Kerala Government Fast-Tracks Kannur Greenfield Port Project

the Kannur Azhikkal International Greenfield Port

The Kerala government has expedited the development of the Kannur Azhikkal International Greenfield Port, aimed at driving industrial and economic growth in the Malabar region. The state cabinet, led by Chief Minister Pinarayi Vijayan, approved a draft project report by Malabar International Port and SEZ Limited (MIPSL), the entity formed for the port's development. The financial structure report by the Centre for Management Development (CMD) has also been sanctioned, paving the way for further action.

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Omaxe Launches ₹1000 Cr Township ‘New Amritsar’ Near Golden Temple

Omaxe Launches ₹1000 Cr Township ‘New Amritsar’ Near Golden Temple

Omaxe Ltd. has launched its new integrated township, New Amritsar, through its subsidiaries. Strategically located on GT Road, just 12 minutes from the Golden Temple, the project spans 260 acres. In the first phase, Omaxe is developing

Township ‘New Amritsar’ Near Golden Temple

Omaxe Ltd. has launched its new integrated township, New Amritsar, through its subsidiaries. Strategically located on GT Road, just 12 minutes from the Golden Temple, the project spans 260 acres. In the first phase, Omaxe is developing 127 acres with an investment of over ₹1000 crore. This launch strengthens Omaxe’s presence in Punjab, where it already operates in six cities including New Chandigarh, Ludhiana, Patiala, Derabassi, Amritsar, and Bathinda. The project reflects Omaxe’s long-term commitment to Punjab’s real estate and urban infrastructure growth.

“New Amritsar represents a natural extension of our vision to create well-planned, modern urban communities that serve both current needs and future growth. The township is just 12 minutes from the Golden Temple and will soon include a hotel to further enhance its appeal. In the future, we also see the opportunity to expand this township through new land acquisitions. We have demonstrated our capabilities by developing a 1,000+ acre township that has become one of the most loved destinations for homebuyers and commercial buyers across the entire Tricity region. With New Amritsar, we are committed to building the same trust and delivering a self-sustained ecosystem that supports a better quality of life,” said Mohit Goel, Managing Director, Omaxe Ltd.

The New Amritsar township benefits from a region undergoing rapid infrastructure transformation. The upcoming 99 km Nakodar-Amritsar branch of the Delhi-Amritsar-Katra Expressway, which passes directly by New Amritsar, will significantly reduce travel times to Delhi and Jammu by 2026. In addition, the Amritsar Ring Road, a 98 km greenfield, four-lane highway encircling the city, is under construction and further enhances connectivity. Complementing these, the 4.5 km Elevated Road corridor links central Amritsar to the township, with planned extensions toward the university. Additionally, the Sri Guru Ram Das Ji International Airport is undergoing Rs 300 crore expansion to double its capacity, boosting global accessibility. These ongoing infrastructure upgrades highlight the long-term growth potential and make New Amritsar a strategically attractive location for both residents and investors.

The project has already secured RERA registration and necessary approvals. In the first phase, Omaxe is offering residential plots of 300, 500, and 1000 sq. yards. These will be part of a larger master plan that also includes commercial spaces, a school, an exclusive clubhouse, and community infrastructure. Designed to deliver on both convenience and quality of life, the township will include wide internal roads, landscaped greens, walking and cycling tracks, uninterrupted water and electricity supply, and 24x7 security. The layout has been planned to support a balanced, self-sufficient lifestyle while allowing for future scalability.

The project will be developed in phases, with the first phase expected to be completed in approximately four years. The initial investment is being funded through internal accruals. With strong market feedback and sanction received from financial institution, the project has achieved its financial closure. Based on future requirements, the company may consider additional funding routes to support further development. With this project, Omaxe is not just expanding geographically but also reinforcing its role in shaping the urban transformation of Punjab. New Amritsar is expected to emerge as a key destination for residents and investors looking for thoughtfully planned living spaces in the city.

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NHAI Limits Engineers to 10 Projects for Better Supervision of Projects

NHAI Limits Engineers to 10 Projects for Better Supervision of Projects

To enhance quality and supervision mechanism of the National Highway projects, NHAI has restricted the maximum number of 10 projects per ‘Engineer’ for the consultancy firms for supervision of construction or maintenance of National

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World's Largest 3D Printed School Construction Project Begins in Qatar

World's Largest 3D Printed School Construction Project Begins in Qatar

UCC Holding, in collaboration with Qatar's Public Works Authority (Ashghal), has started printing the world’s largest 3D construction project — the 3D Printed Schools Project. The development includes 14 public schools, with two

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Chennai Peripheral Ring Road to Become Tamil Nadu’s 1st 10-Lane Expressway

Chennai Peripheral Ring Road to Become Tamil Nadu’s 1st 10-Lane Expressway

The Tamil Nadu State Highways Department is accelerating construction of the 132.87-km Chennai Peripheral Ring Road, which will be the state’s first 10-lane expressway upon completion. The ₹12,301 crore project, scheduled to open

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Supreme Real Estate Unveils New Brand Identity to Elevate Lifestyle

Supreme Real Estate Unveils New Brand Identity to Elevate Lifestyle

Supreme has launched its new brand identity, reinforcing its mission to "Elevate Lifestyle." As part of the rebranding, Supreme introduced a new logo and redesigned website, reflecting its future-forward vision. The refreshed

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NIIF Transfers ₹4,185 Cr Annuity Road Assets to Cube Highways InvIT

NIIF Transfers ₹4,185 Cr Annuity Road Assets to Cube Highways InvIT

National Investment and Infrastructure Fund (NIIF) and Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt. Ltd., have completed the transfer of two operational annuity road projects from NIIF to Cube InvIT.

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Yanmar America Launches 4TN86DHT Engine Series for Industrial Equipment

Yanmar America Launches 4TN86DHT Engine Series for Industrial Equipment

Yanmar America Corporation has introduced its new 4TN86DHT engine series, offering advanced solutions for a wide range of industrial equipment applications. The lineup features the standard 4TN86DHT-XNYEM model, along with

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Delhi to Get ₹5000 Cr Signal-Free Flyover Corridor for IGI Airport-Gurugram

Delhi to Get ₹5000 Cr Signal-Free Flyover Corridor for IGI Airport-Gurugram

Delhi is set to get a new signal-free flyover corridor that aims to ease traffic congestion and improve connectivity across the city. With an estimated investment of ₹5000 crore, the project has received approval from the National

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Colliers Releases 2024 Global Sustainability Report Highlighting ESG Progress

Colliers Releases 2024 Global Sustainability Report Highlighting ESG Progress

Colliers has released its 2024 Global Sustainability Report showcasing its progress toward targets set in 2021. The report details the company's updated sustainability strategy, Built to Last, which focuses on reducing

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IHG Opens Holiday Inn Express Kolkata New Town, Expands Presence in India

IHG Opens Holiday Inn Express Kolkata New Town, Expands Presence in India

IHG Hotels & Resorts has announced the opening of Holiday Inn Express Kolkata New Town, strengthening its presence in India. Located in Rajarhat’s vibrant New Town area, known for its IT parks and business hubs, the hotel

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MHADA to Redevelop 34-Acre Kamathipura Cluster in South Mumbai Under DCPR 2034

MHADA to Redevelop 34-Acre Kamathipura Cluster in South Mumbai Under DCPR 2034

The Mumbai Building Repairs and Reconstruction Board, a unit of MHADA, has initiated the cluster redevelopment of Kamathipura in South Mumbai. A tender has been issued to appoint a construction and development agency for the project.

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PM Approves ₹6,405 Cr Railway Projects in Jharkhand, Karnataka & Andhra

PM Approves ₹6,405 Cr Railway Projects in Jharkhand, Karnataka & Andhra

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved two railway projects worth ₹6,405 crore under the Ministry

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Ashwin Sheth Group Acquires 50% Stake in One Marina Mumbai

Ashwin Sheth Group Acquires 50% Stake in One Marina Mumbai

Ashwin Sheth Group has acquired a 50% stake in Project One Marina, a luxury residential development on Marine Drive, Marine Lines, one of South Mumbai’s most

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Centre Approves ₹4,224 Cr for 316 PMGSY-IV Road Projects in Jammu & Kashmir

Centre Approves ₹4,224 Cr for 316 PMGSY-IV Road Projects in Jammu & Kashmir

The Centre has approved a ₹4,224.23 crore package for 316 road projects in Jammu and Kashmir under PMGSY-IV, marking the largest allocation for the union

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DPR Tender Awarded for Mangaluru-Bengaluru High-Speed Expressway Project

DPR Tender Awarded for Mangaluru-Bengaluru High-Speed Expressway Project

The tender process for the proposed Mangaluru-Bengaluru High-Speed Express Corridor has been completed by the Ministry of Road Transport and Highways (MoRTH)

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GRSE Secures Contract to Build Two Coastal Research Vessels for GSI

GRSE Secures Contract to Build Two Coastal Research Vessels for GSI

Garden Reach Shipbuilders and Engineers (GRSE) Ltd has signed a contract to build two Coastal Research Vessels (CRVs) for the Geological Survey of India (GSI)

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G Square Group Announces 714-Acre Seven Hills Township in Coimbatore

G Square Group Announces 714-Acre Seven Hills Township in Coimbatore

G Square Group has announced G Square Seven Hills, a massive 714-acre township project in Coimbatore, featuring premium plots and mixed-use development

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Lighthouse Funds Invests ₹300 Cr in Construction Tech Leader Knest

Lighthouse Funds Invests ₹300 Cr in Construction Tech Leader Knest

Lighthouse Funds has invested ₹300 crore in Knest Manufacturers Private Limited, India’s leading construction technology company specializing in next-generation

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Alumil India Launches Advanced Thermally Insulated Sliding System

Alumil India Launches Advanced Thermally Insulated Sliding System

Alumil India, the fully-owned subsidiary of Alumil Group, has launched its advanced thermally insulated sliding system, SUPREME S500 PHOS, in the Indian market

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