Tribeca Developers Secures Rs 200 Million Investment

15 Jan 2024 CW Team

Tribeca Developers has successfully secured a substantial investment of INR 200 million from HDFC Capital for its upscale housing project in Mumbai. The strategic collaboration aims to elevate the standards of luxury living in the city, with meticulous attention to detail and state-of-the-art amenities. This significant financial infusion reflects the confidence HDFC Capital has in Tribeca Developers' vision for the project, signifying a major milestone in the real estate landscape. The funds will be channelled towards advancing construction and ensuring the timely completion of this prestigious venture. As Mumbai continues to be a hotspot for upscale real estate, this partnership underscores the commitment to delivering unparalleled quality and sophistication in residential offerings. With the backing of HDFC Capital, Tribeca Developers is poised to redefine luxury living experiences in the vibrant city, catering to the discerning tastes of those seeking opulence in their homes

Infrastructure Transport

07 Apr 2026

Tunnelling Begins for Thane–Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..