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May 23, 2022updated 27 Jul 2022 5:11pm

Top five multi-family housing construction projects that commenced in India in Q1 2022

By Carmen

Here are the top five multi-family housing construction projects that commenced in India in Q1 2022, according to GlobalData’s construction projects database.

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1. REJUVE 360 Mulund Residential Community – $800m

The project involves the construction of five, 57-story high residential towers on 2.8ha of land. in Mumbai, Maharashtra.

Construction work started in Q1 2022 and is expected to be completed in Q4 2025.

The project aims to cater to the ever-growing demand for residential units in Mumbai and to enhance the residential space in the city.

2. Dombivli Runwal MyCity Township – $500m

The project involves the construction of a residential township spread across 63.13ha of land, in Dombivili East, Mumbai, Maharashtra.

Construction work commenced in Q1 2022 and is expected to finish in Q2 2027.

The project aims to provide better and lavish residential facilities in the region.

3. Sarjapur Smart Residential Community – $400m

The project involves the construction of seven, 29-story residential towers on 72.80ha of land in Bengaluru, Karnataka.

Construction work started in Q1 2022 and is forecast to complete in Q1 2025.

The main aim of the project is to provide better residential facilities to the people in the region.

4. Aparna Zenon Residential Complex – $336m

The project involves the construction of 14, 33-story residential towers with 3,664 luxurious units on 2.14 ha of land in Hyderabad, Telangana.

Construction work commenced in Q1 2022 and is expected to be completed in Q4 2027.

The project aims to provide luxurious residential facilities in this region.

5. Praneeth KKR’s Pranav Jaitra Residential complex – $120m

The project involves the construction of a residential complex comprising of six, 14-story residential towers on 2ha of land at Hyderanagar, in Hyderabad, Telangana.

Construction work started in Q1 2022 and is expected to be completed in Q4 2027.

The project aims to provide better residential facilities, with luxury apartments.

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

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