Tag: Real Estate

Godrej Properties acquired five land parcels in the April-June quarter to build housing projects with revenue potential of ₹11,400 crore and will continue to pursue attractive land-buying opportunities, according to a top company official. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej said, “We are quite active on the land front. ...

Realty firm Prestige Estates Projects Ltd has acquired 102 acres of land in the April-June quarter to build housing projects, with a potential to generate revenue of more than ₹20,000 crore. Looking to expand its residential real estate business, Bengaluru-based Prestige Estates Projects has been acquiring land parcels outright and also partnering with landowners. ...

DRA Group, the Chennai-based real estate developer and Balajadia Family office – global investors and entrepreneurs from the Philippines, have signed a Memorandum of Understanding (MoU) for joint development of 1 million sq ft of Grade-A commercial and retail space in India under Phase 1, with an estimated investment value of $100 million. The ...

NEW DELHI: Chennai-based DRA Group has entered into a memorandum of understanding (MoU) with Philippines-based Balajadia Family office to create a special purpose vehicle (SPV) platform. This 50:50 joint venture will see the development of one million sq ft of grade-A commercial and retail spaces in Chennai and Bengaluru under phase-I, with an estimated ...

Chennai has also seen a large share of high-quality office infrastructure, with 64 per cent per cent of its inventory classified as Grade A, compared to the pan-India average of 53 per cent per cent Chennai’s total office stock has reached 92 million square feet as of H1 2025, contributing 10 per cent per ...

VISAKHAPATNAM: In a major boost to the city’s tech ecosystem, the state govt has allotted land parcels to five IT companies — including data centre projects — with a projected investment of 19,000 crore. For example, the govt approved the allotment of 3.6 acres at the IT SEZ in Madhurawada to Sify Infinit Spaces ...