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GVK Power and Infrastructure has bagged the bid for the Rs.2,815 crore Shivpuri-Dewas national highway project in Madhya Pradesh, by offering a premium of Rs.180.90 crore.
A day after the Noida Authority clinched a deal with the agitating farmers, the farmers of the villages along the Yamuna Expressway held a ‘panchayat’ in Gautam Buddha Nagar district on Sunday, July 31, and demanded higher compensation for their land.
Talks between farmers of Patwari village and the Greater Noida Industrial Development Authority has failed with the GNIDA refusing to accept their demand for a hike in compensation.
US-based investment firm Xander Group will invest Rs.240 crore in construction and civil engineering major HCC Infrastructure.
AIG Global Real Estate (AIG GRE), the real estate fund of the global financial major, is looking to exit two projects of Bangalore-based RMZ and raise around $450 mn.
Gujarat will soon have its own Disneyland-style park that could be bigger than the Disneylands in California, Paris or Tokyo.
Interstate Hotels & Resorts, announced that JHM Interstate Hotels India, a 50/50 joint venture management company between Interstate and JHM Hotels, has signed contracts to operate two more hotels in India.
Hyatt Hotels Corporation announced on Monday, August 1, the opening of Grand Hyatt Goa on India’s west coast.
About two lakh houses are likely to be constructed in the National Capital Region in the next 2-3 years, notwithstanding the recent land acquisition crisis in Greater Noida.
India’s largest textile firm, Alok Industries Ltd is divesting its real estate portfolio to ease debt.