Rs.1 billion per acre: Hyderabad land sale achieves a new benchmark
Real Estate

Rs.1 billion per acre: Hyderabad land sale achieves a new benchmark

Hyderabad's land market has set a remarkable milestone, witnessing land sales surpassing Rs.1 billion per acre in a recent government bid. Rajapushpa Properties' Happi Heights Neopolis got 3.6 acres...

Hyderabad's land market has set a remarkable milestone, witnessing land sales surpassing Rs.1 billion per acre in a recent government bid. Rajapushpa Properties' Happi Heights Neopolis got 3.6 acres for about Rs.3.627 billion. In a separate bid, Navartis Investment, owned by Rajapushpa, acquired 6.5 acres for Rs.755 million per acre. While Phase 1's highest bid hit was Rs.600 million in July 2021 the latest round averaged over Rs.700 million, up from the previous average of `400 million. The auction of over 45 acres in Neopolis Phase 2 garnered Rs.33.196 billion, surpassing the Rs.20 billion target.

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World Cement Association's Comment on Linking UK and EU carbon markets

Fabien Charbonnel, Director at the World Cement Association (WCA) and Directeur Général, Cem’In’Eu comments, “I believe a unified carbon market reduces the risk of competitive distortion and encourages fairer competition across borders. Consistent carbon pricing mechanisms promote efficiency and provide clarity for businesses operating internationally. For UK-based cement producers, alignment could remove disadvantages when exporting to the EU if UK carbon prices exceed those in Europe. However, it is worth noting that EU producers exporting to the UK would similarly benefit from great..

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Combilift and CMETB Celebrate 10 Years of OEM Engineering Traineeship

This week saw a landmark celebration at Combilift’s global headquarters in Monaghan, marking the 10th anniversary of the highly successful OEM Engineering Traineeship—a collaborative initiative between Combilift and the Cavan and Monaghan Education and Training Board (CMETB). The event, which welcomed past graduates, current trainees and local educators, underscored the programme’s evolution from a local skills initiative to a cornerstone of regional industrial development.Launched in 2015, the OEM Engineering Traineeship was born from a shared vision to tackle the skills gap in engineer..

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Aerem and OMC Power to Fund Rs 2 Billion for Solar Rooftop Adoption

Aerem Solutions and OMC Power have entered into a strategic partnership to unlock Rs 2 billion in financing for rooftop solar solutions targeted at India’s Micro, Small, and Medium Enterprises (MSMEs) in Uttar Pradesh. The collaboration is designed to scale solar adoption among MSMEs by providing access to affordable finance, supporting India’s transition toward a low-carbon economy.Under this agreement, Aerem through its NBFC, will enable credit facilities of Rs 2 billion to OMC Power’s customers, enabling MSMEs to invest in energy-efficient solar systems with easy financing solutions. ..

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