Smartworld Developers expect sales worth Rs 2.5 bn from retail project

17 Nov 2022 CW Team

The 100,000 sq ft Smartworld Orchard Street complex, developed by Smartworld Developers, opened in Gurugram. The project is expected to bring in a top line of Rs 2.5 billion for the corporation.

Unit sizes in the three-story project range from 500 sq ft to 12,000 sq ft.

The company also leased 15,000 sq ft of space on the third floor to Big Fish Ventures for food and beverage outlets on the first day.

Big Fish Ventures, a hospitality company based in Delhi, manages well-known dining establishments like The Junkyard Cafe, Key Night Club, GaramDharam, and Local.

At Sector 61, Golf Course Road (Extn), Smartworld Orchard Street is flanked by a number of residential developments and an IT Special Economic Zone (SEZ) with a catchment of about 200,000 people.

The facility will immediately serve more than 8,000 people because it is so close to Smartworld's residential development.

Recently, Smartworld Developers revealed that MotilalOswal had invested Rs 2.5 billion in the company. The money will be used as expansion capital.

Also read:
TSF and Odisha partner up for Jaga Mission
The intelligent Net Zero design to generate 30 per cent surplus

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..