realty projects
In a time span of about one year since it was tasked with funding of stalled and stressed projects across the country, SBICAP Ventures, the manager for the government's ₹25,000-crore stressed-asset fund, has to date accorded final approval to about 81 real estate projects consisting of almost 50,000 units. Irfan A Kazi, Chief Investment Officer, informed that the Venture has given final approval to 81 projects which entail the completion of about 51000 homes. Of these, 33 are from Delhi-NCR with around 28,000 homes. A total of 133 projects have received preliminary approvals and these are expected to complete 71,000 additional homes.

Oxirich Sanskriti located in Sector 33, Bhiwadi has also been provided funding and will build around 700 homes. The Imperia Esfera project in Gurgaon's Sector 37-C will see the completion of around 450 homes and the Capital Athena project in Greater Noida includes the construction of 850 homes. Ansal Housing has raised close to ₹100 crore for its project in Gurgaon, Ansal Highland Park, from the SWAMIH Fund in March this year and it will see the completion of homes by March 2023.
The Union Shipping Ministry has targeted a pipeline of 81 public private partnership (PPP) projects worth ₹42,300 crore for developing berths and

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The Union Transport Minister has laid the foundation stones for eight National Highway Projects involving ₹3,000 crores in Godawari, Andhra Pradesh

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The Maharashtra Metro Rail Corporation Limited (Maha Metro) has submitted a DPR to the Pune Municipal Corporation for the construction of

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The Union Railway Ministry has approved the rail line connecting Sangareddy with Medak to Jogipet involving an investment of ₹2,000 crore. It will

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The National Highways Authority of India has floated tenders for multiple road infra projects involving ₹1,897.47 crores. It has invited bids for the

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German transnational company, Continental Automotive, has bought 8.5 lakh sq. ft office space in Bangalore for around ₹850 crore. The office property in

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The Noida Authority has decided to restart the construction work of the Chilla elevated road corridor starting from Sector 14A Chilla regulator near Mayur Vihar

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A contract for USD 136 million Maldives Hanimaadhoo International Airport Development Project was signed between the Government of Maldives and JMC Projects

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Due to the government’s current Covid-19 policy and Messe Muenchen’s concern for the health and safety of the exhibitors and visitors

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Kolkata Port, which is also known as Syama Prasad Mookerjee Port, has appointed a consultant to carry out a techno-feasibility study for a tunnel under Hooghly

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AA Holdings has partnered with Logiy Spaces to build ₹400 crore Industrial and Logistics Park in Karnataka. The project, spreads across one million square feet

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Kerala government has planned to build a sports city on an area of 50 acres at an investment of ₹2,000-crore in the Ernakulam district in a phased manner

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Brihanmumbai Municipal Corporation (BMC) has floated tender for the construction of ₹350 crore bridge between Juhu Versova Link Road (JVLR) and Mayor Hall

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Ashoka Buildcon has received a letter of acceptance (LoA) from the South Western Railway (SWR) involving an investment of ₹258.12 crore. It involves the

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India will get its first undersea tunnel as a part of the Ahmedabad-Mumbai high speed rail (bullet) train project. NHSRCL, which is implementing the project

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National Highways Authority of India has been tasked to construct triple-deck flyovers — two flyovers and a metro lane — on the city's national highway segments

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Birla Estates will develop a housing project on 10 acres of land parcel in Bengaluru. It is located at Raja Rajeshwari Nagar, South Bengaluru and requires a

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Chennai Metro Rail in an official statement said that its Phase II will cover 118.9-km long network, covering another 93 km extension up to Parandur, the site for a greenfield airport. In fact, three corridors have been planned with an investment of ₹61,843 crore

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M.S.Ramaiah Developers and Builders (MSRDB) has decided to invest ₹3,000 crore to expand its retail and commercial real estate footprint across Bangalore, Goa, and Andhra Pradesh. With the targeted investment the company is doubling its retail and commercial

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The Karnataka government has announced that the existing Bidar-Ballari road will be widened to a four-lane express highway for improving road connectivity in the region. Steps have been initiated to build airports in Raichur and Ballari and adding a ring road

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