SPRE Targets Rs 8 Billion from Pune VANAHA Verdant Project
Shapoorji Pallonji Real Estate (SPRE) is targeting over Rs 8 billion in revenue from its upcoming premium housing development, VANAHA Verdant, located in Pune. The project is part of SPRE’s 1,000-acre integrated township near Bavdhan and will be developed over five acres.The VANAHA Verdant project will comprise 600 residential units with around 1 million sq. ft. of saleable area. While SPRE has not disclosed the total project cost, the development is expected to significantly bolster the company’s portfolio in Pune’s upscale housing segment.According to Sriram Mahadevan, CEO of SPRE and ..
Aequs Infra to Invest Rs 20 Billion in South India Expansion
Aequs Infra, a major developer of large-format industrial clusters, has unveiled plans to develop 12 million sq. ft. of warehousing and manufacturing infrastructure across Tier-1 and Tier-2 cities in South India, with an estimated investment of over Rs 20 billion.The project, with an average construction cost of Rs 2,000 per sq. ft., will include 50–100 acre parks primarily focused on manufacturing-led growth. Of the total, around 3–4 million sq. ft. will be developed in Tier-2 cities through built-to-suit models, with the remainder targeting Tier-1 hubs, said Shyam Kalyanasundaram, the ne..
Western Railway Mumbai Logs Rs 1 Billion in Digital Payments
In a significant boost to the Digital India initiative, the Mumbai Division of Western Railway has recorded over Rs 1 billion in digital payments across 97 stations over the past year, highlighting its leading role in modernising Indian Railways’ ticketing systems.Transitioning from cash-based transactions, the division’s swift digital adoption is credited to the rollout of QR code-based payments and the Unreserved Ticketing System (UTS). These platforms enabled seamless, contactless ticketing and played a key role in the shift, according to Chief Commercial Manager Ganesh Jadhav.To promot..
Latest Updates
