Sheth Realty targets Rs 30 billion topline with new launches

09 May 2025 CW Team

Mumbai-based Sheth Realty has achieved over Rs 4 billion in sales from its debut residential project Promont in Sion within just nine months of launch. Fifty per cent of the inventory has already been sold in less than 20 per cent of the project lifecycle—an unusually swift absorption for the eastern suburbs.

The company also secured Rs 1.5 billion in funding from IndusInd Bank in January 2025 for seamless project execution. The success of Promont has catalysed the company’s expansion plans, with upcoming launches in Borivali, Dombivli, Versova, and Mulund.

These strategic developments are expected to push Sheth Realty’s topline beyond Rs 30 billion in FY 2025-26. “Promont reflects our focus on creating spaces aligned with evolving definitions of premium living,” said Chintan Sheth, CMD, Sheth Realty. MD Maulik Sheth added that customer-first values and sustainable design remain the foundation of their approach.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..