Forest department and railways approve new operating procedure
Casagrand Launches 41-Acre Highcity Project on Chennai ORR
Casagrand has launched ‘Casagrand Highcity’, a 41-acre integrated residential development on Chennai’s Outer Ring Road (ORR), marking the company’s largest residential project to date.The project will comprise over 4,000 two and three-BHK residences spread across four G+22 towers and is positioned as one of the largest organised residential developments in the ORR corridor. The development is anchored by a five-acre sports clubhouse and over 150 amenities, including more than 50 sports facilities and 25 children-focused recreational features.Located along Chennai’s rapidly developing..
Mindspace REIT Raises Rs 500 Crore Through 10-Year NCD Issue
Mindspace Business Parks REIT has raised Rs 500 crore through a 10-year Non-Convertible Debenture (NCD) issuance, fully subscribed by one of India’s leading life insurance companies.The issuance carries a fixed coupon rate of 7.63 per cent per annum, payable quarterly, and has received AAA/Stable ratings from both CRISIL and ICRA. The proceeds will be utilised, among other purposes, for refinancing existing borrowings.The REIT stated that the long-term fixed-rate structure is aimed at ensuring predictability in debt servicing costs, protection against interest rate volatility, and diversific..
TVS ILP Signs MoU for Siliguri Logistics Park Expansion
TVS Industrial & Logistics Parks has signed a Memorandum of Understanding (MoU) for 10 acres of land in Siliguri, West Bengal, to develop a logistics park and strengthen its East India presence.Strategically positioned as the gateway to Northeast India, Siliguri offers multimodal connectivity and access to key domestic and international trade corridors, including Nepal, Bhutan and Bangladesh. The proposed development is expected to support regional logistics efficiency, boost organised Grade A warehousing, and contribute to local employment generation.Commenting on the development, Ramnath..

