Real Estate
KKR and Stonepeak Raise Bid for UK's Assura to $2.3 Billion
Private equity firms KKR and Stonepeak Partners have increased their offer for Assura, a UK healthcare real estate investor, to $2.3 billion, outbidding rival Primary Health Properties.
Real Estate Mumbai
Mumbai HC Directs MMRDA to Deposit Rs 1,169 Crore Over Metro One Dispute
The Mumbai High Court has ordered the Mumbai Metropolitan Region Development Authority (MMRDA) to deposit Rs 1,169 crore by 15 July 2025, following a 2023 arbitral award in favor of Mumbai Metro One Pvt Ltd (MMOPL). This decision underscores the financial and legal complexities in large-scale infrastructure projects and highlights the need for robust governance and cost-sharing mechanisms.
real estate news
India's Financial Secrecy: Real Estate, Trusts, and Partnerships Under the Microscope
India has climbed to 24th place in the Financial Secrecy Index, highlighting significant areas of opacity in real estate, trusts, and partnerships. Despite progress in corporate transparency, the country faces challenges in automatic information exchange and anti-money laundering frameworks.
Real Estate Mumbai
Mumbai Metro: 11 Years, 111 Crore Journeys, and a Sustainable Future
Mumbai Metro Line 1 has completed 11 years of operations, ferrying over 111 crore passengers and revolutionizing urban mobility. This article explores the metro's impact on sustainability, socio-economic development, and future urban planning.
Real Estate Mumbai
Mumbai Metro Line 1: 11 Years of Service and the Urgent Need for Expansion
Mumbai Metro Line 1 marks 11 years of operation, but the growing commuter demand is straining its infrastructure. The debate on expanding the train length to six coaches is gaining momentum.
Real Estate Pune
Texmaco Targets 12-13% EBITDA Margin by FY26 with Strategic Initiatives
Engineering major Texmaco Rail & Engineering Ltd aims to achieve an EBITDA margin of 12-13% by FY26, driven by improved operational efficiency and business restructuring. The company is also progressing with several strategic moves, including mergers and global partnerships.