This big builder enters Pune with a 2 billion investment

26 Jul 2022 CW Team

Recently, Merlin Group forayed into Pune with a focus on commercial and residential projects. Headquartered in West Bengal, the company also has units in Ahmedabad, Raipur, Chennai and Colombo. Saket Mohta, Managing Director, Merlin Group, shares more on the company’s plans and investments in Pune, its approach towards adopting the latest technology and skilling, expansion plans and more….

Tell us more about your recent announcement of investment of Rs 2,000 crore in Pune.
We will be investing Rs 2,000 crore in Pune in the next five years towards a number of commercial and residential projects. We have launched a boutique tower with offices and retail as a commercial project named Project 18 East in Koregaon Park Annexe, the business hub of Pune. We have acquired the development rights in a large parcel of land in Baner and have completed the planning of about 4 lakh sq ft of office spaces in upcoming projects and about 4.5 lakh residential area. We are working on developments with a mix of mid-segment and premium projects. Our next projects are coming up in the Wakar, Baner and Jambulwari areas. In Wakar, we will set up a mid-segment residential project of around 1.5 million sq ft with high street retail. In Baner, it will be a mix of A-grade commercial spaces and a premium residential project. In Jambulwadi, we are contemplating budget residential development.

To read the full article, CLICK HERE

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..