CDSL acquires 2 floors in Mumbai’s Marathon Futurex complex

21 Dec 2022 CW Team

Central Depository Services Ltd (CDSL) has acquired two floors of office space comprising over 46,000 sq ft carpet area in the Marathon Futurex commercial tower in Mumbai’s Lower Parel district for Rs 1.63 billion.

The company has paid stamp duty of Rs 97.90 million for the registration of the deals that took place on December 14.

As part of the deal, CDSL will also get exclusive use of 31 car parking slots in the commercial complex, showed the documents accessed through CRE Matrix, a real estate data analytics firm.

The developer Marathon Nextgen Realty has also launched a commercial tower in Mulund suburb of Mumbai and is planning another commercial tower at Byculla in Central Mumbai through a joint venture with Adani Realty, the listed company said in a regulatory filing.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..