Experion Developers to expand its portfolio with $350 mn investment

14 Dec 2021 CW Team

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

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..