Pharmaceutical Mogul's Family Invests ?9.5 Million in Luxury Worli Apartments

28 Nov 2023 CW Team

In a notable development within Mumbai's real estate realm, the family of BDR Pharmaceuticals' Chairman and Managing Director has recently concluded a substantial acquisition. The distinguished pharmaceutical magnate's relatives have invested a remarkable Rs 81 crore (?9.5 million) in acquiring lavish apartments situated in the esteemed Worli area of Mumbai. This strategic move reflects not only the family's penchant for luxurious living but also underscores the robust and dynamic nature of Mumbai's residential property market, particularly in coveted locales like Worli. The acquisition aligns with the family's commitment to quality living and sound investment strategies, showcasing their confidence in the enduring value of premium real estate. The substantial financial commitment of Rs 81 crore signals a growing trend of high-net-worth individuals recognising Mumbai's real estate market as a stable and lucrative investment avenue. This transaction not only contributes to the family's expanding property portfolio but also adds a noteworthy chapter to the ongoing narrative of Mumbai's flourishing real estate landscape.

Infrastructure Transport

24 Oct 2025

Bengaluru Unveils Rs 1,200 Bn Infra Upgrade Plan

Bengaluru is set to receive a massive infrastructure boost worth Rs 1,200 billion under new projects planned by the Karnataka government to enhance urban mobility and connectivity. The initiative includes the expansion of the city’s metro network, construction of tunnel roads, elevated corridors, and 500 km of white-topping works to improve road durability. The Bruhat Bengaluru Mahanagara Palike (BBMP) and Bengaluru Metro Rail Corporation Limited (BMRCL) will jointly execute the projects. Key projects include tunnel roads between Hebbal and Mekhri Circle, 25 new signal-free corridors, and ..

Cochin Shipyard delivers first indigenous ASW vessel ‘Mahe’ to Navy

Cochin Shipyard Limited (CSL) has delivered INS Mahe, the first indigenous Anti-Submarine Warfare Shallow Water Craft (ASW SWC), to the Indian Navy. The vessel is part of an eight-ship series being constructed under the Navy’s “Atmanirbhar Bharat” initiative to strengthen coastal defence capabilities. Designed and built entirely in India, Mahe features advanced sensors and weapon systems for detecting and neutralising underwater threats in coastal waters. The vessel underwent extensive sea trials before delivery, demonstrating high performance and manoeuvrability. This milestone reinfo..

Vedanta Group to invest Rs 1,000 billion more in Odisha projects

Vedanta Group has announced an additional investment of Rs 1,000 billion in Odisha to expand its operations across metals, energy, and downstream industries. Anil Agarwal, Chairman, made the announcement during the third edition of the Make in Odisha conclave, highlighting the state’s pivotal role in India’s industrial growth.The investment will focus on strengthening Vedanta’s aluminium and copper businesses, establishing new value-added facilities, and boosting employment in the region. The company already operates large-scale plants in Jharsuguda and Lanjigarh, contributing significan..