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M3M India lines up Rs 2,500 crore for land acquisition
M3M India will invest Rs 2,500 crore in land acquisition over coming months. The company plans to accelerate construction of its extensive under-development portfolio. This significant investment will be funded by customer receivables and existing cash reserves. M3M India aims to expand its presence in Noida through upcoming land auctions. The developer is also completing several residential and commercial projects this financial year.
Noida authority auctions land parcels to Godrej Properties, VRC construction
Noida Authority has successfully auctioned two prime land parcels in Sector 151 for residential projects, fetching a total of Rs 666 crore from Godrej Properties and VRC Construction. This development, coupled with the upcoming Noida International Airport and robust infrastructure, is fueling significant growth in the region. Experts predict substantial increases in property values over the next two years, underscoring Noida's burgeoning real estate market.
Godrej Properties gains on acquiring land parcel in Chennai with Rs 500 crore revenue potential
Godrej Properties rose 2.47% to Rs 1875.75 after the company announced the acquisition of a 47-acre land parcel through an outright purchase which is located off Old Mahabalipuram road (OMR), one of the fast-growing micro markets in South Chennai.
Godrej Properties buys 47-acre land parcel in Chennai; eyes Rs 500 cr revenue
Godrej Properties has made a significant step by purchasing a 47-acre land parcel in South Chennai. The intended development of residential plots is projected to yield an impressive Rs 500 crore in revenue. This acquisition responds to the surge in demand for well-organized living spaces in the region, enhancing Godrej's position in Chennai's property scene and supporting its wider growth objectives.
Godrej Properties acquires 47-acre land parcel in South Chennai
With estimated revenue potential of Rs 500 cr
Godrej Properties shares in focus after buying Chennai land parcel for ₹500 crore topline potential
The site is well-connected via OMR and provides access to key employment hubs across the Siruseri-Kelambakkam corridor, including SIPCOT and emerging nodes such as Vandalur, Guduvanchery and the wider Mahabalipuram region.
Puravankara gains on inking JDA for Bengaluru land parcel with Rs 1,000 crore GDV
Puravankara added 2.64% to Rs 217.80 after it has entered into a joint development agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru, with an estimated gross development value (GDV) of around Rs 1,000 crore.
Puravankara inks joint development for 6.4-acre land in Bengaluru’s Sarjapur
Puravankara has inked a joint development deal for a 6.4-acre plot in Bengaluru's Sarjapur, projecting a Rs 1,000 crore Gross Development Value. This residential project, spanning 0.8 million sq ft, bolsters the developer's pipeline, contributing to a Rs 5,200 crore GDV from Q1 FY27 acquisitions. The company emphasizes its commitment to high-growth markets like Bengaluru, strategically securing land with strong infrastructure and employment prospects.
Puravankara shares gain after it enters joint development deal for 6.4 acre land parcel in Bengaluru
The said corridor in Bengaluru has emerged as a preferred destination for IT professionals and homebuyers seeing quality housing, supported by limited availability of organized residential projects from reputed developers, Puravankara's statement read.
Puravankara announces joint development of 6.4 acre land in Sarjapur, Bengaluru
With estimated gross development value of Rs 1,000 cr
Mahindra Lifespace Developers acquires 15-acre land parcel in Kandivali East, Mumbai
With estimated gross development value of Rs 5,600 cr
Mahindra Lifespaces buys 15-acre land in Mumbai to build Rs 5,600 cr housing project
Mahindra Lifespace Developers has secured a prime 15-acre plot in Mumbai's Kandivali East, paving the way for a massive housing project. This development is projected to generate an impressive Rs 5,600 crore in revenue and will span approximately 1.8 million square feet. The acquisition, made through a competitive bid, marks a significant expansion for the realty firm, which boasts a substantial development footprint across India.