In Q1 2024, institutional real estate funding dropped by 55% to USD 552 million. Bengaluru and NCR were high funding locations, with Edelweiss Capital rising as a key investor. Mumbai’s 10% price development prior to now 12 months pushed primarily by prosperous homebuyers on the lookout for a lifestyle upgrade in the backdrop of a robust economic surroundings which continues to gain momentum. GOCL Corporation Ltd, a part of the Hinduja Group, has partnered with Squarespace Builders to monetize 264.5 acres in Hyderabad, bringing in over Rs 3,402 crore. They are also creating land with Hinduja Healthcare, and funds shall be used for future growth, including a Bengaluru IT project.
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