The company is also exploring the markets of Bangalore, Nashik, Panvel, Thane and Pune among other cities for the same.
Disappointed with the RBI decision of not reducing policy rates, carmakers and real estate players today said the sectors, which are already reeling under a slump, will continue to suffer due to the high interest rate regime.
Hiranandani Constructions' Managing Director Niranjan Hiranandani feels a 10-15 per cent hike is likely this year in residential properties.
Farmers too will get better deals
Nearly 40 developers participating in HDFC Indian Homes Fair in London would showcase thousands of property.
Discounts could be luring but onus of due diligence is always on buyer
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
Renowned realtors are shying away from the private equity (PE) route to raise funds.
Raghavendra Kamath reports on what ails India's real estate sector.
Big Mumbai developers' inventory at Rs 53.4 crore.
Real estate biggies expcet single window clearance for upcoming projects.