A report by Knight Frank India said home-purchasing costs increased 5.9 percent year-on-year during the third quarter of 2023, the second-highest in Asia.
The company said it has signed three term sheets with Grade A developers in Bengaluru, Chennai, and Hyderabad and expects to close the first transaction within two weeks.
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Saya South X, with a combined leasing area of 6.75 lakh sq ft, will house 818 stores. Out of the total area, 4.25. lakh sq ft is meant for retail, and 2.5 lakh sq ft for studio apartments.