Property costs likely to increase by 5-10% in 2022: Anarock

NACDAC Reports 34% Revenue Growth in FY25

NACDAC has reported a strong financial performance for the fiscal year ending March 2025, with revenue from operations reaching Rs 48.58 billion, up 33.84 per cent from Rs 36.30 billion in FY24. EBITDA rose 36.10 per cent year-on-year to Rs 6.76 billion, while profit after tax increased by 38.97 per cent to Rs 4.14 billion. The company’s net worth more than doubled to Rs 24.29 billion, compared to Rs 11.90 billion the previous year.The company attributes this performance to enhanced execution capabilities through investments in advanced technology, modern equipment, and a skilled workforce. ..

Torrent Signs LNG Deal With BP Singapore

Torrent Power Ltd (TPL) has entered into a long-term Sales and Purchase Agreement with BP Singapore Pte. Ltd., a subsidiary of global energy major bp, for the supply of up to 0.41 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG) from 2027 to 2036.The LNG secured under this agreement will be used strategically by TPL to power its 2,730 MW combined cycle gas-based power plants (GBPPs) across India. These plants play a critical role in addressing peak electricity demand, supporting renewable integration, and maintaining grid stability.Additionally, the LNG will cater to the ..

EFC Wins More PSK Projects, Expands Hyderabad Presence

EFC (India) Limited has announced significant progress under its ongoing rate contract for Passport Seva Kendra (PSK) infrastructure projects. Following the near completion of its PSK project in Ahmedabad, the company has secured two additional contracts in Hyderabad, further solidifying its partnership with the national Passport Seva initiative.These new contracts underline EFC’s expertise in delivering large-scale, integrated turnkey interior solutions. The Ahmedabad facility, now nearing completion, has demonstrated EFC’s capacity to execute projects with innovation, efficiency, and att..