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.