HG Infra wins ₹997-cr project under B'mala program

HG Infra wins ₹997-cr project under B'mala program
HG Infra Engineering, a leading player in the road construction sector, has been declared L-1 bidder by National Highways Authority of India (NHAI) for a new ₹997 crore road project in Rajasthan under Bharatmala Read More...

JMC Projects secures ₹507-cr construction contracts

JMC Projects secures ₹507-cr construction contracts
JMC Projects (India) Ltd (JMC), a wholly owned subsidiary of Kalpataru Power Transmission Ltd and a well-known civil engineering and EPC player, has secured new residential and commercial orders worth ₹507 Read More...

Mining sector gets ₹16,000-cr investment commitment

Mining sector gets ₹16,000-cr investment commitment
Mining sector has secured ₹16,000 crore investment commitment in the recently concluded Vibrant Gujarat Summit, where as many as 1,000 MoUs were signed in the mining and mineral-based segment alone. Four of the five Read More...

Naredco demands GST rate cut to 8% for construction sector

Naredco demands GST rate cut to 8% for construction sector
The National Real Estate Development Council (Naredco) has called upon the Central government to rationalize the GST rate on under-construction properties to 8 percent from the current 18 percent. The real estate sector Read More...

Gurugram clears 29 new low-cost housing projects

Gurugram clears 29 new low-cost housing projects
The department of town and country planning (DTCP), Gurugram, has given the go-ahead for 19 new, affordable housing projects, which are likely to be launched on land released as part of the increased allotment for the Read More...

Punjab injects ₹1,708-cr in infrastructure sector

Punjab injects ₹1,708-cr in infrastructure sector
The Punjab government has injected ₹1,708 crore in various infrastructure projects across the state. The CM said that the funds allocation include a grant of ₹208.40 crore for development in rural and urban areas in the Read More...

Centre takes up ₹ 60,000-cr Godavari-Cauvery link project

Centre takes up ₹ 60,000-cr Godavari-Cauvery link project
The Centre is all set to take up a major project to link the Godavari and Cauvery rivers that would resolve the water war between four southern states. The project, that entails an investment of ₹ 60,000 crore, will aim to make Read More...

KMRL floats tenders for ₹ 747-cr water metro project

KMRL floats tenders for ₹ 747-cr water metro project
The Kochi Metro Rail Ltd (KMRL) has floated tenders for construction of five more jetties as part of the ₹ 747-crore Water Metro project. The boat jetties will be constructed at Bolghatty, Fort Kochi, High Court, Mattancherry and Read More...

IKEA offers furnished flats at Virar in Mumbai

IKEA offers furnished flats at Virar in Mumbai
IKEA, the global furniture giant, in a joint venture with realty major, Rustomjee, will build 1,200 fully-furnished flats at Global City project in Virar, Mumbai. The partners will design and furnish the flats to meet Read More...

BIAL launches ₹13,000-cr expansion at KIA airport

BIAL launches ₹13,000-cr expansion at KIA airport
The Bengaluru International Airport Limited (BIAL), which operates the Kempegowda International Airport in Bangalore (KIA), has planned massive capacity expansion including building second terminal at a cost of Read More...

IPRCL speeds up ₹44,605-cr rail lines connecting ports

IPRCL speeds up ₹44,605-cr rail lines connecting ports
The Indian Port Rail Corporation Ltd (IPRCL) has fast tracked 52 projects for rail connectivity to ports entailing an investment of ₹44,605 crore, said official sources. The projects are being undertaken by IPRCL across nine Read More...

Welspun wins ₹1,460-cr national highway project

Welspun wins ₹1,460-cr national highway project
The Welspun Road Infra, a wholly owned subsidiary of Welspun Enterprises Limited, has executed a concession agreement with teh PWD of Maharashtra for upgrading two lane roads with paved shoulders under Read More...

IRB Infra seals ₹2,043-cr road project financing deal

IRB Infra seals ₹2,043-cr road project financing deal
IRB Infrastructure Developers, through its wholly-owned subsidiary VK-1 Expressways, a special purpose vehicle (SPV), has received an appointed date from NHAI for construction of 23.740 km long Padra (Kim)– Vadodara Read More...

EIB injects ₹1,700-cr in Bangalore metro project

EIB injects ₹1,700-cr in Bangalore metro project
The Bangalore Metro Rail Corporation Limited (BMRCL) has signed an agreement with the European Investment Bank (EIB) for ₹1,700 crore construction of Phase-2 of the Namma Metro project. The agreement was Read More...

Karnataka cracks ₹657-cr Chikkamagaluru-Hassan rail line

Karnataka cracks ₹657-cr Chikkamagaluru-Hassan rail line
The Karnataka state Cabinet has approved a new railway line covering the Chikkamagaluru-Beluru- Sakaleshapur-Hassan route entailing an investment of ₹657 crore, stated minister, Bandeppa Kashempur. Read More...

MoRTH approves ₹4,405-cr highway project

MoRTH approves ₹4,405-cr highway project
The transport ministry has recently approved the six lane NH 709-B of 155-km connecting Baghpat, Shyamli, Saharanpur in Uttar Pradesh and Geeta Colony and Khajuri Khas in Delhi involving an investment of ₹4,405cr Read More...

Govt clears ₹908-cr for Renukaji multipurpose dam

Govt clears ₹908-cr for Renukaji multipurpose dam
The CMs of six states: Delhi, Haryana, UP, Uttrakhand, HP and Rajasthan have inked an agreement with the Union Minister of Water Resources & River Development, Nitin Gadkari, the construction of Renukaji Read More...

Bihar approves ₹1,400-cr two lanes road project

Bihar approves ₹1,400-cr two lanes road project
Bihar government has approved alignment of a two-lane state highway from Mansi in Khagaria to Hardi-Chaughara in the Supaul district to offer better road connectivity in the remote parts of the bordering area of Read More...

Karnataka clears 160-km long suburban rail network

Karnataka clears 160-km long suburban rail network
The Karnataka state Cabinet has approved a new railway line covering the Chikkamagaluru-Beluru- Sakaleshapur-Hassan route entailing an investment of ₹657 crore, stated minister, Bandeppa Kashempur. Read More...

DBL gets construction orders for super e-way

DBL gets construction orders for super e-way
Maharashtra State Road Development Corporation (MSRDC), the nodal agency for executing the Nagpur-Mumbai super expressway project has issued the appointed date to Dilip Buildcon to start construction of the mega Read More...

TN steers clears ₹1,931-cr Salem-Chengapalli highway

TN steers clears ₹1,931-cr Salem-Chengapalli highway
The Tamil Nadu government has given the go-ahead for construction of the Salem-Chengapalli national highway where the work largely involves widening of the eight-lane road at a cost ₹1,931 crore. The construction Read More...

Saya Homes plans ₹450-cr retail realty projects

Saya Homes plans ₹450-cr retail realty projects
Adding to its portfolio in the real estate sector, Ghaziabad-based Saya Homes will invest ₹450 crore in its first retail project at Greater Noida. The project named Saya South X, would primarily be a high-street retail development Read More...

Adani targets ₹500-cr from Pune realty project

Adani targets ₹500-cr from Pune realty project
The Adani Group's real estate arm Adani Realty has forayed into the Pune realty market with the launch of a luxury housing project for which it is targeting revenues of ₹500 crore, informed a company official. Adani Realty Read More...

BASF-Adani inks ₹14,000-cr manufacturing plant pact

BASF-Adani inks ₹14,000-cr manufacturing plant pact
The global construction and allied chemicals manufacturer BASF and the Adani Group have signed a deal to set up a ₹14,000-crore petrochemicals plant in Mundra for manufacturing chemicals widely used in industries like Read More...

Delhi-Chandigarh NH to be first fully-electrified highway

Delhi-Chandigarh NH to be first fully-electrified highway
BHEL is installing solar-based electric vehicle chargers (SEVCs) on the Delhi-Chandigarh highway. It will become the first fully electrified highway. Setting up of EV chargers at regular intervals over the 250 km stretch would allay Read More...

Nagaland approves ₹117-cr housing for urban poor

Nagaland approves ₹117-cr housing for urban poor
The Nagaland government has approved ₹117.34 crore for construction of housing units for the urban poor in Kohima town under the JNNURM program. Of the 3,504 dwelling units planned, about 1,512 units have Read More...

West Bengal plans Tajpur deep sea port

West Bengal plans Tajpur deep sea port
The West Bengal government has decided to develop the Tajpur deep sea port in the Midnapore district for which the state’s administration has secured all the statutory clearances, announced chief minister Mamata Banerjee Read More...

Railway approves ₹13,600-cr for stations' upgrade

Railway approves ₹13,600-cr for stations' upgrade
In a bid to build world-class railway stations across the country, the railway minister has cleared ₹13,600 crore for upgrade of railway stations across 68 railway zones. The funds are being allotted to divisional railway Read More...

KNR Construction secures funds for ₹12,340-cr road project

KNR Construction secures funds for ₹12,340-cr road project
In a recent development, the road infrastructure building major, KNR Constructions, the wholly owned subsidiary of KNR Shankarampet Projects, has secured financial closure and the move will pave the way for Read More...

Cabinet clears ₹3,600-cr for building new universities

Cabinet clears ₹3,600-cr for building new universities
The Union Cabinet has granted approval of ₹3,600 crore for the construction of 13 new central universities in the next 36 months. The new universities, which would be built under the Central Universities Act, 2009, will be Read More...
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