BSE
The famous steel company Tata Steel sold its 25-acre Borivali land parcel in Mumbai for Rs 1,155 crore to Oberoi Realty through e-auction. The Steel giant says that the committee of Independent Directors appointed for the oversight and governance of the sale process by the Tata Steel Board announced that the highest bidder of the [...] Continue Reading »
Infrastructure firm IL&FS Engineering and Construction informed that they were successful in getting a Rs 300- crore contract for elevated metro stations on Kolkata Metro Line in West Bengal by Rail Vikas Nigam Ltd (RVNL). The company says that they are awarded a contract by RVNL, Kolkata for a value of Rs 299.76 crore for [...] Continue Reading »
Pune’s residential housing sector got a new entrant in the name of Phoenix Mills, which has announced the launch of its project ‘Fountainhead’ near Viman Nagar on the Pune-Ahmednagar Road. The project comprises of two 13-floor towers encompassing 81 three and four bedroom apartments. The homes range from 3,000-5,100 sq ft in size and come at a [...] Continue Reading »
Two orders worth Rs 721 crore are bagged by Infrastructure development company SPML from Bhavnagar Irrigation Project Division, Gujarat, and South Bihar Power Distribution Company, Patna. The company informed in a statement, in Gujarat SPML Infra has received an Rs 594-crore order for developing infrastructure for water supply to Bhavnagar along with a Rs 127-crore order in [...] Continue Reading »
In Gurgaon, Realty firm CHD Developers has bought 10.5 acres of land for about Rs 300 crore to develop a housing project. Already two projects are being developed in Gurgaon by the national capital-based developer and are looking to expand presence in the city. CHD Developers COO Ravi Saund told PTI, from a local landlord [...] Continue Reading »
Two road projects in Karnataka and Maharashtra, which entail a cost of Rs 4,139 crore, have been started by IRB Infrastructure. IRB Infrastructure said in a filing to the BSE, that Rs 2,639-crore scheme for four-laning of a highway in Karnataka and the Rs 1,500-crore road widening project in Maharashtra are being implemented by company’s [...] Continue Reading »
In addition to the Prestige Estates Projects, Reliance Infrastructure, Jaiprakash Associates Housing Development and Infrastructure and Container Corporation of India are among the other gainers. Prestige Estates Projects jumped 12.23% to Rs 163.35. The stock topped the gainers in the BSE’s ‘A’ group. Reliance Infrastucture controlled by Anil Dhirubhai Ambani gained 10.01 percent to Rs 398.90was second [...] Continue Reading »
KNR Constructions Ltd has bagged an EPC order worth Rs 290.25 crore for rehabilitation and up gradation of National Highway road in Andhra Pradesh, from the National Highways Authority of India. The Hyderabad-based infrastructure company stated, in a statement to BSE that the order is for up gradation of a road stretch on NH-565 between [...] Continue Reading »
DLF, India’s largest realty firm, said on Monday that following the scrapping of Rs. 6000 Crore project that it had bagged from the DDA in July 2007, it had received a refund of Rs. 675.81 Crores from the agency. DLF would now have to return the 35 Acres of land that it received from DDA [...] Continue Reading »
New Delhi- Real estate builder DB Realty said that its subsidiary DB Hospitality is trying to sell stake in proposed hotel project in Delhi International airport and discussions are still going on. In the processing towards the BSE, DB Real estate claimed that DB Hospitality Pvt Ltd (DBHPL) is usually possessing stake in order to [...] Continue Reading »
