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PE Company Milestone Capital sells Rs 145-crore Pune property to HNI

PE Company Milestone Capital sells Rs 145-crore Pune property to HNI
PE firm Milestone Capital has sold a 2.5 lakh sq ft commercial property in Pune for about Rs 145 crore to a high-net-worth individual (HNI). This deal marks a potential renewal of interest among such investors in assets that provides constant rental return in addition to capital appreciation. The office building in Kalyani Nagar was [...] Continue Reading »

BMC likely to replace age old pipelines in South Mumbai

BMC likely to replace age old pipelines in South Mumbai
Brihanmumbai Municipal Corporation (BMC) has recently awarded a tender of Rs 33 crore to replace age old pipelines in South Mumbai. The administration has proposed to repair or replace pipelines measuring 16.06 km from Colaba to Worli. For A, B and E wards, a Rs 15.3 crore contract has been awarded for water mains to [...] Continue Reading »

BMC identifies buildings built on water pipes

BMC identifies buildings built on water pipes
Brihanmumbai Municipal Corporation (BMC) has started a survey in every ward to identify buildings which have been constructed on top of water pipelines in the city. Recently, a major water pipeline under a building in Govandi has bursted which took life of a resident leading the civic body to go on with this move. Now, two [...] Continue Reading »

Mumbai reeling under Inadequate Water Supply

Mumbai reeling under Inadequate Water Supply
The residents in Mumbai are reeling under the acute shortage of water and for the past two months the problem has witnessed a drastic growth. The civic body has said that it did not have any option but to stop the supply of water because of restoration work which is in progress. Recently the Brihanmumbai [...] Continue Reading »



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