Allcargo Logistics acquires 30% stake in Gati subsidiary

Mittal, HoABL to Co-Develop Rs 20 Billion Housing Project

Realty firm Mittal Builders has entered into a Joint Development Agreement (JDA) with the House of Abhinandan Lodha (HoABL) to develop a major housing project in the Mumbai Metropolitan Region (MMR), with a planned investment of Rs 20 billion.The 11-acre project, located in Naigaon, will comprise over 4,600 apartments and high-street retail space, spanning approximately 30 lakh sq ft. It is expected to be launched in the second quarter of FY2025–26.According to Mittal Builders, the project will involve a total gross development value (GDV) of over Rs 30 billion within the next three to five ..

Central Park Sells 85 per cent of Selene Units on Launch Day

Central Park has launched Selene, a new luxury residential tower within its Flower Valley township in South Gurugram. Comprising 353 fully furnished serviced studio and one-bedroom residences, the project witnessed 85 per cent of its inventory sold on the day of launch—highlighting robust demand for premium serviced housing in the region.Selene features four-side open units with a floor-to-floor height of 3.9 metres, offering panoramic views of the Alpha Golf Course and the Aravalli Range. Designed for urban homebuyers prioritising privacy, comfort, and long-term value, the development is po..

Mumbai–Ahmedabad Bullet Train Tunnel Work Hits Key Milestone

Marking a significant milestone in the Mumbai–Ahmedabad bullet train project, the first section of the 21-kilometre tunnel between Bandra-Kurla Complex (BKC) and Thane has been completed and opened, according to an official statement.Out of the total 21-kilometre stretch, 5 kilometres between Shilphata and Ghansoli in Maharashtra were constructed using the New Austrian Tunnelling Method (NATM), while the remaining 16 kilometres are being built using Tunnel Boring Machines (TBMs). The tunnel includes a 7-kilometre undersea segment beneath Thane Creek.The National High-Speed Rail Corporation L..