Dallas Project Anchors Growth for Hyderabad Real Estate Firm

A Hyderabad based Real Estate Developer has announced an entry into the Housing market of United States marking a significant milestone in India’s mid-sized developers’ growth in international markets.

The Developer has recently opened 17 Acre Residential Community Development Project located in Dallas Texas and hasr also established an International Corporate Office in Dallas, Texas as evidence of commitment to the US Market.

Key Highlights

• Developer enters U.S. market with a 17-acre Dallas project.
• Plans for a 500-acre Texas villa development and Dubai project.
• Workforce to grow to 1,000 employees, creating 15,000 indirect jobs.

This expansion will be part of a continuing effort to diversify revenue streams and capture growing demand from the Indian Diaspora as well as to continue to grow presence in the US by developing a 500-acre master planned villa development with 1,700 homes in Texas. In addition, the Developer also plans to launch new project in Dubai later this year.

The Developer is headquartered in Hyderabad and has been managing over 10 million square feet of development projects throughout India and servicing over 1,800 customers to date, and in the past has participated in several development projects in Dubai, representing the linkage of Indian Real Estate and Gulf Real Estate Markets.

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The Developer’s International Expansion Strategy will also add an additional 1,000 employees to their workforce over the next three years illustrate India’s increasing representation in the global real estate market.

Experts see opportunities outside of India as having the potential for providing a level of resilience, but that long term success will rely on being able to navigate through and be compliant with an extremely challenging regulatory process and be sustainable.