Tribeca, Tricon to partner to build luxury housing project in Pune

23 Jun 2022 CW Team

Realty firm Tribeca Developers tied up with Tricon Infra Buildtech to build a luxury housing project in South Pune costing around Rs 525 crore, which forms a part of its expansion plan.

On Thursday the Mumbai-based company launched the project 'YOO ONE' in partnership with Tricon Infra. The two partners would be constructing 286 apartments under this project in two phases.

The price of an apartment will range from Rs 1.9 crore to Rs 3.6 crore. Tribeca Developers founder Kalpesh Mehta said that Tribeca brought the Trump brand to India. They have now joined another global brand YOO for their new project.

Tricon Infra has the ownership of the 6.75 acres of land, and Tribeca is the development manager of the new project. While YOO is a brand partner.

'The total project cost with the land cost is Rs 525 crore. The cost of construction is approximately Rs 450 crore. The total investment would be funded via equity, debt, and advances from their customers against sales.

Tricon Managing Director, Brajesh Singh said that the project would be completed in the up coming four years. Singh mentioned that Tricon Infra has executed 35 projects as contractors and this is their first project as a developer.

The project will be the third YOO brand third project in Pune and the fifth in the country. Sussanne Khan will be the interior designer for the project.

Image Source

Infrastructure Energy

25 Jun 2026

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..