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DLF & Shapoorji vs. Hubtown & PNB: Mumbai Project Clash
Real Estate

DLF & Shapoorji vs. Hubtown & PNB: Mumbai Project Clash

DLF and Shapoorji Pallonji, two prominent real estate giants, have initiated legal action against Hubtown and PNB in connection with a contentious project in South Mumbai. The dispute, now before the High Court, centres on a significant development venture. Both DLF and Shapoorji Pallonji, renowned for their contributions to India's real estate sector, allege contractual violations and demand a fair resolution. The legal battle has drawn attention in the real estate community and raises questions about project transparency and adherence to agreements. This development may have lasting implications for the industry. Stay tuned for the High Court's decision, which will influence the future of the South Mumbai project.

DLF and Shapoorji Pallonji, two prominent real estate giants, have initiated legal action against Hubtown and PNB in connection with a contentious project in South Mumbai. The dispute, now before the High Court, centres on a significant development venture. Both DLF and Shapoorji Pallonji, renowned for their contributions to India's real estate sector, allege contractual violations and demand a fair resolution. The legal battle has drawn attention in the real estate community and raises questions about project transparency and adherence to agreements. This development may have lasting implications for the industry. Stay tuned for the High Court's decision, which will influence the future of the South Mumbai project.

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Infrastructure Transport

Digital Push For Ports With DCoE And SAGAR SETU

The Ministry of Ports, Shipping and Waterways has signed a Memorandum of Understanding with the Centre for Development of Advanced Computing (C-DAC) to establish a Digital Centre of Excellence (DCoE) for India’s maritime sector. The initiative aims to accelerate digital transformation across ports and shipping through advanced IT solutions, promote innovation, and support the sector’s modernisation.As part of its digitalisation push, the Government has launched the SAGAR SETU platform to enhance operational efficiency, productivity, and ease of doing business across Indian ports. The platf..

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Infrastructure Transport

272 Sagarmala Connectivity Projects Identified

A total of 272 road and rail connectivity projects have been identified under the Sagarmala Programme to enhance port-led development in India. These projects are being implemented by various agencies including the Ministry of Road Transport and Highways, the Ministry of Railways, Major Ports, and private concessionaires. Of these, 74 projects have been completed, 67 are under implementation, and 131 remain in the development phase.To ensure effective coordination and strategic oversight, a National Sagarmala Apex Committee has been established to provide overall policy direction and to review..

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Infrastructure Energy

India Pushes Offshore Oil Drive With Rs 180 Billion Mission

India is witnessing renewed momentum in oil and gas exploration, especially offshore, as it aims to tap vast untapped hydrocarbon reserves. In a written reply to a starred question in the Rajya Sabha, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri highlighted that nearly one million square kilometres of previously restricted offshore areas were opened in 2022, unlocking key deepwater frontiers such as the Andaman-Nicobar (AN) basin.Since 2015, 172 hydrocarbon discoveries have been reported by Exploration and Production (E&P) companies, including 62 offshore. The AN basin, ..

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