DDA
The Delhi Development Authority has unveiled the Budget Estimates for the next fiscal (FY2022-23) with an annual outlay of ₹7,933 crore and receipts have been projected at ₹7,943 crore. The estimate is for several civic infrastructure projects in sub-cities and ₹2,922 crore has been set aside for the purpose.

The DDA has signed an MoU with the National Highways Authority of India for the construction of Urban Extension Road–II (UER) as a national highway. The road will connect Dwarka, Rohini, Narela and will reduce congestion on local roads. The project has gathered pace, ₹900 crore has been released during 2021-22 and an enhanced sum of ₹725 crore has been kept in BE 2022-23 for this project. The DDA will also chip in ₹1,000 crore to the DMRC for its Phase-IV project, for which in BE22-23, ₹240 crore has been set aside.

The DDA has allocated ₹2,543 crore in BE2022-23 for the completion of the ongoing housing projects. In addition to the existing 18,000 flats in the works, a number of projects are also likely to be completed this year in Dwarka and Narela, from which the Authority expects to make ₹2,761 crore in sales. As for the in-situ rehabilitation program of the DDA, ₹30 crore has been set aside for 3,024 EWS units in Kalkaji Extension and ₹168 crore allocated for the 1,675 units being built in Jailorwallah Bagh.

DDA has floated RFPs of 6 projects comprising 10 JJ Clusters. It has also allocated ₹280 crore for the Bharat Vandana Park and also set aside funds for the rejuvenation of water bodies and Yamuna floodplains.
The Central government has plans to build infrastructure and industrial projects with an investment of ₹100 lakh crore, said V K Singh, Minister of State for Road Transport & Highways, during his inaugural address at CII EXCON in Bangalore

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Puducherry Smart City Development (PSCDL), a Puducherry government undertaking, will launch a series of development projects worth ₹300 crore, the contract for which has been awarded to NBCC. The proposals include constructing

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“The infrastructure sector is receiving an intense push from the Government, propelling India’s overall development and GDP. The new policies announced by the Government of India would ensure the time-bound creation of world-class

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Expanding their product range, Indian Tyre major, JK Tyre & Industries Ltd has launched 4 new offerings in their Off-the-Road Tyre Segment at South Asia’s largest construction equipment event Excon 2021 in Bangalore

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Real estate developer Lodha has announced a partnership with Bain Capital and Ivanhoé Cambridge to set up a next-generation green digital infrastructure platform that will invest $1 billion for developing digital infrastructure including logistics and light

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Real estate building major, Macrotech Developers, has plans to invest ₹3,800 crore in various new projects during the current fiscal and has set a target to deliver 10,000 homes by next March, said MD and CEO Abhishek Lodha, adding that

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Gurugram-based real estate builder, JMS Group, has announced the launch of 'The Nation' - plotted residential project in Sector 95, Gurugram in the NCR region under the DDJAY scheme. The 285 units’ residential project offers lucrative

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The Water & Effluent Treatment Business of L&T Construction has secured a repeat EPC order from the Department of Water Resources, Jharkhand, to execute the Masalia Ranishwar Megalift irrigation scheme on a turnkey basis. The project envisages

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KONE Elevators India, a global leader in the elevator and escalator industry, has announced its world’s largest passenger elevator at Jio World Centre

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Assam government has announced multiple infra projects involving ₹7,876.45 crore. The state cabinet has also sanctioned ₹3,107 crore for the construction

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The State Level Single Window Clearance Committee (SLSWCC) of the Karnataka government has approved as many as 60 industrial projects involving

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To build world-class infrastructure along the entire border belt of the country, the government is planning to set up a Border Infrastructure Management

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MG Motor India has partnered with Bharat Petroleum Corporation Ltd to bolster EV charging infrastructure across national highways in the country

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The Prime Minister has laid the foundation stones of multiple infrastructure projects involving ₹20,000 crore investment in Jammu and Kashmir. The projects

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Confederation of Indian Industry (CII) organized a roadshow in Delhi to announce EXCON which witnessed the participation of industry leaders and

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The State High Level Clearance Committee spearheaded by the Karnataka CM has cleared 10 projects involving ₹11,513 crore investment

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The Narmada Water Resources Water Supply and Kalpsar Department has invited bids to develop a 9.3km stretch between PDPU and Shahpur Bridges

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The Asian Development Bank has sanctioned an amount of $76.25 million amounting to ₹551 crore for three specific projects under the Agartala

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Choice Consultancy Services Private Limited, a wholly-owned Subsidiary of Choice International Limited, a diversified conglomerate has won

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SPML Infra Limited has secured several Arbitration Awards of a cumulated amount of ₹712 Crore for the projects from different clients in India

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