It also expects to get its REIT listed on the Singapore stock exchange next year.
Delayed clearances for coal blocks, as well as companies' own failure in developing mines, appear to have had a financial implication of Rs 1.46 lakh crore (Rs 1.46 trillion) for the country.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
Indian manufacturers are concerned about losing market share to Chinese makers.
The run-up to next year's general elections might see some of the top executives of government-run companies getting unlucky. And, the period could become the best in the lives of those waiting in the wings.
Both the South cities have also beaten the NCR in the number of new launches.
Across the country, residential projects offering deals have risen 45-50 per cent in the run-up to the festive season and may double further by Diwali and the year-end as realtors attempt to clear piled-up inventory.
Experts say in the serviced apartments space, developers, primarily from the hospitality sector, are targeting non-resident Indians, expatriates and now, even domestic investors.
The deal for 800,000-square foot plot in Gurgaon's Infospace Tikri SEZ is likely to improve real estate absorption rate, which has seen some upside recently.
Likely to seek FIPB approval to raise holding; deal could bring FDI of about $696 mn.
The real estate subvention scheme or 80-20 home buying plan, recently banned by the Reserve Bank of India, is now being replaced by other offers to attract buyers.
Some major property companies based in South India, such as Puravankara and Sobha Developers, are spreading their wings in the high-growth National Capital Region market.
Imported components account for up to 30% of the firm's total production cost.
Likely to set the ball rolling for Rs 1.72-lakh-cr projects today
At a time when buyers are complaining about developers not sticking to delivery schedules and delays stretching for three-four years, these technologies have come as a boon.
Nondescript Bhiwani and Mahendragarh in Haryana, recently named part of the NCR, are likely to see developers queueing up soon and investors betting big on the new hubs.
The good news is that within the first 14 months, orders for manufacturing and commissioning of the entire 88,537 Mw capacity for the 12th Plan have been placed, according to the Central Electricity Authority, the country's apex power planning body.
Tata, Adani, Lanco to be hit as Indonesia may ban export of low-grade coal
The year so far has witnessed several luxury project launches by major real estate companies such as DLF, Unitech, Supertech, Tata Housing and Godrej Properties.