Mumbai awaits big realty boom

Mumbai Realty Boom
The recently announced Rail & Road Infra Projects by the state government and its nodal agency-Mumbai Metropolitan Region Development Authority (MMRDA), are all set to inject a major booster to the state's real estate sector. As a matter of fact, if connectivity is improved, Read More...

MUDA marches with Rs.251 infra plans

Mysuru Infra Building Projects
Accelerating the infra building projects within its jurisdiction, the Mysuru Urban Development Authority (MUDA) has set aside a staggering sum worth Rs. 251.69-cr to implement multiple infra projects during the current financial year. The projects included building new roads and upgrading the existing Read More...

Govt targets 90 new airport projects

New Airport Projects
Strictly adhering to its commitment to provide uninterrupted connectivity to smaller cities, The Union Government is all set to start building new airports and upgrading the existing ones and that the task will be completed in the next one year. In fact, under a government plan to service smaller Read More...

Honeywell completes city surveillance project in Ujjain

SURVEILLANCE PROJECT IN UJJAIN
Honeywell has completed a city-wide installation of surveillance and emergency response technology in Ujjain to support the Madhya Pradesh Police Department's work in crime prevention, and traffic and crowd management during the Simhastha Kumbh. The Simhastha Kumbh is among the world's largest Read More...

Shipping sector plans Rs. 15,000-cr terminals

Shipping Sector Terminals
In its quest to build road network matching established standards, the state government in Maharashtra has decided to build, strengthen, and widening of around 21,000km of roads and is actively seeking funds from Asian Development Bank. In fact, it aims to link industrial clusters and providing Read More...

M’rashtra eyes ADB aid for road upgrade

ADB Road Upgrade
In its quest to build road network matching established standards, the state government in Maharashtra has decided to build, strengthen, and widening of around 21,000km of roads and is actively seeking funds from Asian Development Bank. In fact, it aims to link industrial clusters and providing Read More...

Govt fixes 2nd airport project in NCR on radar

Airport Project in NCR
In order to de-congest Indira Gandhi International Airport in Delhi from air traffic, the Union government is actively contemplating to build second airport in the National Capital Region (NCR). At present, two proposals are under consideration of the Civil Aviation Ministry but a final decision Read More...

VECV records soaring sales in June, 2016

Volvo Eicher Commercial Vehicle
Commercial Vehicles Ltd. (VECV), which is a joint venture between the Volvo Group and Eicher Motors Limited, has recorded a growth of 18.5% by selling 4,935 vehicles in the just concluded month as compared to 4,163 units in the corresponding period in June last year. This includes 4,878 units Read More...

NHAI eyes Rs. 10,000cr funds from LIC

LIC FUND For NHAI
In order to achieve the ambitious target of building 40 kms of roads per day, the Road Transport and Highways Ministry is roping in Life Insurance Corporation of India (LIC) to fund its ambitious road expansion plans, said sources, claiming that the LIC in turn is likely to subscribe NHAI bonds Read More...

Sri Lanka offers $ 44-bn projects to Indian firms

Megapolis Urban Development Project
Known for their quality construction practices, Indian companies like the Tatas and Infosys are all set to get an ambitious 15-year Megapolis urban development project, covering the entire Western Province of Sri Lanka, entailing a staggering investment worth $ 44 billion. The projects Read More...

Railways unveil Rs. 7,867-cr project in J&K

Railways Project in Jammu Kashmir
In order to fulfill its commitment to build top class rail network in the state of Jammu and Kashmir, Indian Railways has recently rolled out a Jammu-Punch Mega Rail Project, involving an investment worth Rs. 7,827cr, said an official spokesperson, adding that the proposal for the construction Read More...

CCEA steers clears Rs. 6,000-cr road projects

CCEA Road Projects
Injecting a major booster to the road infra across the country, Cabinet Committee on Economic Affairs, has recently given its approval to three major highway projects at an investment of Rs. 6,000cr, said finance ministry sources, elaborating that the government has given its nod to the four laning Read More...

Embassy Group plans 30-acre SEZ project

Embassy Group SEZ Project
In a major booster to the otherwise dormant Special Economic Zones' sector, property developer- Embassy Group has emerged as the exclusive co-developer for setting up a 30-acre special economic zone in the heart of the Chennai city, said an industry insider, adding that the project Read More...

Chhattisgarh unveils Rs. 4,500cr smart city

Chhattisgarh Smart City
The Bilaspur Municipal Corporation, in Chhattisgarh, has recently cleared a Smart City project on 1,000 hectares involving an investment worth Rs. 4,500cr. In this regard, a resolution was passed in the general body meeting of Mayor-In-Council (MIC), recently. Prior to this Read More...

Govt. fast tracks NH project in North East

National Highway Project in North East
In its quest to build world class road infrastructure in the border belt of north eastern region of the country, the Union Transport Ministry has decided to widen and rebuild the National Highway-44 in Tripura on "war footing", Road Transport and Highways Minister, Nitin Gadkari Read More...

Logistics infra awaits $6-8bn investment

Logistics Infra Online Shopping
As the popularity of online shopping in India is going up with time, the e-commerce players have lined-up close to $6-8 billion investment in logistics, infrastructure, and warehousing sector in the next few years, an Assocham-PwC study said in its recent finding. The e-commerce market Read More...

Odisha gets Rs. 750-cr road infra booster

Odisha Road Infra
In order to build the requisite road network in the state, the Union government has recently approved Rs. 750-cr to be invested in the Odisha's road and highway sector. As a matter of fact, the state will receive Rs. 400.97-cr under the connectivity scheme and under the Central Road Fund (CRF) Read More...

JNPT plans Rs. 250-cr capacity addition

Jawaharlal Nehru Port Trust
In an attempt to add to its cargo handling capacity, Jawaharlal Nehru Port Trust (JNPT) is all set to expand its capacity involving an investment worth Rs. 250-cr and has already identified the location for the planned expansion, Deputy Chairman Neeraj Bansal said, adding that the Trust will award contract Read More...

AMC readies Rs. 1,730cr smart city project

Aurangabad Smart City Project
The Aurangabad Municipal Corporation (AMC) in a recent move has readied a revised proposal worth Rs.1,730-cr to the Central Government to build a Smart City Project matching world standards. Under the ambitious Smart City scheme, the civic body has given greater focus on specific amenities Read More...

M’rashtra gets Rs. 67,000-cr for road upgrade

Chandrakant Patil
In a major development to upgrade the road infrastructure in Maharashtra, Centre has cleared a whopping sum worth Rs. 67,000-cr to build new roads and upgrade the existing ones across the state, Public Works Minister Chandrakant Patil, said in a statement, elaborating that the state has committed Read More...

Kerala cracks Rs. 1000cr road project

Kerala Road Project
In a bid to make available smooth transport facilities to the local road users, the state government in Kerala has included the Angamaly-Nedumbassery airport bypass road project in its road building plans, said official sources, detailing that the project in question, which involved an investment Read More...

CIMIC secures $169.5-mn mix use project

Retail And Hospitality Project in Mumbai
An offshore player, CIMIC Group Company Leighton Asia, with its headquarters in Australia and engaged in infra and construction segments, through its subsidiary Leighton India Contractors, has recently secured deal worth $169.5 million to build a retail and hospitality project in Mumbai Read More...

Govt. clears Rs. 5,939-cr road projects

Highways Projects
In its quest to provide hassle-free transport facilities in states like Maharashtra, Andhra Pradesh, Telangana, Sikkim, and Assam, among others, the government has recently cleared 8 highway projects entailing an investment worth Rs. 5,939cr. Of these, four will be implemented under the hybrid annuity model Read More...

Jharkhand plans 1,72,588 housing units

Housing Units in Jharkhand
Setting a target to build five lakh houses by 2022, Jharkhand government has decided to build 1,72,588 housing units under the Prime Minister Housing scheme-rural during 2016-17. To construct houses in this fiscal, Rs. 1,30,000 has been targeted for the Maoist-affected and Rs. 1,20,000 for non-Naxal-hit Read More...

MMRDA unveils 23-km metro corridor

MMRDA Metro Corridor
The MMRDA is considering a metro connect linking Thane, Bhiwandi and Kalyan providing a faster and comfortable transport facilities in these area. The agency is awaiting a comprehensive mobility study before finalizing route of the corridor. Nearly 23-km-long new link between Thane and Kalyan Read More...

Govt targets $1.5 trillion matching infra deficit

Arun Jaitley
In order to match the burgeoning infrastructure deficit across the country, the government has targeted an estimated investment worth $1.5 trillion in the next decade. On this score, it has also planned to connect 700 thousand villages with roads by 2019 as part of a massive modernization initiative Read More...

NOIDA-DMICDC plans Rs. 20,000 cr metro line

NOIDA DMICDC High Speed Metro
In a joint initiative, the Greater Noida authority and the Delhi-Mumbai Industrial Corridor Development Corporation Limited (DMICDC) have decided to build an industrial project in Greater Noida's Bodaki area and are all set to prepare a Detailed Project Report (DPR) of 52.9 km Read More...

NHAI unveils new highway in NCR

Highway in NCR
The National Highway Authority of India (NHAI) has started work on preparing a detailed Project Report (DPR) for the new 75 km National Highway crisscrossing the NCR towns like Noida, Ghaziabad, Faridabad, and Gurgaon. On this score, the transport ministry had in October 2015 Read More...

MEP Infra secures Rs. 604.68-cr road project

MEP Infra Road Project
Adding yet another road project to its surging order book in the segment, MEP Infrastructure Developers Ltd. in a joint venture with its Spanish partner has secured a road project entailing an investment worth Rs. 604.68cr. In this connection, the company received a letter of Award Read More...

ADB injects $500-mn in bridge project

Bridge Over Ganga River in Bihar
In a major infra push in Bihar, Asian Development Bank has recently approved $500 million (Rs. 3,350cr) for constructing a bridge across Ganga River in Bihar. After commissioning, the 9.8 km long road-bridge will be country's longest river-bridge and would provide vital transport links Read More...
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New Building Material & Construction World
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Modern Green Structures & Architecture
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Lifting & Specialized Transport
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Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week