April 16, 2024
3 Min Read
CW Team
The Indian real estate sector is poised for unprecedented growth, with projections indicating that it will grow into a staggering worth of $1.5 trillion by 2034. This significant upsurge is attributed to soaring demand and a confluence of favorable factors propelling the market towards exponential expansion. As the economy rebounds and urbanization accelerates, the appetite for residential, commercial, and industrial properties is witnessing an unprecedented surge, catapulting the real estate industry into a realm of unparalleled growth and opportunity.
Driven by rapid urbanization and a burgeoning middle class, the demand for housing…
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Kanodia Group acquires land in Gurugram for ₹153 crore; plans to develop a luxury housing project
Kanodia Group, which is into the cement business, has acquired a 1.74 acre land parcel in Gurugram for ₹153 crore and plans to develop a luxury real estate project on it, the company said in a statement.
The company has recently announced its plans to enter into the real estate sector and invest ₹5,000 crore over the next 5-7 years.
Kanodia Group, which is into the cement business, has acquired a 1.74 acre land parcel in Gurugram for ₹153 crores. (Representational photo) (Photo by Parveen Kumar/Hindustan Times)
Also Read: Dwarka Expressway inauguration: The impact on Gurugram real estate prices
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Real Estate Recent Developments | India’s first News Website on Investment Projects
BCD Group, in a groundbreaking collaboration with Maiwir Engineering, is poised to revolutionize the construction landscape with advanced technologies. With an ambitious plan to develop over 100 million sq. ft. of real estate over the next five years, the joint venture aims to set new benchmarks in project completion efficiency. BCD Group, with its extensive expertise across residential, commercial, and infrastructure sectors, joins forces with Maiwir Engineering’s global expertise in turnkey projects to offer cutting-edge solutions. With notable achievements including the completion of over 25 million sq. ft. of development and ongoing projects spanning 13 million sq. ft., BCD Group…