Browsing Tag

Land Acquisition

5 posts

Suraj Estate Developers Raises Rs. 343 Crores Through Equity Shares and Share Warrants

Suraj Estate Developers Limited has secured around Rs. 343 crores through a recent preferential allotment of equity shares and convertible share warrants. The funds will be used for land acquisitions and general corporate purposes, reflecting strong investor confidence in the company’s growth plans and its commitment to expanding in the residential and commercial real estate sectors.
Interarch Building Products land acquisition Gujarat

Interarch Building Products Limited Acquires Land in Gujarat for New Manufacturing Facility

Interarch Building Products Limited has acquired 51,926 square meters of land in Gujarat for INR 7 crore, marking a significant step in its expansion strategy within the Pre-Engineered Building (PEB) industry. This new facility aims to enhance production capacity and cater to the growing demand for high-quality building solutions in key markets, particularly in Western India. Managing Director Arvind Nanda emphasized the importance of this investment for boosting operational capabilities and delivering customer satisfaction.
Bengaluru

MANA Projects Expands with Acquisition of 2.5-Acre Land Parcel Near Sarjapur Road

MANA Projects expands its footprint with the acquisition of a 2.5-acre land parcel in Chikkanayakanahalli, off Sarjapur Road. This new development aligns with their commitment to sustainable and community-focused residential projects, enhancing their presence in Bengaluru’s dynamic real estate market.
Microsoft land acquisition Pune September 2024

Microsoft Invests ₹520 Crore in Prime Pune Land Parcel

Microsoft has acquired a 16.4-acre land parcel in Pune’s Hinjewadi for ₹519.72 crore, marking a significant investment in India’s commercial real estate sector. This purchase, registered in August 2024, is part of Microsoft’s broader strategy to enhance its data center operations and infrastructure across key Indian IT hubs, following similar investments in Pimpri-Chinchwad and Hyderabad.
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

CTIL Acquires 10 Acres of Prime Land in Worli, Mumbai for Rs. 1100 Cr

CTIL has acquired 10 acres of prime leasehold land in Worli, Mumbai, from Mr. Nusli Wadia for Rs. 1100 crore. The land, set to be developed by Birla Estates, significantly enhances CTIL’s real estate holdings, contributing an estimated Rs. 14,000 crore in booking value potential and expanding their contiguous land portfolio to 30 acres with a combined value of Rs. 28,000 crore.