PFC, MMRDA Sign Rs 1 Trillion MoU at India Global Forum

11 Apr 2025 CW Team

The India Global Forum (IGF) summit was a two-day summit held at the Jio World Convention Centre. The summit brought together CEOs, investors, and policymakers to discuss India’s future in an uncertain world. It saw the signing of a Memorandum of Understanding (MoU) between Power Finance Corporation (PFC), a leading non-banking financial company, and the Mumbai Metropolitan Region Development Authority (MMRDA).

The MoU outlines financial assistance up to Rs 1000 billion from PFC to develop infrastructure projects in the Mumbai Metropolitan Region (MMR). This is not the first collaboration between the two, as PFC had previously extended funds for various infra projects. The MoU is intended to strengthen the relationship between the two parties and encourage greater collaboration. It was signed in the presence of the CM and Deputy CM of Maharashtra, the Director of PFC, and the Commissioner of MMRDA, as well as various other officials of PFC and MMRDA.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..