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Unitech has decided to sell non core assets such as land, IT parks and SEZs to pay off debt, which is at Rs 5,300 crore. The company expects to garner Rs 300-400 crore this year by selling land parcels, including one in Tiruvanathapuram
Consider this: Navi Mumbai is the only city to have achieved 85 per cent of the service-level benchmark prepared by the Government of India´s Urban Development Department! Developed by the City and Industrial Development Corporation of Maharashtra (CIDCO), the city is maintained by the Navi Mumbai Municipal Corporation (NMMC).
Consulting Engineering Services (India) Pvt Ltd will be preparing a Detailed Project Report to set up IT Parks/SEZ projects in Kapurthala, Ropar and Rail Majra in Punjab.
Gujarat Government plans to set up a solar park with an estimated capacity of 750 MW
China has plans to set up two industrial parks - one each in Maharashtra and Gujarat at an investment of over $6 bn. The foreign country will invest $5 bn in the industrial park in Pune alone, which will focus on automobile manufacturing, in phases over the next decade. The Pune park will spread across 6 sq km, and the park that will come up near Ahmedabad in Gujarat.
As part of 60 Indian cities to be developed as solar cities, officials from Agra, Firozabad, Mathura and Mainpuri districts of Uttar Pradesh
Singapore-based YCH Group will make investments worth Rs 1,000 crore in the next five years for setting up about ten to twelve YCH DistriParks across India.
Apeejay Infralogistics is likely to commission the first phase of its two integrated logistics parks at Haldia (West Bengal) and Kalinganagar (Orissa) by this year end.
Ackruti City Ltd has many prime Mumbai-based commercial projects to its credit and diversified interests across several verticals.
Tata Sons subsidiary Tata Realty and Infrastructure (TRIL) will invest nearly Rs 800 crore in residential and infrastructure projects in Chennai.