JM Baxi Ports and Logistics set to win auction at JN Port

PioneerUrban launches Rs 3 billion senior living project ‘Advait’

PioneerUrban Land and Infrastructure has announced its entry into luxury senior living with a Rs 3 billion investment in ‘Advait’, a JV with J K Organisation. Located in Sector 50, Nirvana Country, Gurugram, the 2.6-acre project is scheduled for occupancy by early 2027.‘Advait’ is the first IGBC platinum-certified senior living project in Haryana licensed under the State’s Retirement Policy. It features two-bedroom apartments with caretaker’s rooms across 18-storey towers. The complex includes a 35,000 sq ft clubhouse, wellness facilities, and round-the-clock medical support by For..

CCI Clears Multiples GIFT Deal

The Competition Commission of India (CCI) has approved the acquisition of shareholding in Vastu Housing Finance, APAC Financial Services, and Quantiphi Inc by Multiples Plenty Private Equity GIFT Fund. The transaction involves transferring stakes from existing Multiples Group entities to the newly created GIFT Fund, structured as a trust under the Indian Trusts Act, 1882. The Multiples GIFT Fund is managed by Multiples Asset Management IFSC LLP and operates as a Restricted Scheme regulated by the International Financial Services Centres Authority (IFSCA). This strategic move is expected to st..

AAI to Survey New Airport Sites

The Airports Authority of India (AAI) is set to inspect three potential sites for Bengaluru’s second greenfield airport, marking a crucial step toward expanding aviation capacity in Karnataka. A team from AAI will conduct a ground survey in April to evaluate sites across Bengaluru South, Ramanagara, Kanakapura, and Bengaluru Rural districts. The state Infrastructure Department had previously forwarded proposals for five possible locations, of which three have now been shortlisted based on preliminary viability. The inspection will assess topography, accessibility, and airspace constraints t..