The Bengaluru-based property developer, with a market capital of about Rs. 5,000 crore, has launched a Rs. 1,100 crore residential project at Moti Nagar, Hyderabad. The project. ‘Brigade Citadel’, is spread over 11 acres comprising over 1,300 two- and three-bedroom homes priced between Rs. 75 lakh and 1.4 crore.

The authority has put forth a new proposal with regard to building a premium apartment complex on 130 acres of land in Konadasapura near Whitefield. The plan has received approval from Chief Minister B S Yediyurappa.

The company will invest Rs. 450 crore in developing a three million sq ft commercial and retail hub in Greater Noida (West). The project includes premium corporate suites, shopping, five acres of green space, charging stations for electric vehicles, solar energy backup and zero liquid waste discharge system.

The realty developer has entered into a joint development agreement with Royal Golf Link City Projects to develop a 9 acre residential and retail space in Greater Noida with an investment of Rs. 250 crore. Migsun will develop 138 villas and 2.5 lakh sq ft of retail space in Royal Golf’s gated township.

Realty developer DLF, in a joint venture with Singapores sovereign wealth fund GIC, will develop 8 million sq ft of high-end residential towers at Central Delhi’s Moti Nagar, with a revenue expectation of Rs. 12,000-15,000 crore. The DLF-GIC JV has so far focused on office space; this is the first time they will develop a residential complex.

Realty major DLF and US-based Hines will invest around Rs. 1,300 crore to construct the first phase of a premium commercial project, largely office space, in Gurugram. The project comprises 2.55 million sq ft area in the first phase.

The Punjab-based real estate developer has forayed into Himachal Pradesh by launching its first residential project, Sushma Elementa, in Kasauli, Solan district. Being constructed over a built-up area of 3,38,079 sq ft, the project will offer 382 units of 1, 2 and 3 BHK apartments.

Private equity investment in Indian retail real estate assets is expected to pick up in 2021 with global funds like GIC, Blackstone, Warburg-Runwal, and Lakeshore showing interest. As per ANAROCK Research, 2019 saw total PE investments of about $968 million in retail real estate, before a Covid-induced slowdown.

One of the main impacts of the pandemic for the real estate and infrastructure sectors has been the increased desire for risk mitigation by developers. This was manifest in two of the largest office space portfolio divestments this year. Tailwinds for commercial real estate to are expected to continue in 2021.