Godrej realty plans projects worth Rs. 5,038cr

Godrej Realty Projects
Godrej Properties achieved a record-sales bookings of Rs 5,038-cr in 2015-16 fiscal, 88% up from previous year, which is largely due to surging sales of 4,35,000 sq ft of commercial space at Godrej BKC, Mumbai, for Rs 1,479cr. In 2016-17 fiscal, it is targeting to launch 5 new projects and 10 new phases of existing projects Read More...

Rail re-construction projects up for grab

Rail re-construction projects
As a part of the largest drive to inject a complete facelift to 400 railway stations across the country, the Union Rail Ministry has invited expression of interest for rebuilding the Surat Railway station in Gujarat. In this connection, the Indian Railways Station Development Corporation (IRSDC), an arm of the rail ministry Read More...

Commercial realty going vertical in Mumbai

Commercial Realty in Mumbai
The Municipal Corporation of Greater Mumbai has proposed amendments in the country's commercial capital and in case they get approval, the move may change the skyline of the metropolitan city by adding more high-rise buildings. The civic body has suggested that the minimum height for a building falling under the high-rise Read More...

Affordability fires booster in housing sector

Affordability in Housing Sector
In its recent finding, mortgage major- HDFC Limited concluded that due to prevailing low inflationary tendencies, home prices have hit record high levels largely due to the fact that rise in disposable income has made purchasing a house the most affordable ever. The average property value of housing units has appreciated to an all Read More...

Property expo evokes resounding response

Credai Property Expo
The recently concluded three-day property exhibition organised by the Confederation of Real Estate Developers Association of India (CREDAI) at the Chopda Lawns along Gangapur Road attracted close to 15,000 visitors and is set to generate sales of over 140 flats worth Rs 40cr. Apart from this, the exhibition also Read More...

Govt shelling out Rs. 1.6 lakh-cr more for project delay

Infratructure Projects
Due to dilly dallying attitude of the agencies concerned, the government has to shell out a whopping Rs. 1.6 lakh-cr more to execute 238 delayed infra projects, the Statistics Ministry said, adding that the main reasons for cost escalation included land acquisition, forest clearances and other reasons. In fact, the ministry Read More...

DDA deputes private players for theme parks

Theme Parks, Delhi
In order to build theme parks across the national capital, the Delhi Development Authority (DDA) has decided to develop some of its district parks as theme-based urban parks for which the land-owning agency has invited expression of interest from private firms. Officials said that these parks will be developed matching international Read More...

Road projects worth Rs. 25,000cr up for grab

Road Projects Hybrid Annuity Model
The newly-approved Hybrid Annuity Model (HAM) for road projects has seen an increased interest with about 9 to 12 road developers bidding for each of the five projects for which the bids were submitted. As a matter of fact, about 17 HAM projects of about Rs.17,752-cr are likely to come up for bidding by 31 May and seven Read More...

CIDCO floats bids for Rs. 14,570cr project

CIDCO Airport Project
In order to build a world class international airport at Navi Mumbai, City and Industrial Development Corporation (CIDCO) has recently invited financial bids for the proposed airport, said official sources, elaborating that the Request for Proposals (RFPs) were sent out to the three shortlisted bidders recently. They have to respond Read More...

NHAI plans Rs. 16,680-cr e-way projects

NHAI Expressway Project
Ensuring smooth movement of vehicular traffic across highways in the country, the government plans to build 1,000 km of expressways at an investment of Rs 16,680-cr under the National Highways Development Project (NHDP) phase-VI. The plan, which also included Vadodara-Mumbai highway project, is to be executed on Design-Build Read More...

Indiabulls plans Rs. 1,000cr for realty sector

Indiabulls Real Estate
In order to add to its project portfolio in real estate segment, the Asset Management Company's private equity fund is planning to raise Rs. 1,000-cr through its new real estate fund Indiabulls High Yield Fund, including a green shoe option of Rs. 500cr, said official sources, claiming that Indiabulls Asset Management's Read More...

Havells high on smart city projects

Havells smart city projects
With the government's greater focus on the upcoming smart city projects, Havells India, electrical equipment and goods manufacturing, and supplying player of national repute, has recently entered into the fast growing segment of Integrated Automation and Control Solutions. The new range is being launched under its Read More...

NHAI empowers regional wings in road sector

NHAI Delegated Powers
Ensuring faster execution of projects, National Highways Authority of India has delegated powers to its Regional Officers for hiring of equipment and laborers up to Rs.10 lakh per project demolish structures that fall within the right-of-way of the project. As some of the contracts had no provision for demolition of such Read More...

PMAY plans affordable units in 2,508 towns

M Venkaiah Naidu
In a mega housing plan, the Union government has selected 2,508 cities across 26 states under the 'Pradhan Mantri Awas Yojana' for providing affordable houses to the urban poor, Urban Development Minister M Venkaiah Naidu said, adding that according to the scheme guidelines, the houses under the PMAY (U) mission should Read More...

DMRC knocks global elite club’s gate

DMRC Global Elite Club
Delhi Metro by the end of this month will join the global elite club of top 10 urban metro rail network which have a network of over 300 km, a senior Urban Development Ministry official said recently, adding that it started in 1995 and in these 21 years it has spanned 213 km. The top 10 elite club in the world with over 300 km of Read More...

Kullu airport expansion on cards

Kullu Airport
In order to push the flow of tourists to the lush green hilly state, the Union Government is contemplating to expand the passenger handling capacity of the Kullu airport at Bhuntar in Himachal Pradesh. The airport in question is currently operational and is suitable for operation of ATR type of aircraft with load Read More...

KKR infuses Rs. 300cr in realty project

KKR Realty Project
In an attempt to make the most out of the emerging business avenues in the country's real estate sector, the global private equity major KKR's non-banking financial company (NBFC) has agreed to invest Rs 300-cr in two residential projects of realty developer Puranik Builders. The projects included Abitante and Aldea Read More...

Signature realty secures Rs. 150-cr infusion

ICICI Prudential Signature Realty
Adding to its project portfolio in the Indian real estate sector, ICICI Prudential's real estate fund has recently invested Rs 150-cr in realty firm, Signature Global for the development of the on-going and future affordable housing projects. Signature Global, one of the key stakeholders of financial investment firm SMC Group, Read More...

Chinese company plans tallest tower

Chinese Tallest Tower Surat Municipal Corporation
A Chinese company has expressed its willingness to build a 61-storey tallest tower at a shortest possible time in the Diamond City for the Surat Municipal Corporation (SMC). If the planned project is executed, this could be the tallest government building in India. SMC has been operating from the historical Mughal Sarai building Read More...

Phase-II of Mumbai-Goa NH on anvil

Mumbai Goa Highway
Close on the heels of completing the four-laning of Zarap to Patradevi Section NHAI has initiated work on the four laning of Indapur to Zarap Section, which has been divided in 10 packages of which 3 packages covering length of 131 kms have been awarded on Hybrid Annuity Mode and bids for one package covering a length of 34.450kms Read More...

Dubai builders fix Indian realty on radar

Dubai Builders Indian Realty
In view of the emerging business opportunities in the Indian real estate and construction sector, for the Dubai based builders, India becomes the focus market. Shortly after Jumeirah Golf Estates entered India, another Dubai-based real estate major Deyaar Development PJSC has joined hands with real estate aggregator Square Read More...

Reliance gets nod for $3-bn power plant

Reliance Power Plant
Adding to its project portfolio in the power generation segment, Reliance Power has recently secured 'go ahead' signal from Bangladesh government to set up a $3-billion power project with an aggregate of 3,000MW capacity, said official sources, claiming that the Bangladesh government has approved the first phase of project Read More...

AAI earmarks Rs. 15,000cr for new airports

Airports Authority Of India
In a major decision to link the remote and far flung areas of the country with air connectivity, Airports Authority of India (AAI) has chalked out a plan to invest Rs 15,000-cr over the next four years in the development and upgradation of airports. The outlay will include cost for installing solar capacities at several airports Read More...

Govt clears coal linkage to private plants

coal linkage
In a major decision that will go a long way in adding to the speedy exploitation of coal blocks in the country, the Cabinet has given a go-ahead signal that requires private sector power companies to bid for coal linkages. The approved new policy for coal linkages will allow all long-term linkages of individual State government Read More...

NHAI plans Rs. 55,000cr for road sector

NHAI Road Sector
In its quest to achieve the targeted road length in the current financial year, National Highways Authority of India (NHAI) in a latest move has decided to generate a whopping sum worth Rs 55,000-cr to fund the on-going and new projects in the country's road and highway sector. Ministry and the NHAI have jointly proposed to construct Read More...

Core sector signals resounding recovery

Core Sectors
Riding high on the back of upward showing by the eight core sector industries including cement, electricity, refinery products, fertilisers coupled with a low base, core sectors shot up to 6.4 per cent in March 2016 year-on-year basis as compared to a fall of 0.7 per cent in the same month last year. The performance Read More...

Housing loan rates heads southward

Housing Loan Rates
In an encouraging development in the country's housing sector, the housing finance companies are all set to slower their home loan rates as major banks have already started reducing rates shortly after the implementation of a new interest rate calculation regime mandated by the RBI. Banks have shifted to Read More...

Expansion of RGIA airport on anvil

RGIA airport
In order to expand its passenger handling capacity, the GMR Group-operated Rajiv Gandhi International Airport in Kerala is all set to get nod for starting work on the second phase of expansion of the terminal, which has already reached its capacity of 12 million passengers. The airport operator is expecting regulatory nod Read More...

Highways on satellite surveillance radar

ISRO
Close on the heels of tapping the Indian Space Research Organisation's (ISRO) famed frugal engineering skills to develop a battery prototype that can be retro-fitted into old diesel vehicles for delivering motive power, the Roads Ministry in a recent bid reached out to the ISRO again to deploy spatial technology Read More...

Govt targets Rs. 25 lakh-cr infra investment

infra investment
Targeting an astounding investment worth Rs. 25 lakh-cr in the country's infra segments comprising roads, railway, and shipping where projects included the development of 27 industrial clusters at ports at around Rs. 8 lakh-cr, Minister of Road Transport and Highways and Shipping, Nitin Gadkari said, elaborating Read More...
NBM&CW

New Building Material & Construction World

New Building Material & Construction World
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture
L&ST

Lifting & Specialized Transport

Lifting & Specialized Transport
II&TW

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week