Browsing Tag

infrastructure development

33 posts
Welspun One secures ₹2,300 crore funding from NaBFID for its flagship JNPA Logistics Park in Navi Mumbai

Welspun One Secures ₹2,300 Crore from NaBFID for JNPA Logistics Park Development

Welspun One Logistics Parks has secured ₹2,300 crore in construction financing from NaBFID for its flagship logistics project at JNPA SEZ, Navi Mumbai. Spanning 55 acres with a development potential of 3.6 million sq. ft., the park is set to transform India’s warehousing and supply chain landscape.
BKC

MMRDA’s BKC Plot Auction Fetches Record-Breaking Prices: Sumitomo and Brookfield Secure Prime Land

The Mumbai Metropolitan Region Development Authority (MMRDA) has set a new record with its latest land auction in Bandra-Kurla Complex (BKC), fetching prices well above the reserve rate. Sumitomo Corporation acquired two prime plots at ₹4,82,000 per square meter, while Brookfield secured another at ₹3,87,000 per square meter. This historic auction highlights BKC’s growing demand among global investors and reinforces Mumbai’s status as a premier commercial hub.
Maharashtra Government Allocates Rs. 19.50 Crore for Mumbai Metro Line-5 Project

Maharashtra Government Allocates Rs 19.50 Crore for Mumbai Metro Line-5 Project

The Maharashtra Government has sanctioned ₹19.50 crore as a soft loan for the Mumbai Metro Line-5 (Thane-Kalyan-Bhiwandi) project under MMRDA. This funding aims to accelerate metro construction, improve urban transport connectivity, and facilitate economic growth in the region. The government has allocated this amount under the 2024-25 budget, ensuring smoother execution of this crucial infrastructure project.
Mumbai MMR Housing Boom

Mumbai MMR Housing Boom: Sales Value Soars 11%, Transactions Surge 5% in Q4 2024

Mumbai’s housing market continued its upward momentum in Q4 2024, with a significant 11% rise in registered home sales value and a 5% increase in transactions. Led by major developers like Lodha Group and Godrej Properties, the market benefited from growing infrastructure projects and a surge in high-value property investments.
Dwarka Expressway

25,000 Homes to be Completed by 2027 Along Dwarka Expressway

The Dwarka Expressway is rapidly transforming into a premier real estate hub, with 25,000 housing units set for completion by 2027. Enhanced connectivity, high-end residential projects, and rising property values are attracting homebuyers and investors alike. With the launch of luxury apartments, branded residences, and world-class amenities, the expressway is redefining Gurugram’s real estate landscape.