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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.

real estate news

Bengaluru Namma Metro: BMRCL Submits Feasibility Report for Tumakuru Extension

BMRCL has submitted the feasibility report for extending Namma Metro services to Tumakuru, aiming to connect the two districts and benefit thousands of commuters. The project is expected to reduce travel time and traffic congestion, though some critics argue it primarily benefits real estate.