Godrej Properties has entered into a joint venture with Nirmal Ventures to develop a residential project. Project will be located at Lal Bahadur Shastri (LBS) marg, Thane. Project will spread over 14 acre of land and will offer approximately 1,95,000 sq mtr of saleable area. It will be developed as a residential development comprising modern […]

Andhra Pradesh Chief Minister N. Chandrababu Naidu said the government will initiate stringent action against officials and agencies which neglect the urban housing projects meant for the poor. He laid foundation stone for 1,52,000 affordable houses in 38 cities across the state through remote control and said that both the state and union governments were […]

Cabinet has given a nod to a Rs 1,423 crore highway project in Andhra Pradesh which is part of the high density Kolkata-Chennai traffic corridor. The work involves six laning of Narasannapeta-Ranastalam section of National Highway (NH)-16 in Andhra Pradesh. The cost of the 54 km project, to be executed under the National Highways Development […]

Australian companies are entering into India’s large and diversified infrastructure sector with a focus on the Centre’s smart cities project. More than 40 infrastructure companies recently visited the country as part of Australia Business Week in India (ABWI), looking for investment opportunities and partnerships with domestic players. As a matter of fact, Australia is now […]

Construction arm of L&T has won orders worth Rs 2,525 crore across various business segments. The Metallurgical and Material handling business has bagged orders worth Rs. 2,271 crore in the domestic market. An engineering, procurement and construction order has been secured for setting up a non-ferrous process plant in India.  Scope of work involves design, […]

JSW Infrastructure, a part of the Sajjan Jindal Group, has recently announced an investment of Rs.2,000 crore to set up a captive port in Odisha’s coast at Jatadhari Muhan area on the outskirts of Paradip. According to an official spokesperson, the port would have a capacity to handle 10 million tons of cargo and the […]

Meerut city is all set to get a 34.3-km long inner ring road that is being constructed to decongest the choked roads within the city, Divisional commissioner Prabhat Kumar, said recently elaborating that funds worth Rs.160.60 crore are all set to flow from the state government for land acquisition to kick-start first phase of the […]

In a recent development in the country’s real estate sector, ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of ASK Group and Emerald Haven Realty Limited (TVS Emerald), the real estate arm of TVS Motor Company have joined hands to set up Rs.400 crore real estate investment platforms. Funds will be […]

Infrastructure major Punj Lloyd today said it has won four highway projects worth Rs. 1,555 crore in Bihar, Chhattisgarh, Odisha and Punjab from the central government. The engineering, procurement and construction (EPC) projects in Bihar, Chhattisgarh and Odisha have been awarded to Punj Lloyd by the National Highways Authority of India (NHAI) while the order […]

Airport Authority of India (AAI) has set aside a staggering sum of Rs.1,000 crore for the expansion of Calicut international airport. The planned expansion will be taken up on 170 acres of land that is being acquired for the purpose. A report prepared by AAI (executive director – operations) J.P. Alex, AAI (architect) S. Biswas […]