NHAI
The National Highways Authority of India (NHAI) has started the land acquisition process in Pune district for a ₹3,750 crore project pertaining to the four-laning of Sant Dnyaneshwar and Sant Tukaram palkhi procession routes. Land acquisition is in full swing along the Hadapsar-Jejuri, Hadapsar-Patas-Baramati and Indapur stretches. The four-laning work has already started in Solapur and a tender notice for the Dharmapuri-Lonand stretch in Satara district will be released soon. NHAI project director Suhas Chitnis informed that the Centre has sanctioned ₹2,043 crore for Sant Dnyaneshwar palkhi route, which will be completed over three phases, and ₹1,660 crore for the Sant Tukaram palkhi, which will be executed in two phases. The ongoing work in Solapur is expected to be completed in two-and-a-half years. Similarly, once the land acquisition in Pune district is completed, the construction work will start and is expected to be completed by 2024.

Over 600 industrial plots up for grab in Noida

Yamuna Expressway Industrial Development Authority (YEIDA) has decided to offer about 600 plots near the upcoming airport at Jewar. The size of plots will range from 60 sq metres to 4,000 sq metres and the price will range Read More ...

HG Infra emerges as lowest bidder for ₹122-cr contract

HG Infra Engineering Limited (HGIEL) has been declared as L-1 bidder for a contract from NTPC Limited for a new transportation project. The contract involves transportation of 26.41 lakh Cu.M. of Pond Ash from NTPC Read More ...

Govt approves 56, 368 housing units under PMAU-Urban

Secretary, Ministry of Housing and Urban Affairs (MoHUA), Durga Shanker Mishra informed that the Ministry of Housing and Urban Affairs (MoHUA) has approved the construction of 56,368 houses under Pradhan Read More ...

Egis plans to contribute to India’s dynamic growth story

Egis has announced the visit of Laurent Germain, Group CEO to India. Egis recognizes India as one of its strategic geography & Laurent’s visit will enable Egis to cement its footprint in India Read More ...

NHAI to release debt dues of defaulting contractors

The National Highways Authority of India (NHAI) has decided to release 90% of the debt dues where the contracts are terminated due to default by contractors. In case of NHAI's fault, the highways authority will release Read More ...

Centre targets ₹6 lakh-cr infra investment in TN

The Union government has identified the implementations of about 575 projects involving an investment of over ₹6 lakh crore in Tamil Nadu by 2035. These projects cover port modernization, new port development Read More ...

SBI and S Pallonji inks housing loans agreement pact

State Bank of India (SBI) and Shapoorji Pallonji Real Estate have signed a Memorandum of Understanding (MoU) to enable an improved and more seamless process for homebuyers across India. As part of the agreement Read More ...

thyssenkrupp Elevator now called TK Elevator with new global brand TKE

TK Elevator, a leading global player in the elevators and escalators market, has announced the launch of its new global brand, TKE. The new brand name came from the change in ownership that took place last year Read More ...

ICRA: Residential realty sector records K-shape recovery

According to ICRA, the residential realty sector is witnessing a K-shaped recovery with large listed players recovering at a much faster pace than smaller and unorganized players. It further reiterated that the broader market Read More ...

NHAI floats tender for ₹201-cr road project

The National Highways Authority of India (NHAI) has floated tender for the construction of six-laning of Panipat-Jalandhar section of the highway across Punjab and Haryana. The scope of work includes six-laning Read More ...

PMAY (Gramin) gets ₹7,000-cr housing booster in UP

The UP Government has made a provision of ₹7,000 crore under the Pradhan Mantri Awas Yojana (Gramin) in the Budget for the next fiscal. A provision of ₹369 crore has been made under the Mukhyamantri Awas Read More ...

NHAI’s new record: Constructs 25 km road in 18-hour time

NHAI has created a new record by completing the asphalt work on a 25.54 km single-lane stretch under the 4-laning work on the Solapur -Bijapur highway in just 18 hours. Union Minister Nitin Gadkari informed that the record Read More ...

Migsun realty plans ₹500-cr project in Lucknow

Realty developer Migsun Group will invest ₹500 crore in a residential and commercial project in Lucknow. MD of Migsun Group, Yash Miglani, informed that the project is located next to Medanta Hospital and will Read More ...

UP earmarks ₹2,501-cr for metro rail network

UP government has allocated ₹2,501 crore for building a world class metro rail network across cities in the state. There is a provision of ₹597 crore for the Kanpur metro rail project in the budget presented by state's Finance Read More ...

ECR unveils ₹173-cr Gaya railway station upgrades

GM, ECR, L C Trivedi, informed that the East Central Railway (ECR) has worked out a plan to redevelop Gaya Junction as a world-class station. RLDA has been assigned the task to redevelop Gaya station. Chief public relations officer Read More ...

MoRTH clears ₹16,000-cr RRR project in Hyderabad

The road transport and highways ministry has given its in-principle approval for the 340 km long four-lane access-controlled highway, Regional Ring Road (RRR), around Hyderabad city connecting almost 20 developing towns Read More ...

Centre approves 2 road projects in AP

The construction work on the 465-km long NH-130-CD, which is a part of Visakhapatnam - Raipur Economic Corridor, is all set to gain pace with the MoRTH approving two six-lane packages of the highway costing ₹1,500 crore Read More ...

Kerala Govt nods for ₹7,446-cr Light Metro Rail Project

Kerala Government has given administrative sanction for the Light Metro project for Thiruvananthapuram and Kozhikode costing ₹7,446 crore. Kerala Rapid Transit Limited (KRTL), the special purpose vehicle set up to execute Read More ...
NBM&CW

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New Building Material & Construction World
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Indian Infrastructure & Tenders Week

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