Top Real Estate Investments By Multinational Companies in FY14

1. Investment in Dholera by Mahindra Lifespace

Mahindra Lifespace Developers Ltd is waiting for the State Government to approve the land for their new Project in Dholera. In 2011, at the Vibrant Gujarat Summit, Mahindra approved the Mahindra World City (MWC) Project and also signed a MOU with the Government of Gujarat to set up a combined business city at Dholera with an investment of Rs. 2000 Crore approximately.
 
 

2. Eden City plans to expand

Eden City is about to accomplish the extension of their project in Bonhoogly and Maheshtala in the subsequent 5 years. They have invested Rs. 1200 Crore  for the Maheshtala project which includes a school, hospital and shopping complex while Rs. 450-500 Crore in the Bonhoogly Residential Project to accommodate 800 families.  They have tied up with F&C REIT Asset Management, a UK based Fund Management Company, for both their projects.

3. A new housing project to be brought up in Gurgaon by Unitech

Unitech, a leading name in real estate is coming up with a new project at Sector 69 in Gurgaon, which is supposed to be a luxury housing project, worth of over Rs. 500 Crore. The project includes six residential towers consisting of over 300 flats. The prices will commence from Rs. 4.5 Crore.  It spreads over 16 Acres of area and the estimated sales revenue of Rs. 1500 Crore is expected by the time of completion in the year 2017. 

4. New Investments by India Infoline

India Infoline Ltd has invested around Rs. 110 Crore in a residential project in Ghaziabad, owing to its private equity and non-financial banking companies. Shipra Group will be developing this project. An Additional of 30 Crore has been invested in a project of Ruparel Realty in Mumbai by IIFL Domestic Real Estate, the original private equity fund of the group.