Projects
Two road projects in Karnataka and Maharashtra, which entail a cost of Rs 4,139 crore, have been started by IRB Infrastructure. IRB Infrastructure said in a filing to the BSE, that Rs 2,639-crore scheme for four-laning of a highway in Karnataka and the Rs 1,500-crore road widening project in Maharashtra are being implemented by company’s [...] Continue Reading »
Kolkata-based Merlin group along with Kolkata metropolitan development authority (KMDA) is now developing Acropolis, the Rashbehari-EM bypass connector through a PPP model. The project is expected to redefine the skyline of the city’s burgeoning business district, spread across 6.5 acres, according to developers who are pumping Rs 400 crore into the project. Sushil Mohta, managing [...] Continue Reading »
Kruti Kumar Jain, director, Kumar Urban Development said, “The Mega Township is aimed at catering to the employment catchment area of Kharadi and Hadpasar in Pune.” Jain said , the project offers a unique combination of luxury and affordability and the prices start at Rs 30 lakh.She added the project’s USP is its proximity to [...] Continue Reading »
A leading real estate developer in India, Puravankara Projects Limited launched Purva Westend in Bangalore. Puravnkar projects Limited has set a mile stone by selling half a million sqft within 4 days of the project’s launch. This amazing response is due to innovative book building methods adopted by Puravnkara. This method provide customers a chance [...] Continue Reading »
During this calendar year, Realtor Paarth Infrabuild has intended to invest about Rs 5,000 crore in different projects to be launched in Uttar Pradesh. Paarth Director and Promoter Pradeep Misra told sources, the real estate projects would primarily be launched in Lucknow, Noida and Kanpur. He informed, “We aim to develop area aggregating 12 million [...] Continue Reading »
The State Government and National Highways Authority of India (NHAI) have recently approved the three-tier flyover on Hero Honda Chowk to ease out the traffic. NHAI has now invited tenders for the construction the flyover at the Hero Honda Chowk, aimed at easing traffic troubles at this cluttered intersection. As per the senior NHAI officials, [...] Continue Reading »
The Uttarakhand government is getting ready to set up a new industrial estate exclusively for the MSME sector at Lal Kuan in the Kumaon region, with the draft industrial policy for micro, small and medium enterprises (MSMEs) being fine-tuned and the Centre extending a capital subsidy scheme. Former chief minister, Vijay Bahuguna, has already made [...] Continue Reading »
Gearing for a swifter industrial development, chief minister Vasundhara Raje made announcement for the new industrial areas in state. Ghilot, Kushkera, Tapukera Extension and Karauli are to be developed as the centres of industrial growth, she said. Raje, present at the launch of Honda’s new car manufacturing facility said, “The state is trying to expand industrial infrastructure with involvement [...] Continue Reading »
In a massive housing programme launched for the economically weaker section (EWS), BPL and other categories, the Haryana Housing Board has launched construction of 50,000 affordable houses for over the next two years. Construction of about 30,000 houses has already started. The total cost of the project is being estimated to be over Rs 2,250 [...] Continue Reading »
Residential developer Shapoorji Pallonji has been appointed as the main contractor to build a new medical centre based in Dubai Healthcare City. The facility will be built in 175,000 square feet of internal space arranged over six floors with three basement levels for parking. The prestigious project will be built for client Dr Sulaiman Al Habib [...] Continue Reading »
