The new NH 353D highway connects Nagpur to Umred, enhancing transportation efficiency and safety. With a cost of approximately ₹782 crores, it features significant infrastructure improvements, including RCC bridges, underpasses, and service roads, benefiting local connectivity and addressing traffic issues effectively.
[ad_1] NEW DELHI: The real estate sector accounted for 15 per cent (largest share) of cumulative net Alternate Investment Funds (AIFs) investments, with ₹73,903 crore invested in real estate out of an all-sectors total of ₹5,06,196 crore. Other sectors benefiting from AIF investments include IT/ITeS, financial services, NBFCs, banks, pharma, FMCG, retail, renewable energy, and…
[ad_1] NEW DELHI: India’s real estate sector witnessed a robust start to 2025 with a series of high-value transactions led by REITs, global private equity (PE) firms, and strategic domestic consolidations. The top ten deals of Q1 alone contributed over $1 billion, according to a report by Grant Thornton Bharat. Leading the quarter was Mindspace…
[ad_1] NEW DELHI: Akshay Kumar has sold his office space in One Place Lodha, Lower Parel, Mumbai, for ₹8 crore. The apartment was purchased by Kumar in December 2020 for ₹4.85 crore, reflecting a 65% appreciation in value. The office space has a carpet area of 106.56 sq meters (1,146.88 sq ft) and includes two…
[ad_1] NEW DELHI: India’s real estate sector began 2025 on a strong note, recording 28 deals valued at $1.2 billion, a 133% increase in deal volumes compared to Q1 2024, despite a 51 per cent quarter-on-quarter decline in deal values due to muted IPO and QIP activity, according to a report by Grant Thornton Bharat….
[ad_1] NEW DELHI: Anant Raj has reported 41.40 per cent increase in its net consolidated profit during the quarter ended March 2025. Its profit after tax stood at ₹118.79 crore in Q4 FY25 as against ₹84.01 crore it recorded in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The…
[ad_1] representative image VIJAYAWADA: With the TDP-led NDA govt back at the helm, residents of Vijayawada city are seeking to revive the two-decade-old proposal to upgrade the Vijayawada Municipal Corporation (VMC) into the Greater Vijayawada Municipal Corporation (GVMC). Around 4,000 respondents who participated in an online survey conducted by a private social media page voted…
[ad_1] representative image NEW DELHI: Co-working operator Incuspaze has rented 2.5 lakh square feet of office space in Chennai to provide managed workspaces to corporates. The upcoming centre has the capacity to accommodate more than 4,000 seats, the company said in a statement on Monday. Gurugram-based Incuspaze has taken on lease 2.5 lakh square feet…
[ad_1] representative image MOHALI: In a major crackdown on illegal encroachments, the department of drainage and mining on Sunday carried out a demolition drive along the banks of the Patiala Ki Rao rivulet in Nayagaon, Mohali. The operation targeted unauthorized farmhouses, riverside eateries, dhabas, and other illegal constructions along the Chandigarh borders that had encroached…
[ad_1] NEW DELHI: Brigade Group has signed a joint development agreement (JDA) for a plotted development project in Malur, East Bengaluru. Spanning approximately 20 acres, the project has a gross development value (GDV) of approximately ₹175 crore and a total development potential of 0.45 million sq ft. Pavitra Shankar, managing director of Brigade Enterprises said,…