Page 18 - Prachi Pisal

Anil Ambani's Reliance Defence, German firm tie up to make munitions

Reliance Defence and Diehl Defence tie up for local production of 155 mm guided munitions in Ratnagiri, with Rs 5,000 crore investment planned over five years

Pay ₹1,169 crore to Reliance Infrastructure arm: Bombay HC to MMRDA

MMOPL has been operating Mumbai's first metro line between the Versova-Andheri-Ghatkopar Corridor -- which recently completed 11 years of operations

Wealth Company launches Bharat Bhoomi Fund with ₹1,000 cr green shoe

Alongside this, investments will target mid-to-premium residential, retail, plotted villas, and mixed-use developments across high-growth cities such as MMR, NCR, Pune, Bengaluru, Chennai & Hyderabad

Builders from other regions tap into Mumbai's redevelopment market

Mumbai's policy-level incentives for redevelopment and less capital-intensive nature of the business amid a lack of open land parcels, are attracting developers

Average apartment loading grows in top cities amid demand for amenities

The loading factor grows to 40 per cent in Q1CY25, from 31 per cent in 2019

Dharavi masterplan to be implemented in phases, says DRP CEO SVR Srinivas

The Rs 95,790-crore Dharavi Redevelopment Project will be executed in phases, rehabilitating around 72,000 tenants, with completion targeted for January 2031, says DRP CEO

JM Financial gets 1.4 lakh sq ft of office space in Mumbai's Mulund

The ₹150-cr space allotment at Prestige Trade Centre stems from a 2020 insolvency resolution involving the defunct Ariisto Developers

Investments in renewables, roads & realty to hit ₹17.5 tn in 2 yrs: Crisil

Renewables to benefit from hybrid capacity push, roads from monetisation, and real estate from premiumisation and demand from global capability centres

Non-Mumbai builders tap into financial capital via redevelopment projects

Mumbai's redevelopment market is big enough to accomodate more players like Bengaluru-based Sobha and Ahmedabad-based Arvind Smartspaces are evaluating opportunities

Cement firms' Q4 volumes grow, but realisations decline amid weak pricing

According to analysts, the consolidation in India's cement sector and the weak demand have put pressure on the pricing environment

Home loan rates may reduce to 8%: Real estate industry executives

Liquidity to benefit developers and accelerate project completion timelines, say industry executives

Real estate developers build a steady quarter even as demand woes bite

As per Anarock, housing sales across the top Indian cities declined by 28 per cent YoY in Q4 FY25

Actor Jeetendra, family-owned firms sell Mumbai land for ₹855 crore

2.39-acre Andheri plot, which includes Balaji IT Park, has been sold by Jeetendra Kapoor's family to NTT Global Data Centres & Cloud Infrastructure India

Apple leases retail space in Borivali for Rs 2.08 crore annual rent

Apple speeds up India retail entry, 4th store signed

Cement firms volumes grow, but realisations decline in Q4 amid weak pricing

In Q4 FY25, pan-India cement prices stood at ₹362 per bag, down by 3 per cent year-on-year

NCLAT suspends insolvency proceedings against Reliance Infrastructure

Reliance Infra says it has fully paid dues claimed by Dhursar Solar Power as NCLAT puts on hold NCLT's May 30 order initiating insolvency against the firm

Need to serve all asset classes across MMR: Keystone Realtors CMD

Boman Irani said that the company will launch a senior living project, get into data centers and will divest 3.35 per cent to meet Sebi norms to partially fund capex

Tesla leases warehousing facility in Mumbai's Kurla West for five years

Tesla leases 24,565 sq ft facility in Kurla West for vehicle servicing, signalling expansion in India amid market launch preparations

MMRDA allots BKC plots to Sumitomo, Brookfield for Rs 3,840 crore

Plots in Mumbai's BKC allotted to Sumitomo and Brookfield-linked firms for Rs 3,840 crore with plans for mixed-use and office developments including a luxury hotel

Rising costs, competition to dent margins for construction firms in FY26

Crisil says emerging construction companies will see slower growth and flat profits in FY26 despite strong order books due to cost pressures and intensified competition