Construction

HCC sells 58.30 acre land parcel in Panvel for ₹95 crore

HCC sells 58.30 acre land parcel in Panvel for ₹95 crore

Hindustan Construction Company (HCC) has sold a 58.30-acre land parcel in Panvel in Raigad district near Mumbai to a Uran-based construction company for ₹95 crore as part of its plan to monetize its assets under a resolution plan worked out with 23 lenders. Representational photo The 2,36,890 sq m land parcel was put on the block for e-auction as part of the monetisation plan and...

Brigade Group signs JDA for office space in Bengaluru with ₹500 cr dev value

Brigade Group signs JDA for office space in Bengaluru with ₹500 cr dev value

Brigade Group has entered into a Joint Development Agreement (JDA) to develop a premium Grade A office space in Bengaluru’s Central Business District, with a development value of ₹500 crore. Bengaluru(Shutterstock) The developable area of the project is around 0.20 million square feet, the company said. Stay tuned with breaking news on HT Channel on Facebook. Join Now “This development...

HCC sells 58.30 acre land in Panvel for ₹95 crore

HCC sells 58.30 acre land in Panvel for ₹95 crore

Hindustan Construction Company (HCC) has sold a 58.30-acre land parcel in Panvel in Raigad district near Mumbai to a Uran-based construction company for ₹95 crore as part of its plan to monetize its assets under a resolution plan worked out with 23 lenders. The 2,36,890 sq m land parcel was put on the block for e-auction as part of the monetisation plan and Uran-based Oak and Stone...

Provident Housing to launch 5.8 mn sq ft of inventory worth ₹3,800 crore

Provident Housing to launch 5.8 mn sq ft of inventory worth ₹3,800 crore

Bengaluru-based real estate developer Puravankara Limited’s community housing arm, Provident Housing Limited, is expected to launch 5.8 mn sq ft of inventory worth ₹3,800 crore by end of the fiscal in markets such as Bengaluru, Kochi, and Chennai, the company’s chief executive officer Mallanna Sasalu said on December 6. Provident Housing CEO Mallanna Sasalu. The company has launched...

Oberoi Realty completes acquisition of land parcel in Thane for around ₹196 cr

Oberoi Realty completes acquisition of land parcel in Thane for around ₹196 cr

Listed real estate company Oberoi Realty has completed the acquisition of a 6.4 acre land parcel in Thane, near Mumbai, for around ₹196 crore, the company said in a regulatory filing. Oberoi Realty has entered into a Memorandum of Understanding (MOU) with NRB Bearings Limited (NRB) for acquiring the lands located at Pokhran Road 2, Thane, Maharashtra, along with the structure, it said....

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