Suraj Estate Developers Acquires Dadar West Land For Redevelopment

22 Apr 2026 CW Team

Suraj Estate Developers has acquired a parcel of land in Dadar West as part of a planned redevelopment project that the company said will replace ageing structures with a modern mixed use development. The site is in a well established residential and commercial pocket of central Mumbai and the company said the acquisition advances its strategy of redevelopment in established neighbourhoods. The statement said statutory approvals will be sought from the municipal authorities and that the firm will engage with local stakeholders during the planning phase.

The redevelopment project will aim to upgrade housing stock and create additional retail and community amenities while improving circulation and utility infrastructure. The developer indicated that design work will prioritise sustainable features and enhanced safety standards to meet current building codes. The company also said it will consult with existing residents and leaseholders to address resettlement and rehabilitation requirements in accordance with applicable regulations.

The release did not disclose the consideration paid for the land or a detailed funding plan. Company officials said that final design approvals and statutory clearances will be completed before major construction begins and that timelines will be set once those approvals are in place. The developer said it will work with consultants and contractors to finalise project schedules and will provide updates as milestones are reached.

The move reflects a broader trend of redevelopment activity in central city suburbs where land scarcity and ageing buildings are driving investment in renewal projects. Suraj Estate Developers said the project is aligned with its longer term objective to expand its redevelopment portfolio in Mumbai and to focus on delivering modern living environments. The company said it will adhere to regulatory requirements and engage with municipal bodies to ensure compliance and community consultation.

Infrastructure Urban

22 Apr 2026

AMTOE 2026 Opens Global Machine Tool Sourcing Hub

The Asian Machine Tool Online Exhibition 2026 (AMTOE 2026) has officially opened as a B2B sourcing platform connecting global buyers with verified Asian suppliers across the machine tool and manufacturing sector. The exhibition will run until 31 October 2026 through a hybrid online and offline model, offering extended sourcing and business networking opportunities.Co-organised by AsianNet and TradeAsia, the event aims to strengthen links between Asian manufacturers and international importers while improving cross-border procurement efficiency and supplier matching.Since launching in 2022, AMT..

Vedanta Lifts Renewable Energy Use by Over 50%

On World Earth Day, Vedanta Limited announced that its renewable energy usage rose by over 50 per cent year on year to 3.97 billion units in FY26, helping avoid 3 million tonnes of carbon dioxide emissions.The company said its portfolio of metals, minerals, power, and oil & gas continues to support advanced manufacturing, electrification, energy transition and clean technology. Aluminium, copper and silver remain critical for applications such as mobility, power transmission, renewable infrastructure and solar photovoltaics, while iron, steel and zinc continue to support energy infrastruct..

Sunteck Realty Reports Strong FY26 Growth

Sunteck Realty reported strong growth in the fourth quarter and full year of FY26, with revenue rising to about Rs 3.39 billion in Q4 and Rs 11.24 billion for the year, up 65 per cent and 32 per cent year on year, respectively. EBITDA stood at about Rs 970 million in Q4 and Rs 3.05 billion in FY26, while profit after tax rose to about Rs 630 million and Rs 2.02 billion, respectively.Operationally, pre-sales increased to about Rs 10.64 billion in Q4 and Rs 31.57 billion in FY26, while collections reached about Rs 4.32 billion and Rs 14.33 billion, respectively. Net cash flow surplus for FY26 ro..