TransIndia Real Estate Limited, an Allcargo Group firm, has purchased two land parcels for warehousing in Gurgaon's Farukh Nagar for a total of Rs 231 crore. Both plots of land are located in Reliance Industries' Model Economic Township. According to papers discovered by analytic firm CRE Matrix, the first property piece, covering 56.52 acres, was purchased for Rs 134 crore by Allcargo Inland Park...
Mukesh Ambani, India's richest person, has quickly transformed Reliance Industries Limited into a business conglomerate with the most diverse interests. RIL subsidiary Model Economic Township Limited, or MET City, is currently building a world-class smart city from the ground up near the national capital region. The new greenfield city is being developed in Jhajjar Haryana near Gurugram, a key...