CIDCO has fast-tracked plans for a 667-acre Aerocity near Navi Mumbai International Airport, which is set to open in September. The development will integrate residential, commercial and retail hubs with wider infrastructure projects to transform the Mumbai Metropolitan Region.
Embassy Office Parks REIT has raised ₹1,550 crore through bonds and loans, securing its lowest borrowing cost in four years. The refinancing deal is expected to save 113 basis points annually, supporting the REIT’s strategy to strengthen its balance sheet and boost future growth.