Prestige Group acquires 22,135 sq m land in Mira Bhayandar

18 Nov 2024 CW Team

Prestige Estates Projects has acquired 22,135 sq m of land together with all rights within the jurisdiction of Mira Bhayandar Municipal Corporation, Mumbai. The acquired land will be planned for residential development spanning approximately one million sq ft of carpet area. The cost of acquisition is around Rs 2.91 billion. The company achieved a total sales of Rs 42.26 billion for Q2 FY25, bringing its first half of FY25 sales to Rs 70.52 billion. In terms of sales volumes, it recorded three million sq ft in Q2 with the half year, total reaching 5.87 million sq ft. It sold 1,356 units this quarter, summing up to 2,730 units sold for the first half of FY25.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

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BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

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L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..