Adani Group
Adani Township and Real Estate Company Private Limited has efforts underway – in partnership with Age Ventures India – to build world-class retirement homes within its currently-under-development Shantigram township in Ahmedabad, Gujarat. The retirement homes being planned by the Adani Group will be Senior Citizen Living/Assisted Living/Retirement Homes, which will be developed within the complex [...] Continue Reading »
A public interest litigation (PIL) was filed by the villagers of Luni village of Mundra taluk in Kutch district. They were protesting against gauchar (grazing) land given to the Adani Group for its Special Economic Zone. The Gujarat High Court on Thursday disposed of this case. During the pendency of the application, filed in 2011, the [...] Continue Reading »
Complaining to the Centre for not completing the several process of environment clearance to the Adani Group’s Mundra Ports and the Special Economic Zone (MPSEZ) in Gujarat, the apex court gave the last chance to the MoEF to for completing the necessary and stated that the secretary and the director was personally responsible for all [...] Continue Reading »
Reliance Industries Ltd (RIL), Tata group and the Aditya Birla group—India’s three biggest conglomerates—have announced new investments or capital expenditure adding up to almost Rs.3 trillion over the next 3-4 years. The corporate spending had reduced during the economic slowdown in the last few years. Others, like the Adani Group and Larsen and Toubro Ltd [...] Continue Reading »
In a move which is a clear indication of the fact that the Rs 50,000-crore Adani group is on a fast track, the company has recently revealed that it has acquired the Dharma port for Rs 4,400 crore. The announcement of the Dharma port acquisition by the Adani group was made on the day when [...] Continue Reading »
Adani Group seems like it’s launching projects in a hurry, with talk of so many projects in the pipeline, just waiting to be launched. On the day of the election results, after Modi came out victorious, Adani Group announced their Rs 4,400-crore acquisition of the Dhamra port. Only a week after this announcement, Adani Realty, [...] Continue Reading »
In this general election, India Inc has featured heavily in the heated exchanges among parties. India’s biggest real estate developer DLF has suffered in the crossfire because of its alleged links to Sonia Gandhi’s son-in-law Robert Vadra. BJP leader Uma Bharti says explicitly on April 12 that Vadra would be jailed if the NDA came [...] Continue Reading »
The economic slowdown has not affected deals in Delhi’s premium real estate space. In a record deal, Gujarat-based Torrent Group has bought 1,124 sq yards of residential property in Chanakyapuri for Rs 111 crore, at the rate of around Rs 10,00,000 per sq yard. This is the highest recorded rate in the recent past in [...] Continue Reading »
The Adani Enterprises a real estate biggie has taken the crown for fixing the years biggest land deal! Having purchased a two-acre land in Mumbai from the HDIL for Rs 900 crore, has created a benchmark in real estate market. The two acre plot located at Andheri suburb was supposed to be the largest mixed [...] Continue Reading »
A two acre plot in Andheri suburb of Mumbai worth Rs 300 crore has been acquired by Adani Group. However the Adani Enterprises who recently said that they would take an exit from real estate has now spread the news confirming their family to take over the real estate business. This land has a total [...] Continue Reading »
