<h1>Real estate firm invests Rs 800 crore in coastal properties driven by infrastructure improvements</h1> A major real estate firm plans to invest approximately Rs 800 crore over two years in the coastal property market, citing improved infrastructure and connectivity as key drivers. The company has already developed phases of a residential project and plans two additional developments including a gated community. Housing sales in the region increased 5% to 3,585 units in 2024, with value rising 32% to Rs 5,726 crore. The firm, which has completed 74 million sq ft across various projects, also filed for a Rs 6,200 crore REIT IPO with a global investment partner.