Gandhinagar's GIFT City witnesses unprecedented construction growth with new skyscrapers, metro connectivity, and infrastructure expansion across 3,300 acres of development.
Thrissur witnesses a surge in commercial real estate demand as IT park expansions, healthcare growth, and improved connectivity solidify its position as Kerala’s next economic hub.
Samsung R&D Institute India has renewed its five-year lease for a 4.2 lakh square foot space in Bagmane Goldstone with a monthly rent of Rs 4.3 crore.
Several developers, including Posco-India, Unitech, and Lodha, requested more time for SEZ projects, citing market instability. The government is implementing reforms to boost SEZ investments.
The Government announces a new online grievance redressal system for SEZ developers to expedite issue resolution and boost exports.
Top SEZ developers in India, like TCS and Parsvnath Infra, are seeking more time to complete projects, citing global slowdown and market changes. Government to discuss on Nov 8.
Indian real estate developers prepare to issue asset-backed bonds utilizing rental income from offices and shopping malls.
Developers surrendering Special Economic Zones (SEZs) must pledge to adhere to government land-use guidelines. Respective state governments will oversee these lands for infrastructure projects aligned with original SEZ objectives.
New SEZ policies are set to significantly impact the real estate and IT sectors by enabling smaller IT parks and mixed-use developments.
CREDAI expresses reservations regarding the potential success of MIDC's updated SEZ policy, which allocates additional land for housing development. They insist concessions must be offered.
DLF Plans Rs 1000-Crore Infopark Project in Bhubaneswar, Phase One to Start with 5.4 Acres.
DLF has received government approval to proceed with its SEZ project in Kolkata, following a lengthy process to revive the initiative amid rising demand for IT space.
Property prices in major Indian cities have surged, but new developments in areas like Rudrapur and Mohali show growth potential amidst a changing market landscape.
Raheja Developers to invest Rs 4,500 crore in developing an engineering SEZ in Gurgaon, aiming to generate jobs for 50,000 people and yearly exports worth Rs 1,000 crore.
Ansal Properties and Infrastructure Ltd. plans to establish SEZs in Greater Noida, Haryana, and Rajasthan, alongside residential and commercial projects in various North Indian cities.
Reliance Industries faces land acquisition hurdles for its Haryana SEZs due to price disagreements with landowners, impacting the 25,000-acre project.
DS Kulkarni Developers partners with GTC Cyprus for SEZ development in Pune.
Dalmia group's Landmark Land Holdings acquires 10% stake in Pune's Hinjewadi SEZ project, with potential for 49% ownership. The project, developed by Kumar Builders, spans 124 acres and targets $1B+ revenue.
Indians are expected to invest SGD 150 million in Singapore real estate by FY 08-09 end. Land Solutions plans a ₹10,000 crore SEZ in Hyderabad.
Mahindra Lifespace Developers Ltd may explore private equity funding for future projects but has no current plans to dilute its stake, according to Vice-Chairman Arun Nanda.
ARCH Capital and Mahindra Group form a JV to develop a 750-unit residential community in Chennai's Mahindra World City, marking Ayala's first major Indian real estate investment.