RLDA reopens bidding for New Delhi Railway station redevelopment

Southern Railway updates train services due to infra work

Southern Railway has announced changes to train services due to a power and line block aimed at eliminating a manned level crossing gate No. 75 between Aralvaimozhi and North Panakudi, and constructing a subway for bridge No. 303. According to the announcement, Train No. 20691 Tambaram – Nagercoil Antyodaya Superfast Express, scheduled to depart Tambaram at 11 PM on October 22, will be short terminated at Valliyur. Similarly, Train No. 20692 Nagercoil – Tambaram Antyodaya Superfast Express on October 23 will commence its journey from Valliyur at 4:24 PM. Train No. 22627 Trichy – Thiruvan..

Sunteck Realty Reports 33% Growth in Q2 Pre-Sales at Rs 524 Crore

Real estate developer Sunteck Realty has announced a nearly 33% year-on-year increase in pre-sales, totaling Rs 524 crore for the quarter ending September. The company’s collections for the period reached Rs 267 crore, marking a 25% rise compared to last year. This strong quarterly performance brings the pre-sales for the first half of 2024-25 to Rs 1,026 crore, reflecting a 31.2% increase from Rs 782 crore a year prior. Additionally, collections for the first half of the year grew by 21.3% to Rs 609 crore. Sunteck Realty maintains a city-centric development portfolio of approximately 52.5 m..

Chennai's real estate sees massive growth

Chennai's real estate market has transformed dramatically over the past 25 years, with office leasing increasing 75-fold to 76.5 million sq. ft by the first half of 2024, according to a recent JLL report. This growth is largely driven by the IT/ITES sector and the rise of Global Capability Centers (GCCs), positioning Chennai as a major GCC hub in Tamil Nadu, which now holds 12% of India’s GCC market share. Chennai’s economic landscape has diversified significantly, with the Banking, Financial Services, and Insurance (BFSI) sector making up 15% of the national footprint. Notably, 60% of For..