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1.MEIL to construct Zojila Pass Tunnel

In a major development in the Zojila Pass Tunnel project in Jammu Kashmir - Ladakh, Megha Engineering and Infrastructure (MEIL) emerged as the lowest bidder by quoting Rs 45.099 million. The other two bidders in the running were Larsen & Toubro (L&T) and Ircon International JV. The contract was awarded to MEIL thus giving impetus to the long-stalled project in the right direction. National highways and Industrial Development Corporation (NHIDCL) had opened the bids on 14 August 2020.


2.REITable office assets expected to be valued at $ 35 billion: JLL India

Bengaluru will provide highest REITable assets worth $10.7 billion


3.JLL: Potential value of REITable office space assets at $35 billion

India has already seen its first REIT listing from Embassy Group-Blackstone JV in March this year


4.Indian real estate market gets new boost with REIT

Marking a major milestone in the Indian real estate sector, ‘Embassy Office Parks’, a JV between the real estate company Embassy and private equity firm Blackstone has launched the country’s first Real Estate Investment Trust (REIT).


5.Maharashtra Government to uplift the face of Dharavi

Approval for a SPV; global tenders to be invited for the project


6.Transcon has about 8 million sq ft under development across Mumbai

Built on the idea of transformation, Mumbai-based Transcon Developers follows only one approach: future-centricity. From buying huge land banks to developing sustainable projects, the company is a vanguard of change in the edifices it constructs


7.What do foreign investors in real estate look for?

Here’s how reforms have impacted the interest of overseas funds in India…


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