Category: Infrastructure
Pace Digitek Limited has received its first order in the railway sector. The company has got an advance Letter of Authorisation from RailTel Corporation of India Ltd for a project worth ₹890.69 million, including GST. The work is about installing IP-based video surveillance systems in LHB coaches. In simple words, trains will get new camera […]
If you’re planning to buy property in Gurugram, you may soon need to factor in a higher base price. The Haryana government has proposed a hike of 10% to 30% in the city’s circle rates—minimum property prices set for stamp duty and registration purposes. And the impact is expected to ripple across the market. For […]
Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has successfully raised ₹1,550 crores through a combination of Non-Convertible Debentures (NCDs) and term loan facilities. The proceeds will be used to refinance certain existing debt, resulting in annual interest savings of approximately 113 basis […]
