Omaxe Group pushes forward with RERA applications for two key Ludhiana developments: a 5-acre site at Ghumar Mandi Fountain Chowk won via RLDA bidding, and a sprawling 70+ acre township on South City Road. These moves highlight the firm's dedication to transparency and growth in Punjab's vibrant real estate scene, blending community focus with urban perks amid recent approvals for similar...
Prestige Estates Projects Ltd unveils the second phase of its 62.5-acre Indirapuram township with 620 premium residential units under Mayflower, targeting Rs 2,200 crore in revenue. Following the near sell-out of the first phase's 3,421 units worth Rs 9,000 crore, this launch capitalizes on surging demand for luxury homes along NH-24 in Ghaziabad.
Shapoorji Pallonji has rolled out the second phase of its Joyville project in Howrah, boasting IoT-enabled homes and solar-powered amenities. Building on Phase 1's success with 85% pre-sales, it stands as the area's premier smart township, including co-living options for IT workers fleeing Kolkata's high costs.
NeoLiv, led by ex-Godrej Properties CEO Mohit Malhotra, has signed a deal to build a 62-acre premium township in Faridabad's Sector 98 and 99A. This project focuses on luxury villas and plots, boasting a revenue potential of ₹2,300 crore, marking a major expansion in the NCR real estate market.
Chennai-based G Square Group acquired 714-acre Kovai Hills project for Rs 1000 crore, rebranding it as G Square Seven Hills township in Coimbatore with premium plots and mixed-use development.
GMADA launches Eco City-2 extension in New Chandigarh after 12-year delay, featuring 153 residential plots across 96 acres in Hoshiarpur village.
Ghaziabad Development Authority accelerates long-delayed Indirapuram Extension project amid soaring property prices, holding 96 acres of 230-acre township near Delhi-Meerut Expressway.
Mumbai-based Rustomjee Group explores two joint development proposals for 100-acre township projects in Pune, marking expansion beyond Mumbai Metropolitan Region next year.
Chief Minister Mohan Yadav invites real estate investments in MP with assured utilities, approving ₹3,562 crore for infrastructure projects and housing support for 65,000+ beneficiaries.
Government sanctions seven townships along Delhi-Jaipur Expressway, promising major real estate boom. The 195km corridor will transform urban development between two cities.
Patna's largest township, Saakaar Aqua City, set for March 2025 handover after starting in 2018. Features luxury flats, 65% open spaces, and a zero-carbon footprint, pioneering sustainable urban living.
West Bengal Assembly amended Land Reforms Bill, to disallow use of excess land meant for townships, for building real estate, and use for farming or rural economy.
The MoEF's revised notification permits township projects in the Western Ghats, sparking protests from environmentalists who fear ecological damage.
The local real estate market in Gujarat is gearing up to capitalize on Maruti Suzuki's planned plant, with builders acquiring land for residential and commercial development.
Parsvnath Developers to invest ₹1,100cr in Gurgaon-Sohna road township, aiming ₹2,700cr revenue in 4 years.
Supreme Court's decision on Greater Noida land case sends shockwaves among buyers and developers. Future of over 6,000 buyers uncertain as projects are halted.
Oracle India's deal for 1.2-million sq ft of office space in Brigade Northstar has collapsed due to pricing differences, halting plans to move 8,000 employees.
City Corporation introduces apartment exchange scheme for Amanora Park Town project in Pune.
Omaxe Infrastructure and Construction (P) secured a Rs 907.10 million order from Hindustan Zinc for developing a township in Dariba, Udaipur.
QVC Realty to raise ₹600 crore for land acquisition and project development in south India, primarily near new airports in Bangalore and Hyderabad.
HCC Real Estate Ltd plans major investments in land for townships and launches an 80-acre slum rehabilitation scheme, and constructs an IT park.
Salim Group chairman Prasoon Mukherjee expressed confidence in West Bengal's industrial development, stating ongoing projects, including PCPIR, remain unaffected by the Expressway's temporary halt due to land acquisition issues.
Kerala's real estate is attracting NRI investment, with a property expo in Doha showcasing township and residential projects. Driven by a growing IT sector and Gulf buyers, the market shows a strong upward trend.
Real estate companies are increasingly investing in hospitality projects due to a perceived oversupply in residential and commercial markets. Driven by rising room rates and limited supply, developers view hospitality as a stable income source.
HCC restructures by forming subsidiaries for real estate and infrastructure, aiming for distinct identities to tap into high-growth sectors effectively.