Gold
Brookfield REIT Q3 NOI Rises 11% to Rs 5.03 Bn
Brookfield India Real Estate Trust reported an 11 per cent increase in adjusted net operating income (NOI) to Rs 5.03 billion for the quarter ended December 2024.In a regulatory filing, the company also declared distribution of Rs 29billion or 4.90 per unit for the quarter ended December 31, 2024.Adjusted Net Operating Income grew by 40 per cent year-on-year during the April-December period of this fiscal to Rs 14.64 Bn from Rs 10.45 billiom in the year-ago period.Brookfield India REIT manages 10 Grade A assets across Delhi, Mumbai, Gurugram, Noida, and Kolkata.The Brookfield India REIT ..
Gurugram’s Key Corridor Set for Expansion
The National Highways Authority of India (NHAI) is set to develop a six-lane surface road and a flyover along the high-traffic stretch between Hero Honda Chowk and Umang Bhardwaj Chowk in Gurugram. The project, estimated at Rs 2.1 billion, aims to decongest one of the city's busiest corridors. The Gurugram Metropolitan Development Authority (GMDA), overseeing the project, has already funded utility relocations. Authorities are now finalizing cost estimates for shifting electricity, water, and sewage lines, with relocation work expected to take six months. Initially planned in 2021, the 3.2-k..
Mumbai-Ahmedabad Bullet Train: Major Progress in Maharashtra
The Mumbai-Ahmedabad Bullet Train corridor is witnessing rapid infrastructure development in Maharashtra, with significant progress reported on the 135.45 km elevated section from Shilphata to Zaroli. Key Infrastructure Highlights This segment, the second-largest in the project after the 237 km stretch in Gujarat, includes: Viaducts & Bridges: 124 km of elevated structures Stations: Thane, Virar, Boisar Tunnels: 7 mountain tunnels Major River Bridges: Ulhas, Vaitarna, Jagani Steel Bridges & Crossings: 36 structures, including 12 steel bridges Construction Updates Station Work: Foundat..
