SILA purchases Forbes Facility Services from the Shapoorji Pallonji Group

27 May 2022 CW Team

Rushabh Vora, SILA's Co-Founder and CEO, announced that SILA purchased Forbes Facility Services from the Shapoorji Pallonji Group in an all-cash sale.

SILA's facilities management services division will have a stronger foothold in North India as a result of this purchase. This year, the merged firm is likely to generate over Rs 600 crores in income. This transaction cost SILA Rs 42 crore.

With over 100 million sq ft of real estate under management and 15,000+ workers across India, the merged company would be among the industry's largest Indian-owned service providers.

The Co-Founder and CEO said that they are confident in cooperating to gain from synergies across regions and sectors.

He said the experience of the new staff, along with their patented technology, SILA Connect, will allow them to grow quickly.

Vora added that this transaction will help them extend their portfolio in India's high-growth industrial, manufacturing, and warehousing sectors.

Vinay Deshmukh, CEO of Forbes Facilities Services, told the media that they have been a part of the Shapoorji Pallonji group, which offers a rich history of lineage, policy, and support.

He said they commit to carrying forth the concept of Friend For Life for their clients and stakeholders as a direct descendent of Eureka Forbes.

SILA has risen at a CAGR of over 60% during the previous decade. The company revealed that it would continue to develop at a rapid rate through organic and inorganic means.

Image Source

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..