Sachin Tendulkar's Company Leases Two Apartments in Mumbai's Bandra

22 Dec 2023 CW Team

In a strategic move, a subsidiary of Kalpataru Group successfully raises Rs 5.25 billion to support the completion of 10 residential towers in Mumbai. This financial injection underscores the dedication to advancing ongoing real estate projects and emphasises the crucial role of substantial funding in ensuring the timely and successful delivery of projects in the competitive market.

The funding secured by Kalpataru Group's subsidiary is expected to be instrumental in overcoming financial challenges and expediting the completion of the 10 residential towers. Timely project completion is not only essential for meeting buyer expectations but also plays a pivotal role in maintaining the developer's reputation and sustaining momentum in the dynamic real estate sector.

This development reflects the continued confidence in the real estate market, with investors showing interest in supporting established developers like Kalpataru Group in their endeavours. The financial backing is likely to contribute to the progress of the residential projects, meeting the evolving demands of homebuyers and adding to the vibrancy of Mumbai's real estate landscape.

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

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UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..