Sunteck Realty has received an overwhelming response for recently launched Phase I of its project Sunteck West World at Naigaon and has sold more than 2000 apartments out of the total inventory of 2476 apartments in Phase I with the sales of more than Rs 600 crore. Sunteck Realty is a Mumbai-based real estate development … Read more
Sadbhav Infrastructure Project’s wholly owned subsidiary — Sadbhav Bhimasar Bhuj Highway (SBBHPL) has submitted draft financing documents to National Highways Authority of India (NHAI) in relation to Financial Close within the timelines stipulated in accordance with the Concession Agreement dated May 23, 2018. The company has submitted the same for project of upgradation to 4 … Read more
Genesys International Corporation has started the mapping of the city of Jaipur using an array of latest technologies to create the most accurate and realistic 3D models of each and every structure in the Jaipur Development Authority area having over 1 million buildings spread over 3000 square kilo meters. For the first time in the … Read more
The company has been declared L-1 bidder for a new OB Removal Contract Mining Project. Dilip Buildcon (DBL) has been declared L-1 bidder for a new OB Removal Contract Mining Project valued at Rs 1,000.40 crore by the Mahanadi Coalfield (MCL), a subsidiary of Coal India (CIL), Samleshwari OCP, Jharsuguda District in the State of … Read more
Tata Steel has inaugurated the Jalahari Stream Project at Khondbond in the Keonjhar district of Odisha on October 6, 2018. As part of its Corporate Social Responsibility (CSR), Tata Steel Rural Development Society, the CSR wing of Tata Steel had taken up the stream development work in the peripheral village of Khondbond Iron Mine at … Read more
Sadbhav Infrastructure Project’s subsidiary — Nagpur Seoni Express Way (NSEL) has won an arbitration award against NHAI of Rs 61.25 crore (including interest upto the date of award of Rs 18.64 crore). From the date of award till final payment, NSEL shall receive interest at the rate of 12% p.a. Additionally, NSEL will also get … Read more
Sadbhav Infrastructure Project’s collection of toll revenue from its 10 operational Special Purpose Vehicles (SPVs) has increased by around 12.5% to Rs 268.55 crore in Q2FY19 from Rs 238.63 crore in Q2FY18. The company’s toll revenue from its Ahmedabad Ring Road Infrastructure (ARRIL) in Q2FY19 has increased by around 10% to Rs 23.22 crore from … Read more
