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Renowned Bengaluru-based real estate developer, Embassy Group, has been recognized as brand leader in commercial office and hospitality segments in India, said Audit Report by Track2Realty, an independent Research venture, in its annual Brand Perception. This is the second consecutive year that the Embassy Group has won the top slot for the Office segment, while […]

Kolkata-based real estate and hospitality developer, Jain Group, will raise around Rs.30 crore to fund expansion plans. It will also look to list its flagship company, Dream Gateway Hotels. Dream Gateway Hotels requires around Rs 75 crore for Phase-II expansion of Holiday Inn Kolkata Airport hotel. While Rs 30 crore will come from the IPO […]

Vijay Nirman Company (VNC), an associate company of Kridhan Infrastructure Limited (KIL) has secured an order worth Rs.180 crore. Company has bagged the order for structural work for connectivity to Visakhapatnam Port Road in Andhra Pradesh to be completed within 15 months. KIL holds around 41 percent stake in VNC, and thus VNC operates as […]

PNC Infratech has been declared as the lowest bidder for Nagpur-Mumbai Expressway project entailing an investment worth Rs.2099.52 crore. Project commands a length of 54.40 K.M.and is the 4th package of Nagpur-Mumbai Six Lane Access Controlled Super Communication Expressway (Maharashtra Samruddhi Mahamarg) on engineering procurement construction (EPC) model. Maharashtra State Road Development Corporation (MSRDC) is […]

Engineering major Larsen & Toubro (L&T) today said its construction arm has bagged orders worth Rs.22.10 billion across business segments in domestic market. L&T said its water and effluent treatment business has secured orders worth Rs.20.44 billion. “A major turnkey order has been received from Narmada Valley Development Authority (NVDA), Government of Madhya Pradesh, for […]

Mahindra Lifespace Developers has lined up five new housing projects via joint ventures and partnerships fixing around 2 million square feet of development in cities like Mumbai, Pune and Chennai and all these projects will be launched this fiscal itself, chief executive officer and managing director, Anita Arjundas, said elaborating that the regulatory changes and […]

National Highways Authority of India (NHAI) is planning to develop Varanasi Ring Road Project (Phase-II under Package-I and Package-II) in the state of Uttar Pradesh under NHDP (Phase-VII). Under Package-I, the project envisages development of four-lane NH-56 bypass connecting NH-2 (Rakhauna village from 782.546 km of NH-2) with NH-56 (Vajidpur village from 271.300 km of […]

Ajmera Realty & Infra India has entered into joint development at Bengaluru, Karnataka. Company’s wholly owned subsidiary has entered into joint development. It will develop 11 acre of land which has a potential to develop seven lakh square  feett and is expected to generate a revenue of approximately Rs.350 crore. All in-principle approvals have been […]

National Bank for Agriculture and Rural Development’s (Nabard) has recently sanctioned ?136.57 crore as assistance to the Karnataka government under the Warehouse Infrastructure Fund. With the funds the state will build 103 warehouses and 163 covered auction platforms at 135 Agricultural Produce Market Committees (APMCs) across 28 districts, Chief General Manager, MI Ganagi, said adding […]

Bengaluru-based property developer, The Embassy Group, plans to invest additional Rs 300 crore for infrastructure projects like a metro station, flyovers and walkways. Earlier, on June 23, 2017, the company had signed a MoU with Bangalore Metro Rail Corporation Ltd (BMRCL) to build the Kadubeesanahalli metro station. The Kadubeesanahalli station is located just outside Embassy […]