Bhumika Logistic enters realty with ₹300-cr projects

Bhumika Logistic enters realty with ₹300-cr projects
Logistic firm Bhumika Group has forayed into the real estate segment and will develop a mixed use project at Udaipur in Rajasthan at an investment of ₹300 crore. The company is developing over 10 lakh sq ft area in the first Read More...

TN launches ₹260-cr east coast road project

TN launches ₹260-cr east coast road project
The much delayed six-lane stretch of East Coast Road starting from Thiruvanmiyur to Akkarai will have dual-level grade separators and would cost ₹260 crore. The DPR has been submitted to the authorities envisaging six-lane Read More...

Cidco approves 194 ha land for second town planning

Cidco approves 194 ha land for second town planning
Lokesh Chandra, VC & MD of CIDCO informed hthat they have sanctioned the second town planning scheme (TPS) for CIDCO's proposed NAINA Project, covering an area of 194 hectares. TPS-2 covers the villages of Devad, Bhokharpada Read More...

RHB plans luxury housing projects on PPP model

RHB plans luxury housing projects on PPP model
In an attempt to improve its credibility and regain buyers trust again the Rajasthan Housing Board (RHB) plans to launch luxury apartments for the higher income group (HIG) on PPP model at Aravali Path in Mansarovar area of the Read More...

DivyaSree-ADIA in JV announces commercial projects

DivyaSree-ADIA in JV announces commercial projects
DivyaSree Developers and Abu Dhabi Investment Authority (ADIA) have jointly decided to build 15 million sq ft of commercial projects across India's major cities in the next five years. While ADIA is putting in $200 million in one Read More...

UP unveils ₹5,555-cr Gorakhpur link expressway

UP unveils ₹5,555-cr Gorakhpur link expressway
The 91-km long Gorakhpur Link Expressway entailing an investment of ₹5,555 crore will link Gorakhpur and the Purvanchal Expressway and also the Bundelkhand Expressway while crisscrossing through Jhansi, Banda, Hamirpur, Mahoba Read More...

BBMP clears ₹438-cr smart roads

BBMP  clears ₹438-cr smart roads
The committee of Bruhat Bengaluru Mahanagara Palike (BBMP) has started the process of building 20 smart roads under the Centre's Smart City Project at a total investment of ₹438 crores. The smart roads will feature smart roads Read More...

Manitou Launches Two New Telehandlers & Compact Loaders for Emerging Markets

Manitou Launches Two New Telehandlers & Compact Loaders for Emerging Markets
Manitou group, a leader in rough-terrain handling, hosted a dealer-press meet 'Stronger Together' in Phuket, Thailand and unveiled two new telehandlers and compact loaders specifically for emerging markets of Asia, the Middle East Read More...

Thyssenkrupp unveils affordable home elevators

Thyssenkrupp unveils affordable home elevators
Buoyed by the nearly 50 percent growth in the Indian market, Thyssenkrupp Access will now launch an affordable range of home elevators, announced managing director Andrew Warbrick. India is a price-sensitive market and by launching Read More...

Adani Ports gets $290-mn investment approval in Myanmar

Adani Ports gets $290-mn investment approval in Myanmar
The Adani Group has received in-principle approval from the Myanmar government to invest $290 million to build and operate a container terminal along the Yangon River for 50-years. This will be the company's second overseas venture Read More...

Mahindra freight forward has global buys on radar

Mahindra freight forward has global buys on radar
Mahindra Logistics has set sights on global acquisitions in the freight forwarding space as it is currently negotiating with several South East Asian companies. CEO Priojshaw Sarkari said that the acquisitions will happen over the Read More...

Govt pushes $15-bn in the country's steel sector

Govt pushes $15-bn in the country's steel sector
To cater to increasing requirement of steel, especially in the infrastructure sector, the Union government has decided to invest $15 billion for increasing steel production in the country, CMD of NMDC, N Baijendra Kumar informed Read More...

GMR Infra earmarks ₹350-cr for biz-park in Hyderabad

GMR Infra earmarks ₹350-cr for biz-park in Hyderabad
GMR Infrastructure has planned to invest about ₹350 crore to set up its first office park on an area of over 1 million sq ft in Hyderabad in a phased manner. The group, which operates the Delhi and Hyderabad airports and has other Read More...

SCCL floats tenders for Kalyani-Khani coal blocks

SCCL floats tenders for Kalyani-Khani coal blocks
Matching its fuel requirements for new power plants, Singareni Collieries Co Ltd (SCCL), has decided to expedite the development of certain coal mining projects, including the Kalyani Khani-6 Incline block. It has invited Read More...

Omkar-L&T Realty building ₹4,500-cr project in Mumbai

Omkar-L&T Realty building ₹4,500-cr project in Mumbai
Master in slum rehabilitation Omkar Realtors is negotiating with L&T Realty to jointly develop a 4.5-acre prime sea-front land parcel in the tony Bandra suburb at a cost of ₹4,500 crore. This will be the second venture of Omkar Read More...

Apollo Global in JV unveils ₹750-cr Chennai IT Park

Apollo Global in JV unveils ₹750-cr Chennai IT Park
US-based Apollo Global Management and Chennai-based Olympia Group have announced investment of ₹750 crore on a 1.1-million sq ft greenfield IT Park in Chennai. The two companies will hold a 51% and 49% stake in the venture and Olympia Read More...

NHAI hastens ₹1,925-cr six-lane bridge over River Brahmaputra

NHAI hastens ₹1,925-cr six-lane bridge over River Brahmaputra
NHAI has hastened the ground work, including soil testing, for the upcoming six-lane bridge over River Brahmaputra which will connect North Guwahati areas to the southern fringes of the city at an investment of ₹1,925 crore. The bridge Read More...

SPREL and Lokhandwala Infra to develop 90-floor skyscraper

SPREL and Lokhandwala Infra to develop 90-floor skyscraper
Shapoorji Pallonji Group's real estate arm SPREL has partnered with Lokhandwala Infrastructure to jointly develop a 'Minerva', a mega real estate project at Mahalaxmi in South Mumbai. As per the agreement, SPREL will develop Read More...

NHAI unveils ₹350-cr national highway project

NHAI unveils ₹350-cr national highway project
The National Highways Authority of India (NHAI) has decided to start the construction work on a ₹350-crore project to unclog the Jaipur-Kishangarh stretch by building flyovers on the route including Mahapura, Bhankrota, Mahindra Read More...

Construction companies await orders worth ₹2.6 lakh-cr

Construction companies await orders worth ₹2.6 lakh-cr
Given the number of under construction metro rail projects currently, construction companies are likely to receive orders worth ₹2.6 lakh crore in the next five years. Domestic brokerage Edelweiss Securities and experts in the Read More...

S Infra achieves financial closer for road project

S Infra achieves financial closer for road project
In a bid to fast track the construction work on the four-laning of (Package-III) Tumkur-Shivamogga section from km. 121 +900 (Banwara) to km. 170+415 (Bettadahalli) of NH-206 on Hybrid Annuity Mode under NHDP Phase-IV in Karnataka Read More...

Bilaspur-Leh rail line is world's biggest & highest project

Bilaspur-Leh rail line is world's biggest & highest project
The upcoming Bilaspur-Manali-Leh railway line is destined to resolve LehLadakh connectivity issues in the Himalayan belt with the Indian Railways and the Ministry of Defence launching the world's biggest and highest infrastructural Read More...

BMRCL connecting airport line with R K Puram

BMRCL connecting airport line with R K Puram
The Bangalore Metro Rail Corporation Limited (BMRCL) has called for fresh geo-technical feasibility bids for connecting airport line with KR Puram (blue) line. Officials said that they are exploring an option to connect the Read More...

Piramal-Omkar join hands for commercial project

Piramal-Omkar join hands for commercial project
Piramal Group's real estate arm Piramal Realty and Omkar Realtors and Developers will jointly develop a 2 million-sq. ft, office complex at Mumbai's Andheri area. Last year, the two companies had enetered into a development Read More...

ICRA targets ₹1.43 lakh-cr spend in road sector

ICRA targets ₹1.43 lakh-cr spend in road sector
Rating agency ICRA in its recent findings concluded that state level spend on roads will increase at a growth rate of 22% to ₹1.43 lakh crore by 2020-21 from ₹96,000 crore in the last fiscal. Driven by Maharashtra and Uttar Pradesh Read More...

Purvanchal & Jaipuria submit proposal to complete 3,500 flats in Noida

Purvanchal & Jaipuria submit proposal to complete 3,500 flats in Noida
Noida-based builders — Purvanchal and Jaipuria — have submitted proposals to takeover the crisis-hit Granite Gate real estate company to complete its 3,500 flats pending at Lotus Panache and Lotus Boulevard housing societies Read More...

AAI building air bridges at Pune airport

AAI building air bridges at Pune airport
The Airports Authority of India (AAI), Pune, will build three new air bridges at the Lohegaon airport in the city, informed airport director Ajay Kumar. The material will be supplied by M/s Adalte and tunneling will be carried Read More...

Water front project at Mundra gets eco clearance

Water front project at Mundra gets eco clearance
In a recent development, the Environment Ministry has given clearance for the development of a greenfield international airport in north Goa and the expansion of a waterfront development plan for Mundra Port by Adani Ports Read More...

NHAI gives go-ahead for RoB on highway to Tiruchi

NHAI gives go-ahead for RoB on highway to Tiruchi
The National Highways Authority of India (NHAI) recently gave its nod for the construction of the ROB, with a rotary on top, on the National Highway to Tiruchi. The State Highways Department is all set to float tenders for the ROB Read More...

KRTCL hastens light metro project in Kerala

KRTCL hastens light metro project in Kerala
Giving a shot in the arm to the Thiruvananthapuram Light Metro Project, the Kerala Rapid Transit Corporation and the Revenue Department have given their nod for acquisition of 31.34 acres of land in Pattom and Kowdiar villages for Read More...

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NBM&CW

New Building Material & Construction World

New Building Material & Construction World
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Modern Green Structures & Architecture
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Indian Infrastructure & Tenders Week

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