Bharatmala gets ₹5.35-lakh-cr funding booster

HG Infra
The Union Transport Ministry has cleared an estimated outlay of ₹5,35,000 crore for Phase-I of the Bharatmala Pariyojna, said official sources. A total of 24,800 km of NHs has been considered in Phase-I as well as 10,000 km residual road construction works have been targeted under NHDP. Under this program, the ministry has identified stretches for development of about 9,000 km of economic corridors, about 6,000 km of inter-corridor and feeder roads, about 5,000 km of national highway corridors for improvements, and 2,000 km of border and International connectivity roads. Apart from this, about 2,000 km of coastal and port connectivity roads and 800 km of expressways will also be built under the program. Under Coastal Roads and Port Connectivity roads component, five road projects with a total length of about 163 km at a cost of ₹2,469 crore have been awarded till March, 2019 in the entire country and progress of all the projects is being monitored electronically to ensure timely completion.

World of Concrete Asia 2019

World of Concrete Asia show 2019 will take place in Shanghai from 11 to 13 December 2019. Around 800 exhibitors will gather over an area of more than 52,000 sqm. The show will focus mainly on concrete, flooring and mortar sectors Read More ...

Water infra to attract ₹6.3 lakh-cr investment

With the announcement of the Nal se Jal scheme, the water and sanitation sector is likely to attract an investment of ₹6.3 lakh crore in the next five years. The government’s new scheme, which aims to provide piped water connection Read More ...

NHAI unveils new norms to part finance urban projects

NHAI is working on a mechanism to share gains in land value from upgrading of highways in urban areas as it looks to part-finance urban projects amid increasing costs of land acquisition, said sources. The move will help the Read More ...

Possession first, pay later, new realty market mantra

In a desperate bid to liquidate their surging inventory, the property builders are offering customers a “buy now, pay later" scheme for ready-to-move-in homes. The easy payment schemes, which were earlier offered only for under Read More ...

Govt plans 44 cross-country economic corridors

As many as 44 cross-country economic corridors have been planned under the ambitious Bharatmala scheme and all these corridors will be linked through expressways as the government intends to facilitate seamless trade by reducing the Read More ...

MMRDA clears ₹3,500-cr multi-modal hub

The Mumbai Metropolitan Region Development Authority (MMRDA) has approved ₹3,500 crore for construction of a multi-modal integration project, which will facilitate widening of footpaths, cycle tracks, parking zones, traffic signal Read More ...

NIIF to fund 1,430-km Amritsar-Jamnagar highway project

The National Investment and Infrastructure Fund (NIIF) is set to finance the Amritsar-Jamnagar national highway project. The expressway — one of the country's longest highway projects — would reduce the distance between the two Read More ...

Kerala gets ₹44,000-cr national highway projects

The Kerala government has agreed to develop 600 km of national highways in the state for which it will invest ₹6,000 crore through its share of ₹3,000 crore from the GST income on construction materials. About ₹1,000 crore will be Read More ...

NHAI-NIIF ink agreement for ₹75,000-cr investment

The National Highways Authority of India (NHAI) and the National Infrastructure Investment Fund (NIIF) have signed a MoU to bring big ticket foreign investment in the road sector in order to generate ₹75,000 crore this year to meet Read More ...

Anat Raj realty in JV launches ₹740-cr project

Delhi-based property builder Anat Raj has tied up with Birla Estate to develop a residential project in Gurugram at an investment of ₹740 crore, said an official spokesperson. Birla Estate is the real estate arm of Century Read More ...

Odisha allocated highest ₹5,993-cr for rail projects

Odisha has walked away with the highest ever allocation of ₹5,953 crore for the construction of new rail projects, said East Coast R.ailway (ECoR) sources. Last year, the allotment was ₹5,252 crore. In the Budget proposal, various Read More ...

Govt approves ₹5.35-lakh-cr Phase-I of Bharatmala

A total of 34,800 km of national highway including 10,000 km of residual National Highways Development Project stretches have been approved for development under Bharatmala Pariyojana. About 225 projects of about 9,613 km have Read More ...

Kolte-Patil pushes three realty projects in Pune

Pune-based Kolte-Patil Developers has announced the signing of three new projects in Pune under the development management (DM) model. The company has targeted DM fees of ₹60-65 crore from projects over a period of 30-36 months. Read More ...

Govt grants ₹974-cr for Delhi-Meerut RRTS corridor

The government has allocated a sum of ₹974.25 crore for the Delhi-Meerut regional rapid rail transit system (RRTS). The funds will be given to the National Capital Region Transport Corporation (NCRTC), which is the nodal agency and Read More ...

Assam approves 6 flyover projects in the state

The state transport minister of Assam in a statement said that six new flyovers will be constructed in the state, of which three will be executed in Guwahati's Lokhra, Garchuk and Basistha Chariali areas. He said that three more Read More ...

Centre clears ₹358-cr for rural roads in Tripura

In a bid to build top class road network in Tripura in the north eastern state, the Centre has sanctioned an additional ₹358 crore for construction of new roads in the rural areas of the state. In this connection, Chief Minister 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