Surabhi Chemicals, recently acquired by Mahadhan Vincom, is venturing into real estate with projects planned in Nagpur, Surat, and Vadodara. The company intends to invest Rs. 30 crore, focusing on western India.
Studio apartments, despite their small size (avg. 350 sq. ft.), are witnessing rising demand due to affordability and low maintenance costs.
Surat’s real estate sector has witnessed a 100% growth in the past two years, driven by vertical development, business opportunities, and infrastructure projects.