

TVS Emerald Acquires 7.18 Acre in Bengaluru for Rs 7 Bn Housing Project
TVS Emerald, the real estate division of the TVS Group, has acquired a 7.18-acre prime land parcel near Rayasandra Lake in southeast Bengaluru to develop a premium residential project. The company anticipates the project will generate revenue exceeding Rs 7 billion.This acquisition marks TVS Emerald’s seventh major land purchase in Bengaluru, underscoring its increasing focus on the city as a key real estate market. The location near Rayasandra has been noted for its strategic advantage due to its proximity to Bengaluru’s IT corridor and ongoing infrastructure improvements, which are expec..

Schneider Electric to Establish New Manufacturing Plant in Tamil Nadu
Schneider Electric, a global leader in energy management and automation, has announced plans to establish a new advanced manufacturing facility in Hosur, Tamil Nadu. The 500,000-square-foot plant, situated at Horizon Industrial Park near Shoolagiri along the Bangalore–Chennai highway, will support the company’s IT Business division by focusing on the production of Battery Management Systems (BMS), including Uninterruptible Power Supply (UPS) systems, Power Distribution Units (PDU), and cooling solutions.The project will be carried out in two phases in partnership with Horizon Industrial Pa..

Supreme Infrastructure India Secures Rs 4.50 Bn Contract Win
Supreme Infrastructure India has secured a significant turnkey construction contract worth Rs 4.50 billion for the development of a Project Affected Persons (PAP) housing complex located in Powai, Mumbai. This housing complex is part of a broader, large-scale redevelopment initiative being undertaken by BSS Property Ventures and Rajeshwar Property Ventures, both of which are majority-owned by investment funds managed by Brookfield, a global asset management company.The contract involves the execution of Phase 1 of the redevelopment project, with Supreme Infrastructure India Limited appointed a..