Builders tap new cities as housing sees new boom
Hindustan Times|February 16, 2024
Top developers are entering new markets for residential projects, as rising urbanization and an expanding middle class fuel a housing boom.
Madhurima Nandy
Builders tap new cities as housing sees new boom

Developers are exploring opportunities particularly in cities such as Hyderabad, Pune, Bengaluru and Gurugram that have seen high sales.

Mumbai-based Godrej Properties Ltd this week acquired 12.5 acres in Hyderabad's Rajendra Nagar locality to develop a premium residential project, marking its entry into the city. Shriram Properties Ltd, which has so far focused on South India, is entering Pune with a mid-market housing project in suburban Undri. It has signed a development management agreement with the landowner for the project.

This story is from the February 16, 2024 edition of Hindustan Times.

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This story is from the February 16, 2024 edition of Hindustan Times.

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