Ambuja & Phoenix Mills signs MoU for three realty projects

 Ambuja & Phoenix Mills realty projects
Ambuja Neotia and The Phoenix Mills, through its wholly-owned subsidiary Market City Resources, have signed an agreement for three large projects that are likely to have a long-term impact on the development of the 262-acre township in Batanagar in Kolkata. In the joint venture, Ambuja Neotia will be involved in the development of two residential projects covering 4 million sq ft across two land parcels of 10 acres each. Calcutta Riverside will come up with a shopping centre spread across 4,96,000 sq ft. Market City has entered into property and development management agreements with Calcutta Riverside to assist the latter in supervising the construction, development and running operations of the proposed mall with the licenced use of the Phoenix's trademark on a non-exclusive basis. Ambuja Neotia group chairman Harshavardhan Neotia informed that in the past two years, all connectivity issues of this evolving neighbourhood on the southern fringes of Kolkata have been sorted out after the completion of the new Majerhat and Sampriti flyovers. The association with Calcutta Riverside gives an opportunity to enter a new and evolving area of Kolkata, which over the years has seen a significant transformation and they are going all out to give the people of Kolkata a home at a price that is within their reach.

No comments yet, Be the first one to comment on this.

Capacite-Infra

Capacit’e Infraprojects Wins ₹1,518 Cr Super High-Rise Order in Mumbai

Capacit’e Infraprojects Limited has bagged a repeat order worth ₹1,518 crore (excluding taxes and cess) from Hubtown for the construction of “25 Downtown”

Read more ...

AAI-logo

AAI Invites Bids for ₹179.47 Cr Expansion of Shillong Airport

The Airports Authority of India (AAI) has invited bids for a ₹179.47 crore expansion project at Barapani (Shillong) Airport in Ri Bhoi, Meghalaya. The project

Read more ...

NaBFID-logo

NaBFID Launches Partial Credit Enhancement at Annual Infrastructure Conclave 2025 in Mumbai

The National Bank for Financing Infrastructure and Development (NaBFID) hosted the Annual Infrastructure Conclave 2025 in Mumbai, bringing together government

Read more ...

Gujarat-Govt

Gujarat Govt Floats ₹232.41 Cr Tender for Sabarmati Riverfront Phase-6A Development

The Narmada Water Resources, Water Supply & Kalpsar Department has invited bids for Phase-6A of the watershed development project along the Sabarmati River

Read more ...

Liebherrs-Ehingen-plant

Floßdorf Expands Fleet with Liebherr LTM 1750-9.1 & LTR 1150 for Wind Farm Projects

Dietmar Floßdorf GmbH & Co. KG has strengthened its crane fleet with two new machines from Liebherr’s Ehingen plant—a powerful LTM 1750-9.1 mobile crane and

Read more ...

Odisha-Govt

India to Develop ₹21,500 Cr Bahuda Port in Odisha as 14th Major Port

A new major port with a capacity of 150 million tonnes will be developed at Bahuda in Ganjam district, Odisha, with an investment of ₹21,500 crore. The project

Read more ...

Brihanmumbai Municipal Corporation

BMC Sets Deadlines for Bandra-Dharavi Flyover, Bandra Skywalk & Worli Connector Projects

The Brihanmumbai Municipal Corporation (BMC) has announced strict timelines for three key infrastructure projects, the Bandra-Dharavi flyover (phase one),

Read more ...

Western-Coalfields-Ltd

Western Coalfields Invites Bids for Mining Services at Gauri-Pauni Expansion Mine in Maharashtra

Western Coalfields Ltd (WCL) has invited bids for handling, transport, and other mining services at the Gauri-Pauni Expansion Opencast (OC) Mine in Ballarpur,

Read more ...

Bhupendra-Yadav

Bhupendra Yadav Stresses Green Skills, Inclusivity at ICSE 2025

Union Minister for Environment, Forest and Climate Change, Bhupendra Yadav, delivered a special address at the opening ceremony of the 7th International Conference

Read more ...

NHAI-logo

NHAI Tightens RFP Norms to Ensure Quality and Transparency in National Highway Projects

To improve project execution, reduce delays, and lower the overall lifecycle cost of National Highway projects, the National Highways Authority of India (NHAI)

Read more ...

Pm-Modi

PM Lays Foundation Stone, Inaugurates Development Works in Dhar, Madhya Pradesh

Prime Minister Narendra Modi inaugurated multiple development works in Dhar, Madhya Pradesh, and launched the ‘Swasth Nari Sashakt Parivar’ and ‘8th Rashtriya

Read more ...

Devendra Fadnavis Inaugurates Amalner-Beed Railway Line

Devendra Fadnavis Inaugurates Amalner-Beed Railway Line

Maharashtra Chief Minister Devendra Fadnavis inaugurated the new Amalner–Beed railway line at Beed and flagged off the Beed to Ahilyanagar train. Despite

Read more ...

SAIL-supply-in-mizoram

SAIL Supplies 15,000 MT Steel for Bairabi-Sairang Railway Project in Mizoram

Steel Authority of India Ltd. (SAIL), a Maharatna PSU and India’s leading steel producer, has supplied around 15,000 metric tons of high-quality steel

Read more ...

Amit-Shah-Inaugrates-Delhi-Development-Project

Amit Shah Inaugurates ₹1,723 Cr Delhi Development Projects

Union Home Minister and Minister of Cooperation Shri Amit Shah inaugurated and laid the foundation stones of development projects worth about ₹1,723 crore

Read more ...

Ministry-of-steel-logo

Ministry of Steel Launches Special Campaign 5.0 for Cleanliness, E-Waste Management & Efficient Governance

The Ministry of Steel and its PSUs will participate in Special Campaign 5.0, scheduled from October 2 to 31, 2025, with a strong focus on cleanliness,

Read more ...

Raft-Foundation-Casting-at-Umiya-Dham

Adani Cement Sets World Record with Largest Temple Raft Foundation Casting at Umiya Dham

Adani Cement, in collaboration with its Group associate PSP Infra, has achieved a historic milestone at Umiya Dham near Ahmedabad by completing the world’s

Read more ...

Bailey-Bridge

J&K LG Manoj Sinha Inaugurates 150-Ft Bailey Bridge on Ramban-Gool Road

Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, inaugurated Bailey bridge on the Ramban-Gool road, significantly boosting regional connectivity.

Read more ...

BMRCL-logo

Bengaluru’s First Double-Decker Flyover Nears Completion at Silk Board Junction

Bengaluru’s first double-decker flyover is expected to be fully operational by the end of December or early next year. The Bangalore Metro Rail Corporation

Read more ...

enlite-logo

Enlite Secures Patent for Wireless Building Management System

Enlite has secured its first patent titled “A Building Management System for Wireless Control of Equipment and a Method Thereof.” This patent marks a

Read more ...

To get latest updates on whatsapp, Save +91 93545 87773 and send us a 'Saved' message
Click Here to Subscribe to Our eNewsletter.