The Real(ty) Snips: Wednesday Roundup
The Real(ty) Snips: Wednesday Roundup. Your inside track to the latest Delhi NCR real estate landscape from KnowbleR.
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Adani Group Poised to Secure $4.1 Billion Mumbai Housing Project
Adani Group is set to win a $4.1 billion (?34,000 crore) housing redevelopment project in Mumbai, marking one of India’s largest urban renewal initiatives. The project involves redeveloping a major housing cluster, reinforcing Adani’s growing footprint in the real estate sector.
TCS to Acquire 100% Stake in Commercial Realty Firm
Tata Consultancy Services (TCS) is set to fully acquire a commercial real estate company for ?2,250 crore. This move aligns with TCS’s expansion strategy, reinforcing its real estate holdings and operational infrastructure. The acquisition is expected to enhance office space availability for the IT giant.
Omaxe to Invest ?600 Crore in Faridabad's Retail Project
Real estate developer Omaxe is set to invest ?600 crore in a retail project in Faridabad. The project aims to enhance the city's commercial infrastructure and attract major brands. This investment is part of Omaxe's strategy to expand its retail footprint in key urban markets.
Noida International Airport in Jewar to Open in May: Minister
Civil Aviation Minister Ram Mohan Naidu has announced that the Noida International Airport in Jewar is set to open in May 2025. The airport, being developed in phases, aims to boost regional connectivity and decongest Delhi’s IGI Airport. It is expected to enhance economic growth and attract global investments in the region.
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