real estate
Brigade Group has signed a Joint Development Agreement to develop around 2.1 million square feet space in Chennai where the land, located at Perumbakkam, just off OMR Sholinganallur junction is spreading across 15 acres and will be developed as a large residential township. Brigade Group is targeting revenue of about ₹6,000 crore over the next 5 years from its Chennai residential business alone. South India will continue to be a key focus area for the company.

The builder expects a very positive response from customers, especially from the IT and ITeS sectors as it is in the heart of the IT Office belt. Executive Director and Head of Residential Business, Pavitra Shankar, informed that Perumbakkam is one of the fast-emerging residential hubs in Chennai, witnessing increasing infrastructure development. Further, as part of its consolidation plans in Chennai, the Group is expanding its residential, commercial and retail verticals.
The Ghaziabad Development Authority (GDA) board has given a go-ahead for developing transit-oriented development (TOD) zones along the Regional Rapid Transport System (RRTS) corridor. It has decided to declare up to 1.5 km on both

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NHAI has decided to upgrade the 75-km-long Ahmednagar bypass-Shirdi NH-160 starting from Savali Vihir to the Ahmednagar bypass. The project was announced in January 2021 at a cost of ₹450 crore but delays in execution has increased the

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NBCC (India) has secured a contract worth ₹271.62 crore in projects of the Amrapali Group. It has got an order of ₹42.44 crore for construction of balance work of Amrapali corporate hub at IMT Manesar, Gurugram in Haryana. Apart

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The National Highways Authority of India (NHAI) has started construction work on a greenfield highway between Mancherial and Warangal in Telangana at an estimated investment of ₹2,500 crore. It has invited tenders for the

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The Northeast Frontier Railway plans to upgrade the New Jalpaiguri (NJP) Railway station into a multi-modal transportation hub at an investment of ₹334.72 crore. Once operational, it will be one of the largest and the busiest railway

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The central government has approved a 1500-km two-lane Frontier Highway in Arunachal Pradesh and has also cleared funding for the mega highway project. The ₹27,349 crore highway will run close to the Line of Actual Control (LAC). It is seen

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Telangana government has decided to extend the Hyderabad Metro to the Rajiv Gandhi International Airport (RGIA) in Shamshabad at an approximate cost of ₹6,250 crore. At 31-km, the Airport Metro corridor starting at Mindspace junction to

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The Union government has decided to start construction work on four greenfield expressways at an investment of ₹1 lakh crore. The West Bengal-based projects are aimed at decongesting traffic in Kolkata and improving

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Assam Chief Minister Himanta Biswa Sarma informed that a slew of development projects will be launched in two phases across different districts over the

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The Adani Group has emerged as the highest bidder with a bid of ₹5,000 crore for the estimated ₹23,000 crore Dharavi redevelopment project. Gurugram-based

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Godrej Properties will launch a luxury housing project at Ashok Vihar in the national capital in March quarter and is eyeing ₹8,000 crore of sales revenue

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The Yeshwantpur railway station redevelopment work has commenced and is expected to be completed by June 2025. Girdhari Lal Construction Pvt Ltd is

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Rajasthan CM Ashok Gehlot has approved ₹26 crore 45 lakh for 54 kms of new road construction work in Nagaur. Road construction work will be done in Nagaur

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The Union transport ministry has launched nine roads and highways projects involving an investment of over ₹9,000 crore in Rayalaseema region of Andhra Pradesh

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The National Highways Authority of India has fast tracked work on the 116-km long Ludhiana-Ropar greenfield expressway project involving an investment

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A New Delhi-based real estate builder with operations spanning across Mumbai, Noida and Chandigarh, has launched an integrated luxury township project

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Reiterating the government's commitment towards the development of Sangam city, UP Chief Minister Yogi Adityanath has inaugurated 35 projects worth ₹325.16 crore and laid the

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The National Highways Authority of India has planned to build 23.32-km-long Sachendi–Mandhana Road, around Kanpur on EPC model entailing an investment of ₹16,680

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According to a report titled Project Management 2.0 - Driving Value in the New Normal Era by Global Commercial Real Estate Services (CBRE), in Q3 2022, the construction costs of

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The Union Ministry of Road Transport and Highways is all set to start the construction work on the two-lane 1,465-km long Frontier Highway in Arunachal

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