1.UP Govt signs agreement with Zurich AG

The Noida International Airport and Zurich Airport International AG on October 7, 2020, signed a concession agreement that would allow the Switzerland headquartered company to build and operate the Noida International Airport at Jewar for 40 years.

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2.Mapletree buys land for Rs 5.25 bn in Mumbai

Mapletree investments of Singapore bought land for Rs 5.25 billion in the Vikhroli area of Mumbai. This can be earmarked as one of the biggest land deals in the country this year.

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3.PLI Scheme draws ₹ 11.5 trillion FDI

India’s PLI scheme has attracted Rs 11.5 trillion FDI for manufacturing in India.

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4.Resetting the Infra Model

The need to attract investment into the states has never been greater.

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5.CBRE provides services across 100 cities

CBRE recently crossed the milestone of providing services across 100 cities in India.

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6.Embassy REIT raises Rs 7.5 bn through NCDs

This fund is the second one to be raised through the NCD route.

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7.GIC expected to invest about Rs 7.50 bn out of the targeted corpus of Rs 22.50 bn.

The Government of Singapore Investment Corporation is in the final round of talks with ESR to invest in their second India focused logistics funds. ESR Cayman is a logistics real estate platform backed by a private equity firm Warburg Pincus. GIC is expected to invest approximately Rs 7.50 billion out of the targeted corpus of Rs 22.50 billion, as reported earlier.

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8.Residential project launches back on track

Numerous developers have decided to launch projects in the upcoming quarters.

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9.Reinstating focus on India’s real estate

Indian real estate has ranked 34th on JLL’s GRETI.

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10.How are contractors working towards revival post-COVID?

CW speaks to construction contractors to understand their challenges and expectations.

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