real
Real estate is the second largest employment generating sector.
Development of a 100-storied tower in Hyderabad.
45 acre IT special economic zone in Navi Mumbai.
Real Estate Development for a New India
The real estate sector is second only to agriculture in terms of employment generation and is a major contributor in the gross domestic product (GDP). According to industry players, housing accounts for 4.5% of gross domestic product (GDP) with urban housing accounting for 3.13%. Moreover, the real estate sector is also responsible for the development of over 250 ancillary industries such as cement, steel, paints, etc.
Contributing to the nation’s prosperity
Project in Hyderabad
RInfra has been awarded the Hyderabad Trade Tower and Business District Project by Andhra Pradesh Industrial Investment Corporation (APIIC) through competitive bidding. The project entails development of a 100-storied tower along with other commercial developments on a 76 acre plot in western Hyderabad on the upcoming outer ring road.
Project in Navi Mumbai
We are also developing a 45 acre IT special economic zone, through a subsidiary as a part of its Dhirubhai Ambani Knowledge City campus at Navi Mumbai. The development would have around 4 million sq.feet of office space along with a 4 star hotel. Various permissions from MIDC as well as the final SEZ approval from the Ministry of Commerce of GOI have been obtained.We also have a number of other real estate and SEZ projects in various stages of bidding / negotiation / planning with over 400 million sq.feet of mixed use built up potential including Jaipur Ring Road and township, Noida Multiproduct SEZ, etc.