CCEA approves ₹33, 690-cr for urban infra in Mumbai

CCEA approves ₹33, 690-cr for urban infra in Mumbai
The Cabinet Committee on Economic Affairs, which spearheaded by PM, recently approved Phase-III-A of the Mumbai Urban Transport Project involving an investment of ₹33,690 crore and the project is expected to be completed in the next five years Read More...

DMRC delivers DPR for ₹3,300-cr twin metro corridors

DMRC delivers DPR for ₹3,300-cr twin metro corridors
The Delhi Metro Rail Corporation (DMRC) has submitted revised project reports for the Noida-Ghaziabad twin metro corridors involving about ₹3,300 crore investment. As per the revised DPR for the two Blue Line Metro extensions, Phase-3 involves Read More...

PFC fires ₹28,500-cr in water infra projects in Telangana

PFC fires ₹28,500-cr in water infra projects in Telangana
In an encouraging development, Power Finance Corporation (PFC) has recently agreed to extend funds worth ₹28,500 crore for twin water infra projects in Telangana, PFC Chairman Rajeev Sharma said adding that in the first case the PFC agreed in principle Read More...

Konkan Railway gets ₹600-cr for tunnel project

Konkan Railway gets ₹600-cr for tunnel project
The state government in Kerala has selected Konkan Railway Corporation to execute the Wayanad-Kozhikode tunnel road, an alternative to the ghat road connecting Kozhikode and Bengaluru through Wayanad for which the state government has already Read More...

NHAI unveils four-lane highway project in TN

NHAI unveils four-lane highway project in TN
In a booster to economic and industrial growth in Tamil Nadu, NHAI has decided to build a new 45.85 km 4/6-lane national highway from Melur in Madurai to Karaikudi in Sivaganga district under the Centre‘s flagship Bharatmala project. The traffic Read More...

Pune Metropolis gets ₹1,722-cr funding booster

Pune Metropolis gets ₹1,722-cr funding booster
The state government in Maharashtra has made a provision worth ₹1,722 crore for the Pune Metropolitan Regional Development Authority (PMRDA) of which ₹320 crore has been allocated for the town-planning schemes undertaken by the nodal agency Read More...

Hines in JV launches ₹1,900-cr project in Gurgaon

Hines in JV launches ₹1,900-cr project in Gurgaon
The US-based Hines group has recently entered in a joint venture with DHDL, a subsidiary of the country’s largest realty builder DLF, to jointly build ₹1,900 crore in the real estate project in Gurgaon. In this connection late last year Read More...

NHAI takes up four-lane highway widening works

NHAI takes up four-lane highway widening works
In a bid to ensure smooth movement of vehicular traffic on the Mettupalayam Road (NH-67) from Perianaickenpalayam to Mathampalayam, the NHAI has recently taken up the four-lane expansion work. The work on the 6.1km stretch for which an agreement Read More...

GST Council offers two options for realtors

GST Council offers two options for realtors
The GST Council in its recent decision has stated that real estate developers with unsold housing inventories can now choose either the old rate or the new one if the project is still under construction as on March 31. The decision also cleared Read More...

NCR & MMR lead the way in affordable housing

NCR & MMR lead the way in affordable housing
According to ANAROCK Property Consultants' latest report 'Affordable Housing, the Delhi NCR and Mumbai Metropolitan Region account for 55% share of total 6 lakh affordable units launched across the top 7 cities in the country. NCR saw maximum supply Read More...

ASK injects ₹326-cr in a real estate projects

ASK injects ₹326-cr in a real estate projects
Ensuring smooth flow of funds to the on-going real estate projects, ASK group via its private equity arm will invest ₹326 crore in housing projects being developed by QVC Realty, Tridhaatu and TVS Emerald. These projects are located in Mumbai Read More...

Railway rolls out ₹894-cr cross-country bridge ventures

Railway rolls out ₹894-cr cross-country bridge ventures
In order to avoid trains stopping at signals, the Indian Railways has decided to build 250 ROBs and RUBs at busy railway junctions identified across the country, and construction is set to start shortly. The ₹894.47 Read More...

GDA goes for ₹649-cr Hindon-DND flyway project

GDA goes for ₹649-cr Hindon-DND flyway project
Ghaziabad Development Authority has decided to build an elevated road starting from Hindon to Noida's DND flyway at an investment of ₹649 crore. Consultants hired for preparing a feasibility report, have recommended Read More...

New policy to resolve ₹30,000-cr stalled NH projects

New policy to resolve ₹30,000-cr stalled NH projects
In a bid to unlock the money of lenders and private players, including the crisis-hit ones, the transport ministry has unveiled a policy for resolving stalled highway projects worth ₹30,000 crore. Agencies such Read More...

Shapoorji Pallonji wins 7 Awards from CIDC

Shapoorji Pallonji wins 7 Awards from CIDC
Shapoorji Pallonji's Engineering & Construction (SP E&C) Division has won 7 Achievement Awards for Construction Health, Safety & Environment (CODE – I). The Organization was recognized by the Construction Read More...

Eicher Trucks & Buses Plans to Expand its presence in the African Market

Eicher Trucks & Buses Plans to Expand its presence in the African Market
Eicher Trucks and Buses commemorated the long-standing association with the Africa region with its participation at the 14th edition CII- EXIM Bank Conclave on India Africa Project Partnership at Taj Diplomatic Read More...

Trimble Introduces Tekla 2019 Structural BIM Software Solutions

Trimble Introduces Tekla 2019 Structural BIM Software Solutions
Trimble introduced the latest versions of its Tekla structural BIM (Building Information Modeling) software solutions for the construction industry: Tekla Structures 2019, Tekla Structural Designer 2019, Tekla Read More...

Karnataka clears ₹423-cr bridge venture

Karnataka clears ₹423-cr bridge venture
The Karnataka government has cleared a bridge project between Amabaragodlu and Kalasavalli villages in the Shravasti backwater region of Sagara taluka to be built at an investment of ₹423 crore. Once commissioned Read More...

MMRDA speeds up ₹203-cr flyover project

MMRDA speeds up ₹203-cr flyover project
Construction of the flyover connecting Eastern Express Highway with BKC is cruising ahead with MMRDA launching girders above the tracks near Sion and Chunabhatti stations. The nodal agency has got the approval to block Read More...

Shristi Infra launches realty project in Bengal

Shristi Infra launches realty project in Bengal
West Bengal-based Shristi Infrastructure Development Corporation (SIDCL) has launched phase III of the lifestyle condominium at Krishnagar Sentrum in the state. The residential tower comprises premium 2-bhk and 3-bhk Read More...

NHSRCL floats bids for ₹20,000-cr bullet train project

NHSRCL floats bids for ₹20,000-cr bullet train project
The National High Speed Rail Corporation (NHSRCL) has invited bids for 237-kms of the 508-km Ahmedabad-Mumbai bullet train project - the biggest ever contract for civil construction in India. Official sources informed Read More...

L&T wins ₹2,236-cr BMRCL underground metro contract

L&T wins ₹2,236-cr BMRCL underground metro contract
L&T has bagged the tender for two underground packages of the Bangalore metro project on the Gottigere-Nagawara corridor. The company has received bids for the underground section from Vellara Junction to Shivajinagar Read More...

Railway hastens ₹5,000-cr Khalilabad-Bahraich rail line

Railway hastens ₹5,000-cr Khalilabad-Bahraich rail line
The Indian Railways recently launched a 240 km-long Khalilabad-Bahraich railway line involving an investment of ₹5,000 crore in Uttar Pradesh. Official sources informed that the railway track will be constructed to connect Read More...

Expressway worth ₹90,000-cr off to a flying start

Expressway worth ₹90,000-cr off to a flying start
NHAI has launched construction work of the 1,320-km long Delhi-Vadodara-Mumbai Expressway involving an estimated cost worth ₹90,000 crore. The work of the mega project is being taken up in three phases at a cost of Read More...

Cabinet clears ₹12,114-cr Surat metro rail project

Cabinet clears ₹12,114-cr Surat metro rail project
In a major boost to public transport in the Diamond City, the Union cabinet has approved the Surat Metro Rail project entailing an investment of ₹12,114 crore. The city will also in the near future see pre- Read More...

NHAI unveils ₹5,010-cr highway project in TN

NHAI unveils ₹5,010-cr highway project in TN
NHAI has launched construction work on the ₹5,010-crore highway projects in Kanchipuram in Tamil Nadu. State government sources said that the PM has already laid the foundation stones for the mega road projects, which Read More...

MoRTH launches ₹1,588-cr inter-modal hub in Nagpur

MoRTH launches ₹1,588-cr inter-modal hub in Nagpur
The Union transport minister has launched construction of an inter-modal station (IMS) hub involving an investment of ₹1,588.81 crore, in Nagpur. IMS is a passenger terminal integrating various transportation Read More...

CCEA approves ₹1,866-cr for rail line in Odisha

CCEA approves ₹1,866-cr for rail line in Odisha
The Cabinet Committee on Economic Affairs has cleared construction of a third railway line between Narayangarh in West Bengal and Bhadrak in Odisha. Finance minister Arun Jaitley said that the new 155-km railway line, which Read More...

KEC International rakes up ₹1,323-cr contracts

KEC International rakes up ₹1,323-cr contracts
EPC company KEC International, has bagged multiple orders worth ₹1,323 crore in railways, civil, smart city infrastructure, cable laying, power transmission and distribution (T&D) segments. Its T&D business has secured Read More...

SECR clears ₹922-cr gauge conversion of rail line

SECR clears ₹922-cr gauge conversion of rail line
The ministry of railways has sanctioned ₹922 crore gauge conversion projects between Nagpur and Nagbhid with a length of 106-km and civil and construction work on long-pending gauge conversion project being taken up Read More...

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