Real Estate
GRT Hotels Acquires Chennai’s Asiana Hotel for ₹153 Cr After Supreme Court Clearance
In a significant step towards further strengthening its luxury portfolio, GRT Hotels & Resorts, Chennai-based, has bought the iconic Asiana Hotel for ₹153...
G Square Invests ₹230 Cr in 1,091 Villa Plots Across North Chennai
Real estate developer G Square has acquired 62.38 acres across North Chennai to launch 1,091 ready-to-construct villa plots in Red Hills, Puzhal, and...
Industry Body Slams Retrospective GST Rule Change on Commercial Construction
The Centre’s recent retrospective amendment to the GST Act, denying input tax credit (ITC) on building materials consumed in commercial constructions like malls...
Jindal India Forays into Steel Pipes & Tubes Market with ₹100 Cr Investment
Jindal (India) Ltd, a major player in downstream steel and part of the BC Jindal Group, has ventured into the steel section pipes...
Residents Demand Road Overbridge as Govt Proposes ₹10-Crore Footbridge at Chromepet
The state government has proposed a ₹10-crore foot overbridge (FOB) with escalators at the SDNB Vaishnav College junction in Chromepet, but residents say...
Delays in Real Estate Project Registration Spark Complaints from Engineers
Tamil Nadu’s real estate sector is stuck with reports that it often takes up to three months for construction projects to get registered with...
HIL Rebrands as BirlaNu, Increases AAC Block Capacity in Chennai
HIL, a business leader in building materials and one of the members of the $3 billion CK Birla Group, is rebranding itself as...
DLF to Invest Rs 20,000 Crore in Commercial Real Estate Development
DLF, the nation’s largest realty player, has mapped out its huge expansion plan in the commercial segment with an investment of Rs 20,000...
TCS to Acquire Bengaluru Real Estate Firm for ₹2,250 Crore, Plans New Delivery Centre
Tata Consultancy Services (TCS), in a major effort to increase its operational presence, has acquired Bengaluru-based commercial real estate company Darshita Southern India...
Andhra Pradesh and HUDCO Finalize ₹11,000 Crore Loan for Amaravati Development
The Capital Region Development Authority (CRDA) of Andhra Pradesh and the Housing and Urban Development Corporation (HUDCO) signed ₹11,000 crore loan agreement on March...
