Puravankara plans ₹1,100-cr realty projects in Bengaluru

realty projects
Puravankara plans to invest around ₹1,100 crore to develop two new housing projects in Bengaluru as the company has decided to continue with previously planned projects despite the COVID-19 pandemic. Ashish R Puravankara, MD, informed that it launched the two projects on digital platforms and in the first project, Provident Woodfield, the company will develop 356 plots, mostly residential, on a 25-acre land parcel in Electronic City. The total investment in this project is around ₹80 crore and will be delivered by the end of 2023. In the second project, Purva Atmosphere, which is spread over 13 acres at Thanisandra, it will construct 939 units, priced at ₹95 lakh onwards. The two projects will be completed by March 2025 with an estimated investment of ₹1,000 crore. There is a steady rise in customer sentiment veering towards homes as their safe investment option, which has prompted the company to accelerate the process of the new launches.

Maharashtra offers stress funds for slum development

The State Housing Minister, Jitendra Awhad informed that Maharashtra has announced relaxations in its slum redevelopment policy to ensure availability of housing for slum dwellers in Mumbai and the Mumbai Metropolitan Read More ...

Hitachi-ABB wins ₹120-cr railway contract

Hitachi ABB Power Grids India has won a ₹120 crore contract whereby the global technology leader will enable a public electric locomotive manufacturer to advance the government's mission for 100% railway electrification Read More ...

NRTI offers masters programs in railway engineering

The National Rail Engineering System and Transportation Institute (NRTI) has announced the admission to 8 new courses including Masters in Railway Systems Engineering & Integration. The last date for application is July Read More ...

MRVC inks MoU for ₹10,947-cr rail projects

A memorandum of understanding was signed between the Mumbai Railway Vikas Corporation (MRVC) and its development agencies for the implementation of railway expansion projects under the Mumbai Urban Transport Project Read More ...

IRB Infra became the lowest bidder for ₹2,193.23-cr road project

IRB Infrastructure Developers (IRB) has emerged as the lowest bidder for a project in West Bengal and is now entering into the eastern region of the country. The project pertains to a 6-laning of the National corridor Read More ...

Railway unveils ₹16,216-cr rail line in Uttarakhand

Indian Railways has decided to build a 125-km long Rishikesh-Karnaprayag new broad gauge rail line in Uttarakhand, which will not just boost tourism, trade and connectivity among five districts of the state but will also Read More ...

NHSRCL floats tenders for 865-km long high-speed rail line

The National High-Speed Rail Corporation Limited (NHSRCL) has invited bids for preparing DPR for the 865-km long and the second Delhi-Varanasi high-speed rail corridor in the country. The bullet train will reach Delhi Read More ...

NHAI invites bids for ₹1,417-cr EPC project in Gujarat

The National Highways Authority of India (NHAI) has floated tenders for the eight-lane access-controlled expressway project in Gujarat. The scope of work, involving an investment of ₹1,470.07 crore, includes the construction Read More ...

Railway launches ₹250-cr vertical lift sea-bridge in TN

The Indian Railways has commenced the construction of the country's first vertical lift railway sea-bridge at Pamban in Ramanathapuram district of Tamil Nadu. The construction work is to be completed within the next Read More ...

MoRTH hastens the groundwork on Delhi-Katra expressway

Union minister Jitendra Singh informed that the transport ministry has sped up the groundwork on the Katra-Delhi express road corridor as the land acquisition process is in full swing and the Mata Vaishno Devi shrine Read More ...

ICF Chennai floats tenders for 44 high-speed train sets

The Railway Ministry informed that the Integral Coach Factory, Chennai, has floated tenders for 44 semi high-speed rakes or train sets and the financial e-bid and EMD particulars should be submitted online as Read More ...

NH network gets ₹574-cr funds in J&K

The Central government has approved an amount worth ₹574.16 crore for the national highway works in J&K for the current fiscal. The major work includes the construction of 3.23-km three flyovers in Srinagar on NH-44 Read More ...

MoRTH invites bids for ₹633-cr tunnel in J&K

The Union transport ministry has invited bids for the construction of the Sungal Tunnel in J&K involving an investment of ₹633.06 crore. The scope of work includes the designing and construction of the Sungal Tunnel Read More ...

Myanmar commits to expedite India-backed infra projects

Myanmar has resolved to expedite the India-backed infrastructure projects and has also decided to widen the security ties with India as it seeks to check China's expanding presence in the country. The country pushed Read More ...

NMDC’s Bailadila Projects record sharp spurt in sales

The Bailadila Projects of NMDC at Chattisgarh recorded a sharp rise in sales and production in June 2020 as compared to the period of June 2019. Last month, the Bailadila Projects registered a production of 18.61 lakh Read More ...

Taiwan Smart Machinery: The best bet for smart production solutions

Taiwan's smart machinery industry is the best choice for global manufacturers to improve production efficiency and build smart factories. Their smart production solutions include production, automation equipment, equipment 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