News

East-West Metro Corridor Tunnelling Work Gets Completed

Indian Railways reached another milestone as the tunneling work got completed by Tunnel Boring Machine TBM in East-West Metro Corridor with the breakthrough of ‘Urvi’ at Bowbazar, Kolkata. With this breakthrough, the entire TBM tunneling for the Kolkata East-West...

597 Cr. Project In Uttarakhand Awarded To NBCC

NBCC (India) Ltd., a state owned construction firm, issues a statement saying it has bagged a contract worth about ₹597 crore in Uttarakhand. The work order has been awarded for comprehensive design, engineering, and project management consultancy (PMC) services for...

Value Of Land Within 500 Meter Of Upcoming Metro Corridors In India Likely To Increase By 10-15%, Report

A JLL report said that land value within 500 metre of upcoming metro corridors is expected to increase by 10-15%. “Since then, the advantages of the metro rail system have increased many-folds. Primarily it has been the enhanced connectivity to the suburbs of the...

L&T Construction Secures Order Up To ₹2,500 Cr.
From Oilfields Supply Company Saudi

L&T said its construction arm has bagged up to ₹2,500 crore order from Oilfields Supply Company Saudi to design and build an oil and gas supply base. The company said the orders fall under “significant” category which ranges between ₹1,000 crore and ₹2,500 crore...

₹ 726 Cr Highway Projects In Madhya Pradesh Approved By Government

The government has approved ₹ 726 crore highway projects in Madhya Pradesh for building 291 km of highways in the state. “Ministry of Road Transport and Highways has sanctioned road development projects of 291 km worth 726 crore for the state of Madhya...

₹200 Cr. Invested By ASK Property Investment Advisors In Kalpataru Group’s Housing Project

ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of the ASK group, has invested ₹200 crore in Kalpataru Group’s mid-income housing project in Baner, Pune which is an an ongoing mid-segment residential project, spanning across 16 acres...

Godrej Properties Emerges As The Highest Bidder In CIDCO For Two Plots In Navi Mumbai

Godrej Properties (GPL) has emerged as the highest bidder in the City and Industrial Development Corporation of Maharashtra (CIDCO) auctioning process for two adjacent plots in Navi Mumbai. The two plots acquired by GPL from CIDCO is located in Sanpada, Navi Mumbai....

Migsun To Infuse ₹500 Cr In Lucknow Residential Project

Realty developer Migsun will invest ₹500 crore in a residential and commercial project in Lucknow, Uttar Pradesh. Situated next to Medanta Hospital, the residential project will have around 1,000 units, and the commercial project near Shaheed Path will be spread over...