Real Estate Mumbai
MMRDA Invites Rs 11.55 Billion Bids for Mumbai Metro Lines 4 and 4A
The Mumbai Metropolitan Region Development Authority (MMRDA) has invited bids for the power and systems of Metro Lines 4 and 4A, a key infrastructure project in the city.
Real Estate
Karnataka Seeks Private Investors to Revive Mysore Paper Mills
The Karnataka government is exploring private sector options to revive the Mysore Paper Mills (MPM) in Bhadravathi, a decade after its closure. Efforts are underway to attract private bidders with exemptions and relief measures.
Real Estate Pune
Bidders Raise Offers in Lavasa Corp's Third Round; Valor Estates Leads
In the third round of bidding for the debt-laden Lavasa Corp, all three bidders have increased their financial offers, with Valor Estates leading the race. The competition for this ambitious hill town project in Pune is intensifying, and the creditors have extended the timeline to thoroughly evaluate the revised bids.
Real Estate Mumbai
Jaiprakash Infratech Challenges Bid Rejection: Legal Battle Looms
Jaiprakash Infratech is considering a legal challenge against the rejection of its bid to acquire Jaiprakash Associates, citing a lien over fixed deposits instead of a ₹100 crore deposit. This move could further delay the insolvency resolution process.
Real Estate Pune
Pune Waste Management Tender Scrapped, Inquiry Ordered
The Pune Municipal Corporation (PMC) has scrapped a controversial waste management tender and ordered an inquiry into the inflated bids, raising concerns over civic contracts and urban development in the city.
Real Estate
Karnataka: Ricky Rai, Son of Former Underworld Don Muthappa Rai, Shot at in Bidadi
Ricky Rai, the son of former underworld don Muthappa Rai, was shot at near Bidadi in Karnataka. Despite not being directly involved in the underworld, Ricky has significant interests in the real estate sector. The incident has raised concerns about the ongoing tensions and possible reprisals in the region.
Real Estate Maharashtra
Centre Awaits Karnataka Approval for Bidar–Nanded Railway Line
The Indian government has agreed to share 50% of the costs for the Bidar–Nanded railway line, but Karnataka has yet to give its nod. The project is expected to boost connectivity and economic development in the region.
Real Estate
Authum Investment & Infra Wins Bid for Vas Infrastructure: A Major Real Estate Move
Authum Investment & Infra, listed on BSE and NSE, has been declared the Successful Resolution Applicant for Vas Infrastructure Limited, marking a significant shift in the real estate landscape.
real estate news
Four Held at Abids Hotel for Attempting to Exchange Demonetised Currency
Police in Hyderabad apprehended four individuals at an Abids hotel for attempting to exchange demonetised Rs 1,000 and Rs 500 notes. The authorities seized Rs 55,52,500 in illegal currency.
Real Estate
Top Bidders for Noida Commercial Plots: M3M India and Max Estates Lead the Way
Realty developers M3M India and Max Estates have secured the top bids for commercial land plots in Noida, marking a significant milestone in the region's real estate sector.
real estate news
Bhopal's Real Estate Thrives in Areas Once Shunned After Gas Tragedy
Despite the devastating gas leak 40 years ago, the areas around the Union Carbide site in Bhopal have seen significant real estate development. The once ostracized neighborhoods are now bustling with residential and commercial establishments, marking a no
Real Estate Mumbai
Bhopal's Urban Development: Growth Amidst a Legacy of Contamination
Despite the devastating gas leak in 1984, Bhopal has seen gradual urban and real estate development, though fears of contamination still persist.
Real Estate
MCB Real Estate Boosts Takeover Bid for Whitestone REIT to $1.45 Billion
Limited new construction of retail real estate has led to a strong demand for high-quality space, pushing MCB Real Estate to raise its takeover bid for Whitestone REIT to $1.45 billion. Vacancies at U.S. shopping centers are currently at 5.3%, making prim
real estate news
MCB Real Estate Ups Bid for Whitestone REIT to a Staggering $1.45 Billion
Whitestone REIT's shares surged up to 7.9% following the news of MCB Real Estate's enhanced takeover bid.
Real Estate
REA Group Abandons Takeover Bid for Britain's Rightmove
Australian property listing firm REA Group has ended its pursuit of Britain's Rightmove, a leading real estate portal, after facing multiple rejections.
Real Estate Pune
PM Modi to Launch Rs 22,600 Crore Worth of Projects in Maharashtra, Including Pune Metro Extension
PM Modi to flag off Pune Metro train and launch various development projects worth over Rs 22,600 crore in poll-bound Maharashtra.
Real Estate
Britain's Rightmove Spurns $7.3 Billion Takeover Bid from REA Group
Australian property listing firm REA Group's $7.32 billion cash-and-stock takeover offer rejected by Britain's largest real estate portal Rightmove
Real Estate
APAC Calcium Carbide Market Stability Amidst China's Real Estate Woes
The ongoing challenges in China's real estate sector have reduced demand in downstream industries like PVC and metal fabrication, which are major consumers of Calcium Carbide.
Real Estate Mumbai
Mumbai Desalination Project: BMC Extends Tender Deadline Amidst Limited Bids and Cartelization Concerns
The Brihanmumbai Municipal Corporation (BMC) has extended the tender deadline for the Mumbai desalination project amidst concerns over limited bids and cartelization. The project aims to provide a sustainable solution to Mumbai's water needs, but the bidd
Real Estate
Adani to Acquire Jaypee Assets Worth $1 Billion
Adani Group is set to expand its real estate portfolio with a strategic bid for Jaypee Group's assets worth $1 billion.