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RMZ Plans $10 Billion Investment in Andhra Pradesh Over 5-6 Years

NEW DELHI: RMZ has reached an agreement with the government of Andhra Pradesh for an investment of around USD 10 billion into mixed-use, digital, and industrial infrastructure across the state over the next five to six years. The collaboration was revealed at the World Economic Forum Annual Meeting 2026 in Davos. As part of this partnership, RMZ will establish a Global Capability Center at the Kapuluppada Phase-1 IT Park in Visakhapatnam, with a potential built-up area of up to 10 million sq ft over roughly 50 acres. Furthermore, a hyperscale data center cluster is planned for the Visakhapatnam area, aiming…

Mohali Industrial Plot Price Drops from ₹8.5 Cr to ₹4.5 Cr in 4 Months

MOHALI: Industrial land prices in Mohali’s Phase 8-B have experienced a significant drop, with a 500 square yard plot being sold for Rs 4.5 crore in the recent Punjab Small Industries and Export Corporation (PSIEC) auction that concluded late Tuesday. This price is almost half of the Rs 8.5 crore achieved for the same plot size during the auction in June of this year, indicating a shift in buyer sentiment and increased availability of industrial land. The PSIEC auction included 26 plots of 500 sq yards each, offered on a 99-year leasehold basis. Participation in this round was steady but…

County Group Buys 5 Acres in Noida’s Sector 151 for ₹473 Cr

NEW DELHI: The NCR-based County Group has acquired a five-acre land parcel in Sector 151, Noida, for approximately ₹473 crore. This land was obtained through an auction organized by the state government. The company intends to develop a low-density project featuring only 226 residential units, distributed across three apartment sizes, totaling an area of 1.1 million sq ft. Published On Nov 24, 2025 at 12:00 PM IST Join over 2M industry professionals. Subscribe to our newsletter for the latest insights & analysis delivered to your inbox. Get all the ETRealty industry updates right on your smartphone!