Infra.Market Leases Space In Thane For Rs 2 Bn Rent Over 20 Years
ECONOMY & POLICY

Infra.Market Leases Space In Thane For Rs 2 Bn Rent Over 20 Years

IPO-bound Infra.Market has signed a 20-year lease with Ekatva Group at its property in Thane at rent of over Rs 2 billion, a release from the real estate developer said. The total area being leased is 70,000 sq ft and under the terms of the agreement, Infra.Market will register the first three floors this month and five more floors in March. Infra.Market is a building materials platform, that provides a range of materials ranging from concrete and walling products to electrical appliances and consumer durables. It has its own manufacturing facilities as well as in-house brands, supported by a pan-India network of over 10,000 dealers and over 25,000 retail touchpoints

IPO-bound Infra.Market has signed a 20-year lease with Ekatva Group at its property in Thane at rent of over Rs 2 billion, a release from the real estate developer said. The total area being leased is 70,000 sq ft and under the terms of the agreement, Infra.Market will register the first three floors this month and five more floors in March. Infra.Market is a building materials platform, that provides a range of materials ranging from concrete and walling products to electrical appliances and consumer durables. It has its own manufacturing facilities as well as in-house brands, supported by a pan-India network of over 10,000 dealers and over 25,000 retail touchpoints

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Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

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Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

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Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

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