ANAROCK Capital closes sale of 41-acre land parcel in NCR
Real Estate

ANAROCK Capital closes sale of 41-acre land parcel in NCR

In a major land deal in NCR, ANAROCK Group has closed the sale of a 41-acre land parcel on the Ballabhgarh-Sohna Highway. Pardos Logistics, a subsidiary of Pardos Real Estate, a development platform incubated by the DMI Group’s Alternative Investment Fund, will utilise this land parcel to dev...

In a major land deal in NCR, ANAROCK Group has closed the sale of a 41-acre land parcel on the Ballabhgarh-Sohna Highway. Pardos Logistics, a subsidiary of Pardos Real Estate, a development platform incubated by the DMI Group’s Alternative Investment Fund, will utilise this land parcel to develop 1 million sq ft of prime warehousing space. The prevailing land prices around the Ballabhgarh-Sohna Highway region range from ₹1.4 to 1.5 crore/acre. Over 70% of the modern warehousing capacity in India is concentrated in the top eight cities of MMR, NCR, Bengaluru, Kolkata, Hyderabad, Chennai, Ahmedabad, and Pune.Contact: ANAROCK Property ConsultantsE-mail: marketing@anarock.comTel: 022-4293 4293Website: anarock.com 

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Real Estate

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Infrastructure Transport

Railways Sanctions Rs 396 mn for Doubling Ranaghat-Bangaon Line

The Railway Board has approved Rs 396.04 million for the doubling of the Ranaghat-Bangaon rail line in West Bengal. This project aims to reduce congestion in the current section, which is operating at 114 per cent of its capacity. By doubling the 32.93 km stretch, the railways intend to improve the movement of both freight and passenger trains, benefitting the local districts of Nadia and North 24 Parganas.The Ranaghat-Bangaon section is part of Eastern Railway’s Sealdah division. Ranaghat Junction is a key station on the Sealdah-Krishnanagar-Lalgola line, while Bangaon Junction connects to ..

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