Real estate developer is planning to set up a property investment and development fund worth $75 million or over Rs 570 crore. The company has formed a new platform Mt. K. Kapital to undertake its foray into fund business.

Honeyy Group had launch a total of 34 projects in single day. These ventures will be launched in various parts of Andhra Pradesh and Telangana. The real estate company is all set to create a new benchmark in the construction industry by conducting Bhoomi Pooja for 25 projects in AP and nine ventures in Telangana. The new residential ventures include 16 projects from Visakhapatnam, two from Kakinada, four from Rajahmundry, three from Vijayawada and nine from Hyderabad. With the launch of 34 projects in one day, Honeyy Group set a benchmark for the construction industry. It was able to achieve this by using a number of innovative techniques to design, construct, and manage buildings. This is a new initiative by Honeyy Group, the company that brought to the limelight the idea of having homes built according to the owners preferences. As a first of its kind initiative, the company is positively disrupting the way construction works are done in India, the group said in a statement.

Apart from residential buildings, over 125 commercial projects with around 12,500 shops and offices are under construction across Nashik city. Interestingly, majority of commercial projects are coming up on the outskirts of the city.

Equinix announced an investment of over $9 million to acquire a parcel of land in Chennai on a long-term leasehold basis as part of its expansion and growth strategy in India.

DeVX has expanded its footprint in Gujarat’s Vadodara with a 90,000-sq-ft co-working hub in the city. This is the company’s third co-working center in Vadodara. The company’s earlier two centers in Vadodara are spread across 25,000 sq ft and 20,000 sq ft, respectively.

VMRDA has got approval for its proposed layouts in Vizianagaram district from the Directorate of Town and Country Planning (DTCP). The authority will develop two middle income group (MIG) layouts in about 41 acres in two different mandals in Vizianagaram district.

After Delhi, Noida is all set to have its first ‘Worlds of Wonders Park’ that will have replicas of seven wonders and statues of wild animals. It will be built across 20 acres under the Mahamaya flyover at a cost of Rs 20 crore.

Birla Estates has entered into an agreement to jointly develop a 52 acre land parcel in North Bengaluru with M S Ramaiah Realty LLP. The project has a revenue potential of Rs 3000 cr and development potential 4 mn sq ft.

DLF will be investing nearly Rs 2,000 crore to construct two new shopping malls in Gurugram and Goa, as it sees huge growth potential in organised retail with opening up of the economy after significant reduction in coronavirus infections.