Tag: real estate developer

Bengaluru-based real estate firm Vaishnavi Group plans to allocate ₹1,850 crore over the next four years to develop its commercial division. The move comes in response to the surge in demand for commercial real estate within the city, according to a top company executive.Until five years ago, the developer’s focus was primarily on residential projects, occasionally venturing into the commercial segment. However, in 2015-16, there was a significant increase in the demand for commercial real estate, leading to this shift in strategy, Darshan Govindaraju, the company director, told...