Hines unveils 8.8-acre mixed use project in Mumbai
The US-based and global real estate investment and development major, Hines, has recently entered into the Mumbai property market to develop about 9 lakh square feet of leasable area mixed-use project spread over an 8.8-acre land parcel in the city. For the project, the company has inked a development management alliance pact with a local real estate developer owning the land parcel and both the entities will be jointly developing 30-storey Grade-A office towers on the plot. The proposed project is scheduled for launch in the immediate future and will be completed in the fourth quarter of 2025, said Senior MD and Country head, Amit Diwan, adding that this is an opportune time for Hines to enter the Mumbai office market given the strong growth in global capability centers and financial services companies opening in a city with the availability of a high-class talent pool, as such, the company is marking its entry to the city with a world class office that’s part of an exciting mixed-use development. The land parcel is located on the Western Express Highway and adjacent to a metro station. In India, Hines has completed two commercial projects -- 'One Horizon Center' and 'Skyview Corporate' -- in Gurugram comprising 1.4 million square feet. 1 million sq ft and currently has over 16 million square feet area under development across Bengaluru, Delhi-NCR, and Pune, he claimed.
The Union Shipping Ministry has targeted a pipeline of 81 public private partnership (PPP) projects worth ₹42,300 crore for developing berths and

Read more ...

The Union Transport Minister has laid the foundation stones for eight National Highway Projects involving ₹3,000 crores in Godawari, Andhra Pradesh

Read more ...

The Maharashtra Metro Rail Corporation Limited (Maha Metro) has submitted a DPR to the Pune Municipal Corporation for the construction of

Read more ...

The Union Railway Ministry has approved the rail line connecting Sangareddy with Medak to Jogipet involving an investment of ₹2,000 crore. It will

Read more ...

The National Highways Authority of India has floated tenders for multiple road infra projects involving ₹1,897.47 crores. It has invited bids for the

Read more ...

German transnational company, Continental Automotive, has bought 8.5 lakh sq. ft office space in Bangalore for around ₹850 crore. The office property in

Read more ...

The Noida Authority has decided to restart the construction work of the Chilla elevated road corridor starting from Sector 14A Chilla regulator near Mayur Vihar

Read more ...

A contract for USD 136 million Maldives Hanimaadhoo International Airport Development Project was signed between the Government of Maldives and JMC Projects

Read more ...

Due to the government’s current Covid-19 policy and Messe Muenchen’s concern for the health and safety of the exhibitors and visitors

Read more ...

Kolkata Port, which is also known as Syama Prasad Mookerjee Port, has appointed a consultant to carry out a techno-feasibility study for a tunnel under Hooghly

Read more ...

AA Holdings has partnered with Logiy Spaces to build ₹400 crore Industrial and Logistics Park in Karnataka. The project, spreads across one million square feet

Read more ...

Kerala government has planned to build a sports city on an area of 50 acres at an investment of ₹2,000-crore in the Ernakulam district in a phased manner

Read more ...

Brihanmumbai Municipal Corporation (BMC) has floated tender for the construction of ₹350 crore bridge between Juhu Versova Link Road (JVLR) and Mayor Hall

Read more ...

Ashoka Buildcon has received a letter of acceptance (LoA) from the South Western Railway (SWR) involving an investment of ₹258.12 crore. It involves the

Read more ...

India will get its first undersea tunnel as a part of the Ahmedabad-Mumbai high speed rail (bullet) train project. NHSRCL, which is implementing the project

Read more ...

National Highways Authority of India has been tasked to construct triple-deck flyovers — two flyovers and a metro lane — on the city's national highway segments

Read more ...

Birla Estates will develop a housing project on 10 acres of land parcel in Bengaluru. It is located at Raja Rajeshwari Nagar, South Bengaluru and requires a

Read more ...

Chennai Metro Rail in an official statement said that its Phase II will cover 118.9-km long network, covering another 93 km extension up to Parandur, the site for a greenfield airport. In fact, three corridors have been planned with an investment of ₹61,843 crore

Read more ...

M.S.Ramaiah Developers and Builders (MSRDB) has decided to invest ₹3,000 crore to expand its retail and commercial real estate footprint across Bangalore, Goa, and Andhra Pradesh. With the targeted investment the company is doubling its retail and commercial

Read more ...

The Karnataka government has announced that the existing Bidar-Ballari road will be widened to a four-lane express highway for improving road connectivity in the region. Steps have been initiated to build airports in Raichur and Ballari and adding a ring road

Read more ...

×
Sign-up for Free Subscription
'India Construction Week'
Weekly e-Newsletter on Construction Industry
Get the latest news, product launches, projects announced / awarded, government policies, investments, and expert views.
Click here to subscribe.