DLF to Sell Kolkata SEZ and 17.75 Acres to Srijan Group

10 Feb 2026 CW Team

Developer DLF has agreed to sell a Kolkata information technology and information technology enabled services special economic zone and approximately 17.75 acres of adjoining land to Srijan Group for about Rs six point seven billion (bn).

The transaction price follows ongoing negotiations between the parties and reflects a strategic divestment of the asset from DLF's portfolio. The asset comprises an operational IT/ITeS SEZ located in an established commercial corridor of the city.

The sale is structured to transfer the SEZ and the adjacent land parcel in a single agreement and is intended to facilitate continued commercial use of the site under new ownership. Srijan Group will take control of development and leasing responsibilities once statutory clearances are obtained.

The transfer is expected to preserve existing tenancy arrangements and support technology occupiers in the local market. The buyer is expected to invest in upkeep and leasing to maintain the site's competitiveness.

The deal aligns with a broader industry trend of developers monetising non-core holdings to strengthen liquidity and prioritise portfolio capital for core residential and commercial projects. Transactions of this nature typically accelerate project funding and can reduce leverage for the seller.

The parties have indicated that completion remains subject to customary corporate and regulatory approvals and the satisfaction of agreed conditions precedent. Timelines for closing will depend on receipt of those approvals and customary statutory formalities.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..