TCG Real Estate Secures Rs 714 Crore from SBI
Real Estate

TCG Real Estate Secures Rs 714 Crore from SBI

TCG Real Estate has secured a significant funding of Rs 714 crore from State Bank of India (SBI) for its World Trade Centre project in Gurugram. This infusion of funds is expected to accelerate the development of the project and further strengthen TCG Real Estate's presence in the real estate market.

The funding from SBI underscores the confidence of financial institutions in TCG Real Estate's vision and execution capabilities. The World Trade Centre project in Gurugram is poised to become a landmark development, offering modern office spaces and commercial amenities to businesses and investors.

With this funding, TCG Real Estate aims to expedite the construction of the World Trade Centre, contributing to the economic growth and infrastructure development of Gurugram. The project is expected to create employment opportunities and stimulate economic activity in the region.

Overall, the funding secured by TCG Real Estate from SBI is a testament to the company's strong reputation and track record in the real estate sector. It demonstrates the continued support of financial institutions towards large-scale developments that contribute to urban growth and development.

TCG Real Estate has secured a significant funding of Rs 714 crore from State Bank of India (SBI) for its World Trade Centre project in Gurugram. This infusion of funds is expected to accelerate the development of the project and further strengthen TCG Real Estate's presence in the real estate market. The funding from SBI underscores the confidence of financial institutions in TCG Real Estate's vision and execution capabilities. The World Trade Centre project in Gurugram is poised to become a landmark development, offering modern office spaces and commercial amenities to businesses and investors. With this funding, TCG Real Estate aims to expedite the construction of the World Trade Centre, contributing to the economic growth and infrastructure development of Gurugram. The project is expected to create employment opportunities and stimulate economic activity in the region. Overall, the funding secured by TCG Real Estate from SBI is a testament to the company's strong reputation and track record in the real estate sector. It demonstrates the continued support of financial institutions towards large-scale developments that contribute to urban growth and development.

Next Story
Infrastructure Urban

World-class sports complex in Tirupati soon

A new world-class sports complex will soon be developed in Tirupati, following a meeting between Animeni Ravi Naidu, Chairman of the Sports Authority of Andhra Pradesh (SAAP), G Narasimha Yadav, TDP Parliamentary President of Tirupati, and District Collector Dr. S Venkateswar. The new sports policy, recently approved by Chief Minister Nara Chandrababu Naidu, aims to elevate the standards of sports infrastructure in the region. During the meeting, the team discussed various components of the sports policy and highlighted plans to enhance Tirupati’s sports landscape. A key focus was the propo..

Next Story
Infrastructure Urban

Centre sets up five working groups to transform city management

The Union Ministry of Housing and Urban Affairs (MoHUA) has established five working groups to recommend reforms aimed at transforming urban governance across India. The groups will focus on areas such as political and administrative reforms, redefining the role of parastatals, rural-urban continuity, and enhancing local capacity building. These working groups will examine key issues like enhancing accountability among elected officials in project execution, the direct election of mayors, and the creation of participatory budgeting processes. The groups will submit their findings within three ..

Next Story
Infrastructure Transport

US Nagar highway to be realigned for Pantnagar airport expansion

A major highway realignment project has been announced in Udham Singh Nagar to facilitate the expansion of Pantnagar International Airport. The National Highway (NH) 109 will be relocated by 7 km behind the airport to accommodate the airport’s expansion plans. Vikas Mittal, Project Director at the National Highways Authority of India (NHAI), confirmed that a detailed project report (DPR) for the realignment is being prepared and will be submitted by December 22. The realigned stretch will curve near the Anandi Mata Temple, follow the railway line, and reconnect with the main highway near Sa..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000