November 2022

Adani Realty bags Rs 5,069 crore Dharavi redevelopment project

Gautam Adani- led Adani Properties on Tuesday won the shot for the addition of Dharavi, the alternate- largest slum colony in Asia, reported Moneycontrol. The Maharashtra government authorities, on November 29, opened the fiscal flings for the Dharavi redevelopment design which...

Haryana govt nod for Metro extension between Palam Vihar and Dwarka Sector 21

According to the DPR, the spur or metro extension connecting Rezangla Chowk in Palam Vihar and Dwarka Sector 21 station will be 8.4km long, of which 5km will be in Gurugram -- from Palam Vihar to Sector 111 -- and the remaining 3.4km in Delhi A government spokesperson said Haryana will bear ₹1,541 crore of the project cost, while the remaining will be borne by the Centre. According to the DPR,...

Bajghera underpass to be ready by December, Dwarka e-way by March

A senior NHAI official said a key challenge for the contractor would be to give finishing touches to the project as that is very labour intensive and time consuming. “Putting up signboards, streetlights, and marking key stretches and other works take time. Additional resources will have to be mobilised to complete these works,” he said The Dwarka Expressway project contractor on Friday said they will...

Smartworld Developers raises ₹250cr from Motilal Oswal for existing housing projects, future growth

Realty firm Smartworld Developers Pvt Ltd has raised ₹250 crore from Motilal Oswal to build existing housing projects and fund future growth plans.  Smartworld Developers, which has been set up by promoters of M3M Group in 2021, in October last year announced an investment of around ₹3,000 crore to develop the company's first two residential projects in Gurugram. The funding...

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