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AKDN announces ₹2,000-cr luxury realty project in Mumbai

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The Aga Khan Development Network (AKDN) has announced plans to invest ₹2,000 crore to build a luxury residential property in south Mumbai’s Mazgaon area. The project will cover an area of 1.6 million square feet in two high-rises on a 4.5 acre land parcel. The area currently houses the 77-year-old Prince Aly Khan Hospital and residential units, which are being demolished and are to be reconstructed.

The Aga Hall Estate will offer 373 two- and three-bedroom apartments. Construction has started and will be completed as per the norms of the Maharashtra Real Estate Regulatory Authority. The redevelopment project consists of two residential high-rises – a 45-storey building with apartments to rehabilitate about 155 existing residents and a 54-storey tower with apartments for sale. The units are being sold at a price starting at ₹3.25 crore plus taxes for 660 sq. ft apartments up to the 30th floor, ₹3.99 crore plus taxes for 841 sqft apartments till the 25th floor, and ₹6.6 crore plus taxes for 1,404 sqft three-bedroom flats till the 20th floor. The construction is being funded through the sale of apartments by the Prince Aly Khan Hospital with the support of AKDN and bank finances.
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Six lane highway project in Delhi receives land transfer approval

Six lane highway project in Delhi receives land transfer approval

The Lieutenant-Governor of Delhi has granted approval for the transfer of 1.11 acres of land to the National Highways Authority of India (NHAI) to facilitate the completion of a six-lane highway. This under-construction highway, a crucial part of the Bharatmala

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Kolkata Port plans tunnel under Hooghly River

Kolkata Port plans tunnel under Hooghly River

The Syamaprasad Mookerjee Port, also known as Kolkata Port, aims to alleviate congestion in the state capital by constructing an underground tunnel beneath the Hooghly River. Alongside this endeavor, the port trust is considering the installation

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J&K receives 1.99 lakh houses under PMAY-G

J&K receives 1.99 lakh houses under PMAY-G

The Centre has allocated an additional 1.99 lakh houses to Jammu and Kashmir under the 'Pradhan Mantri Awaas Yojna-Gramin' (PMAY-G) scheme. This substantial allocation aims to fulfill the housing needs of the Union Territory and will help saturate the

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HAML to build 29.3km elevated & 1.7km underground tracks for Airport Metro

HAML to build 29.3km elevated & 1.7km underground tracks for Airport Metro

The Hyderabad Airport Metro Ltd (HAML), responsible for implementing the 31-km long Airport Metro corridor, has decided to construct 29.3 km of elevated track and 1.7 km underground, specifically between Raidurg metro station and the

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NHAI floats tender for road tunnel construction in New Delhi

NHAI floats tender for road tunnel construction in New Delhi

The National Highways Authority of India (NHAI) has floated a tender for the construction of a road tunnel in New Delhi. The project, to be executed on an engineering, procurement, and construction (EPC) basis, involves building the tunnel and its approaches

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J&K fast tracks Rs 10, 599-cr metro project & plans for enhanced rail network

J&K fast tracks Rs 10, 599-cr metro project & plans for enhanced rail network

The UT Government of Jammu and Kashmir has expedited the metro rail project by submitting the Detailed Project Report (DPR) to the central government for approval. The project, with a total investment of Rs 10,599 crore, will allocate Rs 5,734 crore

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Gurugram Metro project gains momentum as construction set to begin

Gurugram Metro project gains momentum as construction set to begin

The Gurugram Metropolitan Development Authority (GMDA) is gearing up to commence civil work on the 28-km long Gurugram Metro line, starting from Huda City Centre. The project, spearheaded by the state Chief Minister, will encompass 27 elevated

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NHIDCL speeds up work on new road in Jalpaiguri

NHIDCL speeds up work on new road in Jalpaiguri

The National Highway & Infrastructure Development Corporation is expediting the construction work on a new road in Oodlabari, located in the Malbazar subdivision of Jalpaiguri. This development is set to significantly reduce travel time

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MoRTH invites bids for widening of Yellareddy-Rudrur section of NH-765D in Telangana

MoRTH invites bids for widening of Yellareddy-Rudrur section of NH-765D in Telangana

The Ministry of Road Transport & Highways (MoRTH) has invited bids for the widening and two-laning of the Yellareddy-Rudrur section of NH-765D in Telangana. The project will be executed on Engineering, Procurement, and Construction (EPC)

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Alstom emerges as lowest bidder for Rs 30,000-cr Vande Bharat Train Project

Alstom emerges as lowest bidder for Rs 30,000-cr Vande Bharat Train Project

French railway major Alstom has secured the leading position as the lowest bidder for the manufacturing and maintenance of 100 aluminium Vande Bharat train sets, marking a substantial investment of Rs 30,000 crore. Alstom, a prominent

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Arunachal Pradesh to get Rs 30,000-cr investment for 2,500-km highway

Arunachal Pradesh to get Rs 30,000-cr investment for 2,500-km highway

The Chief Minister of Arunachal Pradesh announced a significant development as the Ministry of Road Transport and Highways (MORTH) has given its approval for the construction of a massive 2,500-kilometer highway in the region. This project

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Greater Noida Industrial Development Authority launches Rs 1,100-cr commercial plot scheme

Greater Noida Industrial Development Authority launches Rs 1,100-cr commercial plot scheme

The Greater Noida Industrial Development Authority (GNIDA) has introduced a commercial plot scheme valued at Rs 1,100 crore. This initiative aims to facilitate the construction of commercial complexes, offering valuable opportunities for

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BL Kashyap secures Rs 132-cr contract from Indian School of Business

BL Kashyap secures Rs 132-cr contract from Indian School of Business

BL Kashyap and Sons (BLK) has bagged a significant contract worth Rs 132 crore. The contract, awarded by the Indian School of Business (ISB), involves the construction of shell and core structures along with allied works. The project is scheduled

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DMRC Initiates Construction of Phase-IV's Longest Tunnel for Enhanced Connectivity

DMRC Initiates Construction of Phase-IV's Longest Tunnel for Enhanced Connectivity

The Delhi Metro Rail Corporation (DMRC) has embarked on a significant milestone for its Phase-IV expansion project by commencing the construction of the longest tunnel to be built. This tunnel, spanning an impressive length of 2.67km

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Thane Municipal Corporation invites bids for residential & commercial units under PMAY-U

Thane Municipal Corporation invites bids for residential & commercial units under PMAY-U

The Thane Municipal Corporation has issued a tender for the construction of residential and commercial units in Betawade village, Thane, Maharashtra. The project falls under the Pradhan Mantri Awaas Yojana (Urban) (PMAY-U) and will be

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Centre to invest Rs 1 lakh-cr in airport sector

Centre to invest Rs 1 lakh-cr in airport sector

The Union Civil Aviation Minister has announced the government's plan to invest Rs. 1 lakh crore in airports in the near future. The ministry has already formulated comprehensive expansion plans for airports, resulting in a significant increase in the

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Odisha CM inaugurates industrial units & lays foundation stones for Rs 3,600-cr projects

Odisha CM inaugurates industrial units & lays foundation stones for Rs 3,600-cr projects

Chief Minister Naveen Patnaik inaugurated four industrial units and laid foundations for 17 projects in Odisha. These initiatives represent a combined investment of Rs 3,600 crore and have the potential to generate employment opportunities for

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Delhi Government contributes Rs 500-cr to RRTS for Delhi-Meerut Corridor

Delhi Government contributes Rs 500-cr to RRTS for Delhi-Meerut Corridor

The Delhi government has made a second contribution of Rs 500 crore rupees towards the construction of the RAPIDX rapid rail transit system along the Delhi-Meerut corridor. This additional funding, according to senior Delhi government officials

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ONGC targets Rs 1 lakh--cr capacity addition

ONGC targets Rs 1 lakh--cr capacity addition

ONGC, India's top oil and gas explorer, plans to invest Rs 1 lakh crore by 2030 to increase its renewable energy capacity to 1 GW from 189 MW. The company aims to achieve net-zero carbon emissions by 2038. While India's fossil fuel demand is

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Hudco approves Rs 2,000-cr for Vizhinjam Port project

Hudco approves Rs 2,000-cr for Vizhinjam Port project

The Housing and Urban Development Corporation (HUDCO) has approved a loan of Rs 2,000 crores for the construction of Vizhinjam International Port. The port had requested Rs 3,600 crores from HUDCO to complete the expansion and related construction

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