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Two Maharashtra road projects with a combined cost of about Rs.4,500 crore may be cancelled by L&T as they have turned ‘financially unviable’. The company has also communicated this with L&T. NHAI has directed the company to wait till the polls are over. The projects involve widening of 485 km of carriageway on two highways: [...] 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 »
While question marks have been put as to number of new project launches, Gee Cee Ventures has announced that it plans to launch a real estate project in Navi Mumbai. The project would be a residential cum commercial real estate project. It will be developed on a land bought for Rs. 101 crores at Navi [...] Continue Reading »
