D B Realty wins legal case concerning land in Mumbai

03 Mar 2022 CW Team

D B Realty told the media that it has won a legal case regarding the title of land owned by the company in Mumbai and will now develop a 2 million sq ft office complex in Mumbai.

D B Realty informed that its subsidiary, Esteem Properties, has about 22,000 sq m of land at Andheri East in Mumbai and was the issue of Public Interest Litigation (PIL).

Earlier in 2010, High Court (HC) at Mumbai had ruled against Esteem. Esteem Properties subsequently preferred an appeal against the High Court’s order before the Supreme Court (SC).

The company said that Supreme Court vide order dated 28 February 2022 has interalia allowed Esteem’s appeal.

According to the Supreme Court, the company said that the freehold vacant land of about 22,000 sq m situated in the commercial zone is now available to Esteem for development. According to a statement, the company plans to develop the subject land into a 2 million sq ft leasable area of Grade A office space in the next three years.

Image Source

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..