Agarwal Holdings Acquires Rs 4.55 billion Juhu Land Parcel

11 Dec 2024 CW Team

Agarwal Holdings Private Limited has acquired a prime land parcel in Mumbai's upscale Juhu locality for Rs 4.55 billion, as per Square Yards. The property was purchased from Shapoorji Pallonji Gwalior Private Limited, part of the Shapoorji Pallonji Group. Spanning approximately 1,819.90 square meters (19,589.22 square feet), the deal was finalised and registered in November 2024. The transaction incurred a stamp duty of Rs 273 million and registration charges of Rs 30,000. Anand Moorthy, Co-founder and CBO of Square Yards, noted Mumbai's enduring allure for commercial and residential investments. He highlighted that limited land availability and escalating property values continue to make key hubs like Juhu, Bandra-Kurla Complex (BKC), and other Western and Southern Mumbai locations highly desirable for luxury real estate and commercial ventures. Juhu's appeal as a premium residential destination is bolstered by its coastal charm, proximity to the international airport, luxury housing options, and robust social infrastructure. Its reputation as a celebrity haven adds to its exclusivity, with high-net-worth individuals drawn to its proximity to Juhu Beach and upscale amenities. Agarwal Holdings Private Limited, founded on December 11, 2020, operates as a private entity supporting financial institutions through auxiliary financial services. Registered with the Registrar of Companies in Mumbai, the company specialises in providing essential support to banks, investment firms, and insurance companies. (FreePressJournal)

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..