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MIDC to Allocate ₹6,000 Cr for Purandar Airport Land Purchase

Representative Image PUNE: The Maharashtra Industrial Development Corporation (MIDC) is set to allocate approximately Rs 6,000 crore for land acquisition related to the proposed Purandar airport, according to state government sources reported by TOI on Saturday. The Pune district administration has submitted the proposal, which is currently undergoing final approval stages. An official mentioned, “The clearance is imminent, and we expect to release around Rs 6,000 crore for land acquisition.” Based on a notification from March 17, 2025, under the Land Acquisition Act, farmers are being offered compensation of Rs 1 crore per acre, with double compensation for on-site assets…

ONE Group to invest ₹700 crore in reviving Sushant Aquapolis

NEW DELHI: ONE Group has successfully acquired the former Sushant Aquapolis project on NH9, Ghaziabad through the NCLT process, rebranding it as ONE Aquapolis. The group intends to invest approximately ₹700 crore to complete and revitalize the project, aiming for a total revenue potential of ₹1,300 crore. This investment will prioritize infrastructure improvements, landscaping, and enhanced amenities. Spanning 26.18 acres, this integrated group housing development consists of 26 towers with around 3,000 residential units. To date, over 150 units have been handed over, and 125 families are currently residing in the community. Published On Nov 21, 2025 at 01:00 PM…

Aditya Birla Real Estate Q2 FY26 Net Loss Reaches ₹73.10 Crore

NEW DELHI: Aditya Birla Real Estate (previously Century Textiles and Industries) has reported a net consolidated loss after tax of ₹73.10 crore for the quarter ending September 30, 2025. This compares to a net loss after tax of ₹1.28 crore recorded in the same quarter last year, according to a filing with BSE. The company’s net consolidated total income was ₹113.23 crore, down from ₹275.82 crore reported in the same quarter last year. As of September 30, 2025, the net worth stood at ₹3,797.24 crore, with a debt-equity ratio of 1.45, a current liability ratio of 0.69, total debts to…