Indian developer Sobha Group has obtained eight million square feet of land at Dubai’s Meydan City for an undisclosed amount to build a mixed-use project.
The project -- Supernova -- will house about 1,300 flats, which will be priced between Rs 60 lakh and Rs 3 crore
The Gujarat government has roped in infrastructure and real estate firm Atlanta to jointly develop a Rs 9,500 crore theme park in Surat.
Mumbai-based developer Hiranandani Constructions will invest up to Rs 3,000 crore next year on various realty projects across the country.
Ahmedabad-based real estate developer J P Iscon (JPIL) will invest Rs 250 crore in four housing projects in Vadodara, a top official said on Friday.
The company plans to sell these plots in New Chandigarh, Gurgaon, Panchkula and Lucknow.
The project will comprise commercial as well as residential towers.
It will be 54 storied and have 170 high-end apartments.
DDA will construct over 20,000 lower income group flats and over 4,000 lower category flats.
Mumbai-based realty major Hiranandani Group plans to invest Rs 2,000-3,000 crore in the next one year for developing residential complexes and commercial spaces, a top company official has said.
Chennai-based property developer Akshaya Homes proposed to enter Karnataka and Kerala realty market by 2015, a top company official said on Friday.
Real estate developer Mantri has announced their second housing project 'Mantri Navaratna' at Chrompet, a suburb of the city.
Realty firm Alpha G Corp on Friday said it will develop an integrated township in the city with an investment of Rs 650 crore.
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