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	<title>infrastructure development Archives - Square Feat India</title>
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	<title>infrastructure development Archives - Square Feat India</title>
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	<item>
		<title>Union Budget 2026: Industry Leaders Call for Urban Connectivity, Housing Affordability and Green Manufacturing Push</title>
		<link>https://squarefeatindia.com/union-budget-2026-industry-leaders-call-for-urban-connectivity-housing-affordability-and-green-manufacturing-push/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Sat, 31 Jan 2026 06:48:06 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[AIFs]]></category>
		<category><![CDATA[green manufacturing]]></category>
		<category><![CDATA[GST rationalisation]]></category>
		<category><![CDATA[housing affordability]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[MSMEs]]></category>
		<category><![CDATA[NBFCs]]></category>
		<category><![CDATA[real estate sector]]></category>
		<category><![CDATA[RRTS]]></category>
		<category><![CDATA[Union Budget 2026]]></category>
		<category><![CDATA[urban connectivity]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=11758</guid>

					<description><![CDATA[<p>Ahead of Union Budget 2026–27, real estate and industry leaders are urging the government to prioritise urban connectivity, housing affordability, industry status for real estate, green manufacturing incentives and stronger non-bank credit support to drive sustainable economic growth.</p>
<p>The post <a href="https://squarefeatindia.com/union-budget-2026-industry-leaders-call-for-urban-connectivity-housing-affordability-and-green-manufacturing-push/">Union Budget 2026: Industry Leaders Call for Urban Connectivity, Housing Affordability and Green Manufacturing Push</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p>As preparations for the Union Budget 2026–27 gather pace, optimism is building across India’s real estate, infrastructure and manufacturing sectors. With real GDP growth estimated at a healthy 7.4% in the current fiscal year, industry leaders believe the upcoming budget presents a crucial opportunity to align economic momentum with middle-class aspirations, urban expansion and sustainable industrial growth.</p>



<p>A central expectation from the budget is continued thrust on infrastructure-led development. Projects such as the Delhi–Panipat–Karnal Regional Rapid Transit System (RRTS), a 130-km high-speed corridor that will connect the National Capital Region with Haryana’s emerging cities in under 90 minutes, are being seen as transformative. Beyond easing travel, such corridors are expected to unlock new residential and industrial clusters, supporting metro decongestion and balanced urbanisation.</p>



<p>Alongside physical connectivity, industry voices are calling for fiscal measures that reflect present-day economic realities for homebuyers. With the Cost Inflation Index rising from 240 in 2014–15 to 376 for 2025–26, stakeholders argue that existing home loan interest deductions under Section 24(b) no longer provide the relief they once did, particularly for salaried middle-income families.</p>



<h3 class="wp-block-heading">Real Estate as a Core Growth Engine</h3>



<p>Real estate continues to be a significant contributor to employment and gross value added, and is increasingly viewed as a bridge between infrastructure investment and India’s long-term development vision for 2047. Developers believe Budget 2026 can play a decisive role in strengthening this linkage.</p>



<p>Rohit Gupta, CEO of Mantra Properties and Developers, emphasised the need for formal recognition of the sector.<br>“Ahead of Budget 2026 it is critical that policymakers recognise real estate as a core growth engine of the Indian economy. Granting industry status will reduce financing costs and unlock deeper credit from banks, lowering capital expenses for developers and ultimately buyers,” he said.</p>



<p>Gupta added that industry status would enable access to external commercial borrowings, attract long-term institutional capital such as pension and insurance funds, and improve liquidity across the sector. He also underlined the urgency of single-window clearances, GST rationalisation, housing affordability measures and calibrated tax incentives to enhance competitiveness and ensure sustainable, inclusive housing growth.</p>



<p>Echoing similar sentiments, Sidharth Pansari, Director of Primarc Group, said the budget could act as a strong confidence booster for the sector.<br>“The upcoming budget can act as a strong confidence trigger for real estate if it prioritises homebuyer affordability, liquidity support for developers, and faster infrastructure-led urban expansion. A clear policy push in these areas would not only revive end-user demand but also accelerate sustainable, long-term growth across cities beyond the metros,” he said.</p>



<h3 class="wp-block-heading">Focus on Green Manufacturing and MSMEs</h3>



<p>Manufacturing leaders are also looking to the budget for clarity and support, particularly as global markets increasingly demand adherence to sustainability benchmarks. With solar power investments becoming more financially viable and capital costs expected to stabilise around ₹3.5 crore per megawatt, policy incentives could significantly accelerate adoption—especially among MSMEs, which account for nearly 45% of India’s exports.</p>



<p>Industry executives are seeking measures such as enhanced depreciation benefits, simplified tax structures and smoother GST input credit mechanisms to free up working capital and improve competitiveness, while enabling a faster transition towards renewable energy-led manufacturing.</p>



<h3 class="wp-block-heading">Deepening Non-Bank Credit and Capital Markets</h3>



<p>The role of alternative capital providers is another key theme emerging ahead of the budget. Dr. Amit Goenka, Founder, Chairman and Managing Director of Nisus Finance, highlighted the growing importance of non-bank lenders in addressing India’s housing finance gap.</p>



<p>“With India facing a housing shortage of over 20 million units, the role of non-bank lenders has become increasingly critical. NBFCs today account for nearly 25–30% of real estate credit flows,” Goenka said, pointing to the need for policy measures that improve access to both domestic and offshore debt capital.</p>



<p>He noted that while real estate contributes close to 7.3% of India’s GDP, banks remain risk-constrained, creating space for AIF-led private credit to step in. “Category II AIFs alone now manage commitments exceeding ₹11 lakh crore and are emerging as a key channel for long-term capital deployment,” Goenka said. He called for parity in tax treatment for Category II AIFs, clarity on pass-through status, rationalisation of withholding tax on offshore debt, and stronger credit enhancement mechanisms to scale sustainable capital flows into urban development and infrastructure.</p>



<h3 class="wp-block-heading">A Pivotal Budget Ahead</h3>



<p>As expectations rise, industry leaders see Union Budget 2026 as a potential inflection point—one that can simultaneously advance urban connectivity, restore housing affordability, deepen credit markets and accelerate India’s transition towards sustainable manufacturing. If aligned effectively, these measures could help sustain growth momentum and move the economy closer to its ambition of becoming a $5 trillion economy by 2027.</p>



<p>Also Read: <a href="https://squarefeatindia.com/budget-2023-expectations-whats-in-store-for-real-estate-in-union-budget-2023/">Budget 2023 Expectations – What’s in store for real estate in Union Budget 2023?</a></p>



<p></p>
<p>The post <a href="https://squarefeatindia.com/union-budget-2026-industry-leaders-call-for-urban-connectivity-housing-affordability-and-green-manufacturing-push/">Union Budget 2026: Industry Leaders Call for Urban Connectivity, Housing Affordability and Green Manufacturing Push</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Andhra Pradesh Ties Up with NaBFID for Infrastructure Advisory in Amaravati</title>
		<link>https://squarefeatindia.com/andhra-pradesh-ties-up-with-nabfid-for-infrastructure-advisory-in-amaravati/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Mon, 14 Jul 2025 05:54:49 +0000</pubDate>
				<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[Amaravati]]></category>
		<category><![CDATA[Amaravati news]]></category>
		<category><![CDATA[Andhra Pradesh]]></category>
		<category><![CDATA[APCRDA]]></category>
		<category><![CDATA[Chandrababu Naidu]]></category>
		<category><![CDATA[greenfield capital]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[land monetization]]></category>
		<category><![CDATA[NaBFID]]></category>
		<category><![CDATA[PPP model]]></category>
		<category><![CDATA[public-private partnership]]></category>
		<category><![CDATA[urban planning]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=9503</guid>

					<description><![CDATA[<p>APCRDA signs MoU with NaBFID to boost Amaravati’s infrastructure through expert financial planning, PPP models, and monetization strategies, aligning with the city’s long-term vision.</p>
<p>The post <a href="https://squarefeatindia.com/andhra-pradesh-ties-up-with-nabfid-for-infrastructure-advisory-in-amaravati/">Andhra Pradesh Ties Up with NaBFID for Infrastructure Advisory in Amaravati</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
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<p>The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed a Memorandum of Understanding (MoU) with the National Bank for Financing Infrastructure and Development (NaBFID) to provide Transaction Advisory Services (TAS) for infrastructure projects in Amaravati.</p>



<p>The agreement was formalized in the presence of Hon’ble Chief Minister N. Chandrababu Naidu, marking a significant step towards the capital city’s long-term development.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><strong>Strategic Financial Blueprint for Amaravati</strong></h3>



<p>NaBFID will act as a strategic advisor to APCRDA, helping to craft a high-impact financial roadmap for infrastructure development in Amaravati. The bank will assist in formulating financial strategies, assessing implementation models like Public-Private Partnerships (PPP), and identifying new revenue streams for the capital region.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><strong>Monetization and Revenue Strategies</strong></h3>



<p>One of the key areas of collaboration includes exploring monetization options for land assets and unlocking potential funding mechanisms. NaBFID will guide APCRDA in designing innovative financing models to ensure sustainable infrastructure growth.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><strong>Stakeholder Engagement and Investment Facilitation</strong></h3>



<p>Beyond financial planning, NaBFID will support APCRDA in engaging relevant stakeholders and facilitating investor participation in capital city projects. The goal is to create robust, service-oriented urban infrastructure aligned with Amaravati’s long-term development vision.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><strong>Leadership Statements</strong></h3>



<p>NaBFID Managing Director said the collaboration aims to unlock new financing avenues for Amaravati and contribute to the structured and service-oriented urban development of the city.</p>



<p>APCRDA Commissioner emphasized that the MoU marks a vital milestone in strengthening the financial ecosystem necessary for implementing Amaravati’s greenfield infrastructure vision.</p>



<p>Also Read: <a href="https://squarefeatindia.com/revolutionizing-mumbais-real-estate-the-impact-of-infrastructure-development-on-the-mmr-landscape/">Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape</a></p>
<p>The post <a href="https://squarefeatindia.com/andhra-pradesh-ties-up-with-nabfid-for-infrastructure-advisory-in-amaravati/">Andhra Pradesh Ties Up with NaBFID for Infrastructure Advisory in Amaravati</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>South of Gurugram Sees 151% Jump in Property Prices as Infrastructure Boom Drives Demand</title>
		<link>https://squarefeatindia.com/south-of-gurugram-sees-151-jump-in-property-prices-as-infrastructure-boom-drives-demand/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Wed, 09 Jul 2025 05:46:53 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Delhi-Mumbai Industrial Corridor]]></category>
		<category><![CDATA[Gurugram property prices]]></category>
		<category><![CDATA[Haryana real estate]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[KMP Expressway]]></category>
		<category><![CDATA[Signature Global]]></category>
		<category><![CDATA[Sohna Elevated Corridor]]></category>
		<category><![CDATA[Sohna Master Plan 2031]]></category>
		<category><![CDATA[Sohna real estate]]></category>
		<category><![CDATA[South of Gurugram]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=9480</guid>

					<description><![CDATA[<p>Property prices in South of Gurugram have surged by 151% over five years, supported by transformative infrastructure projects, better connectivity, and strong residential demand from homebuyers and investors.</p>
<p>The post <a href="https://squarefeatindia.com/south-of-gurugram-sees-151-jump-in-property-prices-as-infrastructure-boom-drives-demand/">South of Gurugram Sees 151% Jump in Property Prices as Infrastructure Boom Drives Demand</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
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<p><strong>South of Gurugram (Sohna) has rapidly emerged as a prime real estate hotspot, with property prices skyrocketing by 151% over the past five years. Robust infrastructure upgrades and improved connectivity are fuelling the surge in buyer and investor interest.</strong></p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Soaring Property Prices Reflect Strong Demand</h2>



<p>According to data from 99acres, average property rates in Sohna have more than doubled, now standing at approximately ₹15,600 per sq. ft. This sharp rise underscores steady demand from mid- and premium-segment homebuyers seeking better connectivity and future growth potential.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Infrastructure Transformations Reshaping the Market</h2>



<p>Multiple large-scale infrastructure projects have significantly enhanced Sohna’s connectivity with major cities such as Delhi, Jaipur, and Mumbai. The six-lane, 21.65-km Sohna Elevated Corridor, the Delhi-Mumbai Industrial Corridor, the KMP Expressway, and the proposed metro line are among the key projects driving accessibility.</p>



<p>The Southern Peripheral Road (SPR) has further connected Sohna Road to NH-8 and the Dwarka Expressway, reducing travel times to Gurugram’s commercial hubs and residential neighbourhoods.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Developers Betting Big on Sohna</h2>



<p>As per a recent report by Square Yards, prominent developers—including Signature Global, Central Park Group, and Ashiana—are planning to launch nearly 16,000 housing units in the region.</p>



<p>Pradeep Aggarwal, Founder &amp; Chairman of Signature Global (India) Ltd., commented,</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“Sohna’s real estate market has witnessed remarkable growth in recent years, driven by improving infrastructure, better connectivity, and rising demand from both homebuyers and investors. What makes this micro-market even more attractive is its strong growth potential, supported by planned developments, competitive pricing, and upcoming commercial hubs that are likely to boost both employment opportunities and housing demand further.”</p>
</blockquote>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Social Infrastructure Adding to Sohna’s Appeal</h2>



<p>Beyond connectivity, Sohna offers strong social infrastructure that appeals to families and professionals alike. Hospitals such as Medanta &#8211; The Medicity and Polaris Hospital provide quality healthcare services. Educational institutions including GD Goenka University and Apeejay Stya University make the area attractive for families.</p>



<p>Shopping and entertainment options are expanding as well, with malls like Signature Global Infinity Mall and Omaxe Celebration Mall serving residents’ retail needs.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Master Plan 2031 and Industrial Development to Spur Growth</h2>



<p>Under the Sohna Master Plan 2031, approximately 255 hectares along the Eastern Peripheral Road have been earmarked for commercial development. Additionally, the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has acquired 607 hectares along the KMP Expressway to create an industrial model township.</p>



<p>These developments are expected to further strengthen Sohna’s position as a rising business and real estate hub.</p>



<p>Also Read: <a href="https://squarefeatindia.com/tulip-infratech-resurrects-stuck-gurugram-project/">Gudi Padwa new launches on hold due to corona</a></p>



<p></p>
<p>The post <a href="https://squarefeatindia.com/south-of-gurugram-sees-151-jump-in-property-prices-as-infrastructure-boom-drives-demand/">South of Gurugram Sees 151% Jump in Property Prices as Infrastructure Boom Drives Demand</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Welspun One Secures ₹2,300 Crore from NaBFID for JNPA Logistics Park Development</title>
		<link>https://squarefeatindia.com/welspun-one-secures-%e2%82%b92300-crore-from-nabfid-for-jnpa-logistics-park-development/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Mon, 07 Apr 2025 10:56:46 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[3PL]]></category>
		<category><![CDATA[Construction finance]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[FMCG]]></category>
		<category><![CDATA[India Logistics]]></category>
		<category><![CDATA[industrial real estate]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[JNPA]]></category>
		<category><![CDATA[Logistics Park]]></category>
		<category><![CDATA[NaBFID]]></category>
		<category><![CDATA[Navi Mumbai]]></category>
		<category><![CDATA[SEZ]]></category>
		<category><![CDATA[supply chain]]></category>
		<category><![CDATA[Warehousing]]></category>
		<category><![CDATA[Welspun One]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=9027</guid>

					<description><![CDATA[<p>Welspun One Logistics Parks has secured ₹2,300 crore in construction financing from NaBFID for its flagship logistics project at JNPA SEZ, Navi Mumbai. Spanning 55 acres with a development potential of 3.6 million sq. ft., the park is set to transform India’s warehousing and supply chain landscape.</p>
<p>The post <a href="https://squarefeatindia.com/welspun-one-secures-%e2%82%b92300-crore-from-nabfid-for-jnpa-logistics-park-development/">Welspun One Secures ₹2,300 Crore from NaBFID for JNPA Logistics Park Development</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p>In a landmark deal that underlines the growing momentum in India’s logistics infrastructure sector, <strong>Welspun One Logistics Parks</strong> has achieved financial closure for its flagship project at <strong>Jawaharlal Nehru Port Authority (JNPA)</strong> with a ₹2,300 crore construction financing facility from the <strong>National Bank for Financing Infrastructure and Development (NaBFID)</strong>.</p>



<p>The project, located within the <strong>JNPA Special Economic Zone (SEZ)</strong> in Navi Mumbai, spans <strong>55 acres</strong> and represents Welspun One’s largest logistics development to date. Designed as a <strong>Grade A industrial and warehousing facility</strong>, the park will cater to key sectors such as <strong>e-commerce, third-party logistics (3PL), fast-moving consumer goods (FMCG)</strong>, and <strong>manufacturing</strong>.</p>



<p>With a total development potential of over <strong>3.6 million square feet</strong>, the logistics park aims to redefine operational efficiency and scalability, strengthening India’s position as a global supply chain hub.</p>



<p>“This financial closure is a pivotal milestone in our journey to build world-class logistics infrastructure in India,” said <strong>Anshul Singhal</strong>, Co-Founder and Managing Director, Welspun One. “With NaBFID’s support, we are well-positioned to fast-track execution and deliver long-term value to our stakeholders. The JNPA project will set new benchmarks for the industry.”</p>



<p><strong>NaBFID</strong>, established to catalyze investments in infrastructure, has extended a <strong>22-year term loan</strong> for the project—an indication of both the project&#8217;s scale and NaBFID’s confidence in its long-term impact.</p>



<p>“We are proud to support Welspun One’s JNPA Logistics Park, a project aligned with the Government’s vision to reduce logistics costs to around 8% of GDP,” said <strong>Rajkiran Rai</strong>, Managing Director, NaBFID. “Projects like this will enhance India’s industrial competitiveness globally.”</p>



<p>Echoing the sentiment, <strong>Samuel Joseph</strong>, Deputy Managing Director, NaBFID, added, “Our mandate allows us to fund infrastructure projects with long gestation periods. The JNPA park stands out for being located in an SEZ and built to international specifications—making it a unique opportunity.”</p>



<p>The transaction was facilitated with support from a team of expert partners: <strong>CBRE</strong> provided technical due diligence, <strong>Saraf &amp; Partners</strong> offered legal advisory, and <strong>BDO</strong> ensured financial compliance and verification.</p>



<p>This funding milestone further cements <strong>Welspun One</strong>’s position as a leading developer of institutional-grade warehousing and logistics parks, contributing meaningfully to India&#8217;s evolving infrastructure and economic ambitions.</p>



<p>Also Read: <a href="https://squarefeatindia.com/bengalurus-warehouse-absorption-rises-to-3-9-mn-sq-ft/">Bengaluru’s Warehouse Absorption Rises to 3.9 Mn Sq. ft.</a></p>
<p>The post <a href="https://squarefeatindia.com/welspun-one-secures-%e2%82%b92300-crore-from-nabfid-for-jnpa-logistics-park-development/">Welspun One Secures ₹2,300 Crore from NaBFID for JNPA Logistics Park Development</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>MMRDA&#8217;s BKC Plot Auction Fetches Record-Breaking Prices: Sumitomo and Brookfield Secure Prime Land</title>
		<link>https://squarefeatindia.com/mmrdas-bkc-plot-auction-fetches-record-breaking-prices-sumitomo-and-brookfield-secure-prime-land/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Fri, 04 Apr 2025 12:27:20 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Bandra-Kurla Complex]]></category>
		<category><![CDATA[BKC]]></category>
		<category><![CDATA[Brookfield]]></category>
		<category><![CDATA[Commercial property]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[Maharashtra Government]]></category>
		<category><![CDATA[metro projects]]></category>
		<category><![CDATA[MMRDA]]></category>
		<category><![CDATA[MMRDA land auction]]></category>
		<category><![CDATA[Mumbai Property Prices]]></category>
		<category><![CDATA[Mumbai Real Estate]]></category>
		<category><![CDATA[Office space]]></category>
		<category><![CDATA[real estate investment]]></category>
		<category><![CDATA[Sumitomo Corporation]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=9014</guid>

					<description><![CDATA[<p>The Mumbai Metropolitan Region Development Authority (MMRDA) has set a new record with its latest land auction in Bandra-Kurla Complex (BKC), fetching prices well above the reserve rate. Sumitomo Corporation acquired two prime plots at ₹4,82,000 per square meter, while Brookfield secured another at ₹3,87,000 per square meter. This historic auction highlights BKC’s growing demand among global investors and reinforces Mumbai’s status as a premier commercial hub.</p>
<p>The post <a href="https://squarefeatindia.com/mmrdas-bkc-plot-auction-fetches-record-breaking-prices-sumitomo-and-brookfield-secure-prime-land/">MMRDA&#8217;s BKC Plot Auction Fetches Record-Breaking Prices: Sumitomo and Brookfield Secure Prime Land</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p>Mumbai’s Bandra-Kurla Complex (BKC) continues to cement its position as the country’s most sought-after commercial hub, with the Mumbai Metropolitan Region Development Authority (MMRDA) successfully auctioning three prime plots at record-breaking prices. The bidding saw Japanese giant Sumitomo Corporation and Canadian asset management firm Brookfield emerge as the top buyers, securing the plots for amounts well above the reserve price.</p>



<h2 class="wp-block-heading"><strong>Sumitomo Corporation Acquires Two Plots</strong></h2>



<p>Sumitomo Corporation, through its Indian subsidiary Goisu Realty, won two of the three plots in the auction:</p>



<ul class="wp-block-list">
<li><strong>Plot C-13:</strong> Measuring approximately <strong>7,071.9 square meters</strong>, this plot offers a development potential of <strong>45,000 square meters of built-up area</strong>.</li>



<li><strong>Plot C-19:</strong> Spanning about <strong>6,096.7 square meters</strong>, allowing for a <strong>40,000 square meter built-up area</strong>.</li>
</ul>



<p>Both plots were acquired at&nbsp;<strong>₹4,82,000 per square meter</strong>, significantly exceeding MMRDA’s reserve price of&nbsp;<strong>₹3,44,500 per square meter</strong>. Sumitomo had previously made headlines in 2019 by securing a three-acre land parcel in BKC for ₹2,238 crore, and its latest investment further strengthens its presence in Mumbai’s commercial real estate sector.</p>



<h2 class="wp-block-heading"><strong>Brookfield Wins Plot C-80</strong></h2>



<p>Brookfield, a leading Canadian asset management firm, successfully bid for&nbsp;<strong>Plot C-80</strong>, which covers&nbsp;<strong>8,441.9 square meters</strong>&nbsp;and has a&nbsp;<strong>development potential of 33,647 square meters of built-up area</strong>.</p>



<p>Brookfield secured this prime land parcel at&nbsp;<strong>₹3,87,000 per square meter</strong>, also surpassing the reserve price. The company has been actively expanding its commercial real estate footprint in Mumbai, and this acquisition aligns with its broader strategy of investing in premium office spaces.</p>



<h2 class="wp-block-heading"><strong>MMRDA’s Strategic Land Monetization Plan</strong></h2>



<p>The MMRDA had set a&nbsp;<strong>reserve price of ₹3,44,500 per square meter of built-up area</strong>&nbsp;for commercial plots in BKC. The overwhelming response from global firms underscores the area&#8217;s enduring appeal for businesses and investors.</p>



<p>Proceeds from these land auctions are expected to contribute significantly to MMRDA’s infrastructure projects across the Mumbai Metropolitan Region, including metro expansions and road developments.</p>



<h2 class="wp-block-heading"><strong>Future Developments and Market Impact</strong></h2>



<p>With Sumitomo and Brookfield set to develop high-end commercial establishments, these projects will further enhance Mumbai’s status as a global financial hub. Experts believe that the demand for premium office spaces in BKC will continue to grow, driven by multinational corporations, financial institutions, and tech firms seeking world-class infrastructure in the city.</p>



<p>A top developer aware of the bids commented,&nbsp;<strong>&#8220;This auction has set a new benchmark for real estate in BKC. The pricing reflects the growing confidence of global investors in Mumbai’s commercial property market.&#8221;</strong></p>



<p>The record-breaking land prices also reaffirm BKC’s dominance as India’s most valuable real estate market, outpacing other commercial hubs in terms of demand and capital appreciation.</p>



<p>With these landmark transactions, Mumbai’s commercial real estate sector is set for another phase of growth, attracting further foreign investment and reinforcing the city&#8217;s reputation as the financial capital of India.</p>



<p>Also Read: <a href="https://squarefeatindia.com/shapoorji-pallonji-real-estate-announces-bkc-9/">Shapoorji Pallonji Real Estate Announces BKC 9</a></p>
<p>The post <a href="https://squarefeatindia.com/mmrdas-bkc-plot-auction-fetches-record-breaking-prices-sumitomo-and-brookfield-secure-prime-land/">MMRDA&#8217;s BKC Plot Auction Fetches Record-Breaking Prices: Sumitomo and Brookfield Secure Prime Land</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Maharashtra Government Allocates Rs 19.50 Crore for Mumbai Metro Line-5 Project</title>
		<link>https://squarefeatindia.com/maharashtra-government-allocates-rs-19-50-crore-for-mumbai-metro-line-5-project/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Thu, 20 Mar 2025 10:37:39 +0000</pubDate>
				<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[Bhiwandi Metro]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[Kalyan Metro]]></category>
		<category><![CDATA[Maharashtra Government]]></category>
		<category><![CDATA[Maharashtra Urban Development]]></category>
		<category><![CDATA[Metro Rail Project]]></category>
		<category><![CDATA[MMRDA]]></category>
		<category><![CDATA[Mumbai Metro Line-5]]></category>
		<category><![CDATA[public transport]]></category>
		<category><![CDATA[Soft Loan]]></category>
		<category><![CDATA[State Funding]]></category>
		<category><![CDATA[Thane Metro]]></category>
		<category><![CDATA[urban development]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=8879</guid>

					<description><![CDATA[<p>The Maharashtra Government has sanctioned ₹19.50 crore as a soft loan for the Mumbai Metro Line-5 (Thane-Kalyan-Bhiwandi) project under MMRDA. This funding aims to accelerate metro construction, improve urban transport connectivity, and facilitate economic growth in the region. The government has allocated this amount under the 2024-25 budget, ensuring smoother execution of this crucial infrastructure project.</p>
<p>The post <a href="https://squarefeatindia.com/maharashtra-government-allocates-rs-19-50-crore-for-mumbai-metro-line-5-project/">Maharashtra Government Allocates Rs 19.50 Crore for Mumbai Metro Line-5 Project</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p><em>Mumbai, March 19, 2025:</em> The Maharashtra government has sanctioned Rs 19.50 crore as a soft loan to the Mumbai Metropolitan Region Development Authority (MMRDA) for the implementation of the Mumbai Metro Line-5 project, which connects Thane, Kalyan, and Bhiwandi. This funding is part of the state’s continued commitment to advancing metro rail infrastructure in the Mumbai Metropolitan Region (MMR).</p>



<h3 class="wp-block-heading"><strong>Project Background</strong></h3>



<p>The Mumbai Metro Line-5 project was approved by the state government on December 21, 2017. The project is being executed by the MMRDA, with financial support from both the central and state governments. The total financial model includes a 50% contribution from the central government, full funding for state-level and municipal taxes, and land-related expenses.</p>



<p>To support the implementation of this project, the Maharashtra government has allocated Rs. 1352.25 crore as a long-term soft loan to MMRDA. The repayment of this loan is expected to be managed by MMRDA from the revenues generated through the execution of the project.</p>



<h3 class="wp-block-heading"><strong>Current Financial Allocation</strong></h3>



<p>For the financial year 2024-25, the Maharashtra government had earmarked Rs. 65 crore under the budgetary provision for Mumbai Metro Line-5. Of this, Rs. 19.50 crore will now be disbursed as a soft loan to MMRDA.</p>



<p>The funding will be provided under the budgetary demand item <strong>&#8220;6217 &#8211; Urban Development Loans&#8221;</strong> and categorized under <strong>&#8220;Mumbai Metro Line-5 Project Loan Assistance.&#8221;</strong> The disbursed amount is designated as non-refundable financial assistance.</p>



<h3 class="wp-block-heading"><strong>Loan Utilization and Repayment</strong></h3>



<ul class="wp-block-list">
<li>MMRDA will be responsible for ensuring the utilization of the soft loan for expenses related to the Metro Line-5 project.</li>



<li>The soft loan amount will be used for central and state taxes, land-related expenses, and other operational costs.</li>



<li>The state government has mandated that MMRDA repay the soft loan once the project generates revenue and covers its external borrowings.</li>



<li>In case the government decides to impose interest on the loan, MMRDA will be required to repay it along with the principal amount in a single installment post project completion.</li>
</ul>



<h3 class="wp-block-heading"><strong>Past Financial Support for Mumbai Metro Line-5</strong></h3>



<p>The Maharashtra government has been consistently allocating financial aid to the project since 2022. The disbursement history is as follows:</p>



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Date</th><th>Amount (Rs. Crore)</th><th>Total Cumulative Amount (Rs. Crore)</th></tr></thead><tbody><tr><td>25-08-2022</td><td>21.00</td><td>21.00</td></tr><tr><td>21-03-2023</td><td>14.00</td><td>35.00</td></tr><tr><td>04-07-2023</td><td>12.00</td><td>47.00</td></tr><tr><td>29-08-2023</td><td>18.00</td><td>65.00</td></tr><tr><td>05-03-2024</td><td>30.00</td><td>95.00</td></tr><tr><td>24-06-2024</td><td>21.66</td><td>116.66</td></tr><tr><td>24-12-2024</td><td>23.83</td><td>140.50</td></tr><tr><td>19-03-2025</td><td>19.50</td><td>160.00</td></tr></tbody></table></figure>



<p>With this latest installment, the cumulative financial aid provided by the Maharashtra government to MMRDA for Metro Line-5 has reached Rs. 160 crore.</p>



<h3 class="wp-block-heading"><strong>Future Considerations</strong></h3>



<ul class="wp-block-list">
<li>The Maharashtra government will continue monitoring the financial requirements of the project and provide assistance as necessary.</li>



<li>MMRDA must maintain separate financial records for the disbursed loan and submit periodic expenditure reports to the government.</li>



<li>The loan utilization must adhere to state guidelines, and the funds cannot be diverted to other projects.</li>
</ul>



<h3 class="wp-block-heading"><strong>Conclusion</strong></h3>



<p>The Mumbai Metro Line-5 is a crucial infrastructure project aimed at improving public transport connectivity in the MMR region. The government’s continued financial assistance demonstrates its commitment to ensuring timely project completion and efficient urban mobility. The allocation of Rs. 19.50 crore underlines the government’s long-term vision of expanding metro connectivity and easing transportation challenges in Mumbai and its surrounding areas.</p>



<p>Also Read: <a href="https://squarefeatindia.com/tag/mumbai-metropolitan-region-development-authority-mmrda/">Mumbai Metropolitan Region Development Authority (MMRDA)</a></p>
<p>The post <a href="https://squarefeatindia.com/maharashtra-government-allocates-rs-19-50-crore-for-mumbai-metro-line-5-project/">Maharashtra Government Allocates Rs 19.50 Crore for Mumbai Metro Line-5 Project</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Mumbai MMR Housing Boom: Sales Value Soars 11%, Transactions Surge 5% in Q4 2024</title>
		<link>https://squarefeatindia.com/mumbai-mmr-housing-boom-sales-value-soars-11-transactions-surge-5-in-q4-2024/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Sun, 16 Mar 2025 09:38:12 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Godrej Properties]]></category>
		<category><![CDATA[home sales growth]]></category>
		<category><![CDATA[housing demand]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[lodha group]]></category>
		<category><![CDATA[MMR Housing Market]]></category>
		<category><![CDATA[Mumbai Property Prices]]></category>
		<category><![CDATA[Mumbai Real Estate]]></category>
		<category><![CDATA[Oberoi Realty]]></category>
		<category><![CDATA[Property Trends]]></category>
		<category><![CDATA[real estate investment]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=8805</guid>

					<description><![CDATA[<p>Mumbai’s housing market continued its upward momentum in Q4 2024, with a significant 11% rise in registered home sales value and a 5% increase in transactions. Led by major developers like Lodha Group and Godrej Properties, the market benefited from growing infrastructure projects and a surge in high-value property investments.</p>
<p>The post <a href="https://squarefeatindia.com/mumbai-mmr-housing-boom-sales-value-soars-11-transactions-surge-5-in-q4-2024/">Mumbai MMR Housing Boom: Sales Value Soars 11%, Transactions Surge 5% in Q4 2024</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p><em>March 13, 2025 – Mumbai, Maharashtra:</em> The Mumbai Metropolitan Region (MMR) residential market witnessed a sharp rise in sales activity in the last quarter of 2024, with registered home sales value climbing 11% and transaction volume growing by 5%, according to a report by Square Yards based on Inspector General of Registration (IGR) data.</p>



<h3 class="wp-block-heading"><strong>Market Growth and Key Figures</strong></h3>



<p>Between October and December 2024, MMR recorded 68,082 registered residential transactions, up from 65,126 in the previous quarter. The total registered home sales value reached Rs. 68,025 crore, compared to Rs. 61,012 crore in Q3 2024. As a result, the average registered sales value per unit rose to Rs. 1 crore, marking a 7% increase from Rs. 94 lakh in Q3.</p>



<h4 class="wp-block-heading"><strong>Quarterly Market Overview</strong></h4>



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Metric</th><th>Oct-Dec 2024</th><th>July-Sept 2024</th><th>Q-o-Q Growth</th></tr></thead><tbody><tr><td>Registered Residential Transactions (Units)</td><td>68,082</td><td>65,126</td><td>5%</td></tr><tr><td>Registered Sales Value (Rs. crore)</td><td>68,025</td><td>61,012</td><td>11%</td></tr><tr><td>Average Registered Sales Value (Rs. crore)</td><td>1.00</td><td>0.94</td><td>7%</td></tr></tbody></table></figure>



<h3 class="wp-block-heading"><strong>Market Leaders and Top Developers</strong></h3>



<p>Lodha Group maintained its dominance in MMR’s housing market, leading in registered home sales value with Rs. 1,787 crore, propelled by its Lodha Bellevue project in Mahalaxmi. Godrej Properties followed with Rs. 1,460 crore, while Oberoi Realty secured third place with Rs. 1,340 crore.</p>



<p>Conceptual Advisory Services led in transaction volume with 973 registered transactions, mainly from Suraksha Smart City in Vasai East. Lodha Group followed with 852 transactions, driven by Lodha Crown in Thane West.</p>



<figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="1024" height="627" src="https://squarefeatindia.com/wp-content/uploads/2025/03/image-5-1024x627.png" alt="" class="wp-image-8806" srcset="https://squarefeatindia.com/wp-content/uploads/2025/03/image-5-1024x627.png 1024w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-5-300x184.png 300w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-5-768x470.png 768w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-5-1536x941.png 1536w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-5-800x490.png 800w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-5-1160x711.png 1160w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-5.png 1910w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4 class="wp-block-heading"><strong>Top Developers by Registered Home Sales Value (Rs. crore)</strong></h4>



<ul class="wp-block-list">
<li><strong>Lodha Group</strong> &#8211; 1,787</li>



<li><strong>Godrej Properties</strong> &#8211; 1,460</li>



<li><strong>Oberoi Realty</strong> &#8211; 1,340</li>



<li><strong>L&amp;T Realty</strong> &#8211; 1,188</li>



<li><strong>Rustomjee Builders</strong> &#8211; 888</li>
</ul>



<h4 class="wp-block-heading"><strong>Top Developers by Registered Residential Transactions</strong></h4>



<ul class="wp-block-list">
<li><strong>Conceptual Advisory Services</strong> &#8211; 973</li>



<li><strong>Lodha Group</strong> &#8211; 852</li>



<li><strong>Dosti Group</strong> &#8211; 589</li>



<li><strong>Godrej Properties</strong> &#8211; 583</li>



<li><strong>Runwal Group</strong> &#8211; 547</li>
</ul>



<h3 class="wp-block-heading"><strong>Area and Budget Trends</strong></h3>



<p>Compact homes remain the top choice, with 54% of registered transactions for apartments smaller than 500 sq. ft. Properties priced below Rs. 50 lakh accounted for 50% of total transactions, while those between Rs. 50 lakh and Rs. 1 crore made up 24%. High-value transactions were concentrated in Mumbai’s western and southern suburbs.</p>



<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="843" src="https://squarefeatindia.com/wp-content/uploads/2025/03/image-6-1024x843.png" alt="Quarterly Growth in Registered Transactions and Sales Value " class="wp-image-8807" srcset="https://squarefeatindia.com/wp-content/uploads/2025/03/image-6-1024x843.png 1024w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-6-300x247.png 300w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-6-768x633.png 768w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-6-800x659.png 800w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-6-1160x955.png 1160w, https://squarefeatindia.com/wp-content/uploads/2025/03/image-6.png 1418w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3 class="wp-block-heading"><strong>Micro Market Performance</strong></h3>



<p>Kalyan-Dombivli led in transaction volume, making up 20% of total sales, while Mumbai’s western and southern suburbs contributed 50% of total home sales value. Thane West emerged as the highest-grossing micro-market with Rs. 5,348 crore in sales, followed by Worli (Rs. 2,884 crore) and Lower Parel (Rs. 2,054 crore).</p>



<h3 class="wp-block-heading"><strong>SFI Analysis</strong></h3>



<p>The MMR real estate market is poised for sustained growth, fueled by major infrastructure developments such as the Navi Mumbai Airport, metro expansions, and a proposed cable car project. As redevelopment projects reshape South Mumbai and connectivity improves in peripheral areas, housing demand is expected to remain strong. Market fundamentals suggest continued momentum in the coming quarters, with compact homes and affordable housing driving demand while premium locations attract high-value investments.</p>



<p>Also Read: <a href="https://squarefeatindia.com/tag/homes-delayed-in-mmr/">homes delayed in MMR</a></p>
<p>The post <a href="https://squarefeatindia.com/mumbai-mmr-housing-boom-sales-value-soars-11-transactions-surge-5-in-q4-2024/">Mumbai MMR Housing Boom: Sales Value Soars 11%, Transactions Surge 5% in Q4 2024</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>25,000 Homes to be Completed by 2027 Along Dwarka Expressway</title>
		<link>https://squarefeatindia.com/25000-homes-to-be-completed-by-2027-along-dwarka-expressway/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Mon, 10 Mar 2025 08:01:38 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[branded residences]]></category>
		<category><![CDATA[Delhi NCR property market]]></category>
		<category><![CDATA[Dwarka Expressway]]></category>
		<category><![CDATA[gurugram real estate]]></category>
		<category><![CDATA[Homebuyers]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[Luxury housing]]></category>
		<category><![CDATA[NCR real estate]]></category>
		<category><![CDATA[premium homes]]></category>
		<category><![CDATA[property investment]]></category>
		<category><![CDATA[Real Estate Growth]]></category>
		<category><![CDATA[real estate trends]]></category>
		<category><![CDATA[residential projects]]></category>
		<category><![CDATA[Westin Residences]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=8776</guid>

					<description><![CDATA[<p>The Dwarka Expressway is rapidly transforming into a premier real estate hub, with 25,000 housing units set for completion by 2027. Enhanced connectivity, high-end residential projects, and rising property values are attracting homebuyers and investors alike. With the launch of luxury apartments, branded residences, and world-class amenities, the expressway is redefining Gurugram’s real estate landscape.</p>
<p>The post <a href="https://squarefeatindia.com/25000-homes-to-be-completed-by-2027-along-dwarka-expressway/">25,000 Homes to be Completed by 2027 Along Dwarka Expressway</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>The <strong>Dwarka Expressway</strong>, one of the most anticipated infrastructure projects in the National Capital Region (NCR), is set to witness a massive residential boom, with <strong>25,000 housing units</strong> expected to be completed by <strong>2027</strong>. This surge in real estate development is poised to redefine <strong>Gurugram’s luxury housing market</strong>, attracting both homebuyers and investors.</p>



<p>According to a recent report by <strong>Square Yards</strong>, Gurugram’s <strong>Sohna region and Dwarka Expressway</strong> will see the completion of nearly <strong>41,000 residential units</strong> between <strong>2025 and 2027</strong>, with a major chunk—<strong>25,000 units</strong>—delivered along the <strong>Dwarka Expressway corridor</strong>. This rapid expansion is driven by improved <strong>connectivity, premium infrastructure, and high demand for luxury housing</strong>.</p>



<h3 class="wp-block-heading"><strong>A Prime Real Estate Destination</strong></h3>



<p>The <strong>Dwarka Expressway</strong> has emerged as a key real estate hub due to its <strong>seamless connectivity</strong> between <strong>Delhi, Gurugram, and Indira Gandhi International Airport</strong>. Major developers are capitalizing on this advantage by launching <strong>high-end residential projects</strong>, including <strong>luxury apartments, villas, and penthouses</strong> equipped with world-class amenities.</p>



<p><em>&#8220;The Dwarka Expressway isn&#8217;t just another location—it&#8217;s a premium lifestyle destination,&#8221;</em> said <strong>Varun Sharma, Founder and Managing Director of MVN Infrastructure</strong>. <em>&#8220;With property values appreciating by over 20% in just six months, this corridor is now one of the most lucrative real estate markets in the country.&#8221;</em></p>



<h3 class="wp-block-heading"><strong>Luxury Housing &amp; Branded Residences on the Rise</strong></h3>



<p>To cater to the growing demand for <strong>upscale living</strong>, leading developers have announced premium projects featuring <strong>landscaped gardens, swimming pools, clubhouses, and advanced security systems</strong>. In a significant development, <strong>Whiteland Corporation</strong> has partnered with <strong>Marriott International</strong> to bring <strong>Westin Residences</strong> to Gurugram—the first standalone <strong>Westin-branded</strong> residential project in India.</p>



<p><em>&#8220;With Westin Residences Gurugram, we are bringing world-class wellness, personalized services, and resort-like living to homeowners,&#8221;</em> said <strong>Sudeep Bhatt, Director Strategy at Whiteland Corporation</strong>.</p>



<h3 class="wp-block-heading"><strong>Growing Investment &amp; Future Prospects</strong></h3>



<p>The <strong>real estate market in India</strong> is on an upward trajectory, expected to reach <strong>$1 trillion by 2030</strong>. With <strong>massive infrastructure projects</strong>, <strong>strategic commercial expansion</strong>, and <strong>rising investor confidence</strong>, the <strong>Dwarka Expressway corridor</strong> is set to be a game-changer for the NCR housing market.</p>



<p>Industry experts believe that the <strong>timely completion of these 25,000 homes</strong> will further solidify the <strong>Dwarka Expressway’s status as a premier real estate hotspot</strong>, offering a blend of <strong>luxury, convenience, and high returns on investment</strong>.</p>



<p>Also Read: <a href="https://squarefeatindia.com/dwarka-expressway-property-prices-surge-by-15-86-since-inauguration/">Dwarka Expressway Property Prices Surge by 15.86% Since Inauguration</a></p>
<p>The post <a href="https://squarefeatindia.com/25000-homes-to-be-completed-by-2027-along-dwarka-expressway/">25,000 Homes to be Completed by 2027 Along Dwarka Expressway</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Maharashtra Government Revises Urban Tribal Settlement Improvement Scheme</title>
		<link>https://squarefeatindia.com/maharashtra-government-revises-urban-tribal-settlement-improvement-scheme/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Fri, 07 Mar 2025 07:00:32 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Government Schemes]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[Maharashtra Government]]></category>
		<category><![CDATA[Maharashtra housing]]></category>
		<category><![CDATA[municipal corporations]]></category>
		<category><![CDATA[Nagari Adivasi Vasti Sudharana Yojana]]></category>
		<category><![CDATA[Tribal development]]></category>
		<category><![CDATA[tribal welfare]]></category>
		<category><![CDATA[urban development]]></category>
		<category><![CDATA[urban tribal settlements]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=8758</guid>

					<description><![CDATA[<p>The Maharashtra government has revised the Nagari Adivasi Vasti Sudharana Yojana, removing the ₹25 lakh funding cap for urban tribal settlements. Now, financial assistance will be based on project quality and municipal requirements, with approvals granted by the state government. The scheme aims to improve infrastructure and living conditions for tribal communities across Maharashtra.</p>
<p>The post <a href="https://squarefeatindia.com/maharashtra-government-revises-urban-tribal-settlement-improvement-scheme/">Maharashtra Government Revises Urban Tribal Settlement Improvement Scheme</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>The Maharashtra government has announced revisions to the <strong>&#8220;Nagari Adivasi Vasti Sudharana Yojana&#8221; (Urban Tribal Settlement Improvement Scheme)</strong> to enhance the living conditions of tribal communities in urban areas. A Government Resolution (GR) issued by the <strong>Urban Development Department</strong> has removed the previous <strong>₹25 lakh financial assistance cap</strong> for projects under the scheme. Now, funding will be <strong>determined based on the quality of proposals and specific needs of municipal corporations</strong>, with final approvals given by the state government.</p>



<h2 class="wp-block-heading"><strong>Key Highlights of the Revised Scheme</strong></h2>



<h3 class="wp-block-heading"><strong>1. Removal of ₹25 Lakh Funding Cap</strong></h3>



<ul class="wp-block-list">
<li>The earlier limit of <strong>₹25 lakh per project</strong> has been scrapped.</li>



<li>Funding for infrastructure improvements will now be based on <strong>project quality and necessity</strong>.</li>



<li>Municipal corporations must seek <strong>state approval</strong> for project funding.</li>
</ul>



<h3 class="wp-block-heading"><strong>2. Focus on Tribal Settlements</strong></h3>



<ul class="wp-block-list">
<li>The scheme is specifically designed for <strong>urban tribal communities</strong>.</li>



<li>It will improve <strong>basic amenities such as roads, sanitation, water supply, and drainage</strong> in these settlements.</li>



<li>The <strong>Tribal Development Department</strong> will oversee funding allocation.</li>
</ul>



<h3 class="wp-block-heading"><strong>3. Implementation and Oversight</strong></h3>



<ul class="wp-block-list">
<li>Municipal corporations must submit <strong>detailed project proposals</strong> for state government approval.</li>



<li>The <strong>Maharashtra government website</strong> will provide updates and funding details.</li>



<li>The <strong>Urban Development Department</strong> will coordinate with the <strong>Tribal Development Department</strong> for project execution.</li>
</ul>



<h2 class="wp-block-heading"><strong>Conclusion</strong></h2>



<p>The revised <strong>Nagari Adivasi Vasti Sudharana Yojana</strong> is expected to accelerate the <strong>modernization of tribal settlements</strong> in urban areas. By removing the funding cap and focusing on <strong>project-specific needs</strong>, the government aims to ensure <strong>better infrastructure and living conditions</strong> for Maharashtra’s tribal communities.</p>



<p>For further details, visit <strong><a href="http://www.maharashtra.gov.in">www.maharashtra.gov.in</a></strong>.</p>



<p>Also Read: <a href="https://squarefeatindia.com/urban-development-ministry-unveils-updated-guidelines-for-green-building-certifications/">Urban Development Ministry Unveils Updated Guidelines for Green Building Certifications</a></p>
<p>The post <a href="https://squarefeatindia.com/maharashtra-government-revises-urban-tribal-settlement-improvement-scheme/">Maharashtra Government Revises Urban Tribal Settlement Improvement Scheme</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Emerging Tier II-III Cities Drive India’s Warehousing Growth with 100 Million Sq. Ft. Contribution</title>
		<link>https://squarefeatindia.com/emerging-tier-ii-iii-cities-drive-indias-warehousing-growth-with-100-million-sq-ft-contribution/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Fri, 14 Feb 2025 10:19:19 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[e-commerce logistics]]></category>
		<category><![CDATA[GST impact]]></category>
		<category><![CDATA[hub-and-spoke model]]></category>
		<category><![CDATA[India warehousing]]></category>
		<category><![CDATA[industrial real estate]]></category>
		<category><![CDATA[infrastructure development]]></category>
		<category><![CDATA[investment opportunities]]></category>
		<category><![CDATA[JLL India]]></category>
		<category><![CDATA[last-mile delivery]]></category>
		<category><![CDATA[logistics growth]]></category>
		<category><![CDATA[logistics sector]]></category>
		<category><![CDATA[supply chain]]></category>
		<category><![CDATA[Tier II-III cities]]></category>
		<category><![CDATA[warehouse expansion]]></category>
		<category><![CDATA[warehousing market]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=8661</guid>

					<description><![CDATA[<p>India's warehousing sector is witnessing rapid growth, with Tier II-III cities contributing 100 million sq. ft. in 2024. This expansion, driven by e-commerce demand and infrastructure development, is reshaping India's logistics landscape. Government initiatives and the hub-and-spoke model are enhancing last-mile delivery capabilities, creating new investment opportunities in the sector.</p>
<p>The post <a href="https://squarefeatindia.com/emerging-tier-ii-iii-cities-drive-indias-warehousing-growth-with-100-million-sq-ft-contribution/">Emerging Tier II-III Cities Drive India’s Warehousing Growth with 100 Million Sq. Ft. Contribution</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p>India&#8217;s warehousing sector is witnessing unprecedented growth, with Tier II-III cities emerging as major contributors. As of 2024, the country&#8217;s total warehousing stock has surged to 533 million sq. ft., with 12 emerging Tier II-III cities accounting for approximately 100 million sq. ft., representing 18.7% of the total stock. This shift underscores a growing reliance on the hub-and-spoke model, enhancing last-mile delivery capabilities and strengthening India&#8217;s logistics framework.</p>



<p>According to JLL India, the nation’s combined warehouse absorption across 20 major markets hit an all-time high of 60 million sq. ft. in 2024. Notably, Grade A spaces constitute around 30% of the total inventory in these emerging Tier II-III cities.</p>



<h3 class="wp-block-heading"><strong>Tier II-III Cities Leading the Charge</strong></h3>



<p>The expansion of the warehousing market in emerging cities is driven by several factors, including the surge in e-commerce, rising demand for fulfillment centers, and infrastructure development. As companies seek to reduce logistics costs and enhance delivery speed, they are increasingly establishing warehouses in these cities.</p>



<p>Key data from JLL India’s report highlights the warehousing stock distribution and growth in Tier I and Tier II-III cities:</p>



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Category</th><th>Stock (million sq. ft.)</th><th>Absorption (million sq. ft.)</th><th>Avg. Grade A Rent (INR/sq. ft./month)</th><th>Avg. Grade B Rent (INR/sq. ft./month)</th></tr></thead><tbody><tr><td>Top 8 Tier I Cities</td><td>438</td><td>51</td><td>24.8</td><td>20.5</td></tr><tr><td>Emerging 12 Tier II-III Cities</td><td>95</td><td>9</td><td>22.0</td><td>17.5</td></tr></tbody></table></figure>



<h3 class="wp-block-heading"><strong>Regional Growth Trends</strong></h3>



<p>The report categorizes growth trends in emerging warehousing cities across India:</p>



<h4 class="wp-block-heading"><strong>East India</strong></h4>



<ul class="wp-block-list">
<li>Total Stock: 22.8 million sq. ft. (6x growth since 2017)</li>



<li>Key Markets: Bhubaneswar-Cuttack (5.6 million sq. ft.), Guwahati (8.0 million sq. ft.), Patna (9.2 million sq. ft.)</li>
</ul>



<h4 class="wp-block-heading"><strong>North India</strong></h4>



<ul class="wp-block-list">
<li>Total Stock: 35.6 million sq. ft. (4x growth since 2017)</li>



<li>Key Markets: Chandigarh-Rajpura (14.1 million sq. ft.), Jaipur (6.0 million sq. ft.), Lucknow (8.5 million sq. ft.), Ludhiana (7.0 million sq. ft.)</li>
</ul>



<h4 class="wp-block-heading"><strong>South India</strong></h4>



<ul class="wp-block-list">
<li>Total Stock: 15.2 million sq. ft. (3x growth since 2017)</li>



<li>Key Markets: Coimbatore (6.6 million sq. ft.), Kochi (8.6 million sq. ft.)</li>
</ul>



<h4 class="wp-block-heading"><strong>West India</strong></h4>



<ul class="wp-block-list">
<li>Total Stock: 21.2 million sq. ft. (3x growth since 2017)</li>



<li>Key Markets: Goa (6.7 million sq. ft.), Nagpur (13.0 million sq. ft.), Nashik (1.5 million sq. ft.)</li>
</ul>



<h3 class="wp-block-heading"><strong>Industry Experts Weigh In</strong></h3>



<p>Yogesh Shevade, Head – Logistics &amp; Industrial, India, JLL, emphasized the rapid growth of the warehousing sector in emerging cities. “Since the implementation of GST, the Indian warehousing market has expanded significantly in major cities. Now, the hub-and-spoke model is playing a critical role in spreading this growth to Tier II-III cities. In 2024, these cities accounted for nearly 100 million sq. ft. of stock, marking a fourfold increase since 2017. We anticipate continued expansion, fueled by infrastructure initiatives connecting these cities to major consumption hubs. This transformation is creating new investment opportunities for both investors and developers.”</p>



<h3 class="wp-block-heading"><strong>Government Initiatives Fueling Growth</strong></h3>



<p>The expansion of warehousing in emerging cities is strongly supported by government initiatives such as PM Gati Shakti, Bharatmala, Sagarmala, and the UDAN Scheme. These programs are optimizing distribution networks and improving connectivity. Additionally, policies like Make in India, Digital India, and the National Logistics Policy are fostering a robust manufacturing ecosystem. Production-Linked Incentives (PLI) and Design-Linked Incentives (DLI) schemes are also encouraging companies to set up manufacturing units in these cities, further driving the need for high-quality warehousing infrastructure.</p>



<h3 class="wp-block-heading"><strong>JLL’s Report Launched at LogiMAT India 2025</strong></h3>



<p>The findings were unveiled in &#8220;The Shifting Landscape of Warehouse Markets Report,&#8221; presented by JLL at LogiMAT India 2025 in Mumbai. The event, held at the Bombay Exhibition Centre, saw participation from key industry leaders, including Dr. P. Anbalagan (IAS), Secretary of the Industries Department, Government of Maharashtra, and Aditya Gupta, CEO of Messe Stuttgart India.</p>



<p>Aditya Gupta remarked, “This report by JLL aims to bridge the gap in India&#8217;s logistics and warehousing sector by highlighting the growing prominence of Tier II-III cities as new warehousing hubs. I believe this report will inspire discussions and strategic collaborations that will drive the industry forward.”</p>



<h3 class="wp-block-heading"><strong>Conclusion</strong></h3>



<p>The rise of Tier II-III cities as warehousing hubs is redefining India&#8217;s logistics landscape. As businesses optimize their supply chains and enhance delivery efficiencies, the sector is poised for sustained growth. With continued investments in infrastructure and policy support, these cities are set to play a crucial role in the future of warehousing in India.</p>



<p>Also Read: <a href="https://squarefeatindia.com/indias-tallest-warehouse/">India’s tallest warehouse</a></p>
<p>The post <a href="https://squarefeatindia.com/emerging-tier-ii-iii-cities-drive-indias-warehousing-growth-with-100-million-sq-ft-contribution/">Emerging Tier II-III Cities Drive India’s Warehousing Growth with 100 Million Sq. Ft. Contribution</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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