Joint Managing Director, Aman Nagar, informed that the company has raised ₹70 crore from DMI for the land acquisition, but it plans to fund the construction through internal accrual and the entire project will be completed in three and half years.
Paras Buildtech plans ₹450-cr commercial project in Noida
Joint Managing Director, Aman Nagar, informed that the company has raised ₹70 crore from DMI for the land acquisition, but it plans to fund the construction through internal accrual and the entire project will be completed in three and half years.
Tata Motors Finance inks strategic partnership with CJ Darcl Logistics
Tata Motors Finance have entered into a strategic partnership with CJ Darcl Logistics Ltd, a multimodal logistics solutions provider, to extend 125 Cr. Limit for various facilities including vehicle operating lease, invoice financing and fuel financing and
Allcargo Logistics completes acquisition of 30% stake from KWE in Gati subsidiary
Allcargo Logistics Limited, has completed acquisition of 1.50 lakh shares, or 30 percent stake, in Gati-Kintetsu Express (GKEPL) for Rs 406.71 crore. Allcargo’s subsidiary, Gati already holds 70% stake in GKEPL, an express logistics player in India, with presence
Afcons awarded Rs 6,397-cr contract for construction of undersea rail tunnel
The National High Speed Rail Corporation (NHSRCL), responsible for India's first bullet train project, has awarded a contract worth Rs 6,397 crore to Afcons Infrastructure for the construction of a 21-km-long tunnel. This tunnel will be a significant part of
MHUD approves Rs 7,942-cr elevated metro line in J&K
The Ministry of Housing and Urban Development has granted approval for the construction of elevated light metro rail systems in the twin cities of Jammu and Kashmir. This significant milestone sets the stage for the implementation of the multi-crore
MMRDA starts work on Rs 4,500-cr 2nd coastal road in Thane
The Mumbai Metropolitan Region Development Authority (MMRDA) has commenced work on a significant coastal road project in Thane, aiming to connect Kharegaon and Anand Nagar at Kopri. This new project, announced by MMRDA, will greatly
NHAI hastens Rs 4,130-cr Mysuru-Kushalnagar NH project
The National Highways Authority of India (NHAI) has accelerated the construction work on Mysuru-Kushalnagar national highway, which involves an investment of Rs 4,130 crore. The NHAI has urged the state administration to expedite land acquisition for
HMR to launch Rs 6,250-cr Shamshabad airport metro line
Six years after its launch, the Hyderabad Metro Rail (HMR) is entering a new phase of construction with the extension from Raidurg to Rajiv Gandhi International Airport in Shamshabad. This 31-kilometer line will primarily be elevated, with a portion
Ring road project worth Rs 1,971-cr gains pace in Mysuru
The Mysuru Urban Development Authority (MUDA) is moving forward with the proposed Peripheral Ring Road project. The road will encircle the existing Outer Ring Road, stretching the total length to 110 kilometers. Tenders have been initiated to appoint
Tridasa Realty Ventures plans residential complex in Nallagandla, Telangana
Tridasa Realty Ventures has unveiled plans to develop a residential complex in Nallagandla, Ranga Reddy district, Telangana. Spanning over 10.86 acres of land, the complex will consist of eight blocks with 3C+S+17 floors, offering flats, along with an amenities
GMDA unveils five master roads to connect Dwarka e-way
The Gurugram Metropolitan Development Authority (GMDA) has announced plans to reconstruct five master roads between sectors 99 and 115 to establish smooth connectivity to the Dwarka Expressway. These roads, currently in poor condition with
UP govt approves Rs 801-cr for Delhi-Noida Chilla Elevated Road Project
Uttar Pradesh government has approved a Rs 801-crore funding to construct the Chilla Elevated Road project to alleviate congestion on the Delhi-Noida route. Once completed, the 5.96km road stretch will provide a seamless and uninterrupted connection
NBCC invites bids for redevelopment of GPRA Colony in New Delhi
NBCC (India) has announced a tender for the redevelopment of GPRA Colony in Sarojini Nagar, New Delhi. This redevelopment project, known as Package IV-B, will be carried out on an Engineering, Procurement, and Construction (EPC) basis. The project's
Union govt approves two new townships in Uttarakhand
The Union government has approved the establishment of two new townships in Uttarakhand. One will be an industrial township in the Parag Farm area of Udham Singh Nagar, while the other will be an integrated township in Doiwala, Dehradun. These projects
L&T Construction secures Rs 2,500-cr EPC contracts
L&T Construction's Buildings and Factories business segment has won EPC contracts worth approximately Rs 2,500 crore. The company has secured orders to construct commercial towers at two locations in Mumbai. The project entails the construction
MMRDA invites bid for Rs 279-cr roads in KDMC area of Thane
The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated the bidding process for multiple road projects in the Kalyan-Dombivali Municipal Corporation (KDMC) Area of Thane, with a total estimated cost of Rs 279 crore. These
Maharashtra govt to revive stalled Mumbai redevelopment projects
Maharashtra government has taken the decision to intervene and revive all stalled and abandoned redevelopment projects in Mumbai. The Chief Minister stated that numerous projects in the city have been stuck for decades, some of which have been
L&T secures Rs 500.94-cr track-work contracts for Bangalore metro's blue line
Larsen & Toubro (L&T) has been awarded two track-work contracts worth Rs 500.94 crore by Bangalore Metro Rail Corporation (BMRCL) for the 56 km Line-5 (Blue Line) of the Bangalore Metro. The contracts involve the supply and construction of
J Kumar emerges as L1 bidder for Chennai Port-Maduravoyal expressway project
J Kumar Infraprojects has secured the position of the lowest bidder for the construction of a 5.096 km stretch under Package-II of the Chennai Port-Maduravoyal Expressway project in Tamil Nadu. This four-lane project by the National Highways Authority
HMRTC floats tender for Rs 6,800-cr Gurugram metro
The long-awaited Gurugram Metro project is finally progressing as the Haryana Mass Rapid Transport Corporation has initiated the tender for the geo-technical survey of a 12.76km portion of the upcoming 28.60km line. This new extension will
Centre approves Rs 12,911-cr fund for Polavaram Irrigation Project in Andhra Pradesh
The Union Ministry of Finance has granted approval for an additional fund of Rs 12,911.15 crore for the ongoing Polavaram irrigation project in Andhra Pradesh. Out of this amount, Rs 10,911.15 crore will be allocated for completing the remaining work to
