RMZ Corp
Buoyed by the growing demand for Grade A office space in Hyderabad, Bengaluru-based offices space developer RMZ Corp has chalked out plans to invest $1 billion in developing around 10 million sqft of Grade A office space in the `City of Pearls', managing director, Thirumal Govindraj said. This is in line with the company's plans to build an additional 40 million sqft of commercial space across the country by 2020, by developing its own projects to take the total assets under its management to 60 million sqft. RMZ Corp currently has a portfolio of around 20 million sqft of commercial space across cities like Bengaluru, Mumbai, NCR, Chennai, Pune, and Hyderabad. While RMZ is already developing India's largest office space project – Skyview – in Hyderabad's IT hub through a 50:50 JV with Hyderabad-based MyHome Group.

Global Rental Alliance addresses key equipment rental issues

The Global Rental Alliance (GRA), a networking organisation for equipment rental associations, convened for the first time under the stewardship of the European Rental Association (ERA) to address the Alliance's future priorities and the expansion Read More ...

IndoSpace targets $300-mn investment in logistics sector

IndoSpace, country's largest investor and manager of Grade A industrial and logistics, has targeted to invest $300 million across major warehousing and industrial hubs in the country — and add 4 million sqft of warehousing portfolio by the end Read More ...

Greaves Cotton bets big on non-automotive biz

Following the increased demand from sectors such as infrastructure, defence, construction, farm and machinery, among others, Greaves Cotton expects its non-automotive engine business will continue to witness growth. CEO and MD Nagesh Read More ...

Western Railway plans 506 sq mtrs retail mall in Mumbai

Western Railway (WR) had planned to build a shopping mall that will have retail, game zone and even a recreation room as its commercial department will offer 506 sq meter of space adjacent to the booking office. The successful bidder can use this Read More ...

Eurotec machines keep South East Asia's tallest building on track

An iconic landmark is taking shape on the skyline of Kuala Lumpur, Malaysia and a Eurotec concrete batching plant plus flake ice plant are working in tandem to ensure the project remains on course to meet its revised completion date. The crystalline tower of Read More ...

ACC and Ambuja Cements accelerate decarbonisation agenda

Ambuja Cement and ACC – both operating companies of leading global building material and solutions organisation LafargeHolcim – have collectively accelerated their decarbonisation agenda. The aim is to generate clean and green energy in line with Read More ...

India-EU agrees to advance implementation of projects across sectors

To strengthen their partnership, India and the European Union has agreed to advance the implementation of the action plans set out in the EU-India Roadmap 2025 and foster new synergies to jointly contribute to a safer, greener, cleaner Read More ...

NAREDCO seeks extension of compliance norms in UP

The National Real Estate Development Council (NAREDCO) for Uttar Pradesh has sought a six months automatic extension for compliance with various orders issued by the Real Estate Regulatory Authority (RERA) of the state as the construction Read More ...

Sunteck rolls out realty plans for MMR region

To match the emerging demand scenario in the Mumbai Metropolitan Region (MMR), Sunteck Realty has planned to start the development of two-three million sq ft of real estate projects in the current financial year, in addition Read More ...

Bentley Systems announces acquisitions of sensemetrics and Vista Data Vision

EXTON, Pa. – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, has announced its acquisitions of sensemetrics (agreement executed) and Vista Data Vision (closed), leading providers of software for Read More ...

DMRC expedites ₹8,390-cr Aerocity-Tughlaqabad corridor

Delhi Metro Rail Corporation is all set to start construction work on the underground section of Phase-IV of its upcoming Silver Line— the Aerocity-Tughlaqabad corridor for which the DMRC has already secured a loan from Japan International Read More ...

MoRTH targets 331-km of tunnelling by 2026

The Union transport ministry has aimed to complete tunnel projects totalling 331-km in length by 2026. Union transport minister, Nitin Gadkari, informed that the aggregate length of National Highway tunnels under operation is 31 km Read More ...

K-RIDE invites bids for ₹54,000-cr Bengaluru suburban rail

The Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE) has invited bids for comprehensive design consultants (DOC) for a 148-km long suburban rail project in Bengaluru involving an investment of about ₹54,000 crore Read More ...

DMRC floats tender for ₹1,365-cr underground metro line

The Delhi Metro Rail Corporation Ltd has floated a global tender for the construction of a 6.981 km underground section under Package DC-07 between Sangam Vihar Station – Sarita Vihar depot including the construction of three metro Read More ...

Wabtec to support Delhi-Meerut RRTS with $15-mn worth of components

Wabtec Corporation (NYSE WAB) has announced that it will support the Delhi-Meerut Regional Rapid Transport Systems (RRTS) with critical component orders worth $15 million for new rolling stock. The company will supply advanced technology Read More ...

Kerala expedites ₹64,000-cr semi high-speed rail project

The Kerala Government has planned to give a massive push to the mega infrastructure projects initiated in the first term, including the ₹64,000-crore semi-high speed rail project connecting Thiruvananthapuram to Kasaragod and the 610-km Read More ...

Pune earmarks ₹1,000-cr for building 11 STPs

Matching to the Japan International Cooperation Agency's terms and conditions, the Pune Municipal Corporation has set aside a sum of ₹1,000 crore to treat sewage water released into the Mula-Mutha river, for which the PMC has to install Read More ...

AP approves ₹2,021-cr infrastructure projects

The Andhra Pradesh state cabinet has approved new development projects, including the ₹1,000 crore Vizag Beach Corridor, to make Visakhapatnam the prime tourist destination. According to Special Chief Secretary (Tourism and Culture), Rajat Bhargava Read More ...
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