KKR Prioritizes India for Asia Infrastructure Investments

WeWork India Expands With New Centres in Pune, Chennai

Workspace solutions provider WeWork India has announced the leasing of two new centres: WeWork EON Free Zone in Pune and WeWork Ramanujan Intellion Park in Chennai. Together, the new locations will add 200,000 square feet of flexible workspace to its portfolio and are scheduled to open in the second half of FY25.This move marks WeWork India’s third centre in Chennai, situated at the beginning of Old Mahabalipuram Road within the Littlewood Tower at Ramanujan Intellion Park. Spanning 150,000 square feet across three floors, the fully customised centre will offer 2,400 desks to accommodate ent..

VOC Port’s Rs 70 Billion Plan Fails to Attract Bidders Again

The VOC Port Authority’s ambitious Rs 70.56 billion outer harbour project has encountered another significant setback, with its second tender cancelled due to the absence of qualified bidders. Sources confirmed that the tender has been withdrawn from the active bid list, and the authority may now consider restructuring the project.This marks the second failed attempt to initiate the large-scale development at Thoothukudi port. The Request for Proposal (RFP) was reissued in December 2024, following the cancellation of the initial round, which attracted just two applications—from Vedanta and..

MHADA Floats Tenders for Kamathipura Redevelopment

The Maharashtra Housing and Area Development Authority (MHADA) has invited tenders to appoint a Construction and Development Agency for the cluster redevelopment of Kamathipura, a historically significant neighbourhood in South Mumbai. The project will be implemented by the Mumbai Building Repairs and Reconstruction Board (MBRRB), a unit of MHADA.Spread over 34 acres, Kamathipura comprises 943 cessed buildings across 15 narrow lanes, many of which are nearly a century old. The redevelopment, under Regulation 33(9) of the Development Control and Promotion Regulations (DCPR) 2034, marks a shift ..