AP gets Rs. 2,000-cr concrete roads

Ayyanna Patrudu Concrete Roads
Improving the road connectivity across the rural belt of the state, the Andhra Pradesh government has decided to construct cement roads with a whopping length of 5,000-km at an investment of Rs 2,000cr, Panchayat Raj Minister, Ayyanna Patrudu said, adding that the government has identified the villages where CC roads Read More...

Jharkhand clears 1,428-km road upgrade

Pon Radhakrishnan
The Transport Ministry has in a recent move cleared road projects with a length of 1,428-km whereby most of the road projects involved laying new road lengths and upgrading the existing ones. On this score, the Ministry of Road Transport & Highways has accorded In Principle 'approval for declaration of new National Highways' Read More...

Railway plans Rs. 40,000-cr projects in Mumbai

Suresh Prabhu Mumbai Railways
Accelerating the rail network building process in the Mumbai metropolitan city, Indian Railways has chalked out a plan to invest Rs 40,000-cr in different projects in Mumbai, blueprint of which will be prepared before August 15, railway sources said, claiming that the foundation stone laying ceremony of a FOB (Foot Over Bridge) Read More...

Radius Developers in JV for realty project

Radius Developers Joint Venture
Radius Developers, which is a Mumbai-based property developer, in a recent development has entered into a joint venture with Rohan Lifespaces to execute the latter's redevelopment project at Hughes Road in South Mumbai, said official sources claiming that as a part of the alliance, Radius will execute and market Read More...

NHAI launches FASTag on toll plazas

NHAI Toll Plaza FASTag
Ensuring smooth and hassle free movement of vehicular traffic across the country, the National Highways Authority of India has recently rolled out cashless payment mechanism (FASTag) on toll plazas on the national highways. The FASTag, which was formally launched at a toll plaza of NH-8 at CTM in Ahmedabad, offers near Read More...

AP launches Rs. 1,000-cr Plastic Park

Central Institute of Plastic Engineering and Technology
In an attempt to provide world class plastic engineering training to youth, Andhra Pradesh govt. has decided to set up another Central Institute of Plastic Engineering and Technology (CIPET) to train 5,000 plastic engineers and technicians every year, which will be set up in Anantapur district, said Union Minister Read More...

Eight waterways projects up for grab

Waterways Projects
Fast tracking the process of building waterways projects across the country, the Union Government is all set to invite bids for developing eight rivers as National Waterways very shortly by injecting a major booster in the movement of goods and passengers through rivers via cheaper mode of transport. On this score Read More...

Smart cities get $1.5-bn WB, ADB booster

ADB World Bank Smart City Projects
In a major financial booster to the much hyped smart city projects, the multilateral funding bodies including Asian Development Bank and the World Bank have agreed to provide $1-bn and 0.5-bn respectively to build these projects, Secretary, Urban Development, Rajiv Gauba, said in a statement. Adding more information to it, Read More...

Aviation sector awaits Rs. 6,000-cr investment

Indian Aviation Sector
In order to provide air connectivity across the country, the Union government is contemplating to investment a staggering sum worth Rs 6,000-cr this fiscal on building 75 regional airports. On this score, the civil aviation ministry will soon send a formal proposal to the Finance Ministry and both have already discussed Read More...

Railway launches Rs. 140-cr road projects

Link Road Connecting NH 24 NH 58 Ghaziabad
In an attempt to provide top class connectivity by joining the two sections of NH-24 & 58 link road over the Delhi-Howrah near Ghaziabad, the Railways will soon start the work on the road project. The scope of work in the venture included 3.65-km elevated link road, which will connect the two major highway Read More...

Govt clears highway project in NE

Itanagar Banderdewa Highway Project
The Ministry of Road Transport & Highways of North East Region has sanctioned the 4-laning of Itanagar to Banderdewa Highway Project and three Flyovers in the capital complex of the state, Chief Engineer, MoRTH for the region, V K Rajawat said, adding that the project will be steered cleared once the DPR Read More...

Govt fixes 25,000-km targets at 40-km per day

Highway Building Target
Setting an astounding highway building targets of 25,000kms at 40km per day, the central government has decided to award contracts worth Rs. 2.5 lakh-cr in the current financial year and funds worth Rs. 1 lakh-cr are likely to flow from LIC and EPFO. In the current budget, Read More...

UP unveils Rs. 28,095-cr metro rail projects

Uttar Pradesh Metro Rail
Apart from making major headways in building multiple e-way projects, the state government in Uttar Pradesh has chalked out an ambitious metro rail network plan entailing a staggering investment worth Rs 28,095-cr across the state. In the road sector, the state has planned inter-city and intra-city road and transport Read More...

Govt fixes Rs. 25,000-cr for roads in hilly states

Roads in Hilly States
In its quest to build a classic road infrastructure across the Himalayan belt, the Union government is preparing a Rs 25,000-cr plan for construction of about 2,000 kilometres of highways in 12 hilly states in the country, said official sources, claiming that the highest number of highway length will be awarded Read More...

Bihar gets Rs. 5,000-cr under PMGSY

Bihar PMGSY Fund
In the on-going exercise of allocation of funds to various states, Bihar has reportedly walked away with the highest allocation worth Rs. 5,000-cr followed by Madhya Pradesh Rs 2833cr, Odisha Rs 2750-cr and West Bengal Rs 2260cr. Whereas other states like Punjab get Rs 135-cr and Himachal Pradesh Read More...

Goa goes for Rs. 280-cr road venture

Goa Road Venture
The work on the bypass road, which will reduce the distance between Chaudi and Mashem by over 15 km entailing an investment worth Rs. 280-cr has begun on a war footing. The road will include three bridges, one each over the Talpona River (450m), the Galgibaga River (500m) and over the Mashem creek (130m). The project Read More...

UP Housing Board plans realty projects

UP Housing Board Realty Project
In a bid to expand its boundary beyond the existing limits, the UP Housing and Development Board (UPHDB) for the first time has proposed constructing housing projects in Basti and Barabankaai whereby it has identified 47 acres in Barabanki to develop under the 'Chinhat Deva Marg Bhoomi Vikas Evam Grihasthan Yojna.' Read More...

Haryana unveils affordable housing policy

Haryana Affordable Housing
In order to achieve the goal of providing houses for all, Haryana government has recenlty notified the Affordable Plotted Housing Policy 2016 for low and medium potential towns under Deen Dayal Jan Awas Yojna. The policy will facilitate creation of additional affordable housing stock in the low and medium potential towns Read More...

Trump-IREO plans Rs. 1000-cr commercial tower

Trump IREO commercial tower
In a major booster to the Gurgaon real estate sector, the US-based Trump Organisation recently announced a tie-up with India's real estate private equity firm IREO to develop an office tower in Gurgaon, costing around Rs 1,000cr. This is the third project in India by Trump Organisation, founded by republican presidential Read More...

JDA targets Rs. 2,700-cr investment for FY16

Jaipur Development Authority
In order to build world class infrastructure in the city, the Jaipur Development Authority (JDA) has targeted a staggering investment worth Rs 2,700-cr during the current fiscal year, which is nearly 42% higher than the preceding financial year. As per the budget proposal, a major portion, Rs 1,825-cr has been allocated to carry Read More...

Maritime sector awaits Rs. 83k-cr investment

Maritime India Summit
In view of the huge future business opportunities in the country's shipping sector, the just concluded maiden Maritime Summit has resulted in investment commitments of nearly Rs 83,000-cr ($13 billion) in the shipping, ports and allied sectors, Union Shipping Minister Nitin Gadkari said, claiming that as many as Read More...

Bhopal city braces for Rs. 22,000-cr facelift

Shivraj Singh Chouhan
In order to inject a major infra booster to the capital city of Madhya Pradesh, the state government has earmarked a staggering sum worth Rs 22,000-cr for building a world class infrastructure in the second half of the decade, said the state CM, elaborating that Rs 15,000-cr will be spent on Bhopal's development, which also covers Read More...

Punjab clears Rs. 750-cr road upgrade

Punjab Road Upgrade
The state government in Punjab has recently cleared Rs 750-cr for repair and strengthening of 6,500 km link road across the state, said official sources, claiming that the government has given directions to the officers of Public Works Department to ensure to carry out construction as quickly as possible. The project of connecting Read More...

J&K plans Rs. 3,600-cr roads under PMGSY

New Road Project in Jammu Kashmir
In its newest scheme of things whereby the State governments would get financial assistance of Rs 873-cr under Pradhan Mantri Gram Sadak Yojna (PMGSY) during this year as the state government in Jammu and Kashmir has sent a proposal of 487 new road projects worth Rs 3600-cr under 10th phase of the PMGSY Scheme to the Centre Read More...

Govt. achieves 6,300-km at 18-km per day

Road Building Capacity
Most of the projects that the government has already awarded are being undertaken by the newly constituted National Highways and Industrial Development Corporation at a pace of 28km per day. In this regard, the nodal agency will divide road contracts into small packages so that they can be awarded to local contractors to generate Read More...

Google seals 1 lakh sq ft space deal

Google Space Deal
In an attempt to expand its operational ambit the global Internet giant Google has recently sealed 1 lakh sq ft office space lease deal in Bengaluru's Bagmane World Technology Centre, said sources, adding that the deal is a part of its plans to tap into the local market and engineering talent for which it has also decided to Read More...

M’rashtra clears Rs. 16,000-cr airport project

Navi Mumbai International Airport
After much dilly dallying, the state cabinet in Maharashtra has recently given its approval to the City Industrial Development Corporation to issue a Request for Proposal (RFP) for the proposed Navi Mumbai International airport entailing a staggering investment worth Rs. 16,000cr. A RFP, which is in fact a solicitation, made through Read More...

Huawei fixes Indian smart cities on radar

Huawei Indian Smart Cities
Betting big on the huge future business opportunities in the Indian smart city projects, China-based telecom gear and equipment maker, Huawei with its other partners, is all set to kick off a number of Smart City projects in the country. The offshore player in collaboration with its partners is targeting areas like public safety Read More...

Rustomjee launches tallest residential tower

Rustomjee Urbania
Adding luster to its project portfolio in the country's real estate sector, Rustomjee recently announced the launch of Sky Homes in the tallest residential tower of Thane township named as Rustomjee Urbania for which the builder has already placed all approvals in place and that residents now have access to stunning panoramic views Read More...

ADB fires $300-mn into UP’s road sector

ADB UP Road Sector
In its attempt to help the state government to build world class road infrastructure, the Asian Development Bank has recently cleared $300 million to upgrade over 400 kilometers of major district roads in Uttar Pradesh. The funds are required to be invested in building new roads and improving and maintaining the existing ones Read More...

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