At a construction site for the Mass Rapid Transit System (MRTS) in Chennai’s Adambakkam, a concrete girder collapsed during the ongoing work on an additional MRTS line between Velachery and …
News
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Infrastructure News
Smart City: 20 Projects Completed, 15 Underway in Panaji with Rs 935.90 Crore Sanctioned
The Imagine Panaji Smart City Development Ltd (IPSCDL) CEO, Sanjit Rodrigues, revealed that a total of Rs 935.90 crore was sanctioned under the Smart Cities Mission for 35 projects in …
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Real Estate
Shapoorji Pallonji Real Estate Unveils 276 Luxury Homes in Pune, Targets Rs 600 Crore in Revenue
Shapoorji Pallonji Real Estate (SPRE) has launched the second phase of its ‘Golfland’ project in Pune, part of the expansive ‘VANAHA’ township near Bavdhan, West Pune. The company expects an …
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Real Estate
Ajmera Realty and Rustomjee Group Forge Alliance for Rs 760 Crore Bandra Redevelopment Project
Ajmera Luxe Realty Private Limited (ALRPL), a joint venture between Ajmera Realty & Infra India Limited (ARIIL) and Keystone Realtors Limited (Rustomjee Group), has unveiled a Bandra West redevelopment project …
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Real Estate
Puravankara Unveils Ambitious Plans for 4.2 Million Sq Ft Residential Developments in Chennai and Coimbatore by FY25
Puravankara Group, a Bengaluru-based real estate developer, has announced plans to develop 4.2 million sq ft of residential projects in Chennai and Coimbatore by the first quarter of FY25, according …
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Real Estate
SEBI Issues Demand Notices to Former DHFL Promoters for Violating Disclosure Rules; Warns of Arrest and Asset Attachment
India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), has issued demand notices to Dheeraj Wadhawan and Kapil Wadhawan, former promoters of Dewan Housing Finance Corp Ltd …
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Real Estate
Edelweiss Special Opportunities Fund Extends Rs 350 Crore Debt Facility to Adarsh Developers’ Entity for Project Completion and Debt Repayment
Edelweiss Special Opportunities Fund has extended a Rs 350 crore debt facility to Shreshta Infra Projects Pvt Ltd, a Bengaluru-based real estate company affiliated with Adarsh Developers. The funds will …
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The National Highways Authority of India (NHAI) has unveiled a significant shift in its resource generation strategy by identifying 53 highway projects worth Rs 2.1 trillion to be developed through …
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Real Estate
MahaRERA Implements ‘One Stand-alone Project, One MahaRERA Number’ Policy to Curb Homebuyer Cheating
The Maharashtra Real Estate Regulatory Authority (MahaRERA) announced on January 17 the enforcement of a ‘one stand-alone project, one MahaRERA number’ policy to combat instances of developers obtaining multiple registration …
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Infrastructure News
Demolition Notices Issued to 200 Farmers for Illegal Structures on Jewar Airport’s Notified Land
The Gautam Budh Nagar district administration has served notices to approximately 200 farmers across six villages for constructing unauthorized structures on land earmarked for the second phase of the Noida …