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Experion invests Rs 200 crore in Vatika housing project
The investment includes a term loan that aids in partial refinance and the remaining amount will be directed towards construction of the luxury residential project, the sources told ET.While the Indian arm of Experion Holdings Pte.Property consultant CBRE was the transaction advisor for the deal., has a subsidiary that acquires land and undertakes residential and commercial projects.The project, ‘Sovereign Park’, situated on a 10.

🇮🇳 India · 🗓️ August 01, 2023 · Construction

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RVNL OFS: What should investors do?
The trailing PE of the company is 18.The EBITDA grew 6.2, and the trailing EV/EBITDA is 24.The ongoing infrastructure theme due to the government focus on capex is a good tailwind for the company.8 per cent.

🔗Hindu Business Line

🇮🇳 India · 🗓️ August 01, 2023 · Construction

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WeWork India to take 4 lakh square feet office space on lease in Pune
Panchshil Realty Director Sagar Chordia said WeWork India already has centres in Panchshil buildings, such as WTC and Futura, in Pune.At present, WeWork India has over 6.Coworking major WeWork India is likely to take four lakh square feet of office space on lease from real estate developer Panchshil Realty in Pune to provide managed workspace to corporate clients.The company will be taking four lakh square feet of office space in Pachshil Realty's two buildings - Eleven West at Baner and Golden Bell at Korgaon Park.Arnav S Gusain, country head, product and real estate, WeWork India, said there is a rising demand for managed offices as these offer optimum usage of space and flexibility to scale, along with streamlined operations and amenities.

🇮🇳 India · 🗓️ August 01, 2023 · Construction

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We can consider share buybacks once every few years: R Shankar Raman, CFO, L&T
We have to, at the end of the day, execute.What we could not model was the effect of the pandemic and the (Russia-Ukraine) war.I'm looking to the rest of the year as stable, if at all, towards the end of the year, maybe some drop in interest rates.According to me, the biggest challenge that the company will be having for some time to come is we have to get more and more people skilled to do the kind of work that we are doing.We hope to complete the plant and be ready for commercial production by the end of the year so that next year we'll begin to roll out the electrolysers and sell them to markets which could be anywhere in the world.

🇮🇳 India · 🗓️ August 01, 2023 · Construction

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Three decades of unparalleled expertise: Sattva Group's impact on India's Commercial Real Estate industry
At the turn of the century, with the onset of Information Technology (IT), the Garden City was poised for exponential growth.The Sattva Group, which has been at the forefront of creating some of these state-of-the-art office spaces since the early 2000s and reshaping the landscape of the Indian real estate industry, is behind some of these future-ready projects.For anyone familiar with the bustling city of Bengaluru, the Silicon Valley of India, the sight of vast IT parks and cutting-edge commercial areas is a common occurrence.As it continues to embrace collaborative ventures and expand its presence across major Indian cities and beyond, the group is poised to remain a major player in the industry, shaping the future of commercial real estate inIn the years that followed, the group went on to build a number of commercial spaces that are on par with international standards.

🔗ET Spotlight

🇮🇳 India · 🗓️ August 01, 2023 · Construction

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