AU Real Estate To Develop Cosmos Corner In Ghaziabad

01 Jun 2026 CW Team

AU Real Estate has announced plans to invest Rs 12 billion (Rs 12 bn) in a new residential development in Ghaziabad, Uttar Pradesh. The developer will launch a 5.6 acre project named Cosmos Corner in Siddharth Vihar, which will comprise approximately 831 residential units. The move aligns with the developer’s broader strategy to deepen its presence in the Delhi-NCR region.

The project carries a total estimated investment of around Rs 12 bn and is expected to generate a projected revenue potential of nearly Rs 16 billion (Rs 16 bn) on completion. The development will add to the growing housing inventory in the region and is positioned to serve increasing buyer demand. The development is intended to broaden options for local homebuyers across segments.

The company indicated that the site has been selected in view of enhancing connectivity and local infrastructure, and its director, Ashish Agarwal, described Siddharth Vihar as emerging among promising residential locations in the National Capital Region. The statement highlighted improving infrastructure and steady housing demand as drivers for the project’s outlook. The company said design emphasis will include community amenities and landscape elements to appeal to families.

AU Real Estate said it continues to expand its footprint across Delhi-NCR with multiple ongoing residential developments in key micro-markets and the new project will form part of its portfolio strategy. The announcement was sourced to PTI. Company officials indicated further updates on sales launch and construction milestones will follow as the project progresses.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..