Prestige Estates and Arihant Foundations have entered a joint venture to develop residential, commercial, retail, and hospitality projects in Chennai, marking a strategic expansion for both real estate firms

Ponneri, just 35 km from Chennai, is emerging as a top real estate hotspot with Smart City status, great connectivity, and rising property values. With affordable housing, major infrastructure projects, and investment growth, now is the best time to invest in Ponneri.

Actis, a London-based sustainable infrastructure investor, and Mahindra Lifespaces, the real estate and infrastructure development arm of the Mahindra Group, have formed a joint venture to build 16-17 million square feet of industrial and logistics facilities in India.

Embassy Group invested Rs 1,160 crore in Indiabulls Real Estate. Preferential allocation brings additional cash into Indiabulls, enabling new South Indian real estate developments.

Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.

The Bengaluru-based real estate developer Puravankara is expected to deliver 2,000 apartments this financial year, unleashing approximately 2 million square feet of growth potential throughout Bengaluru, Pune, Chennai, and Mumbai.

Chennai Based Property Development Company Casagrand has announced plans to expand into the commercial real estate market, with plans to spend 8,000 crore over the next five years.

Purvankara Asset Management invested Rs 93 crore from its second alternative investment fund (AIF-II) in a Chennai project.

The Bengaluru-Chennai Expressway is a part of a bigger project- The Bengaluru-Chennai Industrial Corridor. The development of this corridor is not just expected to spur industrial growth between Bengaluru and Chennai.

With an aim to facilitate development on the metro rail project in Chennai, the ministry has declared that assistance on the two elevated stretches would begin shortly while the underground stretch would be operational by the end of the year.