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Welspun Enterprises said it has bagged a Rs 1,460 crore road project from PWD in Maharashtra. The company has received the letter of award from PWD, Government of Maharashtra, for upgradation of roads/two-laning of roads/ two-laning of roads with paved shoulder under Maharashtra Road Improvement Programme (MRIP) Package on Hybrid Annuity Mode (HAM) in Amravati, […]

RPP Infra Projects has bagged order worth Rs 527 million from the Drinking Water and Sanitation Department, government of Jharkhand. The scope of work includes detailed survey, designing and drawing & construction of RCC intake well-cum-infiltration gallery, pump house, supplying and laying raw water rising main, clear water rising main, distribution system. It also includes […]

The combination of policy and regulation reforms in the real estate sector has increased the risk appetite of global institutional investors as they increasingly switch from income producing to development of assets. The trend clearly indicates their preparedness to participate and assume more risk in Indian real estate given the improvement in transparency and their […]

Altico Capital India, a real estate-focused non-banking financial company (NBFC), has recently entered the warehousing and logistics sector and invested ₹.650 crore in Renaissance Group’s ongoing industrial and warehousing park project in Bhiwandi near Mumbai, Altico chief executive, Sanjay Grewal said, adding that the project has a development potential of 20 million sq.ft of warehousing […]

To attract more investments, especially to sectors like aerospace, defence and automotive, the Maharashtra Industrial Development Corporation (MIDC) is planning to acquire additional 68,000 hectares over the next five years. Maharashtra on average nets around 30 percent of the total foreign direct investment coming to the country, making it a top destination for foreign companies. […]

Buoyed by the growing investment appetite in the sector, Kotak Realty Fund (KRF) has decided to deploy about ₹2,300 crore for residential, commercial and retail projects across the country, CEO, Kotak Realty Fund, Vikas Chimakurthy, said, elaborating that the two new funds had already tied up for the targeted amount and deployments are taking place […]

ITD Cementation India has received LoA / LoIs aggregating over Rs 1066 crore for -Construction of New Integrated Passenger Terminal Building and associated facilities at Pune Airport for Airports Authority of India. Construction of Breakwater for Vizhinjam Port, Thiruvananthapuram, Kerala for Adani Improving Capacity Utilisation of OR-I & OR-II Berths for Visakhapatnam Port Trust.Design, Construction, […]