The SWAMIH Fund of SBICAP Ventures has said it is working on funding 11 projects in Bengaluru to ensure that home buyers are not affected by delays in the housing projects. Mantri Serenity on Kanakapura Road is the first project to receive SWAMIH funding, enabling completion in 12-18 months.

Kolkata and its surrounding areas will see 2.5-3 million sq ft of fresh warehousing space over the next three years with an investment of around Rs. 750 crore to meet rising demand from e-commerce firms, US-based realty consultant Vestian said in its report 'Looking East: Warehousing in Kolkata'

NBCC (India) has invited bids for construction of 555 houses for the economically weaker section and a commercial complex under Pradhan Mantri Awas Yojna (PMAY) at Prothrapur and Brichgunj/Brokshabad Port Blair in the Andaman & Nicobar Islands on design, engineering procurement and construction (EPC) basis.

GUDA has invited bids for construction of 1,208 EWS-II residential flats, including infrastructure development, under the Pradhan Mantri Awas Yojana (PMAY). The residential flats will come up at Sargasan in Gujarat. The estimated value of the project is Rs. 101.19 crore, with completion period of 24 months.

Realty firm Ashiana Housing will invest around Rs. 400 crore over the next four years on new housing projects that it plans to launch during this fiscal year, and is also looking for partnerships with landowners for expansion of its business. It will launch over 14 lakh sq ft area during this financial year in existing as well as new projects.

The firm, earlier known as TVS Logistics Services, is looking to launch a new warehousing venture with an investment of $150 million (Rs. 1,100 crore). Though the exact area the venture is planning to build is not known, it is believed that with such an investment, a developer can build around 9 million sq ft.

Realty firm Ashiana Housing will invest around Rs. 400 crore over the next four years on new housing projects that it plans to launch during this fiscal year, and is also looking for partnerships with landowners for expansion of its business. The total cost to develop this 14 lakh sq ft area is estimated at Rs. 390 crore over four years.

Avigna Space, the warehousing arm of the Chennai-headquartered Avigna Group, plans to invest Rs. 2,000 crore to develop nearly 10 million sq ft of warehousing space in southern India. The company will develop 3 million sq ft at Karnataka’s Hosur, 4 million sq ft at Hoskote, 1.5 million sq ft at Chennai and 1 million sq ft at Andhra Pradesh’s Nellore.

CII-Indian Green Building Council has digitally launched the IGBC Green Logistics Parks & Warehouses Rating System during the recent inaugural session of CII Institute of Logistics Conference on Building Warehousing Competitiveness 2020. The rating system is the 27th rating of the Indian Green Building Council.