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

Union Cabinet Approves Rs 36.53 Bn 4-lane Badvel-Nellore highway

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the development of a 4-lane highway between Badvel and Nellore in Andhra Pradesh, with a total estimated cost of Rs 36.53 billion.The project, spanning 108.13 km, will connect Badvel-Gopavaram Village (NH-67) to Guruvindapudi (NH-16) and is expected to enhance infrastructure and industrial linkages within the state, according to an official release.The statement further mentioned that the greenfield corridor will improve access to key industrial nodes in Andhra Pradesh and reduce the travel distance to Krishnapatnam Port by 3..

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Infrastructure Transport

BMC Completes Concretisation of 1,385 Roads, Full Access by June 5

The BMC announced that it has completed the concreting of 1,385 roads, which had been dug up before the monsoon for this purpose. The concrete curing process is expected to be finished by June 2, and all barricades will be removed by June 5, allowing the roads to reopen for traffic.In addition to completing the roadworks, officials have been instructed to ensure the removal of debris from the construction sites within the next two days.Out of the total 1,385 roads, 30 are partially completed with mastic asphalt, while most have been finished from end to end, and some roads have been completed ..

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Infrastructure Transport

Coimbatore Association Appeals to Centre for Six-Lane Nilambur Bypass Upgrade

The Coimbatore District Small Industries Association (CODISIA) has appealed to the Central government to upgrade the existing two-lane Nilambur bypass into a six-lane expressway, complete with service roads. They have also requested the construction of flyovers at major intersections to improve road safety and ease traffic congestion.In a letter addressed to the Union Minister for Road Transport and Highways, Nitin Gadkari, CODISIA president M Karthikeyan highlighted Coimbatore’s significant contribution to Tamil Nadu’s gross state domestic product, which amounted to Rs 2 trillion last yea..

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