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Construction

Andhra Pradesh Industrial Infrastructure Corpn intends to develop an automotive park at Muppireddypally and Kallakal villages, in Medak district of Telangana. Project will entail an investment of Rs 48.04 crore and will spread over 750 acre of land. Work on the project is expected to commence by June 2018. The company is waiting for environmental […]

Shortly after identifying the successful bidder, NHAI issued the letter of award to Punj Lloyd and Varaha Infra joint venture for the construction of a two-lane highway stretch in the Kalewa-Yargi section of the upcoming India-Myanmar-Thailand (IMT) Trilateral Highway. Highway will connect India with Thailand through Myanmar via 120-km length at an estimated cost of […]

Dredging Corporation of India (DCI) has bagged a contract to carry out the maintenance dredging work at Cochin Port. Cochin Port invited global tenders in August 2017 for maintenance dredging for the year 2017-18. DCI stood as the lowest bidder with Rs 88.51 crore, thereby successfully retaining the work in its order book for 2019. […]

Trump Towers, through real estate firms M3M India and Tribeca Developers, has launched a luxury residential project in Gurugram. Project will entail an investment of Rs.1,200 crore. As part of the project, M3M India and Tribeca will develop 250 ultra luxury residences. In the initial phase, the apartments will have three and four bedroom options […]

Bengaluru-based real estate builder of global repute, Embassy Group has chalked out an ambitious plan selecting three verticals including building office space, logistics and industrial warehousing projects to be launched in Chennai this year entailing an investment of Rs.10,000 crore, Michael Holland, CEO-Commercial Real Estate, Embassy Office Parks, said adding that the projects in the […]

Hindustan Construction Company (HCC) today said its joint venture firm has bagged a contract worth Rs.484 crore from the Maharashtra Metro Rail Corporation for the Pune metro project. “Hindustan Construction Company, a lead partner in the joint venture with AL FARA’A, has been awarded a Rs.484-crore contract by the Maharashtra Metro Rail Corporation Ltd for […]

Adding to its project portfolio in the aviation sector, GVK Power & Infrastructure has recently signed a concession agreement for the much-delayed Navi Mumbai International Airport project entailing an investment of Rs.16,000 crore. Agreement has been signed through a special purpose vehicle, Navi Mumbai International Airport Pvt Ltd with Cidco, the nodal authority of the […]

State government in Himachal Pradesh is all set to start land acquisition process for the 219 km long Pathankot-Mandi four-lane project, which has already been cleared by the central government and NHAI and a letter of intent was also submitted to the state government recently. For the project entailing a staggering investment of Rs.8,000 crore, […]

Shapoorji Pallonji Group’s investment arm Shapoorji Pallonji Investment Advisors is set to acquire a commercial project Inspire BKC in Bandra-Kurla Complex (BKC) from Adani Realty. Shapoorji Pallonji will acquire the commercial project at a cost of Rs.2,000 crore. Company has already completed the due diligence process for this over eight lakh sq ft project. It […]