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Construction & Infrastructure News

Seven companies bag contracts for Mumbai metro

August 2017

As reported, seven of the 10 infrastructure developers who made bids for Mumbai’s Metro Line 2B and Metro Line 4 have been awarded contracts. Metro L...

Infrastructure Developers, L&T, Reliance Infrastructure, Rizzani de Eccher, Simplex Infrastructure, NCC Infra, J Kumar Infraprojects, JMC Projects, Tata Projects

PM to lay foundation stone of Zojila Tunnel in J&K

August 2017

A recent report from PTI reveals that Prime Minister Narendra Modi will lay the foundation stone of the Zojila tunnel in Jammu and Kashmir after Augu...

PTI, Zojila tunnel, Narendra Modi, Srinagar-Kargil-Leh National Highway, IL&FS Transportation

Feasibility study on for the Sabarimala Airport

August 2017

The process of identifying a consultant to conduct the feasibility study for the Greenfield Sabarimala airport project is on. Planned at 2,263 acre i...

Sabarimala Lord Ayyappa Temple, Cheruvally estate, KSIDC, EoI, Kerala High Court

FDI in construction falls 59 per cent to $1.9 billion (as against USD 4.6 billion in 2015-16)

August 2017

FDI in the construction sector has recorded a fall by 59 per cent to $1.9 billion during the last fiscal, as against USD 4.6 billion in 2015-16, desp...

FDI, Construction, Economic Survey, NPA, PMAY, Real estate law, Smart Cities Mission, REITs, Benami Transactions

Why is the Navi Mumbai Airport still awaiting government’s approval?

August 2017

Six months post CIDCO closed the financial deal with GVK-led Mumbai International Airport (MIAL), and the state government is yet to approve and fina...

CIDCO, MIAL, SPV, Project Management and Implementation Committee

Allcargo posts 6 per cent revenue growth

August 2017

Allcargo Logistics has achieved a total revenue from operations at Rs 1,483 crore for the quarter ended June 30, 2017, as compared to Rs 1,399 crore ...

Allcargo Logistics, Project logistics, Financial results, Transportation

Here’s the big opportunity for private companies in Nagpur Airport

August 2017

The Maharashtra Government is all ready to give Nagpur airport to the private hands. As reported, the government has been in talks with companies suc...

Maharashtra Government, Boeing, Tatas, Reliance, MADC, AAI, MIL, Essel Infrastructure, GVK, GMR, Tata Realty, PNC Infrastructure

With GST and RERA in, what’s next for realty sector?

August 2017

In India, real estate is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade. The country was muc...

Real estate, RERA, GST, Parliament of India, VAT, Mapsko, M3M Group
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