Actis, a London-based sustainable infrastructure investor, and Mahindra Lifespaces, the real estate and infrastructure development arm of the Mahindra Group, have formed a joint venture to build 16-17 million square feet of industrial and logistics facilities in India.

With 'Green Estates by Mahindra', Mahindra Lifespace Developers (MLDL) is making progress in projected development for the second time this fiscal year. This 27-acre project in Mahindra World City will combine nature's tranquilly with contemporary facilities to provide a unique living experience.

The Indian real estate giant Ashiana Housing Ltd. is planning a major expansion. The business wants to spend Rs 700 crore in two luxury home projects in Jaipur and two senior living projects in Chennai.