In addition to the Rs 1.85-crore contribution, Experion Developers has extended the material supply of medicines and essential items to the Municipal Corporation of Gurgaon (MCG), the company said in a statement.
Recent developments witnessed labourers migrating to their home towns, thus impacting construction activities. Disruption in the second-half of March 2020 will result in modest revenue growth/de-growth in Q4-FY2020, it said, adding the major impact is expected in Q1-FY2021 with construction activities stalled during the first half of April-2020.
Before the Covid-19 outbreak, the real estate sector was set for a phase of consolidation and the institutional investors were actively scouting for opportunities.
New Delhi, Mar 20 () Ashoka Buildcon on Friday announced the execution of a concession agreement with NHAI for a Rs 1,035.5 crore road project in Karnataka.
As on date, there are at least 40 senior living projects by the top 14 players within this niche segment across the country - either under construction or completed and occupied. Of this, nearly 26 projects are located in South India, it said.
In a filing to the BSE, PNC Infratech Ltd said it has received "letters of award (LOA) from National Highways Authority of India (NHAI) on March 9, 2020, for the project of four-laning of the Aligarh-Kanpur section from 356 km (design chainage 373.085 km) to 414 km (design chainage 433.728 km).
The company's bid project cost for the 17.88 km project was Rs 1,546.31 crore, the company said, adding it will be completed in 2.5 years.
"NBCC (India) Ltd has secured the total business of Rs 128.66 crore (approx) in the month of February, 2020," the company said in a filing to BSE.
As per the report, land rates in Zone A prime residential areas will surge by 40 per cent from April 1. In Zone B, the rates have been hiked by 30%, while in Zone C the prices have been raised by 13%. Property rates in Zone D have been kept unchanged.
NBCC (India) Limited has received an order from BHEL for construction of... reinforced concrete single steel flue chimney with borosilicate glass block lining system of 660 MW each (3 numbers) at North Karanapura STPP, Jharkhand
The move is not only a setback to JAL's lenders - including ICICI Bank, Axis Bank, SBI and Standard Chartered Bank - but has also set a precedent for other cases with the Insolvency and Bankruptcy Board of India, which has circulated it as a guidance to insolvency resolution professionals and other cases.
With this acquisition, KEC International sims to scale up its tower manufacturing capacity and expand its presence in the Middle East and Africa. This unit was previously owned by Gulf Jyoti International LLC Dubai, a joint venture of Jyoti Structures, which is currently undergoing insolvency proceedings in India, and Gulf Investment Corporation of Kuwait.
Business conglomerate Adani group has won a bid to acquire Aditya Estates Pvt Ltd, which holds a posh 3.4 acre residential property near Mandi House in the heart of the national capital, through an insolvency process for a total deal value of Rs 400 crore.
The Mumbai bench of the National Company Law Tribunal (NCLT) had directed on February 18 the successful bidder of EPC Constructions to pay the amount within a week of the passing of such order.
The project is to be constructed in 30 months and operated for 15 years post construction. This is the tenth hybrid annuity highway project secured by the company so far.
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