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A Plan to Develop a New Expressway Adjacent to Mumbai-Pune Expressway is Underway

A plan to construct a new expressway adjacent to the Mumbai-Pune Expressway is now underway. The first phase of this project will stretch from JNPA (Jawaharlal Nehru Port Authority) to Chowk (Karjat). The highway will later extend from Chowk towards Pune and eventually reach Bengaluru.

By Admin

  • 20th Sep 2024
  • 1215 Views
Prestige Estates Plans Debt Reduction and Aggressive Expansion with QIP Funds

Prestige Estates Projects, a prominent real estate developer, disclosed its intention to allocate the ₹5,000 crore it raised through a Qualified Institutional Placement (QIP) earlier this month.

By Admin

  • 15th Sep 2024
  • 1177 Views
With INR 800 Crore Revamp IIM Mumbai Aims for Global Leadership in Management Education

The Indian Institute of Management (IIM) Mumbai, founded last year in Powai, will undergo a comprehensive renovation. An INR 800 crore ($100 million) makeover of the institute's 64-acre campus is planned.

By Admin

  • 11th Sep 2024
  • 1189 Views
5 Factors That Make Bajaj Housing Finance IPO a Smart Investment in a Growing Market

Bajaj Housing Finance Limited (BHFL) plans to raise 6,560 crore via an IPO, including new share issuance and a sale. With quick expansion since its founding, a broad loan portfolio, and sound financials, BHFL can capitalise on India's rising housing demand.

By Admin

  • 8th Sep 2024
  • 1170 Views
WeWork India Expands Aggressively in Delhi-NCR with Major Leases

WeWork India is reportedly in discussions to lease over 400,000 sq ft of office space across three significant properties in Delhi and Gurugram. This move is seen as part of their aggressive expansion strategy in the Delhi-NCR region, according to sources familiar with the situation.

By Admin

  • 31st Aug 2024
  • 1211 Views
The Chapter, an Isprava Company, to Invest INR 850 Crore in Developing Luxury Villas Across Key Leisure Destinations in India

The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.

By Admin

  • 30th Aug 2024
  • 1269 Views
Bhive Workspaces Plans INR 800 Crore IPO for FY26, Targets Expansion Beyond Bengaluru

A senior official at Bhive Workspaces, a top provider of managed office spaces, has announced plans for an IPO valued over ₹800 crore in the coming year. Before the IPO, Bhive wants to diversify its portfolio by lowering its 95% reliance on Bengaluru.

By Admin

  • 9th Aug 2024
  • 1226 Views
Brookfield to Acquire Controlling Stake in Leap Green for USD 550 Million, Plans to Expand Renewable Energy Platform

Canadian investment giant Brookfield Asset Management will pay $550 million (INR 4,594 crore) to purchase a majority interest in Tamil Nadu-based renewable energy platform Leap Green Energy. Commercial and industrial (C&I) users use this platform for renewable energy solutions.

By Admin

  • 20th Jul 2024
  • 1253 Views
MGM Healthcare Acquires Vizag's SevenHills Hospital Under IBC Process

INR 171-Crore Resolution Plan by MK Rajagopalan Approved by lenders MK Rajagopalan, the promoter of Chennai-based MGM Healthcare, purchased Visakhapatnam's 300-bed SevenHills Hospital through the IBC.

By Admin

  • 18th Jul 2024
  • 1238 Views
Gurugram headquartered Smartworks Secures INR 168 Crore Funding for Expansion

Smartworks, a flexible workspace provider in Gurugram, secured INR 168 crore ($22.24 million) from investors to fund its development goals.

By Admin

  • 28th Jun 2024
  • 1229 Views
Central Park of NCR Gears Up for IPO - Realty Biz to Go Public

Central Park, a Bakshi Group company comprising infrastructure, hotel, and automotive businesses, plans to go public in 2-3 years. A top official said the corporation wants to capitalise on its expansion and pipeline.

By Admin

  • 18th Jun 2024
  • 1262 Views
Nexus REIT Eyes Acquisition of Chennai's Iconic Marina Mall to Expand Portfolio

Nexus Select Trust, a major REIT, is in talks to buy Chennai's Marina Mall, which has about 600,000 square feet of retail space. Direct sources said Nexus Select Trust's growth plan included this substantial move.

By Admin

  • 25th May 2024
  • 1272 Views
Signature Global Buys INR 350 Cr Land in Gurugram for Luxurious Housing Project

Signature Global, a real estate company, has purchased 14.65 acres of property in Gurugram for ₹350 crore to create a large housing complex as part of its development strategy. The corporation bought property in Sector 37D, near the fast-growing Dwarka Motorway.

By Admin

  • 22nd May 2024
  • 1277 Views
Sobha Group Plans Grand Entry into Mumbai's Luxury Housing Market

Real estate giant Sobha Group will affect Mumbai's luxury home market. The business plans to treble annual sales bookings to ₹30,000 crore in the next 4-5 years via an aggressive growth strategy.

By Admin

  • 21st May 2024
  • 1269 Views
Bangalore-based Prestige Estate to Double Hospitality Holdings with INR 1700 Crore Investment

Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.

By Admin

  • 1st May 2024
  • 1318 Views
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