Arisinfra Raises Buildmex-Infra Stake to 92% for Rs. 600 mn

Mumbai Port Authority advances Rs 9.23 billion marina project

Mumbai Port Authority (MbPA) has held the first pre-bid meeting for the Viksit Bharat Mumbai Marina project, attracting more than 35 industry representatives from the marina and marine services, infrastructure, port development, shipping, logistics, hospitality, finance and advisory sectors. The meeting was held at Port Bhavan on 30 October 2026, with participants attending both in person and online.The marina, proposed at Victoria Dock, will be developed on a Design, Build, Finance, Operate and Transfer (DBFOT) basis under a 45-year concession. The project has an estimated cost of Rs 9.23 bil..

ICC expands premium real estate presence with Bay One Residences

International Construction Consortium (ICC), a Sri Lanka-based construction and engineering company, is strengthening its presence in the premium residential segment with Bay One Residences Colombo, a waterfront development at Port City Colombo. The project, being developed through its wholly owned subsidiary ICC Port City (Pvt) Ltd, has reached the Garden Floor level, with structural work at Level 4 nearing completion. It is scheduled for completion in January 2029.Located along the marina at Port City Colombo, Bay One Residences is envisioned as an ultra-luxury residential development combin..

Signature Global Q2 revenue rises 148 per cent to Rs 8.2 billion

Signature Global reported a 148 per cent Y-O-Y increase in revenue from operations to Rs 8.2 billion in Q2FY27, compared with Rs 3.3 billion in the corresponding quarter of the previous fiscal. The real estate developer also reported a profit after tax (PAT) of Rs 700 million, against a loss of Rs 500 million in Q2FY26.Pre-sales stood at Rs 18.3 billion during the quarter, while collections increased 9 per cent year-on-year to Rs 10.1 billion from Rs 9.3 billion in Q2FY26. The company attributed its performance to demand for its projects and execution.Average sales realisation increased 12.3 p..