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Govt extends Navi Mumbai airport bids

Govt extends Navi Mumbai airport bids

The City and Industrial and Development Corporation (CIDCO) has extended the deadline for submission of Navi Mumbai airport project bids by a fortnight after it attracted only one bidder — GVK group. GVK will also have an opportunity to revise its offer if it so wishes.

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Navi Mumbai airport project to be further delayed

Navi Mumbai airport project to be further delayed

The Navi Mumbai airport bidding process is likely to be delayed further with the entry of a fourth player, a consortium of Voluptas Developers (Hiranandani Group) and Zurich Airport, into the fray. A deadline of September 1 was set for submission of request for proposal (RFP) documents for the three bidders in the fray earlier.

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Tata Realty buys Expressway

Tata Realty buys Expressway

Hyderabad-based Madhucon Projects has signed an agreement to sell its Agra-Jaipur Expressway project to Tata Realty and Infrastructure for Rs 250 crore, making it the second merger and acquisition deal in the roads sector in December 2014.

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Tata to bid for Navi Mumbai airport

Tata to bid for Navi Mumbai airport

Tata Realty and Infrastructure is preparing a possible joint venture with Heathrow Airport's biggest shareholder, Ferrovial SA of Spain, to bid for the Navi Mumbai airport project. Ferrovial SA is one of the worlIf approved,

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Pre-bid meeting for Navi Mumbai airport

Pre-bid meeting for Navi Mumbai airport

About 20 companies participated at the pre-bid conference for the Navi Mumbai International Airport project. This was the first meeting after the City and Industrial Development Corporation (CIDCO) had floated the request for qualification (RFQ) for the proposed airport.

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Tata Group firms mull Rs 700 bn worth projects in 5 yrs

Tata Group firms mull Rs 700 bn worth projects in 5 yrs

In the next five years, Tata Housing, Tata Realty and Tata Projects would implement projects worth at least Rs 70,000 crore, media reports indicate. In the coming years, various Tata Group companies would participate in sectors such as roads and highways, reports indicate. In 2013-14, these three firms are executing projects worth Rs 15,000-20,000 crore