Godrej Fund Management (“GFM”), the real estate private equity arm of the Godrej Group, has announced the second and final close of its US$ 450 million office development platform. Across Godrej Build to Core-I (“GBTC-I”) and the existing core fund, GFM can now invest in or develop office assets worth over US$ 1 billion in value.
Katerra, a leading design and technology driven global construction company, broke ground on its first fully integrated off-site manufacturing plant at Hyderabad recently. Projected to get completed by March 2020, the factory will deliver 8 million sq ft of building components every year through robotic assembly line production.
In a report released by JLL it is estimated that close to Rs 45,000 crore will be invested in creating storage facilities across India from 2018-2020. In these three years, different categories of warehousing will also create jobs to the tune of 200,000 at different levels of specifications and specialisations.