GIC and ESR Group have announced an 80:20 strategic partnership to establish a $600 million JV to acquire income-producing industrial and logistics assets in India.
The CROSSROADS- Young Architects Festival, 2022 hosted by the Indian Institute of Architects, Calicut Centre under the aegis of IIA, Kerala Chapter was held from October 27 to October 29.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
Adding to its range of compact telehandlers, Manitou launched its first 100 per cent electric model, the MT 625e. Powered by a 25 or 33 kWh lithium-ion battery, the MT 625e has a 2.5 tonne lift capacity and reaches up to 19.7 ft high.
The Maharashtra Electricity Regulatory Commission (MERC) has granted Adani Electricity Mumbai permission to purchase 1,000 MW of renewable power in conjunction with thermal power (500 MW plus an additional 500 MW under the green shoe option).
The Solar Energy Corporation of India has invited bids for the O&M contract, including insurance for five years, for a 10 MW ground-mounted solar power project at Badi Sid in the Jodhpur district of Rajasthan.
The Power Transmission & Distribution business of L&T has secured multiple EPC orders to build transmission lines and substations in the Kingdom of Saudi Arabia.
India could export green renewable energy to Singapore beginning in 2025. An MoU has been signed between India's Greenko and Singapore's Keppel Infrastructure to explore green hydrogen opportunities in India
After awarding the contract for a 1,320 MW thermal power project in Odisha’s Talcher, NTPC has finalised awarding contracts for four more coal-fired power projects over the next three years.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
Punjab cabinet minister Inderbir Singh Nijjar has inaugurated the ‘legacy waste bioremediation plant’ on the Tajpur Road dump site in Ludhiana, which will clear 500,000 tonne of legacy waste.
Model Economic Township (MET City), a wholly owned subsidiary of Reliance Industries (RIL) is developing a Greenfield Smart City near Gurugram, Haryana.
Imagine Panaji Smart City Development (IPSCDL) will lay a new sewerage network in Ribandar along with beautification of the riverside promenade as part of the ongoing smart city mission.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
Shriram Properties and ASK Property Fund have signed an MoU for setting up an investment platform for the acquisition of residential real estate projects.
L&T Realty and Singapore-listed CapitaLand India Trust Management have entered into a non-binding term sheet for a commercial platform to develop close to 6 million square feet of prime office spaces across Bengaluru, Chennai and Mumbai in India
Godrej Properties has announced that it has purchased 12 acre of land in Mundhwa-East, Pune for the construction of a housing complex with a potential sales income of roughly Rs 20 billion.
Realty firm Macrotech Developers plans to launch 16 new projects, comprising a 7.3 million sq ft area, in the second half of this fiscal with an estimated sales potential of Rs 103 billion as it seeks to tap rising housing demand
Hospitality major, Marriott India is developing its luxury hotels portfolio and plans to increase the share of luxury brands to about 35 per cent from the existing 20 per cent, primarily in the leisure segment.
M3M, a real estate development company, plans to invest Rs 18 billion in the construction of multiple projects on the Dwarka Expressway, including luxury residential and retail, with a revenue potential of Rs 61 billion.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
The Power Ministry is planning to make it mandatory for any thermal power producer planning to install a new generating capacity after April 1, 2024, to either set up or acquire renewable energy capacity equivalent to it.
Prime Minister Narendra Modi has inaugurated Rs 29.17 billion U-field onshore deep-water block project of the Oil and Natural Gas Corporation (ONGC) in Andhra Pradesh.
Model Economic Township (MET City) developing a world class greenfield smart city near Gurugram, Haryana. It is a Japan Industrial Township (JIT) and houses four leading Japanese companies.
Nitin Gadkari, Union Minister of Road Transport and Highways, has promised additional ropeways, a cable railway system, and clean energy projects for the state of Himachal Pradesh, which is up for election.
An MoU for the development of City Gas Distribution (CGD) networks to supply dependable, affordable, and environmentally friendly natural gas across fifteen districts of Karnataka has been signed by the state and AG&P Pratham.
The Asian Development Bank (ADB) has approved loans amounting to about Rs 29 billion to improve the road connectivity of key economic areas in Maharashtra.
Union Minister of Jal Shakti, Shri Gajendra Singh Shekhawat, has hailed Meghalaya as the torchbearer state in providing tap water connections under Jal Jeevan Mission (JJM).
The Odisha government has decided to prepare a comprehensive five-year perspective plan for development of basic infrastructure in peri-urban areas of major urban local bodies (ULBs) in the state.
Megha Engineering and Infrastructure (MEIL) of Hyderabad has begun work on Mongolia's first Greenfield oil refinery on the outskirts of the capital city of Ulaanbaatar.
Celebi Delhi Cargo Terminal Management India intends to invest Rs 1.5 billion to upgrade infrastructure at its facility in the national capital in anticipation of increased cargo volumes in the coming months.
The Directorate General of Civil Aviation (DGCA) has given the aerodrome licence for the new airport at Mopa in Goa, paving the way for starting commercial flights soon at the airport to be operated by the GMR Group.
Under the 'PM Gati Shakti Multimodal Waterways Summit 2022,' the Government of India has pushed the envelope to make inland waterways a sustainable, cost-effective, and hassle-free mode of transportation
Under the 'PM Gati Shakti Multimodal Waterways Summit 2022,' the Government of India has pushed the envelope to make inland waterways a sustainable, cost-effective, and hassle-free mode of transportation.
The Ministry of Environment, Forests, and Climate Change (MoEFCC) has approved the Centre's ambitious Rs 720 billion multi-development projects in Greater Nicobar Island, India's southernmost point and a strategically important area.
Centre has granted final approval for extending viability gap funding (VGF) of Rs 8.18 billion to the Vizhinjam International Deepwater Multipurpose Seaport being built by the Adani Group, even as protests from local fishermen and other delays continue to dog the project.
The development of a jetty to accommodate Very Large Container Ships (VLCS) is planned by APM Terminals Pipavav (Gujarat Pipavav Port), India's first private sector port, at an estimated cost of Rs 8 billion.
The Delhi Meerut Rapid Rail Transit System (RRTS) is being built at a full pace and the people would soon get the opportunity to ride India's first rapid rail, National Capital Region Transport Corporation (NCRTC) has reportedly declared.
The Mysuru Railway Division's Gati Shakti Unit has prioritised 17 projects in its jurisdiction, including the development of Mysuru Railway Station and a terminal at Naganahalli, at a cost of Rs 4.93 billion.
Indian Railways is moving ahead on its plan of electrifying its entire broad-gauge network, which would result in better fuel energy use and increased throughput, as well as reduced fuel expenditure.
The Visakhapatnam railway station is set for a Rs 4.60 billion makeover under the station redevelopment programme, as the city would become the headquarters of a new zone, the South Coast Railway Zone.
Nitin Gadkari, Union Minister for Road Transport and Highways, announced a number of National Highway (NH) projects worth Rs 440 billion to improve border security and connectivity in Arunachal Pradesh.
Maple Highways, a dedicated India road investment platform created by global investment group CDPQ, has completed the acquisition of the Eastern Peripheral Expressway (EPE) that encircles the National Capital Region (NCR)
Union Minister for Surface Transport Nitin Gadkari will visit Siliguri in West Bengal next week to launch the construction of a 13-km, four-lane elevated road along NH-10 at the northern end of the city.
Orientbell Tiles has launched a new collection of GVT tiles, Inspired. The range brings over 65 designs in the 600x1200 mm category and 26 designs in the 600x600 mm segment.
Sicis has launched You Glass - a decorated glass U-profile that allows customisation with wide colour ranges both for outdoor façades and for interior furnishings.
Panasonic Life Solutions India has announced the launch of 'Tiona' - the new mid-modular switch range. The range of switches will be available in various fits and finishes.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
Anup Vikal, CEO, Maple Highways, has added to the company’s successes with the acquisition of the Eastern Peripheral Expressway (EPE) that encircles the National Capital Region (NCR).
In an initiative that is a first for India, under the leadership of Krishna Reddy, Managing Director, Megha Engineering & Infrastructures (MEIL), Bihar is receiving drinking water from the Ganga floodwater.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
On October 30, 2022, a pedestrian suspension bridge over the Machchhu River in Morbi, Gujarat, India, collapsed, killing at least 135 people and injuring more than 180 others.
Colliers has released its ‘Asia Pacific Market Snapshot | Q3 2022’ report, which shows that most major real estate markets across the region have continued to perform well in the third quarter, despite the loss of some growth momentum in the face of difficult macroeconomic conditions marked by high inflation and rising interest rates.
Implementation of actions under stage III of the revised Graded Response Action Plan (GRAP) of the Commission for Air Quality Management (CAQM) in Delhi-NCR has brought construction activities to a stand-still and impacted the ease of doing business and ease of living, said PHD Chamber of Commerce and Industry in a press statement.
National Investment and Infrastructure Fund (NIIFL) has signed an MOU with Japan Bank for International Cooperation (JBIC) to promote and enhance Japanese investments in India.
The United States federal government agency is set to invest over $15 million in India's health infrastructure, as part of the Partnership for Global Infrastructure and Investment (PGII), the White House has reportedly said.
Madurai Kanyakumari Tollway (MKTL) and Kanyakumari Etturvattum Tollway (KETL), the first two parts of four contiguous stretches of NH-7 connecting Madurai to Kanyakumari operated by Cube Highways, have inaugurated the country’s one of the most advanced traffic management systems (ATMS) at KETL, Sattur.
According to Knight Frank India, the gross floor area of LEED-certified buildings across seven cities has been recorded at 39,539,770 sq ft during the January to October 2022 period.
Highlighting the importance of LEED Certification of buildings, Sujatha Ganapathy, Vice President - Sustainability and Well Standard Business, Knight Frank India, has said, “Sustainable architecture and green buildings meeting the needs of a balanced ecology is an emerging and on-demand trend in the Indian and global real estate landscape.
Model Economic Township (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world-class greenfield smart city near Gurugram, Haryana.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
