MTPs in Mumbai get ₹1,121.21-cr budget booster
Mahindra Logistics and Ascendas-Firstspace announces launch of one million sq. ft. warehouse park in Talegaon, Pune
Mahindra Logistics Ltd. (MLL) and Ascendas-Firstspace – an industrial real estate developer announced setting up of a new one million square feet of multi-client warehouse park in Talegaon, Pune. With comprehensive connectivity, the entire
MoRTH clears ₹318-cr for NH project in Uttarakhand
The Union Ministry of Road Transport and Highways has allocated ₹318 crore for the construction of a 150-km-long all-weather road connecting Tanakpur and Pithoragarh in Uttarakhand, according to Executive Engineer of NHAI, Sunil Kumar. The project
UPMRC invites e-tender for Agra Metro's Corridor-2 elevated viaduct & station construction
The Uttar Pradesh Metro Rail Corporation (UPMRC) Ltd. has issued an open e-tender for the construction of an elevated viaduct and seven elevated stations for Corridor-2 of the Agra Metro in Agra, Uttar Pradesh. The tender invites bids for civil
Decks cleared for ₹183-cr RoBs in Uttar Pradesh
The construction of overbridges at three railway crossings in Lucknow, namely Harauni, Bharwara, and Kesari Khera, is set to proceed after the state finance committee approved funds worth ₹183 crore for the project. The overbridges, which will be
Ashiana Housing wins 10.30 lakh sqft projects in NCR
Ashiana Housing, a prominent real estate developer with a focus on mid-income housing, emerged as the highest bidder in an e-auction organised by Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) for a residential
Railways plans to expand network to Northeast frontier state, invests ₹1.2-lakh-cr
The Indian Railways is planning to expand its railway network to Arunachal Pradesh's Tawang and other parts of the Northeast frontier state, with an investment of ₹1.20 lakh crore, to aid India's security strategy towards the Line of Actual Control
NHAI speeds up work on ₹10,000-cr Kanpur Outer Ring Road project
The National Highways Authority of India (NHAI) is making good progress on the Kanpur Outer Ring Road project, a major infrastructure undertaking that will require a ₹10,000 crore investment. The project is being implemented in four stages, and Raj
Transport minister lays foundation stones for 9 projects in Jharkhand
Union Transport Minister Nitin Gadkari laid foundation stones for nine projects and dedicated several road projects in Jharkhand. Among the projects he initiated, the Kalimandir-Dimna road to Baliguma double-decker elevated road, the reconstruction
NPG recommends six infrastructure projects under PM Gati Shakti
PM Gati Shakti's Network Planning Group (NPG) has recommended six infrastructure projects for seamless movement of goods and passengers and increasing logistics efficiency across the country. Three projects from the Ministry of Railways, two from
Union Transport Ministry approves ₹6,612-cr for Telangana road infra projects
The Union Transport Ministry has approved ₹6,612.44 crore for the construction of roads and bridges in Telangana. The funding includes ₹535.09 crore for widening the 25-km stretch of NH-65 from LB Nagar to Malkapur into six lanes and ₹500 crore
NHAI begins groundwork for ₹4,000-cr Angamaly-Kundannoor NH project
The National Highways Authority of India (NHAI) has initiated groundwork for the Angamaly-Kundannoor greenfield national highway project with an investment of ₹4,000 crore, according to official sources. Land acquisition is set to start soon
Casagrand invests ₹8,000-cr in commercial real estate sector
Casagrand, a leading real estate developer, has expanded its presence into the commercial real estate sector through its subsidiary, Casagrand Commercial. The company has announced plans to invest ₹8,000 crore in commercial projects and aims to
Merlin Group in JV unveils ₹1,500-cr WTC in Kolkata
The World Trade Centre Association has inked a deal with Merlin Group to develop a 3.5 million square foot World Trade Centre in Kolkata, West Bengal, with an investment of ₹1,500 crore. The centre aims to attract business with offshore countries
DP World establishes it’s first “Rail Linked Container Freight Station” in Gujarat
DP World, a global provider of smart end-to-end supply chain logistics, has launched a new Rail Linked Container Freight Station (CFS) in Hazira, Gujarat. The state-of-the-art facility, located near port of Hazira, is expected to enhance the region's
Transport infra gets ₹9,000-cr Budget booster in Delhi
The Delhi government has announced an allocation of over ₹9,000 crore in its budget proposals for the transport sector to ensure last-mile connectivity and develop three ISBTs with airport-like facilities. Finance Minister Kailash Gahlot, who also holds
India aims to become global hub of green ship building by 2030
India's Shipping Minister Sarbananda Sonowal has announced that the country aims to become the global hub for Green Ship Building by 2030. The government has set a target for the initial Green Tugs to begin operating in all Major Ports by 2025. These
TTIPL-RVNL emerges as L1 bidder for ₹1,272-cr road contract
The National Highway Authority of India has awarded a project worth ₹1,272 crore to the TTIPL-RVNL consortium, which emerged as the lowest bidder (L1). The consortium comprises TTIPL with a 51 percent stake and RVNL with the remaining 49 percent
TN govt targets ₹9,000-cr for Coimbatore metro rail project
The Tamil Nadu government has taken a step towards the development of the metro rail project in Coimbatore by announcing the allocation of ₹9,000 crore to ensure a smooth flow of funds for the project. Palanivel Thiaga Rajan, the state's finance minister
NHAI to monetize 1,987 km of highways through toll-operate-transfer and InvIT modes in FY24
The National Highway Authority of India (NHAI) plans to monetize 1,987 km of highways in 2023-24 through toll operate transfer and infrastructure investment trust (InvIT) modes. The NHAI has identified 30 National Highway sections as part of its plan
India-Japan inks 300-bn yen bullet train pact
During his recent visit to India, Japanese Prime Minister Fumio Kishida signed a loan agreement worth 300 billion yen (around ₹18,000 crore) with India for the fourth tranche of a Japanese loan to help build the Mumbai-Ahmedabad High Speed Rail Corridor
