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India: Five Largest Parking Facilities Construction Projects Started in Q1 2022

  • With a project value of $878 million, the RMZ – The Vault Gachibowli Office Complex – Hyderabad project was the largest Parking Facilities construction project in India on which construction started in Q1 2022. The RMZ – The Vault Gachibowli Office Complex – Hyderabad project is located in India and initially announced in Q4 2021 with an estimated completion in Q4 2026. The L&T – REJUVE 360 Mulund Residential Community – Mumbai project was the second-largest project with a project value of $800 million, on which construction work started in Q1 2022. The L&T – REJUVE 360 Mulund Residential Community – Mumbai project is located in India and initially announced in Q3 2021 with an estimated completion in Q4 2025.

  • The ACEPL – Aparna Zenon Residential Complex – Telangana project was the third-largest project, the PG – Praneeth KKR's Pranav Jaitra Residential complex – Telangana was the fourth-largest project, and the RCA – Chonp Stadium Development – Rajasthan was the fifth-largest project with a project value of $336 million, $120 million and $83 million respectively. The ACEPL – Aparna Zenon Residential Complex – Telangana project located in India was announced in Q3 2021 with an estimated completion in Q4 2027, the PG – Praneeth KKR's Pranav Jaitra Residential complex – Telangana project located in India was announced in Q2 2021 with an estimated completion in Q4 2027 and the RCA – Chonp Stadium Development – Rajasthan project located in India was announced in Q4 2011 with an estimated completion in Q1 2025.

  • Among the five largest projects, the ACEPL – Aparna Zenon Residential Complex – Telangana project is the longest in terms of completion date, with construction expected to be completed in Q4 2027. On the other hand, the RCA – Chonp Stadium Development – Rajasthan project is the shortest in terms of completion date, with construction expected to be completed in Q1 2025.

India: Five Largest Parking Facilities Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData



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