DMart Acquires Chandivali Land for Rs 1.17 Bn

14 May 2024 CW Team

Retail giant DMart has finalised the acquisition of land in Mumbai's Chandivali area for a total sum of Rs 1.17 billion. This strategic move is expected to bolster DMart's presence in the competitive retail market of Mumbai and further strengthen its foothold in the region.

The acquisition underscores DMart's commitment to expanding its retail footprint and catering to the growing consumer demand in Mumbai. With its reputation for offering quality products at competitive prices, DMart is well-positioned to capitalise on the lucrative retail opportunities in Chandivali and surrounding areas.

The purchase of land in Chandivali reflects DMart's long-term growth strategy and its focus on establishing a strong presence in key markets across India. By investing in prime real estate assets, DMart aims to create value for its shareholders and enhance its competitive advantage in the retail sector.

Overall, DMart's acquisition of land in Chandivali signifies a significant milestone in its expansion journey and reaffirms its position as a leading player in the Indian retail industry. The move is poised to contribute to DMart's growth trajectory and strengthen its market position in Mumbai's dynamic retail landscape.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..