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Construction & Infrastructure News

265 km section in Madurai to be India’s longest green railway corridor

August 2017

Madurai already had created the country’s very first green corridor last year, and soon it will be declaring the Tiruchi-Manamadurai section as a gre...

Tiruchi-Manamadurai section, Tracks, Railway station, Undergear tanks, Manamadurai-Madurai sections green corridors

Shapoorji Pallonji ties up with Abu Dhabi to fund commercial property

August 2017

Shapoorji Pallonji and Abu Dhabi Investment Authority (ADIA) have reportedly joined hands to make an investment in office spaces in the country. Inve...

ADIA, Shapoorji Pallonji, HDFC Capital, Hines India Real Estate

Seven companies secure contracts for Mumbai metro

August 2017

Seven of the 10 infrastructure developers who made bids for Mumbai’s Metro Line 2B and Metro Line 4 were awarded contracts, according to reports. Met...

Rizzani de Eccher, Simplex Infrastructure, NCC Infra, J Kumar Infraprojects, JMC Projects and a JV between Tata Projects

GST launch takes its toll on the June IIP numbers

August 2017

The IIP number for the month of June 2017 came in sharply lower at -0.1% compared to 1.7% in the previous month of May 2017. A correction in the IIP ...

IIP number, GST, Tata Power, Adani Power, PPA, Cement, RERA, Construction sector, Electrical

Chalking out post GST and RERA industry blue print

August 2017

In a bid to provide impetus to the real estate sector and support the reform measures taken by the government, National Real Estate Development Counc...

NAREDCO, GST, Affordable Housing, Smart homes, Rajeev Talwar, Real estate

Government reorganises road projects worth Rs 1 lakh crore

August 2017

The year 2016-17 saw a joint effort by the NHAI and MoRTH to reorganise nearly 88 per cent of road projects involving about Rs 1 lakh crore of invest...

NHAI, MoRTH, Investment, Public transportation, Vehicles carrying goods, Setu Bharatam programme

Residential sees $1,075 million investment in Indian real estate in H12017

August 2017

Investments in Indian realty at $1,990 million H12017; residential accounted for 54 per cent ($1,075 million) of total investments....

Investments, RERA, GST, Demonetisation, Real estate, RBI

Ten Namami Gange projects of Rs 2,000 crore approved

August 2017

The National Mission for Clean Ganga has approved 10 projects in Bihar, West Bengal and Uttar Pradesh to the tune of about Rs 2,033 crore. Eight of t...

National Mission for Clean Ganga, Ganga Knowledge Centre, Pollution abatement, Rehabilitation works, Sewage infrastructure, Ganga Monitoring Centres
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