+
Experion Developers to expand its portfolio with $350 mn investment
SMART CITIES

Experion Developers to expand its portfolio with $350 mn investment

According to the official sources, Experion Developers has planned an investment of $350 million in 30 months to expand its commercial and residential portfolio in India. The company wants to make its presence in Lucknow, Gurugram and Amritsar as well as Bengaluru, Pune, Hyderabad and Mumbai markets.

Chief Executive and Board member of Experion Developers, B K Malagi, told the media that the company wants its presence in all major metro cities and is already in discussion to initiate a project there.

The Indian arm of Experion Developers, a realty investment arm of $2.5 billion, AT Holdings, has focused on Lucknow and Gurugram.

The company also plans development in its 100 acre land bank in Amritsar.

Malagi said around 70-80% would be residential development and 3.5 lakh sq ft of commercial development. There is more interest in plotted development rather than luxury housing.

The company is developing townships, group-housing projects, commercial projects, retail destinations, hotels and resorts in Andhra Pradesh, Delhi, Goa, Haryana, Maharashtra, Tamil Nadu, Punjab and Uttar Pradesh.

Experion Developers also plans investment of $300 million in student housing as the demand for co-living has recovered after the Covid-19 pandemic disruptions.

It is in talks with universities for partnerships in building and operating student housing facilities within the campus.

According to Real Insight, housing sales in India improved during the third quarter (Q3) of FY21 after the demand for residentials increased post-second wave of the Covid-19 pandemic.

Overall, 55,907 new housings were sold between July to September, with an increase of 59%, compared to 2020 during the same period.

Home sales have shown 250% growth, with 15,968 housing units sold during April to June in the second quarter (Q2) of FY21.

Image Source

Also read: Experion Developers to pump $300 mn for student housing market

According to the official sources, Experion Developers has planned an investment of $350 million in 30 months to expand its commercial and residential portfolio in India. The company wants to make its presence in Lucknow, Gurugram and Amritsar as well as Bengaluru, Pune, Hyderabad and Mumbai markets. Chief Executive and Board member of Experion Developers, B K Malagi, told the media that the company wants its presence in all major metro cities and is already in discussion to initiate a project there. The Indian arm of Experion Developers, a realty investment arm of $2.5 billion, AT Holdings, has focused on Lucknow and Gurugram. The company also plans development in its 100 acre land bank in Amritsar. Malagi said around 70-80% would be residential development and 3.5 lakh sq ft of commercial development. There is more interest in plotted development rather than luxury housing. The company is developing townships, group-housing projects, commercial projects, retail destinations, hotels and resorts in Andhra Pradesh, Delhi, Goa, Haryana, Maharashtra, Tamil Nadu, Punjab and Uttar Pradesh. Experion Developers also plans investment of $300 million in student housing as the demand for co-living has recovered after the Covid-19 pandemic disruptions. It is in talks with universities for partnerships in building and operating student housing facilities within the campus. According to Real Insight, housing sales in India improved during the third quarter (Q3) of FY21 after the demand for residentials increased post-second wave of the Covid-19 pandemic. Overall, 55,907 new housings were sold between July to September, with an increase of 59%, compared to 2020 during the same period. Home sales have shown 250% growth, with 15,968 housing units sold during April to June in the second quarter (Q2) of FY21. Image Source Also read: Experion Developers to pump $300 mn for student housing market

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?