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Latest Articles in Infrastructure

Delhi-Mumbai Electric Highway Soon? Nitin Gadkari’s Latest Statement Sparks Buzz Around Key Project

“Our planning is to make electric highway from Delhi to Mumbai. Just like trolleybus, you can run trolleytrucks also,” he said, without providing more details.

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HC Ruling On GST On Under-construction Flats To Reduce Tax Outgo For Buyers: Experts

Currently, GST is levied on sale of under-construction flats/units wherein the entire value of flat or unit is taxed after giving Ad Hoc deduction of 1/3 of value of flat/unit

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'Illegal' Property Worth Rs 21 Cr Belonging To UP Ex-MLC's Aide Attached

A joint team of police and revenue department on Sunday attached alleged illegal property worth Rs 21 crore registered in the name of former MLC Haji Iqbal's aide.

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Welspun Logistics Parks Hands Over 3.7L sq ft Warehousing Facility To FM Logistic

The facility, developed by WOLP, was delivered as per agreed timelines, despite pandemic-related disruptions

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Godrej Properties Aims Rs 2,000 Cr Revenue From 33-acre Housing Project In Bengaluru

The land is located in the residential micro-market of Bannerghatta Road in South Bengaluru, Godrej Properties said in a regulatory filing

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L&T Constructs 7-storey Facility For DRDO In Record 45 Days

The facility was inaugurated on March 17, 2022, by Minister of Defence, Rajnath Singh in the august presence of Basavaraj Bommai, Chief Minister of Karnataka, Dr G. Satheesh Reddy, Secretary Department of Defence R&D & Chairman, DRDO and other dignitaries

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Indian Real Estate Engine on Right Track: CBRE India Market Outlook Report 2022

Total investments in real estate expected to rise by 5-10 per cent in 2022 to reach near the pre-pandemic levels of 2019. I&L leasing activity to grow more than 25 per cent to touch 35-37 million sq. ft. in 2022, the report said

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RERA Execution To Improve Post SC Direction On Studying States' Rules: FPCE

Homebuyers' apex body FPCE expects the implementation of realty law RERA to improve following the Supreme Court's recent direction to the Centre to examine the rules framed by states

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Indian Railways Mapping Mining Districts To Connect Them With Rail Network

Under its 'Mission Hungry for Cargo' initiative, the Railways is targeting a 45 per cent modal share in freight transportation from the current 27 per cent

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India Needs to Develop A Strong Industrial Base For Recycling Aluminium

India’s Aluminium production at about 3.7 MMT makes it the 3rd largest producer of the metal. With consumption at 2 MMT amounting to about 2.5kg per capita against the global average of 11kg per capita, India has tremendous headroom for growth in this sector. As India moves to achieve the global average of 11 kg per capita, an additional annual consumption of 16 MMT is forecast. If this were to come from the primary route the socio-environmental load could be catastrophic. Hence, India now needs to develop a strong industrial base for recycling Aluminium scrap and promote secondary producers.

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DMRC Has Informed About Amount Deposited In Escrow DAMEPL Account: Govt

Union minister Hardeep Singh Puri said this in a written reply in Lok Sabha in response to a question on whether there has been delay by the government or the DMRC in the execution of award by arbitral tribunal to DAMEPL.

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India Seen Boosting Budget Spending On Infrastructure

The budget is likely to cut the federal fiscal deficit to 6.3% to 6.4% in 2022/23 from 6.8% in 2021/22, government officials and economists said.

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BSE Realty Index Clocks 204% Growth Amid COVID-19, Outperforms Other Sectoral Indices

As per ANAROCK Research, the market share of listed developers is rising, with their sales share of overall residential area sold across the top cities tripling from 6% in FY17 to 18% by H1 FY22.

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NHAI Toll Revenue To Jump To Rs 1.40 Tn In Three Years: Gadkari

The Road Transport and Highways Minister said that there is a huge opportunity for investors in India's infrastructure sector as the traffic density is rising every year

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Why Urban India Needs Transit-Oriented Development?

The burgeoning population has placed a strain on urban mobility, spawning issues such as congestion, pollution, parking challenges, and freight inefficiencies among others. In such a scenario, it is of significant importance to give a boost to the developmental activities while maintaining sustainability. There is a need to prepare the ground for the holistic concept of Transit Oriented Development (TOD) - any micro or macro development originating from the transit node that results in wider accessibility to the transit facility.

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