According to GlobalData, the value of India construction market is forecast to grow by 5.2% in real terms in 2024, having grown by 6.6% in 2023. A key growth market will be the infrastructure market, with output rising by 6.1% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five multi-family housing construction projects that commenced in India in Q3 2024, according to GlobalData’s construction projects database.
Smarter leaders trust GlobalData
1. Smartworld The Edition
The project includes the construction of 278,709m2, three-twin towers, 43-story, residential complex comprising 900 units on 4.04ha of land in Gurgaon, Haryana.
Construction work started in Q3 2024 and is expected to be completed in Q1 2031.
2. Vamsiram Manhattan Residential Complex
The project involves the construction of a 549,510.98m2 high, eight 47-story residential towers comprising 978 apartments on a 5.69ha area in Hyderabad, Telangana.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2029.
3. Mana Jardin Neo Residential Complex
The project involves the construction of two, 21-story residential residential towers comprising 80 units on 0.97ha of land in Kodathi, Bengaluru, Karnataka.
Construction work started in Q3 2024 and is forecast to complete in Q4 2032.
4. Godrej Emerald Waters Residential Complex
The project involves the construction of a residential complex on 3.60ha of land in Pune, Maharashtra.
Construction work commenced in Q3 2024 and is expected to be completed in Q1 2028.
5. Anvita High 9
The project involves the construction of a residential community comprising 12 residential towers with 2,940 units in Kollur, Medak district of Telangana.
Construction work started in Q3 2024 and is expected to be completed in Q4 2027.
For more details on the latest construction projects, buy the profiles here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
