Trident Realty Raises Rs 12 Bn via Asset Sale in Noida

23 Apr 2024 CW Team

Trident Realty, a prominent player in the real estate sector, has successfully raised Rs 12 billion through the sale of assets in Noida. This significant transaction underscores the company's efforts to optimise its financial position and strengthen its liquidity amidst evolving market conditions.

The proceeds from the asset sale are expected to bolster Trident Realty's financial capabilities and support its ongoing and future development projects. The successful transaction reflects investor confidence in the company's projects and its ability to deliver value in the competitive real estate market.

Trident Realty's ability to raise substantial funds through the sale of assets highlights its strategic approach to financial management and asset optimization. The infusion of capital is poised to accelerate the company's growth trajectory and enhance its market presence in Noida and beyond.

The transaction also signifies a positive development for the real estate sector in Noida, demonstrating continued investor interest and confidence in the region's growth prospects. It underscores Noida's status as a preferred destination for real estate investment and development opportunities.

Overall, Trident Realty's successful asset sale reaffirms its position as a key player in the Indian real estate market. The infusion of Rs 12 billion is expected to fuel the company's expansion plans and contribute to the overall growth and development of the sector.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..