Macleods Pharmaceuticals' purchases Juhu property for Rs 3.32 billion

15 Sep 2022 CW Team

In two separate deals, Agarwal Holdings, a group business of pharmaceutical manufacturing firm Macleods Pharmaceuticals, paid Rs 3.32 billion for a nearly two-acre land parcel and a building constructed on it in Mumbai's affluent Juhu neighbourhood.

Agarwal Holdings has now purchased a second property in Juhu. The business purchased a bungalow in this neighbourhood, which is filled with bungalows and homes owned by Bollywood celebrities and industrialists, last year. For this property, which is spread out over roughly 10,000 square feet, the company paid close to Rs 85o million.

The company's most recent acquisition consists of a 1.72 acre land piece with a building that is over 4,305 square feet on it. Since its incorporation in December 2020, Agarwal Holdings has acquired two properties in Juhu totaling more than Rs 4.17 billion.

Also read:
Sunteck Realty inks pact for 2.5 million sq ft project in Mira Road
Central Vista to be unveiled by PM Modi

Real Estate

29 Oct 2025

iWO(R)K

It is commonly believed that technology is the key differentiator between a smart and an ordinary workspace. While that is true on one level, it isn’t the whole truth. Conceptually, smartness as associated with an office has evolved from technological novelty to holistic sustainability, workplaces that not only perform but also inspire, explains Dikshu Kukreja, Managing Principal, CP Kukreja Architects. “A truly smart workplace is not simply a matter of embedding devices or automated systems; it is about creating an ecosystem that balances digital intelligence, ecological sensiti..

Bentley’s AI-Driven Infrastructure Vision

Kaushik Chakraborty, Senior Vice President, Asia Pacific & Japan, Bentley Systems, shares with PRATAP PADODE, Editor-in-Chief, CW, how Bentley is reshaping infrastructure. Through AI, model-centric workflows and innovation, technology is helping deliver projects faster, greener and more efficiently across regions.How does Bentley’s global strategy ensure its solutions meet diverse infrastructure needs?Bentley’s technology is designed to scale globally. Projects large and small – from a hotel in Udevo to a 350-km highway in Australia – demonstrate that technology is no bar..

Handling the Bottom Line

In a highly competitive construction environment, efficient material handling is “the silent engine of profitability”, to quote Vaibhav Kulkarni, General Manager Projects, JP Infra Realty. “It’s not just about moving materials from A to B but developing a strategy to minimise touchpoints, reduce waste and maximise spends.”Planning stageBefore investing in material, Kulkarni recommends designing the material flow. “Map the journey of major materials from the delivery point to their final placement,” he recommends. While doing this, “minimise double-handling and identif..