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CEIGall India declared L1 bidder for NHAI road project
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
CRC Group partners with Dubai’s Killa Design for luxury Noida project
Noida-based real estate developer CRC Group has teamed up with renowned Dubai architect Shaun Killa to design an ultra-luxury residential project in Greater Noida. Shaun Killa, known for iconic structures such as Dubai's Museum of the Future and the Bahrain World Trade Centre, brings his expertise in sustainability and innovation to the collaboration. Killa expressed excitement about the partnership, stating, "Our goal is to create a design that stands the test of time, respects the environment, and complements the culture of the region." The project, set to feature between 375 to 400 luxury u..
Nexus Venture sells stake in India Shelter Finance for Rs 4.82 billion
Venture capital firm Nexus Venture Partners divested a 5.97% stake in India Shelter Finance Corporation for Rs 4.82 billion through open market transactions. India Shelter Finance, based in Gurugram, caters to first-time home loan buyers in Tier-II and Tier-III cities, focusing on the low- and middle-income segments. Nexus, via its affiliates Nexus Ventures III and Nexus Opportunity Fund II Ltd, sold 6.4 million shares in two bulk deals on the BSE, priced between Rs 752.35 and Rs 753.27 per share, resulting in a total deal value of Rs 4.81 billion. This transaction reduced Nexus' stake in the ..
MSME department to resume online land allotment in 2025
The Micro, Small, and Medium Enterprises (MSME) department is expected to resume the online land allocation process for industries by early 2025, following a major overhaul of its portal and permission mechanisms. The department had halted the process in late June 2024 due to technical issues. MSME Commissioner Dr Navneet Mohan Kothari stated that the revamped system will offer a more seamless and transparent land allocation process, incorporating both basic and advanced procedures for a better user experience. The department had issued a directive on July 31, 2024, to cancel applications for ..
