Hines to focus on southern India
Real Estate

Hines to focus on southern India

Hines has planned to increase its presence in southern India by entering the Chennai and Hyderabad real estate sectors to double its Indian portfolio over the next two to three years. Currently, Bengaluru is the largest market for Hines India, with two office projects and one residential pro...

Hines has planned to increase its presence in southern India by entering the Chennai and Hyderabad real estate sectors to double its Indian portfolio over the next two to three years. Currently, Bengaluru is the largest market for Hines India, with two office projects and one residential project totalling more than 4.2 mn sq ft. The company plans to invest a minimum $50 mn for each major investment across markets. It will explore new office projects through development management and forward purchase agreements, apart from looking at greenfield acquisitions in prime locations, including Mumbai and Gurugram. Contact: Hines Tel: 0124-480 2222 Website: www.hines.com

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Infrastructure Transport

RAHSTA Expo 2024 launched

“The Ministry of Road Transport & Highways has constructed 12,349 km of national highways in 2023-24 - the second highest achievement! In 2020-21 a record 13,327 kms were constructed, the highest so far. The experience of a well-constructed road is no accident but a badly constructed one can cause many,” said Pratap Padode, Founder, FIRST Construction Council (FCC), at the launch of a road show - 14th Roads and Highways Sustainable Technologies and Advancement [RAHSTA] Expo, which will be held from 9-10 October 2024 at Jio Convention Ce..

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Equipment

CASE India inaugurates new dealership in Jaipur

CASE Construction Equipment, a brand of CNH, has broadened its presence in Rajasthan by appointing a new dealer partner, RDR Techsol in Jaipur. Located at Patel Nagar, Ajmer Road, the dealership will offer the company’s wide range of products in India and provide comprehensive support for after-sales service and spare parts.The strategically chosen location will provide services to surrounding regions including Sikar, Ajmer, Dausa, Alwar, Bharatpur, Karauli, and Dholpur in Rajasthan.This cutting-edge facility will be offering the comprehensive range of construction equipment from CASE and..

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Infrastructure Transport

Thane-Borivali Twin Tunnel Project will be awarded L&T and Megha

For the construction of one package each of the 11.84 km Thane-Borivali twin tunnel project in Mumbai, Larsen & Toubro (L&T) and Megha Engineering & Infrastructures Ltd. (MEIL) were chosen as the lowest bids. MMRDA had issued two separate tenders for its civil construction in December 2022. The Sanjay Gandhi National Park (SGNP), the only national park in the world to be situated inside a metropolitan region, will be traversed by a portion of the proposed tunnel.

The Goregaon Mulund Link Road (GMLR) project, which entails building an east-west traffic corridor to li..

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Real Estate

DLF Launches Luxury Project in Gurugram

DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.

The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..

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Real Estate

Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects

Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.

The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..

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