BEML, formerly Bharat Earth Movers Limited, has been awarded a ₹3,658 crore contract by Chennai Metro Rail Limited. The scope of the contract includes the design, manufacture, supply, testing, and commissioning of standard gauge metro rolling stock (Electrical Multiple Units). It also covers training personnel and providing comprehensive maintenance for 15 years, along with depot machinery and plant.
Gainwell Engineering Private Limited (GEPL) has unveiled the first-ever domestically manufactured Room and Pillar Mining Equipment Package. Delivered to Eastern Coalfields Limited, the breakthrough equipment marks a significant milestone
Prime Minister Shri Narendra Modi has inaugurated the 6.5-km-long Z-Morh tunnel in Jammu and Kashmir's Ganderbal district, ensuring year-round connectivity to the Sonamarg tourist resort.
CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has reported a sharp 47% year-on-year increase in land deal volumes in 2024, surpassing 2,000 acres across eight major cities. The findings, part of its report
Occupancy levels for Grade A office space in Hyderabad are projected to drop significantly to 75.5-76.0% by March 2026, compared to ~86.0% in March 2023, according to ICRA. This decline is attributed to a substantial oversupply outpacing
The Indian Car of the Year (ICOTY) and Indian Motorcycle of the Year (IMOTY) awards, presented by JK Tyre since their inception, were held at the elegantly designed Levitas Lounge in New Delhi. Widely regarded as the most prestigious
Prateek Group, a leading real estate developer in Delhi-NCR, has announced a ₹2,000-crore investment in its luxury residential project, Prateek Grand Begonia, in Siddharth Vihar, Ghaziabad. The 15-acre project will feature 2,400 premium
Interarch Building Products Limited, a leading name in the Pre-Engineered Building (PEB) industry, has announced two significant project wins, strengthening its position in delivering cutting-edge infrastructure solutions for
Macrotech Developers, known for its Lodha brand, has acquired a 20-acre land parcel in Bengaluru to develop a housing project valued at ₹2,800 crore. The Mumbai-based company is expanding its footprint by acquiring land through outright purchases
India's under-construction residential supply surged 46.8% year-on-year, driven by robust market demand, according to Magicbricks Research. Bengaluru led the growth with a remarkable 114% YoY increase, followed by Gurugram at 98%.
India boasts the second-largest road network globally, with its National Highways stretching over 146,195 km, forming the country's primary arterial network. To further enhance and fortify this infrastructure, the Government of India
Puravankara has successfully acquired a 3.63-acre land parcel located in Vajrahalli, off Kanakapura Road in Bengaluru. The site offers a saleable area of 5.42 lakh square feet and is expected to yield a total estimated gross development
Embassy Office Parks REIT, India’s first listed REIT and Asia's largest office REIT by area, has announced the signing of an Agreement to Lease (ATL) with global cybersecurity company Rubrik at its Embassy TechVillage in Bengaluru.
IRB Infrastructure Developers Ltd and IRB Infrastructure Trust (Private InvIT) have announced a strong year-on-year growth of 19% in toll collection for December 2024. The total toll collection for the month stood at Rs. 5,799 million
Dineshchandra R. Agrawal Infracon has been declared the lowest bidder (L1) for the execution of balance of plant (BOP) packages for the 1x800 MW ultra super critical unit no. 7 at the Ukai Thermal Power Station (TPS), operated by Gujarat
India boasts a coastline of approximately 7,500 km, spanning across 13 states and Union Territories. Along this coastline, there are 227 ports, including 13 major ports and 214 non-major ports. Of these, 78 ports are operational
The global self-erecting tower cranes market is poised for significant growth, with projections indicating a surge to $1.35 billion by 2031, according to a new comprehensive report from The Insight Partners. This remarkable expansion
Afcons Infrastructure Ltd. has received a Letter of Intent (LoI) from the Defence Research and Development Organisation (DRDO), the research and development arm of the Ministry of Defence, for a major infrastructure project.
Prime Minister Narendra Modi laid the foundation stone and inaugurated development works totaling over ₹2 lakh crore in Visakhapatnam, Andhra Pradesh, signaling a transformative phase for the state's infrastructure and economy.
India is projected to outpace major steel-consuming economies in 2025, with demand expected to grow by 8-9%, according to a CRISIL report. This surge will be driven by increased adoption of steel-intensive construction in the housing
