real estate birla estates
Birla Estates, the real estate arm of Century Textiles and Industries Limited, will jointly develop a 52-acre land parcel in North Bengaluru with M S Ramaiah Realty LLP. The project has a revenue potential of ₹3000 crore and development potential of 4.0 mn sq. ft. housing both high and low-rise residential developments, along with retail and commercial elements. CEO, Birla Estates, KT Jithendran, informed that the location offers a lucrative real estate market opportunity for employment, excellent connectivity and a variety of housing amenities across various segments. Bengaluru is a focus market for Birla Estates and the company is all set to announce its 3rd project shortly.

The property is situated in North Bengaluru, which is the fastest-growing corridor and is in close proximity to Kempegowda International Airport and at a 2 km distance from the proposed Airport Metro Station for seamless connectivity into the city.
Odisha approves key projects worth Rs 84,918.75-cr across various sectors
The Chief Minister of Odisha has given the green light to 12 major projects with a total investment of Rs 84,918.75 crore. The approved projects span industries like green hydrogen, green ammonia, steel, power, renewable energy, chemicals, petrochemicals

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UP govt invests Rs 9,000-cr in road infrastructure over 5,000 kms
The Uttar Pradesh government has invested significantly in road infrastructure, completing over 5,000kms of roadworks in the last six and a half years. With an allocation of approximately Rs 9,000 crores, the state focuses on widening, strengthening, and

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Goa adopts 3D-based urban planning for sustainable development
The Goa State Urban Development Agency (GSUDA) initiates a 3D-based urban planning approach, aiming to create a model of sustainable development. GSUDA invites expressions of interest from firms for the procurement, implementation, and support

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Committee recommends incentives for boosting domestic mining equipment manufacturing
An interdisciplinary panel, including officials from the Ministry of Heavy Industries, Coal India, NLC India, NTPC, and other stakeholders, has suggested incentivizing domestic manufacturing of mining equipment through incentive schemes and standardization

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Merlinhawk Aerospace forms JV with Vega Composites for defence corridor manufacturing unit
Merlinhawk Aerospace (MAPL) has entered into a joint venture (JV) agreement with Italy's Vega Composites to establish a manufacturing and design facility in Tamil Nadu's defence corridor. The newly-formed company, 'Merlinhawk Composites and

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Ramco Cements plans Rs 1,650-cr investment for capacity expansion in FY24
Ramco Cements is set to invest INR 1,650 crore in the current financial year (FY), focusing on capacity expansion projects and land acquisition in Andhra Pradesh and Karnataka. The investment will cover the expansion of the Kolimigundla thermal

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IRB Infrastructure signs concession agreement for Lalitpur Lakhnadon Stretch on NH44
IRB Infrastructure's project SPV, IRB Lalitpur Tollway, has signed a Toll-Operate-Transfer (TOT) Concession Agreement with NHAI for the Lalitpur Lakhnadon stretch on NH44 in Madhya Pradesh. The agreement involves tolling, operations, maintenance

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Union Transport Ministry floats tender for NH-17 four-laning in Maharashtra
The Union Transport Ministry has issued a tender for the four-laning of the Indapur to Veer (Wadpale) section of NH-17 (New NH-66) in Maharashtra. The project, valued at Rs 556.82 crore, falls under NHDP Phase-IV (Package-I) and involves

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JSW Steel completes Rs 750-cr investment in JSW paints
JSW Steel has fulfilled its commitment by investing the final tranche of Rs 750 crore in JSW Paints. The strategic investment was made in multiple installments to support the expansion plans of JSW Paints, which is establishing a unit for manufacturing

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J&K approves four new industrial estates to boost infrastructure
The Administrative Council, led by Lieutenant Governor Manoj Sinha, grants approval for the establishment of four new Industrial Estates in Jammu and Kashmir. These estates in Budhi Kathua, Medicity Jammu, Chandgam, and Lelhar Pulwama will

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Tamil Nadu approves land acquisition for greenfield airport in kancheepuram
The Tamil Nadu government gives the green light for acquiring 3,774.01 acres of land in Parandur-A and 19 other villages in Kancheepuram district to construct a greenfield airport, requiring a total area of 5,746.18 acres. The site is in proximity to the

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Delhi releases Rs 415-cr for Regional Rapid Transit System (RRTS) Project
The Delhi government disburses its allocated Rs 415 Crore for the Regional Rapid Transit System (RRTS) project, following a court order. The RRTS is a mass rapid transit network, spanning 82.15 km, connecting Sarai Kale Khan in Delhi to Ghaziabad and

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IGBC launches new rating tools for net-zero building projects
The IGBC introduces innovative rating tools, including the Net-Zero Carbon (pilot version) rating system, to accelerate the adoption of green building projects in India. The tools aim to reduce operational and embodied emissions by optimizing

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Caterpillar India unveils customer experience and training center
Caterpillar Inc., the global leader in the manufacturing of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives, has inaugurated the

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RDC Concrete unveils new logo and transit mixer rebranding
RDC Concrete, a key player in the Ready-Mix Concrete (RMC) and construction sector, has unveiled a new brand logo. This move is part of the company's mission to strengthen its position in the RMC industry

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Gati launches mega Surface Transhipment Centre at Mayasandra
Allcargo Gati has inaugurated a state-of-the-art, tech-enabled Surface Transhipment Centre and Distribution Warehouse (STCDW) at Mayasandra in Bengaluru. Spanning over 3.5 lakh sq. ft, the STCDW is strategically

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Larsen and Toubro secures bid for Patna pedestrian tunnel project
Larsen and Toubro (L&T) has emerged as the lowest bidder for Package PC-08R, a contract to construct a 1.5 km pedestrian tunnel connecting Patna Museum and Bihar Museum. The tunnel, to be bored by a Tunnel

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Noida Authority seeks approval for DPR of Noida-G.Noida west metro link
The Noida Authority is seeking state government approval for a new Detailed Project Report (DPR) for the Noida-Greater Noida West Metro link after the Prime Minister's Office (PMO) rejected the initial DPR

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Fast progress on Kanpur metro's Baradevi-Naubasta elevated section
The Uttar Pradesh Metro Rail Corporation is accelerating the construction of the 5 km Baradevi-Naubasta elevated section of Corridor-1 (IIT to Naubasta) in the Kanpur Metro Rail Project. Managing Director Sushil

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UP govt plans 550 MW solar plants along Bundelkhand Expressway
The Uttar Pradesh government is set to establish 550 MW solar plants along the Bundelkhand Expressway, covering 1700 hectares of land. Under Public Private Partnership (PPP) mode, prominent companies, including

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