Oberoi Realty has signed a development agreement for land on Carter Road in Bandra West, Mumbai, covering approximately 2,576 square meters. Earlier in May, the company announced the redevelopment of seven old buildings in the Adarsh Nagar area of Worli, which includes 504 flats. As part of this agreement, Oberoi Realty received 6.24 lakh sq. ft. of RERA carpet area to be sold in the open market.
DME Development Limited (DMEDL), a wholly owned subsidiary of NHAI, successfully raised ₹775 crore through its pioneering issue of green bonds, marking a significant milestone for the roads and highways sector.
The Gujarat segment of the Bullet Train project is making swift progress with the welding of rails on the viaduct now underway. Rails, sourced from Japan in 25-meter lengths, are being joined using advanced fusion welding technology
Union Minister for New and Renewable Energy, Shri Pralhad Joshi, hailed Rajasthan as a leader in India's renewable energy journey. Speaking at the 'Rising Rajasthan Summit' in Jaipur, the Minister highlighted the state’s bold targets
Doka, a global leader in formwork and scaffolding, has become the first company in its sector to commit to the Science Based Targets initiative (SBTi). This commitment aligns Doka’s emission reduction goals with the latest scientific
Indian Railways has sanctioned ₹509 crore for two major rail flyovers in Cuttack and Rayagada districts to improve operational efficiency and ease traffic congestion on key routes.
President of India, Smt. Droupadi Murmu, inaugurated multiple infrastructure projects in Rairangpur, Odisha. These include three rail lines—Bangiriposi-Gorumahisani, Buramara-Chakulia, and Badampahar-Kendujhargarh—along with the Tribal
Gujarat Chief Minister Bhupendra Patel has sanctioned ₹937 crore to develop a 45-kilometer stretch between Bhuj and Nakhatrana into a four-lane high-speed corridor. The existing 10-meter-wide road will be upgraded to enhance travel convenience
Union Minister Dr. Jitendra Singh held a public durbar and inaugurated multiple road projects in Kathua, Jammu & Kashmir, under the Pradhan Mantri Gram Sadak Yojana (PMGSY). Among the inaugurated projects was the 14.2 km road from Block Boundary Kathua
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Rithala-Narela-Nathupur (Kundli) corridor under Delhi Metro's Phase IV. Spanning 26.463 km, this extension will enhance connectivity between Delhi and Haryana
To ensure accountability and improve the quality of National Highway construction and maintenance, the National Highways Authority of India (NHAI) has introduced a comprehensive performance rating system for concessionaires.
Kanpur Metro has reached a significant milestone by completing track construction on the 'downline' up to Kanpur Central. With this achievement, the train route under Corridor-1 (IIT to Naubasta) is now fully prepared on both lines
The District Magistrate has approved proposals totaling ₹58.5 crore for 269 construction projects. Of these, ₹55.8 crore has been allocated for 251 projects under the Uttar Pradesh CM Slum Development Programme. The remaining ₹2.8 crore
Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, inaugurated three key projects worth ₹582 crore at Kamarajar Port in Ennore, Tamil Nadu, during its silver jubilee celebrations.
KONE India, a leader in the elevator and escalator industry, has unveiled its innovative I MonoSpace® SMART, KONE I MiniSpace™ and KONE A MonoSpace® SMART elevators at the International Sourcing Exposition for Elevators.
Out of India’s 1,46,195 km National Highway (NH) network, approximately 816 km have reported damages in the current financial year. Maintenance and repair (M&R) of NHs is an ongoing process, monitored regularly by the Ministry of Road
The Government of India approved the Bharatmala Pariyojana, targeting 34,800 km of road development with an estimated investment of ₹5.35 lakh crore. The program aims to enhance connectivity and reduce logistics costs through the construction
Reiterating its commitment to promote environment sustainability and development of green highways, National Highways Authority of India’s fully owned Special Purpose Vehicle (SPV) ‘DME Development Limited’ (DMEDL) is set to issue green bonds
Union Minister of Railways, Shri Ashwani Vaishnaw, inspected state-of-the-art systems—the Road Cum Rail Inspection Vehicle (RCRIV) and the Integrated Track Monitoring System (ITMS)—at New Delhi railway station. He announced plans to deploy
The government is promoting the implementation of Intelligent Transport Systems (ITS) to enhance road safety and reduce accidents, traffic violations, and incident response times. ITS can function as an Advanced Traffic Management System
