Realty firms M3M India, Salarpuria Sattva and Ahmedabad-based Safal group, as well as businessman Madhav Dhir, have put in separate bids to acquire a commercial project in Gurugram through an insolvency process
Savills in a recent report said Covid has opened conversations around contractual obligations, lock-in periods, exit notices, force majeure clauses, etc, from both a developer and occupier perspective.
Home-bred conglomerate Tata Group has forayed into the phone component manufacturing business and is investing Rs 5,000 crore to establish a manufacturing plant at the industrial complex in Hosur, Tamil Nadu.