Top Indian Infrastructure Industry News & Updates - 25 April 2023,Tuesday

🏘 Real Estate

📝  Birla Estates acquires prime land parcel in South Mumbai’s Malabar Hill
📝  Managed offices provider DevX raises $3 million from family offices for expansion
📝  Managed offices provider DevX raises $3 million from family offices for expansion
📝  Adobe leases additional 2000 seats in Bengaluru
📝  Mahindra Lifespaces inks pact to redevelop housing society in Mumbai’s Malad suburb
📝  Home rentals surge up to 40% on low supply in some markets
📝  LTI Mindtree, LTTS consolidate realty assets
📝  Sobha shareholders reject two remuneration proposals
📝  TVS ILP looks to raise up to $100 million via warehouse InvIT
📝  Mall operators expected to clock 7-9% revenue growth in FY24
📝  New Gurugram: A fast-growing realty hub for mid-range housing
📝  Expect both affordable and high-end residential real estate to grow simultaneously in long term: Siraj Saiyed
📝  Alternate Investment Funds: Offering working capital to real estate
📝  Ashiana Housing’s Amarah Phase 2 in Gurugram fully sold out in 3 days
📝  Sobha shareholders vote against resolution for increased remuneration to Ravi Menon
📝  Oberoi Realty Q4 bookings surge on one-off transactions; new launches remain key
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🛍 Cement

📝  Cement firms get a grip on profitability, but not price
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🚙 Roads & Highways

📝  Construction of national highways at 10,331 km in 2022-23
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🚃 Railways

📝  Mega boost for Infrastructure! Modi launches several Railway projects in Madhya Pradesh – Details Inside
📝  Kerala’s first Vande Bharat Express – PM Modi to flag off new age train today; Know its stoppages on inaugural run and other details
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🚢 Ports

📝  Adani Ports to purchase $130 million worth notes maturing 2024
Read More >>


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