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Godrej Properties has bought a 27-acre plot in New Delhi’s Ashok Vihar area from the Rail Land Development Authority in a deal said to be valued at Rs 1,100 crore. https://economictimes.indiatimes.com/industry/services/property-/-cstruction/godrej-buys-plot-in-delhi-for-rs-1100-crore/articleshow/68507321.cms

The country’s largest real estate developer DLF announced its second joint venture with global realty investment, development and management firm Hines. They will work on a project with total value of Rs 7,000 crore. https://www.business-standard.com/article/companies/dlf-hines-jv-to-invest-rs-1-900-crore-in-gurugram-commercial-project-119032000047_1.html

TVS Emerald Housing, the real estate arm of TVS group, has bought a 6.5 acre land parcel in Chennai’s IT corridor for Rs 150 crore from SNP Infrastructure. The land was bought at Rs 20 crore per acre, in line with the market rate. The company will develop a residential project on this land.  https://economictimes.indiatimes.com/industry/services/property-/-cstruction/tvs-realty-arm-buys-chennai-plot-for-rs-150-cr/articleshow/68494605.cms

Realty firm Supertech is in talks to sells its office complex in Noida for around Rs 1,000 crore as it aims to cut debt significantly and save interest cost. The company has developed a 9 lakh sq ft office building in its 17.5 acre mixed-use project ‘Supernova‘. https://economictimes.indiatimes.com/industry/services/property-/-cstruction/supertech-looking-to-sell-9-lakh-sq-ft-office-complex-in-noida-for-rs-1000-cr/articleshow/68494924.cms

Reliance Infrastructure (RInfra), part of Anil Ambani-promoted Reliance Group, has announced signing of a definitive, binding agreement with Singapore-based Cube Highways for selling its entire stake in Delhi-Agra Toll Road for an enterprise value of Rs. 3,600 crore. This move will help the company pare its debt. https://www.thehindubusinessline.com/todays-paper/tp-news/article26539952.ece

HDFC Capital Advisors, the real estate-focused fund management arm of HDFC Ltd, and property developer Tribeca have set up a platform to develop mid-income housing projects in Mumbai and Delhi-National Capital Region (NCR). The platform will invest Rs 500 crore through a combination of debt and equity into projects that Tribeca will develop. https://economictimes.indiatimes.com/industry/services/property-/-cstruction/hdfc-capital-tribeca-to-invest-rs-500-crore-for-housing-projects/articleshow/68437832.cms?from=mdr

JMC Projects has won contracts worth Rs 547 crore for water pipeline, residential and commercial projects. The company, a subsidiary of Kalpataru Power Transmission Ltd, is into civil engineering, and engineering, procurement and construction works. https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/jmc-projects-secures-new-orders-worth-rs-547-crore/articleshow/68373208.cms

Larsen & Toubro’s construction arm has bagged orders worth Rs 1,000 cr- Rs 2,500 cr for power transmission and distribution projects. The orders include construction or substations and transmission lines connected to the ring network being implemented to ensure uninterrupted power supply for Andhra Pradesh’s new capital city, Amaravathi. https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/lt-bags-orders-worth-rs-1000-cr-rs-2500-cr-from-power-td-projects/articleshow/68370193.cms