Gaurs Group, Elematic Sign MoU For Precast Facility
Gaurs Group has signed a Memorandum of Understanding with Elematic India, the Indian arm of Finland-based Elematic Group, to establish a precast manufacturing facility in Noida. The agreement marks a step towards adopting technology-led construction systems across the developer’s residential projects. The MoU was signed in the presence of Finland’s Prime Minister Petteri Orpo and Ambassador Kimmo Lähdevirta. The agreement was formalised between Veshesh Gaur, Director, Gaurs Group; Chander Dutta, Managing Director, Elematic India; and Teppo Voutilainen, CEO, Elematic Oyj, Finland. Gaurs ..
Gaurs Group, Elematic Sign MoU For Precast Facility
Gaurs Group has signed a Memorandum of Understanding with Elematic India, the Indian arm of Finland-based Elematic Group, to establish a precast manufacturing facility in Noida. The agreement marks a step towards adopting technology-led construction systems across the developer’s residential projects. The MoU was signed in the presence of Finland’s Prime Minister Petteri Orpo and Ambassador Kimmo Lähdevirta. The agreement was formalised between Veshesh Gaur, Director, Gaurs Group; Chander Dutta, Managing Director, Elematic India; and Teppo Voutilainen, CEO, Elematic Oyj, Finland. Gaurs ..
NCW Prime Offices Fund Acquires Pune Office Asset
Prime Offices Fund (PRIME), a commercial real estate–focused fund managed by Nuvama and Cushman & Wakefield Management Private Limited (NCW), has acquired TenSteps, a Grade A+ office development in Kharadi, Pune. The transaction marks the fund’s entry into its third city and expands its multi-city office portfolio. The approximately 1.1 million sq. ft development is IGBC LEED Platinum pre-certified. The asset has been acquired through a joint venture structure, with PRIME holding a 51 per cent stake and Keppel retaining the remaining share. Following the acquisition, PRIME’s portfol..

