Oberoi Realty to develop 81.05 acres land in Alibaug

24 Dec 2024 CW Team

Oberoi Realty has executed an agreement for development of land measuring approximately 81.05 acres (3,28,010 sq m ), situated at village Tekali, Alibaug. Out of the above land, land measuring approximately 8.6 acres (34,803 sq m) will be earmarked and conveyed to the company for construction of high-end luxury star hotel or resort to the extent of FSI admeasuring 30,000 sq m. On the balance land admeasuring 72.45 acres (2,93,207 sq m), the company intends to construct approximately 150 high end, fully serviced, branded residential villas by consuming FSI of approximately 1,20,000 sq m.

Infrastructure Transport

16 Oct 2025

Servotech Wins 2.58 MW Solar Project From South Eastern Railway

Servotech Renewable Power System Ltd., one of India’s leading renewable energy companies, has secured a 2.58 MW grid-connected rooftop solar project from the South Eastern Railway, Ranchi Division. The contract marks another milestone in Servotech’s partnership with Indian Railways and underscores the continued confidence in the company’s technical expertise and execution capabilities. Under the agreement, Servotech will oversee the complete execution of the solar PV project, including design, manufacturing, supply, installation, testing, and commissioning of solar panels of varying cap..

WorkEZ Opens First Managed Office Centre In Bengaluru

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Lodha Acquires Rs 23 Billion Land For New MMR Housing Project

Real estate major Lodha Developers Ltd has acquired a land parcel in the Mumbai Metropolitan Region (MMR) during the July–September quarter to develop a housing project with a gross development value (GDV) of Rs 23 billion, strengthening its expansion drive in key urban markets. With this acquisition, Lodha Developers has achieved its FY26 land acquisition target, having secured multiple projects with a combined revenue potential of Rs 250 billion. In its Q2 FY26 operational update, the company stated: “In Q2 of FY26, we added one project with a GDV of Rs 23 billion in MMR.” Lodha did ..