NMC plans six concrete road projects

Concrete Road Projects Nagpur
The Nagpur Municipal Corporation (NMC) has planned to construct six more cement roads in city under phase II of cement roads building initiative of the local body. The total cost of the roads is Rs. 25-cr and that RPS Infraprojects has bagged the tender for the first two roads at 12% below the estimate, which included Untkhana Read More...

Cabinet clears Rs. 1,983.51-cr highway project

Delhi Meerut Expressway Project
In a move that will go a long way in smoothening traffic flow in and around the National Capital, the union cabinet recently approved the third stretch of the Delhi-Meerut expressway project entailing an investment worth Rs. 1,983.51cr. The project, which will help reduce the travel time between Delhi and Meerut by 45 minutes Read More...

NHIDCL awards Rs. 3,799-cr road projects

NHIDCL Road Projects
The National Highways and Infrastructure Development Corporation (NHIDCL), which has decided to award 500 km of road projects in the current financial year, has recently awarded 15 projects covering 333 km with an estimated cost of Rs 3,799cr. The Nodal Road Building Agency has been mandated to fast-track road projects in tough Read More...

TN awaits Rs. 80,000cr infra projects

Transport Minister Nitin Gadkari
According to the Transport Minister, Nitin Gadkari, Tamil Nadu is turning out to be a major beneficiary under Sagarmala, Rs.4 lakh-cr Flagship River and allied infra building program of the Centre envisaging port-led development and that the initiative, which was conceived as a 10-year project, is going to be completed in Read More...

MSRDC floats bids for highway project

Pune Mumbai Highway
In its quest to ensure smooth flow of vehicular traffic on the 6.3km Pune-Mumbai highway, the Maharashtra State Road Development Corporation (MSRDC) has invited bids for the widening of Dehu Road Cantonment Board stretch. The work has failed to start in the last 10 years for various reasons but now the MSRDC is determined to build Read More...

Low cost housing scheme on anvil

Houses For Retirement Fund Body EPFO
In its attempt to provide low cost housing units to over five crore PF subscribers, the government is currently working on a scheme to build houses for retirement fund body EPFO. In this connection, it is exploring the possibility to introduce a scheme allowing its subscribers to pledge their future PF contribution to buy such houses Read More...

MTHL project worth Rs. 17,750cr up for grab

Mumbai Trans Harbour Link Project
In order to provide direct connectivity between Mumbai harbour and Navi Mumbai, the Mumbai Metropolitan Region Development Authority (MMRDA), has invited request for qualification (RFQ) for the selecting contractor for Rs. 17,750-cr Mumbai Trans Harbour Link (MTHL) project. The project in question stretching upto 22-km-six lane Read More...

MMRDA speeds up Rs. 6,200cr metro project

Mumbai Metro
To make the 11.7km metro rail stretch operational as quickly as possible, the MMRDA has fast tracked the construction work on Mumbai Metro 7 corridor connecting Dahisar East to Andheri East at an investment worth Rs. 6,200-cr and the work on the mega project is all set to start very shortly. The project Read More...

Cabinet clears Rs. 2,844.72cr highway project

Lucknow Sultanpur Highway
In a recent move, the Cabinet Committee on Economic Affairs, has given its approval for the development of four laning of Lucknow-Sultanpur section on National Highway 56 in Uttar Pradesh under the National Highways Development Project (NHDP) Phase-IV on Hybrid Annuity Model at an investment worth Rs.2,844.72-cr including cost Read More...

Road project worth Rs. 1,583-cr gets clearance

Himachal Pradesh Road Project Clearance
The Cabinet Committee on Economic Affairs in a latest move has approved highway projects worth Rs. 1,583-cr in Himachal Pradesh under NHDP under Hybrid Annuity Mode. The first project pertains to two laning with construction of four-lane highway of the Shimla bypass, which is between Kaithlighat and Shimla on NH-22 at a cost Read More...

Ganga Authority gets Rs. 2,446cr infra projects

Ganga Cleaning Initiative
Injecting a major booster to the Ganga cleaning initiative, the empowered steering committee of the National Ganga River Basin Authority has cleared infra projects including the construction of world class ghats and other facilities entailing a staggering investment worth Rs 2,446cr. The empowered steering committee (ESC) Read More...

Asset Homes launches Rs. 1,000cr projects

Asset Homes Realty Projects
Adding to its project portfolio in the realty sector, the Kerala-based realty major has decided to launch 12 projects in the state at an investment worth Rs. 1000cr, thereby taking the total number of projects implemented by the company to 80, managing director, V Sunil Kumar said, adding that the new projects will include Read More...

Amethi awaits Rs. 476cr infra upgrade

Akhilesh Yadav
Accelerating the infrastructure building process in the rural heartland of the state, the Uttar Pradesh government has recently cleared Rs. 476-cr for all-round development of Amethi district under the State government's ambitious Zila Yojna programme, said official sources claiming that the sanctioned funds will be used Read More...

Aspire Home secures Rs. 200cr infusion

Aspire Home Finance
In an attempt to ensure smooth flow of funds in the housing sector, Motilal Oswal Financial Services' has decided to infuse Rs 200-cr into Aspire Home Finance Corp (AHFCL) in the current financial year on expectation of strong growth in the housing finance business. AHFCL is a subsidiary of Motilal Oswal Securities, Read More...

MEP Infra plans Rs. 1,200cr under InvIT

Infrastructure Investment
The road infra builder of repute, MEP Infrastructure Developers in a recent move, has planned to generate Rs 1,200-cr from an infrastructure investment trust (InvIT), which it is contemplating to launch this fiscal itself and that the player has already submitted its proposal to the Securities and Exchange Board Read More...

RoB project worth Rs. 153-cr up for grab

HUDA Railway Over Bridge
In order to ensure free flow of vehicular traffic on the Dwarka expressway connecting Gurgaon, the Haryana Urban Development Authority (HUDA) has decided to construct a railway-over-bridge (RoB) at the junction of sector 100 and 37D at Basai village at an investment worth Rs. 153cr. The project in question is on Read More...

Jaipur emerges as an ideal investment destination

Jaipur Investment Destination
Riding high on the back of its location and well planned layout and architecture, Jaipur has emerged as an ideal investment destination for both domestic and international investors. Among score of other factors, it is rising to prominence as it offers innumerable options and varied opportunities for entrepreneurs, large corporates Read More...

BMC awards Rs. 176-cr bridge projects

Hancock Bridge
The Brihanmumbai Municipal Corporation (BMC) has awarded four bridge projects including the Hancock bridge at Byculla near Sandhurst Road entailing an investment worth Rs. 176cr, said official sources, adding that the Civic Standing Committee cleared the proposal, which also comprised a bridge at Lokhandwala creek in Andheri, Read More...

Burnpur Cement unveils Rs.500-cr expansion

Burnpur Cement
In order to add to its cement manufacturing capacity, Burnpur Cement in a recent move has decided to invest worth Rs. 500-cr to expand its manufacturing capacity to 3 million tonnes per annum (mtpa) in the near future, vice chairman and managing director, Ashok Gutgutia said, adding that as of now its installed capacity Read More...

BoA clears 4 ha mega SEZ projects

Special Economic Zone Bengaluru
The Board of Approval (BoA), headed by Commerce Secretary, Rita Teaotia, at its recent meeting cleared an IT/ITeSEZ Special Economic Zone project in Bengaluru, which is stretching across over 4 hectares. The decision was taken by an inter-ministerial meeting whereby the Board noted that the developer is in possession of the land Read More...

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...

New Building Material & Construction World

New Building Material & Construction World
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture

Lifting & Specialized Transport

Lifting & Specialized Transport

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week