Real estate investment trusts (REITs) and Infrastructure investment trusts (InvITs) have raised a capital of over $9.7 billion in India, a report by EY titled REITs and InvITs – financing urbanisation and infrastructure in India stated. With favourable government policies and a long-term invest... Read more...
Manju Yagnik - Vice Chairperson, Nahar Group and Senior. Vice President NAREDCO (Maharashtra) in conversation with Sapna Srivastava asserts that we need to make amends towards the environment and pledge towards a sustainable development. HOW CAN WE MINIMIZE THE IMPACT OF CONSTRUCTION ON THE ENVIR... Read more...
REITs and InvITs are catching investors' fancy as they collectively raised close to Rs 55,000 crore in 2020-21, taking their net assets to Rs 1.64 lakh crore. Of the total, Rs 40,432 crore was raised by infrastructure investments trusts (InvITs) and Rs 14,300 crore by real estate investment trusts (... Read more...
Gurugram-based realty firm Alpha Corp will invest around Rs 900 crore to complete three stalled projects of Earth Infrastructure that it acquired through insolvency process. The three projects, comprising developable and saleable area of around 4.5 million sq ft, are located in Gurugram and Greater ... Read more...
Wavin, an innovative pipes and fittings solution provider for the building and infrastructure industry, has announced the acquisition of the Dura-Line manufacturing facility in Hyderabad, India. With this takeover, the company reinforces its commitment to the government initiatives such as “Make i... Read more...
US private equity firm KKR on 5th July said it has signed definitive agreements to acquire Global Infrastructure Partners’ (GIP) entire stake in Highway Concessions One (HC1) and seven highway assets with a total length of 487 kilometers. HC1 is a platform that manages GIP’s India r... Read more...
The public offer of GR Infraprojects continued to witness overwhelming response from investors given the expected infrastructure boost in coming years and attractive valuations compared to peers, as it subscribed 5.75 times on the second day of bidding. The offer has received bids for 4.67 crore ... Read more...
The amount of agricultural land is becoming less and less due to the building of houses, roads, and infrastructure. Besides erasing the rural landscape of grazing cattle and red wooden barns, the loss of prime farmland could hit food production in one of the world’s biggest suppliers of wheat, por... Read more...
Maharashtra Film, Stage and Cultural Development Corporation (MFSCDC), better known as the Dadasaheb Phalke Chitranagari or Film City in Mumbai’s Goregaon, has invited expression of interest (EoI) for the development of infrastructure at its premises. The state government-owned company has issu... Read more...
Toronto has ranked high on numerous lists including the 5th best city in the world for millennials, one of the world's best city brands and now we are climbing to the top of another list. According to this year's Nestpick Work-from-Anywhere Index reported that Toronto has been ranked as the 12th top... Read more...