co living spaces
Real estate developer Experion Developers will invest $300 million in the country‘s co-living and student housing market as demand for such spaces has increased following the Covid-19 disruption. CEO and board member of Experion Developers, BK Malagi, informed that the builder has planned to open its first property in the next academic year. The company will adopt an approach in which it owns and operates the property. The Indian arm of Experion Holdings Pte Ltd, Singapore aims to reach 50,000 beds in two years and its first property will open soon in Greater Noida with 750 bedrooms. It plans to follow it up with properties in Jalandhar, Hyderabad, Bengaluru, Pune, and Mumbai. At the moment, a majority of co-living operators acquire or lease existing buildings that were not built with this segment's needs in mind. However, they intend to build it for student housing or co-living. Currently, it is negotiating with universities for partnerships in which it will build and operate a student housing facility on campuses with a combination of on-campus and off-campus facilities.
The US-based and global real estate investment and development major, Hines, has recently entered into the Mumbai property market to develop about 9 lakh square feet of leasable area mixed-use project spread over an 8.8-acre land parcel in the city. For the project

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The Trehan Group has announced the launch of a new plotted development housing project Trehan Vivanta, comprising 150 residential plots, at Bhiwadi in Rajasthan. For the upcoming project, the company will develop the required infrastructure including internal roads

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NBCC has recently signed an agreement with the External Affairs Ministry to redevelop a housing complex in central Delhi worth ₹175 crore. In this connection, the company has signed a memorandum of understanding (MoU) with MEA Housing Complex

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Demand for home loans from country’s tier 3 and 4 cities and districts have been growing at a faster pace than the top two tier districts, including Mumbai and Delhi (NCR), while the country’s home loan market is likely to double in five years

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In an attempt to soften the impact of the rising interest rate on home buyers, real estate developers have started to undertake mitigating measures. Realty developers including Tata Housing, Lodha Developers, and Runwal Group are stepping in to protect

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Adding more projects to its portfolio in the realty sector, the Brigade Group has recently signed agreements for prime land parcels in Chennai and Bengaluru and will build real estate projects on both the cities. The agreement to purchase the Mount Road

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The Chandigarh Housing Board (CHB) has decided to auction 154 properties - 101 commercial and 53 residential. All the properties are mainly in

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Lodha Group has planned to develop a high-end residential luxury project in Pune with a small component of retail space. This project has

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Godrej Properties has decided to develop a luxury project near Carmichael Road, an upmarket residential area in Mumbai. The new project for

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MahaRERA is planning to revive more than 2,800 stalled and lapsed housing projects involving a staggering investment of ₹78,684 crore. It has set up a dedicated

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The City and Industrial Development Corporation (CIDCO) has completed construction of a 12-storey residential tower with 96 flats under the Prime Minister

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Adani Group has decided to develop real estate projects alongside its airports across the country in addition to its aeronautical and non-aeronautical terminal

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Joyville Shapoorji Housing has planned to invest ₹700 crore in land acquisition together with exploring the option for the next round of funds. Managing

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Singapore-based sovereign wealth fund GIC has decided to invest ₹2,800 crore in a commercial project in Bengaluru being built by the Bhartiya Group. In return

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Gujarat government has approved four town planning (TP) schemes in Ahmedabad, Surat and Junagadh, where 15,200 low-cost housing units will be built

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Macrotech Developers, with an aim to be a net-zero carbon company by 2035, has targeted to invest ₹3,950 crore in various sustainable residential and commercial

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L&T Realty has entered into an agreement to jointly develop realty projects in South Mumbai on the western fringes of Mumbai and Thane entailing

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Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group, via its wholly owned subsidiary

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The Kolkata-based real estate builder, Merlin Group, has planned to develop both residential and commercial projects on an area of over 3

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Real estate building major Sobha Developers has entered into a joint development agreement (JDA) to build a housing project in Chennai where the project pact

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