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The Top 50 Real State & Infra Company- RANK 43, Patel Engineering, Rupen Patel, CMD

Patel Engineering, founded in 1949, is one of the major infrastructure and construction services company in India. In August, the company bagged two hydro projects and a tunnel project aggregating Rs 2,400 crore. It received an LoI from Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for construction of Kundah Pumped Storage Hydro Electric Project (500MW) near Ooty, costing Rs 668 crore. The p ...

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The Top 50 Real State & Infra Company- RANK 42, Hiranandani Communities, Niranjan Hiranandani, Founder & MD

In April this year, Hiranandani Group launched new uber luxury project referred as ‘One Hiranandani Park’ on main Ghodbunder Road, Thane. In the wave of affordable housing, where every developer forays into affordable segment, Hiranandani Group is a pioneer in the luxury housing goes contrast. In May, the company announced Hiranandani Parks in Oragadam, Chennai, which offers a sports-themed lifestyle projec ...

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The Top 50 Real State & Infra Company- RANK 41, IRBinfrastructure, Virendra Mhaiskar, CMD

IRB Infrastructure Developers posted a net profit of Rs 250 crore, thus registering growth of 5%, against Rs 238 crore in the corresponding quarter of FY18. The highlights of business performance in Q1 FY19 are the concession agreements signed for all new projects with NHAI: Six-laning of Hapur bypass to Moradabad section including Hapur bypass on NH 24 (New NH-9) in Uttar Pradesh on DBFOT basis; Eight-lani ...

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The Top 50 Real State & Infra Company- RANK 40, Reliance Infrastructure, Anil Ambani, Promoter

Reliance Infrastructure (RInfra) has won three packages for the Mumbai Metro line-4 project worth Rs 15.84 billion in two separate bids. Reliance Infrastructure EPC has received the Letter of Award (LOA) from the Mumbai Metropolitan Region Development Authority (MMRDA) for three packages to design and construct elevated viaduct and stations for the North-South Metro-4 corridor that will connect Kasarwadaval ...

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The Top 50 Real State & Infra Company- RANK 39, The Wadhwa Group, Navin Makhija, MD

In May, The Wadhwa Group raised Rs 650 crore from PNB Housing Finance as construction finance for the first phase of its maiden affordable housing project spread over 138 acre in Panvel near Mumbai. This is the first integrated project to be developed under the Navi Mumbai Airport Influence Notified Area (NAINA) and at least 15% of the project will be used for commercial development and social infrastructur ...

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The Top 50 Real State & Infra Company- RANK 38, Kolte Patil, Rajesh Patil, CMD

Kolte Patil is soon launching Ivy Nia as a part of the magnificent Ivy Estate in Wagholi. Wagholi came under the buyer's radar after the swift growth witnessed by Kharadi. Today, this suburb is a much sought-after destination thanks to its proximity to schools, convenience stores, healthcare centres, etc. In August, the company launched ‘ORO Avenue’, a sector at its flagship township project, Life Republic, ...

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The Top 50 Real State & Infra Company- RANK 37, Sunteck Realty, Kamal Khetan, CMD

Sunteck Realty received an overwhelming response for recently launched Phase I of its project Sunteck West World at Naigaon and has sold more than 2,000 apartments out of the total inventory of 2,476 apartments with sales of more than Rs 600 crore. In quarter ended June, the company reported 67% year-on-year jump in consolidated net profit at Rs 59 crore. Revenue from operations rose 58% to Rs 211 crore led ...

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The Top 50 Real State & Infra Company- RANK 36, Omkar Realtors, Babulal Varma, MD

Mumbai-based Omkar Realtors sold nearly Rs 400 crore worth properties last fiscal year to NRIs and opened own office in Dubai and Singapore to cater to demand rise. The company plans to open offices in the US and London property markets as well to achieve the targeted sales booking of Rs 450 crore this fiscal year. Maximum sales are happening in Alta Monte Malad East, Omkar Lawns & Beyond, and Omkar Ser ...

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The Top 50 Real State & Infra Company- RANK 35, Lodha group, Abhishek Lodha, MD

In April, Lodha Group, the country’s largest real estate firm by sales, announced that it is foraying into the warehousing space with a 150-acre facility in Palava to diversify revenue streams amid a tepid residential property market. Palava’s proximity to both the JNPT and the upcoming Navi Mumbai airport makes it an ideal warehousing location for corporates. Palava is a 4,500-acre greenfield smart city in ...

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The Top 50 Real State & Infra Company- RANK 34, ABIL Group, Amit Bhosale, MD

In a closely contested auction, Pune-based realty developer ABIL Group has acquired an eight-storey commercial building at Trafalgar Square in London for nearly £100 million, or Rs 900 crore, from American global investment management corporation Black-Rock. The deal value includes stamp duty of 5% and other charges that have been paid as the registration has been concluded. The property also offers an opti ...

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