Square Feat India

Realty

Birla Estates Acquires ₹537 Crore Land Parcel in Mumbai MMR

Birla Estates, the real estate arm of the Aditya Birla Group, has acquired a prime land parcel in Kalwa, Mumbai MMR, valued at Rs. 537.42 crore. This 24.5-acre plot, purchased from Hindalco Industries, underscores the company’s strategic expansion into rapidly developing areas, positioning it strongly in both residential and commercial real estate markets.

September 12, 2024

Realty

India’s First ISI-Certified Fully Insulated Fire Door

Tufwud has unveiled the FD120 ID, India’s first ISI-certified fully insulated fire door, at the Fire & Security India Expo 2024. This groundbreaking product sets a new benchmark in fire safety by combining advanced insulation, aesthetic design, and robust protection, reaffirming Tufwud’s commitment to enhancing building safety with cutting-edge solutions.

September 12, 2024

Realty

GCCs to Drive 40% of Demand for Grade A Office Space in India

Colliers report projects that Global Capability Centers (GCCs) will drive almost 40% of the demand for Grade A office space in India in the coming years. The report highlights the increasing role of GCCs, engineering, and BFSI sectors in the office space market, with major cities like Bengaluru, Hyderabad, Chennai, and Pune showing significant growth. ESG considerations are also shaping demand, with a substantial portion of office space expected to be green-certified.

September 12, 2024

Realty

Track3D Secures $4.3 Million Seed Funding to Revolutionize Construction with Unified Reality Intelligence Platform

Track3D has secured $4.3 million in seed funding to enhance its pioneering AI-driven reality intelligence platform for the construction industry. Led by Endiya Partners, this investment will accelerate Track3D’s growth, including expanding its workforce in India and opening a new office. The platform revolutionizes construction progress monitoring by integrating data from various sources into a unified, intelligent system.

September 12, 2024

Infrastructure

MMRDA Approves Pod Taxi Project for Enhanced Connectivity in BKC

MMRDA has approved M/s. Sai Green Mobility for the Pod Taxi project in Bandra-Kurla Complex (BKC). This automated transit system will enhance last-mile connectivity and reduce congestion, offering a modern solution to the needs of daily commuters in one of Mumbai’s busiest areas.