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Construction & Infrastructure News

PropTiger and Housing.com merge to become India’s largest digital real estate company

January 2017

PropTiger.com and Housing.com, two of India’s leading online real estate service providers, will come together to become India’s largest online real ...

IREA Group, News Corp, SoftBank, Real estate sector, Investment, PropTiger.com, Housing.com, SoftBank Group Corp, REA Group, Henry Ruiz, Raju Narisetti, Ravi Adusumalli, Prashanth Prakash, Accel Partners

Piramal to apply to NHB to enter housing finance business

January 2017

Piramal Enterprises has announced its plans to enter the retail housing finance business. Piramal Finance, its 100 per cent subsidiary, will further ...

Piramal Enterprises, HFC, NHB, Piramal Finance, Lease rental discounting, Commercial projects, Financing construction, Home buyer

Govt extends Navi Mumbai airport bids

January 2017

The City and Industrial and Development Corporation (CIDCO) has extended the deadline for submission of Navi Mumbai airport project bids by a fortnig...

City and Industrial and Development Corporation, GVK group, GVK, GMR group, Tata Realty, Hiranandani Group-Zurich Airport consortium, MIAL, Pre-development work, Stage Two environmental clearance

HCC bags Rs 369-crore IRCON contract

January 2017

Hindustan Construction Company (HCC) has bagged a Rs 368.6 crore contract from IRCON International for construction of the cable stayed bridge includ...

HCC, Contract, Construction, Project, Anji Khad, Arun Karambelkar, Indian Railways, IRCON

NHAI unlikely to meet the award and execution target for FY2017

January 2017

In August 2016, the Cabinet Committee on Economic Affairs (CCEA) had authorised the NHAI to monetise public funded National Highway (NH) projects, wh...

Cabinet Committee on Economic Affairs, National Highway, K Ravichandran, ICRA, NHAI, Shubham Jain, EPC projects, MoRTH

Hiranandani Signature fulfills the dream of India’s first IFSC at GIFT City

January 2017

Hiranandani Signature is a commercial tower completed within a record 13 months – while ensuring quality of construction. This is an achievement by D...

Hiranandani Signature, Dr Niranjan Hiranandan, SEZ, GIFT City, IFSC, BFSI, Signature, Power

Japan to help make Chennai, Ahmedabad and Varanasi Smart Cities

January 2017

Japan has decided to be associated with the development of Chennai, Ahmedabad and Varanasi as smart cities. This has been conveyed by Japan’s Ambassa...

Japan Ambassador Kenji Hiramatsu, USTDA, British, MoU, Varanasi Smart Cities

Air India’s operational losses down 70percent to Rs 161 crore

January 2017

India’s national carrier has continued to improve its financial performance, reducing operational losses by 70 per cent to Rs 161 crore for the first...

Air India, India national carrier
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