Sobha reports net profit of Rs 12.05 crore in Q1 FY24

Now, BMC will look into reasons for the Gokhale-Barfiwala flyover gap

BMC has begun rectification work of the newly-constructed Gokhale bridge with CD Barfiwala flyover in Andheri and indicated that it will look into the reasons which led to the 6 feet gap between the two structures. When an audit is carried out, the administration will have to furnish an explanation for the extra expenditure that is being incurred for the rectification work (around Rs.100 million) so it is imperative to look into the reasons which led to the gap. The work is expected to be completed by June.

Mumbai's BEST fleet bounces back with 3,008 buses
After bein..

Sobha Prepares to Launch 26-Acre Row Housing Project in Bengaluru

Sobha Limited is set to unveil a sprawling 26-acre row housing project in Bengaluru, marking a significant addition to the city's real estate landscape. The project signals Sobha's commitment to delivering innovative and sustainable housing solutions tailored to the needs of urban dwellers.

The forthcoming row housing venture by Sobha is poised to redefine community living in Bengaluru, offering a blend of modern amenities, green spaces, and meticulously designed residences. Spanning across 26 acres, the project is anticipated to cater to the growing demand for premium residential devel..

Sobha's Pre-sales Surge 28% in FY24

Sobha Limited, one of India's leading real estate developers, has reported a substantial 28% increase in pre-sales during the fiscal year 2024. This surge in pre-sales reflects strong demand for Sobha's projects amidst favourable market conditions and increasing consumer confidence in the real estate sector.

The rise in pre-sales is attributed to Sobha's strategic focus on delivering high-quality residential and commercial developments that resonate with buyers. Additionally, the company's robust sales and marketing efforts have effectively showcased its projects and attracted discernin..

TVS Motor Unveils Electric Two-Wheeler

TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.

The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..

Chinese EV Giant Leapmotor Eyes Indian Market

Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.

Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..