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Construction Week Magazine - September 2023

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Construction Week Description:

Publisher: ITP-MEDIA-(INDIA)-PVT.-LTD.

Category: Business

Language: English

Frequency: Monthly

News, Analysis, Projects & Business Intelligence for the construction industry.

Construction Week is India's foremost business publication covering all aspects of the construction industry. It provides the latest news, trends, and project updates. It includes in-depth interviews, features and special reports.

In this issue

Construction week India Sept 2023

SHRIRAM PROPERTIES, ASK PROPERTY FUND INVEST RS 206 CR

Shriram Properties and ASK Property Fund have announced a joint investment of Rs. 206 crores towards 100% of development rights in an ongoing project in Chennai. This was done through SPL's wholly-owned subsidiary, Shrivision Elevations. The project acquisition formalities were completed and will be launched as 'Shriram 122 West' shortly.

1 mins

APARNA CONSTRUCTIONS AND ESTATES PUMPS RS 2200 CR IN APARNA SYNERGY LAUNCH

Aparna Constructions and Estates has launched Aparna Synergy, a gated community of high-end apartments in Gandi Maisamma, Hyderabad. Spread over 27.5 acres, it includes 3345 apartments with 2-, 2.5- & and 3-BHK layouts ranging from 1251 sq-ft to 2307 sqft. With this announcement, Aparna Constructions has launched 65 residential projects since inception.

1 mins

NISUS FINANCE INVESTS RS 95 CRORE IN LATE-STAGE COMMERCIAL PROJECT IN AHMEDABAD

Nisus Finance's latest fund 'Real Estate Special Opportunities Fund-1 (RESO-1)' managed by Nisus BCD Advisors LLP (Nisus BCD), has recently concluded its' maiden transaction investing around Rs 95 crore in Swaminarayan Business Park. This is a late-stage commercial project located in Narol, Ahmedabad. The company made along with Kotak's asset reconstruction arm, Phoenix ARC.

1 mins

PATEL ENGINEERING EMERGES AS L1 BIDDER FOR MADHYA PRADESH'S RS 1,275.30 CRORE DEVELOPMENT PROJECT

Madhya Pradesh Jal Nigam, an undertaking of the state government, has declared Mumbai-based Patel Engineering Limited as L1 bidder in a joint venture for Rs 1,275.30 crore contract.

1 mins

CONCORDE PLANS TO INVEST RS 1200 CRORE AS PART OF ITS RESIDENTIAL EXPANSION PLAN

Concorde has announced its ambitious plan to expand its residential portfolio with an investment of approximately Rs 1200 crore rupees in the next three years. The company is geared up to launch 3.5 million sq-ft of luxury residential spaces, with the new projects set to commence in the third quarter of this financial year.

1 mins

SOARING TO NEW PEAKS

Ravi Puravankara, chairman, and Ashish Puravankara, MD, Puravankara Limited, have created a unique organisation that offers an insight into progressive growth and one that others would do well to emulate