Godrej Buys 14-Acre Land in Pune for Housing

02 Jun 2025 CW Team

Godrej Properties Ltd has acquired a 14-acre land parcel in the Kharadi–Wagholi area of Pune, with plans to develop premium group housing. The project is expected to yield around 3.7 million square feet of saleable space and generate estimated revenue of approximately Rs 42 billion.

Strategically located near major commercial hubs in Kharadi, the site offers connectivity to key infrastructure such as schools, hospitals, shopping centres, and the Chhatrapati Sambhaji Maharaj International Airport. The Kharadi–Wagholi micro-market is witnessing strong demand driven by its proximity to IT and business zones, making it a prime residential destination in Pune.

Gaurav Pandey, Managing Director and CEO of Godrej Properties, said, “Kharadi–Wagholi is among Pune’s most sought-after residential areas. This acquisition strengthens our presence in Pune and aligns with our broader strategy to expand across key micro-markets in India. We aim to deliver a high-quality development that provides lasting value to its residents.”

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..