
REITs & InvITs Raise Rs 1.3 Tn in 4 Years - RBI Data

NBCC to Develop Rs 37 Billion Mixed-Use Hub in Rajasthan
State-owned NBCC Ltd has secured a major contract to design, build, and market a 95-acre mixed-use real estate development in Rajasthan, with a projected investment of approximately Rs 37 billion.In a regulatory filing made on Monday, NBCC stated that it has been appointed as the lead agency for the integrated project, which will include the Rajasthan Mandapam Convention Centre, a Global Capability Centre (GCC) Tower, an IT Tower, luxury hotels, and new commercial and residential infrastructure.The development will take place on a 95-acre land parcel allotted by the Rajasthan State Industrial ..

Maharashtra to Transform 3,500 Villages into Smart Hubs by 2030
Maharashtra has announced an ambitious plan to develop 3,500 "Smart and Intelligent Villages" by 2030, aligning with its Viksit Maharashtra 2047 and trillion-dollar economy goals. The initiative will introduce advanced technology-driven services in agriculture, education, healthcare, and banking, setting a model for rural transformation across India.Chief Minister Devendra Fadnavis launched the Satanwari Smart and Intelligent Village project in Nagpur district on Sunday, developed in collaboration with the state government, Nagpur District Administration, and Voice of Indian Communication Tech..

GRSE Strengthens Shipbuilding Momentum, Frontrunner for Rs 250-Bn Corvette Order
Garden Reach Shipbuilders & Engineers (GRSE) expects robust growth in its shipbuilding business, supported by defence procurement plans and government initiatives to promote indigenous shipbuilding.“Despite competition from global and Indian yards, GRSE continues to maintain healthy growth momentum and is actively pursuing opportunities in both domestic and export markets,” the management said in its FY25 annual report.The Kolkata-based defence PSU, which delivered its 110th warship — Survey Vessel Large INS Nirdeshak — to the Indian Navy in October 2024, has emerged as the lowest ..