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INDIA INVESTMENT NEWS

The first half of 2016 has witnessed the lowest number of new residential launches in the last three years across the top eight cities, as developers became cautious because of the huge unsold inventory that has been piling up since 2013. New launches have declined by 9% in the last six months to less than […]

Injecting a major booster to the road infra across the country, Cabinet Committee on Economic Affairs, has recently given its approval to three major highway projects at an investment of Rs. 6,000cr, said finance ministry sources, elaborating that the government has given its nod to the four laning of 80 kilometre long Phagwara-Rupnagar Section of […]

The Construction Industry Development Board of Malaysia is likely to invest about Rs. 10,000 crore on various infrastructure projects in Telangana. CIDB Chief Executive Officer Abdul Latif Hitam has assured Telangana IT and Industry Minister KT Rama Rao that the board would consider investing in the State. An official team, led by Rama Rao, is […]

BlackSoil Realty Fund–I has invested Rs. 35 crore in Sankrit Group’s upcoming project in the city by subscribing to NCDs issued by the developer entity. The Mumbai-based Fund has made five other investments in the past in Mumbai, Chennai, Bengaluru and Hyderabad. It is backed by the promoters of industry giants such as the Allcargo […]

An offshore player, CIMIC Group Company Leighton Asia, with its headquarters in Australia and engaged in infra and construction segments, through its subsidiary Leighton India Contractors, has recently secured deal worth $169.5 million to build a retail and hospitality project in Mumbai. The company in question has entered into an agreement to deliver phases two […]