Beyond Skyscrapers: How Mixed-Use Developments Are Changing India’s Real Estate Game

Beyond Skyscrapers: How Mixed-Use Developments Are Changing India’s Real Estate Game

By Mr. Gaurav Shetty, Managing Director, MRG Group

Published on April 18, 2025

India’s urban landscape is evolving at an unprecedented pace, and at the heart of this transformation is the rise of smart mixed-use developments. These integrated communities seamlessly blend residential, commercial, retail, hospitality, and entertainment spaces into a single, self-sufficient ecosystem.

As metropolitan areas continue to grapple with challenges like traffic congestion, pollution, and overstretched infrastructure, the demand for well-planned, all-inclusive townships is soaring. No longer just about luxury, these developments offer efficiency, convenience, and a modern urban lifestyle that aligns with India’s rapid economic and technological growth.

This shift is not merely a real estate trend - it represents the future of urban living.

Why Mixed-Use Townships are gaining popularity

1. The ‘15-Minute City’ Becomes a Reality

The 15-minute city is an urban planning concept that ensures all essential services - workplaces, schools, healthcare, shopping, and hotels - are accessible within a 15-minute commute.

Smart mixed-use developments bring this vision to life by reducing travel time, cutting down pollution, and enhancing the quality of life for residents. With everything within walking distance or a short commute, these townships minimize reliance on personal vehicles, making cities more liveable and sustainable.

2. A Magnet for Investors

For real estate investors, mixed-use developments have emerged as highly lucrative assets. These townships drive higher rental yields, faster property appreciation, and stable long-term value.

Cities like Bangalore, Hyderabad, Pune, Chennai, and Mangalore are witnessing surging demand for integrated communities. The reason? A well-balanced mix of residential, commercial, and retail spaces enhances property value, making it a future-proof investment.

Additionally, businesses are increasingly choosing these hubs for office spaces due to their proximity to skilled talent, strong infrastructure, and premium facilities.

3. Changing Lifestyles in a Post-Pandemic World

The pandemic accelerated the need for self-sufficient communities where safety, convenience, and accessibility are paramount. With work-from-home and hybrid models becoming the norm, professionals now prioritize live-work-play environments that minimize daily hassles.

Mixed-use townships cater perfectly to this shift with:

·        In-house workspaces and co-working zones

·        Wellness and fitness centers for a healthier lifestyle

·        Retail, dining, and entertainment hubs within walking distance

·        Green spaces and open areas for relaxation

For millennials, NRIs, and digital entrepreneurs, such developments offer the perfect balance of comfort and connectivity.

Goldfinch City: A Benchmark for Smart Townships

Leading the charge in this transformation is MRG Group’s Goldfinch City in Mangalore, a ground-breaking mixed-use development designed to set new benchmarks in urban living.

What Makes Goldfinch City Unique?

·        Premium Residences with high-end amenities

·        IT Parks & Commercial Spaces attracting top businesses and Start-ups

·        A High-End Retail Mall featuring global brands and entertainment zones

·        Hotels, Fine Dining & Leisure Spaces offering a range of lifestyle experiences

·        A State-of-the-Art Convention Centre & Sports Arena for global events

·        Advanced Healthcare & Education Institutions ensuring a world-class living experience

"We are not just building spaces; we are designing smart, well-planned ecosystems that define the future of Indian real estate," says Mr. Gaurav Shetty, Managing Director, MRG Group.

With its future-ready infrastructure, strategic location, and cutting-edge amenities, Goldfinch City is redefining the concept of urban townships in India.

The Future of Urban Real Estate in India

As India moves forward with its Smart City Mission, mixed-use developments are becoming the backbone of modern urbanization. These communities are not just residential spaces, they are evolving into economic and social hubs, offering everything from employment opportunities to premium lifestyle experiences.

With MRG Group’s visionary projects, the future of Indian real estate is looking more connected, convenient, and community-driven than ever before.

Are mixed-use developments the new gold standard in real estate?

The answer is clear - they are here to stay.


IHCL’s Taj InnerCircle-NeuPass Partners with oneworld to Expand Travel Rewards

IHCL’s Taj InnerCircle-NeuPass Partners with oneworld to Expand Travel Rewards

By Manu Vardhan Kannan

Published on June 5, 2026

Indian Hotels Company (IHCL), India's largest hospitality company, has announced a strategic partnership between its loyalty programme, Taj InnerCircle-NeuPass, and oneworld, the world's leading airline alliance. The collaboration aims to provide members with enhanced travel benefits and a more connected experience across hospitality and aviation services.

The partnership reflects the growing demand for integrated travel experiences, allowing loyalty members to enjoy rewards and privileges beyond traditional hotel stays and airline journeys.

Commenting on the development, Puneet Chhatwal, Managing Director & CEO, IHCL, said, “This partnership with oneworld reflects the growing consumer preference for more integrated travel experiences. As we expand Taj’s international footprint, such alliances strengthen our ability to engage a wider global audience, bringing together scale and warm Indian hospitality to create a seamless proposition across markets.”

Through the collaboration, Taj InnerCircle-NeuPass members will gain access to benefits on participating oneworld airlines. Members can currently enjoy limited-time savings with Cathay Pacific until September 30, 2026, with additional opportunities expected to be introduced in the future.

Similarly, oneworld loyalty members will receive exclusive savings on stays, dining, and spa experiences across IHCL's portfolio of hospitality brands. These include Taj, Claridges Collection, Brij, SeleQtions, Clarks, Gateway, Vivanta, Ginger, Tree of Life Hotels, and amã Stays & Trails.

Speaking about the partnership, Ole Orvér, CEO, oneworld, said, “We are pleased to bring together the world’s premium airline alliance with IHCL’s Taj InnerCircle Neupass. Members can now enjoy IHCL’s celebrated brands including the iconic Taj, bringing its century-old heritage of luxury in a first-of-its-kind partnership to extend the value of oneworld loyalty beyond air travel. Our shared commitment to quality and service will enhance how oneworld customers are recognised and rewarded throughout their journey.”

As part of the next phase of the collaboration, reciprocal loyalty recognition will be introduced. Taj InnerCircle Gold and Platinum members will be matched to the oneworld Sapphire tier, while Taj InnerCircle Copper and Silver members will receive oneworld Ruby status.

Likewise, oneworld Emerald members will be matched to Taj InnerCircle Gold status, while oneworld Ruby and Sapphire members will receive Taj InnerCircle Silver status.

Later this year, both organisations will also explore introducing opportunities for travellers to earn airline miles on hotel stays through select oneworld partner airline programmes, further enhancing the value proposition for frequent travellers.

The partnership marks a significant step in bringing together hospitality and aviation loyalty ecosystems, offering members greater flexibility, recognition, and rewards throughout their travel journey.


Evoke Rambagh Ayodhya Opens Near Ram Mandir, Strengthening the City’s Hospitality Landscape

Evoke Rambagh Ayodhya Opens Near Ram Mandir, Strengthening the City’s Hospitality Landscape

By Manu Vardhan Kannan

Published on June 5, 2026

Eyak Ventures has announced the opening of Evoke Rambagh Ayodhya, a large-scale hospitality development near the Ram Janmabhoomi Temple. Operated under the Evoke Experiences brand, the property aims to cater to the growing number of visitors travelling to Ayodhya as the city continues to emerge as one of India's leading religious tourism destinations.

The launch comes at a time when Ayodhya is witnessing a significant increase in tourist arrivals following the inauguration of the Ram Janmabhoomi Temple and ongoing infrastructure developments across the region. Designed for pilgrims, families, and leisure travellers, the property offers a comfortable and well-rounded stay experience close to the city's key attractions.

Spread across 25 acres, Evoke Rambagh is among the largest resort developments in Ayodhya. The property features multiple water bodies integrated throughout the landscape, creating a serene environment for guests. It houses 156 cottages designed to combine comfort and convenience while offering spacious accommodation options.

Strategically located on Parikrama Marg, the resort enjoys easy connectivity to Ayodhya Junction railway station and Maharishi Valmiki International Airport, making travel convenient for domestic and international visitors.

Guests can choose from a variety of dining options, including an all-vegetarian restaurant serving satvik cuisine inspired by Indian, Oriental, and Continental flavours. The property also features a lobby restaurant and room service facilities.

With Ayodhya increasingly becoming a destination for social celebrations and weddings alongside religious tourism, Evoke Rambagh has positioned itself as a venue for destination weddings, family functions, and corporate gatherings. The property includes a banquet hall, landscaped gardens, a clubhouse, and dedicated activity spaces for events of varying scales.

The resort also offers a range of wellness and recreational facilities, including a swimming pool, wellness centre, yoga sessions, meditation programmes, and naturopathy experiences. Additional guest services include concierge assistance, valet parking, golf cart transportation, multilingual support, and wheelchair accessibility.

To ensure a seamless stay, the property is equipped with modern infrastructure such as high-speed internet, backup power, air conditioning, housekeeping, laundry services, and ample parking facilities. Safety features including CCTV surveillance, smoke detectors, and fire safety systems have also been incorporated across the property.

For the convenience of pilgrims, the resort provides shuttle services to the Ram Janmabhoomi Temple at scheduled intervals, while airport and railway station transfers are available on a paid basis.

Speaking about the launch, Krinal Thaker, Marketing & Experiences Head at Evoke Experiences (An initiative by Eyak Ventures), said, "The opening of Evoke Rambagh is in line with our commitment towards the development of Ayodhya as a key tourist and religious destination in India. The idea behind developing this hospitality asset was to provide accessible and comfortable accommodations."

As Ayodhya continues to strengthen its position on India's tourism map, developments such as Evoke Rambagh are expected to play an important role in supporting the city's growing hospitality and tourism ecosystem.


Hotel Fire in Delhi's Malviya Nagar Claims 21 Lives, Triggers Major Safety Review Across the Capital

Hotel Fire in Delhi's Malviya Nagar Claims 21 Lives, Triggers Major Safety Review Across the Capital

By Manu Vardhan Kannan

Published on June 4, 2026

A tragic fire at a hotel in Delhi's Malviya Nagar area has claimed 21 lives, including foreign nationals, leaving the city shocked and grieving. The incident, which occurred on the morning of June 3, 2026, also left several people injured, with authorities warning that the death toll could rise as some victims remain in critical condition.

According to officials, 47 people were rescued from the building and rushed to nearby hospitals for treatment. Among those who lost their lives were nine citizens from African countries and two from Turkmenistan, while five foreign nationals were among the injured.

imageInvestigations have revealed serious violations at the property. Officials stated that the hotel was operating without clearance from the Fire Department. The building reportedly had approval for only six rooms but was functioning with more than 20 rooms. Authorities also found that the property had only a single entry and exit point, raising major concerns about safety compliance.

Police have apprehended the building owner, Lovkesh Bajaj, and registered a First Information Report (FIR) against him under Sections 105 (culpable homicide not amounting to murder) and 326 (mischief by fire) of the Bharatiya Nyaya Sanhita (BNS).

Preliminary findings suggest that sealed glass windows, malfunctioning sensor-operated gates, overcrowded rooms, and multiple fire safety violations turned the building into a death trap as smoke and flames spread rapidly through the premises.

In response to the tragedy, the Delhi government has announced a major review of accommodation establishments operating in the city. Tourism Minister Kapil Mishra said the government will officially withdraw its Bed and Breakfast policy and conduct inspections of all establishments registered under the scheme.

"We are going to officially withdraw the Bed and Breakfast scheme, and all establishments licensed under it will be checked," Mishra told PTI.

He further stated that strict action would be taken against operators violating licence conditions. Establishments found operating more than six rooms under the scheme will face licence cancellation.

The incident has also prompted immediate action from Delhi's administration. Lieutenant Governor Taranjit Singh Sandhu has ordered a month-long fire safety inspection drive covering hotels, lodges, inns, nursing homes, coaching institutes, restaurants, and other vulnerable commercial establishments across the city.

Officials said all rooms operating beyond approved limits in hotels, lodges, and inns will be shut down as part of the enforcement drive.

Delhi Chief Minister Rekha Gupta assured that the government is closely monitoring the situation and extending all necessary medical assistance and support to affected families.

President Droupadi Murmu expressed her condolences, saying, "The news of the loss of lives in the fire incident in Malviya Nagar, Delhi is extremely heartbreaking. I express my deepest condolences to the bereaved families and pray for the swift recovery of those injured."

Prime Minister Narendra Modi also conveyed his condolences, stating, "The loss of lives due to a fire incident in Malviya Nagar, Delhi is tragic. My condolences to those who have lost their loved ones. Wishing a speedy recovery to the injured. Authorities are providing all possible assistance to those affected."

The devastating incident has not only left Delhi heartbroken but has also brought renewed attention to the importance of safety and security standards across hotels, guest houses, and other accommodation facilities. As investigations continue, the tragedy serves as a stark reminder of the need for strict compliance with fire safety regulations to prevent such incidents in the future.

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