NHAI expedites ₹4,200-cr Lucknow-Kanpur e-way
The National Highways Authority of India (NHAI) is all set to bid out the construction works for a greenfield expressway between Lucknow and Kanpur very shortly. The 63-km expressway, to be built at an investment
NCRTC launches construction of RRTS corridor in Delhi
The National Capital Region Transport Corporation (NCRTC) has started construction of the Anand Vihar station on the RRTS corridor and work on the Delhi-Meerut section of corridor has picked up pace
Northern Railway plans 238-km line in Lucknow
The Lucknow division of Northern Railway has planned to lay 238.25 km long double-track line in the eastern part of UP at an investment of ₹462 crore. This zone has also been allotted ₹50 crore for the modernization
BlackOpal bags ₹1,000-cr realty projects in NCR
BlackOpal, a newly set up entity for real estate project management and financing, has bagged six projects in the Delhi-NCR market involving an investment of ₹1,000 crore. The company, founded by Prasson Chauhan
NHAI to execute ₹50,000-crore plan to decongest Delhi this year
NHAI has planned major road projects to decongest Delhi and curb vehicular pollution. This ₹50,000-crore plan will be implemented this year. Once completed, these new roads will decrease traffic load on arterial roads
Sunteck Realty plans ₹6,000-cr affordable housing projects
Property developer Sunteck Realty has planned to invest about ₹6,000 crore to develop three large affordable housing projects spreading across 250 acres in Mumbai Metropolitan Region. Chairman and MD, Kamal Khetan, informed that two out of three projects
BMC floats ₹500-cr shelter housing scheme
BMC has floated Ashray Yojana (shelter scheme), its dream project to provide housing to its conservancy workers. Municipal commissioner, Iqbal Chahal, informed that the civic body has earmarked ₹500 crore for the purpose
UNEP, Tata Power and Central Railway to launch EV Charging Points
The Central Railway, Mumbai, in partnership with the UN Environment Program (UNEP) and Tata Power will jointly launch their novel green initiative to promote e-mobility in Mumbai. The joint venture has announced the installation
bauma CONEXPO INDIA 2021 cancelled
bauma CONEXPO INDIA, the International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles will not take place this year
Project Management Institute Underscores How Projects Will Counterbalance the Rising Forces of Disruption
Project Management Institute (PMI) has released its latest report on long-term business, geopolitical, and technological trends that are reshaping our world and the types of projects that will be most prevalent and critical in the years to come
Hyderabad to get its tallest skyscraper and more highrises
Hyderabad's skyline is all set to change as the Greater Hyderabad Municipal Corporation (GHMC) has approved the city's tallest skyscraper. The administration has given a green signal to Sumadhura Group's 44-storey
Delhi slashes circle rates of property by 20%
In a welcome move to bring down property rates in the national capital, the Delhi government has cut circle rates by 20 per cent to effectively check property price spiral in the metropolitan city. The new order covers
NMMC invites bids for building ₹269-cr flyover
The Navi Mumbai Municipal Corporation (NMMC) has invited bids for the construction of a flyover starting from Mahatma Phule Junction Sector-17, Vashi to Kopri Bridge in Navi Mumbai. The project involves an investment
Centre approves ₹6995-cr rail lines in Odisha
The Centre has allocated ₹6,995.5 crore for the development of railway lines in Odisha this year as compared to ₹4,373 crore last year. One of the oldest and important projects of the state, Khurda Road-Balangir
Spending in construction sector gets 30% hike
Country's construction industry's spending is set to increase by over 30% as the annual budget has also proposed a new Development Finance Institution (DFI) with a starting capital of approximately US$2.7 billion
PSP Projects secures ₹236-cr orders
PSP Projects Ltd has received an additional work order worth ₹236 crores for an Institutional project in Gujarat. Apart from this, the company has also been ranked the L1 bidder
DBL emerges as lowest bidder for ₹654-cr rail contract
Dilip Buildcon (DBL) has emerged as the lowest (L1) bidder on percentage rate (EPC project) for a tender floated by Ircon International involving an investment of ₹654.97 crore with a completion period
Odisha unveils 300-km eight-lane road widening
The 300-km Paradip-Barbil road in Odisha will soon be widened to eight lanes. Union Steel Minister Dharmendra Pradhan informed that a decision to this effect has already been taken during the meeting
Majuli in Assam gets ₹1,375-cr infra upgrades
The Finance Commission has recommended a new embankment-cum-road around Majuli in Assam where the island will have a project for comprehensive development of the Kamakhya temple in Guwahati
Dam of Tapovan power project washed away in Uttarakhand floods
A massive flood has been reported in Uttarakhand's Joshimath area after a glacier broke in Dhauli Ganga valley. A dam of the Tapovan power project was breached. Reports suggested that the dam has been washed away
NHAI contractor makes world record
A National Highways Authority of India (NHAI) contractor has made a world record by laying Pavement Quality Concrete (PQC) for a four-lane highway of 2,580 meters length within 24 hours. The record is a part of the greenfield Delhi-Vadodara-Mumbai
Christie's International Real Estate enters India
The global real estate consultant Christie's International Real Estate has entered into India in partnership with Himmat and Rohini Singh LLP to tap opportunities in the Indian luxury housing market
Govt to launch Jal Jeevan Mission & Swachh Bharat Mission 2.0 in urban areas
The Finance Minister in her Budget proposals has announced that Jal Jeevan Mission Urban, with an outlay of ₹2,87,000 crore over 5 years, is aimed at universal water supply across all 4,378 urban local bodies, with 2.86 crore
Govt allocates ₹23,500-cr for Metro & RRTS corridor projects
The Union Budget has allocated ₹23,500 crore for Mass Rapid Transit System projects, which includes all Metro projects across the country and the RRTS project. The country's first high-speed Regional Rapid Transit System corridor
Housing & Urban Infra secures ₹54,581-cr funds
The Union Housing and Urban Affairs Ministry has been allocated ₹54,581 crore for the next fiscal in the Union Budget for 2021-22 proposals. The Swachh Bharat Mission-Urban, a flagship program of the government
Govt proposes 2 high-speed rail corridors in Maharashtra
The Central government has proposed two new high-speed rail lines - Mumbai-Nashik-Nagpur and Mumbai-Pune-Hyderabad. The railway authorities informed that the first route is within the state and the second is to be executed
Indian Railways eyes ₹1.1 trillion budgetary support for FY21-22
Indian Railways is looking forward to long-term infrastructure projects of freight corridors and speedier trains as it has got the highest-ever gross budgetary support (GBS) in the Union Budget. Capital expenditure for 2021-22
MSRDC floats tender for ₹1,470-cr GST Bhavan in Mumbai
The Maharashtra State Road Development Corporation (MSRDC) has floated a tender inviting three companies to submit e-bids for the construction of Goods and Services Tax (GST) Bhavan at Wadala in Mumbai
FM proposes 7 port projects worth over ₹2,000-cr
Union Finance Minister has announced seven port projects worth over ₹2,000 crore. These will be undertaken through public-private partnership (PPP) model in the upcoming fiscal. Major ports will be moving
SECR secures ₹1,795-cr budget booster
The Union finance minister has allocated ₹1,795 crore in the Budget for the Central Railway and South East Central Railway (SECR). Adequate fund allocation has been made for capacity expansion on trunk lines of Nagpur-Sewagram
