Ibis plans Rs 500 cr investment in four new properties by FY24

INDIA’S INFRA STORY IS SHIFTING TRACKS

Recently, during the Indian Construction Equipment Manufacturers’ Association ( iCEMA) AGM, the mood was somber. While mining and real estate had provided great relief, the usual cheerleader, namely the road sector, had let everyone down. So, to put the record straight, Ministry of Road Transport and Highways (MoRTH) awarded around 7,184 km of roads in 2025-26, down from 7,538 km in 2024-25. Road construction by MoRTH is expected to remain at around 9,700 km in 2026-27, compared with 9,361 km in 2025-26. So, while road construction was down by 12% and awards have been lower by 5%. With the p..

LML Realty Launches Built-to-Lease Factories for MSMEs

LML Realty has expanded its Built-to-Suit Factory solution with a Built-to-Lease model aimed at supporting industrial expansion among MSMEs. The offering provides manufacturers with fully operational facilities, including land, starting at Rs 25 per sq ft per month.Delivered through its construction division, LML Contracts, the solution covers land acquisition, design, civil and structural construction, MEP services and statutory approvals under a single contract. The company offers a 180-day handover timeline.The model is designed to reduce upfront capital requirements and simplify the fragme..

Arisinfra Raises Buildmex-Infra Stake to 92%

Arisinfra Solutions Limited will acquire an additional 16 per cent stake in its material subsidiary, Buildmex-Infra Private Limited (BIPL), increasing its total holding to 92 per cent.The acquisition covers 16,000 equity shares for Rs 600 million and is expected to be completed by September 30, 2026.BIPL procures, trades and distributes construction materials for infrastructure and real estate projects. The company’s revenue increased from Rs 179.3 million in FY24 to Rs 703.6 million in FY25 and Rs 1.79 billion in FY26, representing an approximately tenfold increase over two years.The higher..