B-Right Realestate, Arvind SmartSpaces and UltraTech Cement to see some action today
Puravankara has acquired the balance 9,99,900 Equity Shares of Rs 10 each of Sobha Puravankara Aviation
B-Right Realestate has entered into Joint Venture Agreement with Ayyappa Developer (Shreenathji Group) for development of Celestial Heights Phase II project located at S.V. Road, Malad (West) of Village Malad, Taluka Borivali. The project is expected to yield Gross Development Value (GDV) of Rs 70 crore. The project is luxury project having 4 BHK flats and 5 BHK flats. It is located near Jain Temple and Malad Railway Station.
Arvind SmartSpaces (ASL) has acquired a new residential high-rise project on Sarjapur Road, Bengaluru with a total estimated saleable area of around 6.8 lakh sq. ft. and a top-line potential of around Rs 860 crore. The project is acquired on an outright basis. The project is located on Sarjapur Road in Bengaluru.
UltraTech Cement has commissioned additional new grinding capacity of 2.7 mtpa at its Aligarh unit in Uttar Pradesh. With this commissioning, the total cement grinding capacity of the Aligarh unit now stands at 4.0 mtpa and increasing the company’s capacity to 13.1 mtpa in the state of Uttar Pradesh.
Subex has won deal with a North American AI and Data transformation specialist providing services to telecom operators in the region, to launch subscription and handset fraud risk assessment services. Built on Subex’s FraudZap, the solution applies AI to help telecom operators tackle handset fraud, one of the most significant fraud challenges in the industry. It enables CSPs to identify high-risk activity early and take timely action to protect revenues while maintaining a smooth customer experience.
Puravankara has acquired the balance 9,99,900 Equity Shares of Rs 10 each (10.46%) of Sobha Puravankara Aviation (SPAL). As a result of the acquisition of this balance equity shares, the shareholding of Puravankara in SPAL has increased from the present 89.49% to 99.95%.
Ashiana Housing has acquired a piece of land admeasuring 8.83 acres (approximately) on outright purchase basis from various sellers at village Wavarle, Taluk Khalapur, District Raigad (Maharashtra). The company is proposing to develop a Senior Living project on this land with a saleable area of around 4.50 lakh sq. ft.
Unicommerce eSolutions and SuperYou have entered into partnership to streamline SuperYou’s e-commerce and quick commerce (Q-com) operations. As part of the partnership, SuperYou has adopted Unicommerce’s flagship platform, Uniware, to manage orders and inventory across Q-com platforms, marketplaces, and its own D2C website.

