Vibe Realty Acquires Two New Projects, Expands Footprint in Pune, Mumbai

21 Apr 2025 CW Team

Vibe Realty Private Limited (VRPL), founded by industry veteran Gopal Sarda, has acquired a joint development project in NIBM, Pune, and a redevelopment site in Bangur Nagar, Goregaon West, Mumbai. These acquisitions mark a major expansion in the company鈥檚 residential development portfolio.

The Pune project spans eight acres and offers 1.03 million square feet of saleable area across over 750 residential units. It is expected to launch in the second half of the financial year with a projected sales value of Rs 6.5 billion. Amenities will include a landscaped environment, a 12,000-plus square feet clubhouse, a modern gymnasium, and a swimming pool.

In May 2024, VRPL secured its fourth redevelopment site in Mumbai on a 4,000 square metre plot in Goregaon West, with a development potential of 0.35 million square feet and estimated revenue of over Rs 2.9 billion.

With previous acquisitions in Khar West, Bandra East, Andheri East, and Goregaon West, VRPL now has a total development potential of 2.7 million square feet and a gross development value exceeding Rs 20 billion. Projects worth Rs 11 billion are expected to launch within the next ninety days.

Source: VMPL/ANI

Infrastructure Urban

16 May 2025

Dr Ajay Kumar Takes Over as UPSC Chairman

Dr Ajay Kumar, Former Secretary, Ministry of Defence took the Oath of Office and Secrecy as Chairman, Union Public Service Commission today. The Oath was administered by Lt Gen Raj Shukla (Retd.), the senior most Member of the Commission.Having pursued a B Tech. in Electrical Engineering from the Indian Institute of Technology, Kanpur, Dr Ajay Kumar has done his MS in Applied Economics from the University of Minnesota, USA and PhD in Business Administration from Carlson School of Management, University of Minnesota, USA. He was also conferred an Hon. Doctor of Philosophy by Amity University in..

Infrastructure Urban

16 May 2025

MSME Ministry Invites Applications for National Award 2024

The Ministry of Micro, Small and Medium Enterprises (MSME) has acknowledged the significant contributions made by MSME entrepreneurs and aims to motivate and encourage them by presenting National Awards for outstanding performance. Currently, there are 35 National Awards offered to MSMEs across various categories. Special provisions have been made to recognize MSMEs led by women entrepreneurs, those belonging to Scheduled Castes (SC) and Scheduled Tribes (ST), and entrepreneurs from the North Eastern Region.Under this scheme, selected MSMEs are honored with a trophy and certificate, along with..

Infrastructure Transport

16 May 2025

MoS Murlidhar Mohol Inaugurates New ATC Tower at Kolhapur Airport

Today marked a significant moment for Maharashtra鈥檚 aviation growth as Union Minister of State for Civil Aviation Murlidhar Mohol inaugurated the new ATC Tower cum Technical Block cum Fire Station at Kolhapur Airport, and flagged off the inaugural Star Air flight between Kolhapur and Nagpur. Under the visionary leadership of Prime Minister Narendra Modi and proactive guidance of Union Minister for Civil Aviation Ram Mohan Naidu, these upgrades aim to enhance air safety, bolster emergency services, and strengthen regional air connectivity across Maharashtra. The Minister expressed deep g..