Rs 4,500 cr to be invested by Macrotech Developers on real estate projects
Amid boost in housing demand, Mumbai-headquartered developer Macrotech will invest Rs 4,500 crore in real estate projects and has set a target of 20 percent growth to Rs 14,500 crore for the current financial year. The developer has acquired land
KSH Distriparks invests in 40 new trailers
KSH Distriparks, logistics service provider for container logistics solutions in Pune has announced the acquisition of 40 new trailers to upgrade its existing fleet of 80 trailers. With the addition of new vehicles, the company's total fleet strength now stands
Indian Construction Equipment Industry sets new record: Sales grew 26% to cross 1 lakh mark in FY2022-23
The Indian Construction Equipment (CE) industry experienced remarkable growth of 26% YoY in FY2022-23, with sales surpassing one lakh units. CE sales in Q4-FY23 (Jan-Mar 2023) also increased by 23% over Q4-FY22 and by 22% over Q3-FY23. March 2023
L&T-MEIL joint venture wins Mumbai's Thane-Borivali tunnel project
The joint venture of Larsen & Toubro (L&T) and Megha Engineering & Infrastructures (MEIL) has been declared the lowest bidder for the construction of two civil packages for the Thane-Borivali twin tunnel project in Mumbai. The Mumbai Metropolitan
Noida plans Rs 2,906-cr infrastructure in New Noida area
The Noida Authority has set a goal to invest Rs. 2,906 crore to build infrastructure and other allied facilities in the upcoming 'New Noida' area. The investment plan includes Rs. 1,000 crore for land acquisition and Rs. 1,906 crore for developing the
Gujarat govt plan Rs 2,000-cr peripheral road project
The Gujarat government has revealed plans to construct a seamless peripheral road project, named the Parikrama Path, which will run along the state's borders with other states and its coastline. The 3,533km project is estimated to cost Rs 2,000 crore
Odisha clears Rs 6,284-cr 6-lane Cuttack ring road
The Odisha state cabinet has approved a 6-lane Cuttack ring road project worth Rs 6,284 crore, which will stretch from Khannagar to Link Road under the State Sector-Road Development Program. The project is aimed at improving connectivity and
NHIDCL takes up Rs 998-cr road projects in Assam
The National Highway Infrastructure Development Corporation (NHIDCL) has undertaken several road and highway projects, with a total investment of Rs 998.4 crore in Assam. These projects aim to improve road connectivity on the South Bank of the
MoRTH expedites Agartala-Khowai highway upgrade in Tripura
The Union transport ministry has fast-tracked the construction of Agartala-Khowai section (PKG-I) of the NH-108B upgrade. The project involves upgrading the existing road stretch to a 2-lane road with a paved shoulder, as part of the ministry's commitment
Smart World to invest Rs 3,000-cr in residential projects in Gurgaon
Smart World Developers, backed by India Infoline, Piramal Group and the Bansal family and promoters of M3M group, has announced its plan to invest Rs 3,000 crore in constructing about eight million sq. ft. of residential space across three projects
NHAI unveils Rs 277-cr highway widening in Jharkhand
The 14-kilometer long stretch of the old NH-33, running from Korea Valley in Kuju to Patel Chowk in Ramgarh town, Jharkhand, is set to be transformed into a four-lane superhighway at a cost of Rs 277 crore. This cost will cover the construction of new
KEC International secures new orders worth Rs 1,017-cr
KEC International Ltd. has announced new orders worth Rs 1,017 crores across its various businesses, including Transmission & Distribution (T&D), Civil, and Cables. The T&D business has secured a prestigious order for a 765 kV Transmission line from
CIDCO floats tender for Rs 5,182-cr road infra in NAINA area
The City and Industrial Development Corporation (CIDCO) has issued tenders for the construction of roads and other associated infrastructure in the Navi Mumbai Airport Influence Notified Area (NAINA), according to Dr. Sanjay Mukherjee, the VC and
TBM "Yamuna" completes maiden breakthrough at Agra Fort Metro Station
The Agra Metro Rail Project has achieved a significant milestone with the maiden breakthrough of the Agra Metro TBM "Yamuna" at Agra Fort Metro Station. This marks a proud moment for the project as it makes steady progress towards its completion
RLDA invites bids for commercial development of vacant land near Ajmer Railway Station
Rail Land Development Authority (RLDA) has invited bids for the commercial development of a 1500 sqm vacant land near Community Hall, opposite Swami Complex in Ajmer, Rajasthan. The land parcel, located near Ajmer Railway Station, will be
DMRC to prepare DPR for metro line in Odisha
The Odisha government has partnered with Delhi Metro Rail Corporation (DMRC) to prepare a detailed project report (DPR) for the metro network that will serve the areas of Bhubaneswar, Khordha, Cuttack, and Puri. The first phase of the project
Mahindra Lifespace to rebuild 3.68-acre housing project in Mumbai
Mahindra Lifespace Developers has announced a new agreement to redevelop a housing society located in the Malad suburb of Mumbai. The land parcel spans approximately 3.68 acres and has a revenue potential of around Rs 850 crore. Amit Sinha
MoRTH invites tender for two-laning of Sarwan-Chakai Road in Bihar
The Ministry of Road Transport & Highways (MoRTH) has invited tenders for the improvement of the Sarwan-Chakai road up to NH-333C in Bihar. The project will involve two-laning with paved shoulder of Sarwan-Chakai, covering a total length of 15.972 km
Terex India showcases recycling solutions in Delhi for Swachh Bharat Mission
Terex India showcased its cutting-edge recycling solutions at two recycling events, the CII's Water and Waste Expo and the Clean India Expo, in New Delhi. The company's commitment to the Swachh Bharat Mission was further strengthened by the visit
NFR fast tracks work on Sevoke-Rongpo tunnel in Sikkim
The North Frontier Railway is making rapid progress in the construction of the Sevoke-Rongpo tunnel project, with completion targeted by the end of next year. Dilip Kumar Singh, Divisional Railway Manager of Alipurduar Division of the Northeast
PM inaugurates Kochi Water Metro, boosting connectivity & tourism in Kerala
Prime Minister Narendra Modi inaugurated the Kochi Water Metro, a project that will connect 10 islands to Kochi city through battery-operated electric hybrid boats for seamless connectivity. The project is expected to boost economic growth and tourism
NHAI invites bids for Rs 871.96-cr road project in Bihar
The National Highways Authority of India (NHAI) has announced a bid invitation for a road construction project in Bihar, under the 'Bharatmala Pariyojna' initiative. The project involves four-laning of the Bakarpur-Manikpur road section at NH-139W
Welspun One in JV to build Rs 700-cr warehousing project
Welspun One Logistics Parks (WOLP), an integrated warehousing platform for fund and development, has partnered with GRT Group to develop two 'Grade-A' warehousing projects in Tamil Nadu. These projects will cover a total area of 2.6 million
ECR floats tender for Rs 128-cr bridge projects
East Central Railway in India has issued a tender for the construction of four major bridges, numbered 108, 111, 112, and 114, along with other associated works in the Jharahi-Kheraund section. This construction is part of a new Broad Gauge
PM Modi inaugurates railway projects worth Rs 2,300-cr in MP
Prime Minister Narendra Modi has inaugurated several railway projects worth approximately Rs 2,300 crore in Madhya Pradesh. The projects include the foundation stone laying for the redevelopment of the Gwalior railway station, as well as
NHAI starts work on Rs 1,850-cr Shimla Bypass
The National Highway Authority of India (NHAI) has commenced the construction of a 17.46 km long bypass road in Shimla, which stretches from Kaithlighat to Shakral and is estimated to cost Rs 1,850 crore. This road will reduce the distance between
Sonowal inaugurates Rs 148-cr infra projects in Chennai & Kamarajar Ports
Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal, inaugurated infrastructure projects worth over ₹148 crore to boost the capacity of Chennai and Kamarajar ports in Tamil Nadu. The projects include a bunker berth at Bharathi
PWD plans multiple RoBs across railway crossings in Delhi
The Public Works Department (PWD) has commenced work to conduct a feasibility study for constructing railway overbridges (ROBs) at eight railway crossings located in northwest Delhi on the Delhi-Ambala line, Delhi-Bhatinda line, and Delhi-Bharuch
PNC Infratech wins Rs 819-cr highway contract
PNC Infratech has received a Letter of Acceptance (LoA) for a Rs 819 crore road project from the Ministry of Road Transport and Highways (MORTH). The project involves the construction of a four-lane highway of NH-731A with paved shoulders in Uttar
Civil Aviation launches 5th round of air connectivity scheme
The Civil Aviation Ministry has launched the fifth round of the Regional Connectivity Scheme (RCS), also known as Ude Desh Ka Aam Nagrik (UDAN), with the aim of boosting air connectivity to remote and regional areas. This newest version of the scheme is
