indian real estate project
Smart World Developers, which has been set up by M3M group promoters, will invest around ₹3,000 crore to develop its first two residential projects in Gurugram where the project will build 4,000 flats with 6 million square feet of developable area. Both the projects are being started this month itself after getting the necessary regulatory approvals. CEO Vivek Singhal informed that these projects will mainly have low-rise floors under the Haryana government scheme requiring ₹75 lakh to ₹1.5 crore. The company has already raised around ₹400 crore from Piramal group and India Infoline for development of these projects. The investments have been made in the two Special Purpose Vehicles (SPVs) formed to build these projects. It also aims to launch 1-2 more projects by the end of this fiscal year. Smart World Developers will focus on developing projects keeping in mind the requirement of millennials across major cities of the country. President (Sales and Marketing) Ashish Jerath informed that the company is looking to expand in key real estate markets such as Gurugram, Noida, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Goa and Hyderabad shortly.
Sunteck Realty has planned to launch seven projects in and around the Mumbai metropolitan region. Sunteck will be launching the first phase of these projects

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UK based Planet Holdings has planned to co-develop 15,000 housing units with Kolte-Patil Developers across Mumbai, Pune and Bengaluru. It has invested in a

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Ajmera Realty has launched ₹900 crore residential housing project as a part of its 100-acre master layout in central Mumbai’s Wadala locality

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Macrotech Developers has entered into 11 joint development agreements (JDAs) with landowners with an estimated sales revenue potential of

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In the upcoming Union Budget 2022-23, real estate developers are seeking an increase in the limit of home loan interest deduction for tax rebate to

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WeWork India plans to expand its portfolio of co-working space by one million square feet in the next year by adopting flexibility in its work models

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Darwin Platform Infrastructure (DPIL) has secured the contract for Lavasa Corporation, the country's first privately developed township on the

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Smart World Developers has decided to invest ₹1,200 crore in developing 2.8 million sq ft of residential space across two projects in Gurgaon.

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The government of Jammu and Kashmir signed 39 MoUs worth ₹18,900 crore with investors in various sectors including real estate, during the Real Estate summit, which was jointly organized by the Ministry of Housing

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Real estate building major, Macrotech Developers, has formed a partnership with Morgan Stanley Real Estate Investing (MSREI) to develop a premium warehousing project on the outskirts of Mumbai with an investment of ₹600 crore

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Noida-based real estate builder SKA Group will invest ₹400 crore to develop a luxury housing project in Noida in the NCR region. The company has launched its new project 'SKA Orion', spread over 3.5 acres, and housing 508 units

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Tata Realty and Infrastructure Limited has planned to develop ultra-luxury residential apartments near Hailey Road, Delhi with an investment of ₹150 crore

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Godrej Properties has entered into a joint venture with the TDI group to build a luxury housing project at Connaught Place in Central Delhi

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Real estate builder, M3M, has planned to develop 2 lakh square feet of retail space at Sushant Lok, Sector 57 in Gurugram. The project, named Atrium57

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Shapoorji Pallonji's housing platform Joyville has decided to invest ₹300 crore to develop three residential projects in Pune housing 750 flats in the

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Maharashtra Government has cleared 20 townships under Samruddhi Mahamarg and one of them is all set to become reality in Arvi tehsil of Wardha district

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The Ministry of Housing and Urban Affairs (MoHUA) has approved the construction of 3.61 lakh houses in 17 States/UTs under Affordable Housing

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The Maharashtra Housing & Area Development Authority (MHADA) has entered into a memorandum of understanding with realty developer

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Realty developer Smartworld has decided to invest ₹1,200 crore in developing two residential projects in Gurugram. CEO at Smartworld

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Tata Value Homes, a wholly-owned subsidiary of Tata Housing, has planned to invest ₹600 crore to develop the second phase of its Eureka

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