Latest-Construction-News

Keystone Realtors to Invest Rs.9 Bn in FY25 Residential Projects

Keystone Realtors plans ?900 crore investment in residential projects in FY25 to expand its presence across Mumbai.

KEPL Secures Rs.10 Bn Arbitration Award Against NHAI

KEPL wins Rs10 Bn arbitration case against NHAI for project delays.

Embassy REIT Leases 1.4 Million Sq Ft to Commonwealth Bank

Embassy REIT leases 1.4 million sq ft office space in Bengaluru to the Commonwealth Bank of Australia.

MahaRERA Mandates Quality Assurance Submission by Developers

MahaRERA now requires real estate developers to submit mandatory quality assurance certificates for all projects to ensure construction standards.

Depreciated Asset Sale Proceeds Qualify for Home Tax Benefits: ITAT

The ITAT ruled that proceeds from the sale of depreciated assets invested in a home are eligible for tax benefits, providing relief to taxpayers.

Major Ports Propose New Wage Settlement to Avoid Worker Strike

Major Indian ports propose a revised wage offer to settle workers' wage issues and prevent a potential strike, aiming to ensure smooth operations.

Premji Invest, Ranjan Pai Team Up to Invest in Akasa Air

Premji Invest and Ranjan Pai's team plan to acquire a stake in Akasa Air, aiming to support the airline's growth and expansion.

Japan Airlines to Boost Tokyo-Bengaluru Air Connectivity

Japan Airlines plans to enhance connectivity on the Tokyo-Bengaluru route with increased flight frequencies, improving travel options for passengers.

NCRTC and DMRC Collaborate on Unified QR Ticketing System

NCRTC and DMRC have signed an MOU to implement an integrated QR ticketing system, enhancing convenience for commuters in the Delhi-NCR region.

Vande Bharat Metro Test Run Begins for Vadodara-Ahmedabad Route

The railways have commenced test runs of the Vande Bharat Metro, promising faster travel for daily commuters between Vadodara and Ahmedabad.

IndiGo to Contest Penalties Over Input Tax Credit Dispute

IndiGo plans to challenge recent penalties imposed regarding disputes over input tax credit claims, seeking a resolution to the issue.

PWD to Monitor 200 km of Roads Every 2-3 Days for Better Maintenance

The Public Works Department (PWD) has mandated regular monitoring of 200 km of roads every 2-3 days to enhance maintenance and ensure road quality.