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Construction & Infrastructure News

By 2025, we will have 250 km of metro network in Karnataka

March 2018

The project is progressing well. Currently, we are operating North-South and East-West that span over 42.8 km with a ridership of more than four lakh...

Mahendra Jain, Government of Karnataka, Bangalore Metro Rail Corporation, Metropolitan Transport Corporation, Karnataka State Road Transport Corporation, BMTC, BMRC, Rahul kamat

No-Frills Airports: Doing More With Less

March 2018

Currently, less than 3 per cent of India's 1.3 billion population flies and the Government of India, along with Airports Authority of India (AAI), is...

AAI, Ude Desh Ka Aam Naagrik, Government of India, Glass, Steel, Fancy lounges, Centralised air conditioning, Aerobridges, Conveyor belts, Escalators, Elevators, Airport Authority of India

We are implementing projects worth Rs.22 billion

March 2018

We have a number of projects in the pipeline. We are trying to start with smart buses, which will run inter and intra-city. ...

MahipTejasvi, Gwalior Smart City Development Corporation, Smart Cities Mission

Trichy airport funds Rs 1.71 crore for makeover

February 2018

The Trichy Interational Airport will soon have a complete makeover at an estimated Rs 1.71 crore. The work has reportedly been taken up by the Airpor...

Trichy Interational Airport, AAI, Restrooms, Terminal, Corridor

IFC to invest Rs 324 crore in Altico Capital for affordable housing projects

February 2018

The International Finance Corporation (IFC) has plans of providing a debt financing of around Rs 324 crore to non-banking financial company Altico Ca...

International Finance Corporation, Altico Capital India, PMAY, Housing for All, L&T Finance Holdings, Ashiana Housing, Aspire Home Finance, Micro Housing Finance, Aptus Value Housing Finance

Lucknow to float municipal bonds of Rs 1 billion to fund infrastructure projects

February 2018

The government of Uttar Pradesh is reportedly encouraging its urban centres to fund their developmental and infrastructure projects. The Lucknow Muni...

Lucknow Municipal Corporation, Urban centres, Multi-storied housing project, NDMC, Fund infrastructure projects

Pune plans for 25 durable plastic mix roads

February 2018

The Pune Municipal Corporation is planning to make better use of the waste plastics. The civic body is reportedly planning to have roads constructed ...

Pune Municipal Corporation, Waste plastics, Shredded plastic, CPCB, Technology, Road construction

Budget Reactions | Building Materials and Technology

February 2018

“The increase in the outlay on rural infrastructure is one positive feature. However, there were more expectations in terms of encouragement or need ...

Housing for All, Budget, Nuvoco Vistas Corp, Ujjwal Batria, MSP, MSME credit, GDP, Cement, Concrete, Infrastructure, Roads, Airports, Railways, Ports, Inland waterways
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