J&K to receive about Rs 60,000 cr investment in the realty sector

29 Dec 2021 CW Team

Jammu and Kashmir Lieutenant Governor Manoj Sinha told the media that J&K would obtain approximately Rs 60,000 crore of investment in the real estate sector very soon. These investments would have multiplier impacts on the Union Territory’s economy.

Addressing Jammu and Kashmir Real Estate Summit 2021, jointly organised by the Ministry of Housing and Urban Affairs, the J&K and NAREDCO, Sinha said that the investment offers of Rs 44,000 crore with detailed project reports have been presented to the departments involved.

Measures like decreasing aviation fuel rate to 1% and rationalising stamp duty rates (on the lines of other States) are being considered. Infrastructure projects of approximately Rs 100,000 crore are at various stages of execution in the region.

Metro projects in both cities are being viewed. Other ministers present there involved the Minister of State at PMO Jitendra Singh and the Minister of Housing and Urban Affairs, and Minister of Petroleum and Natural Gas, Hardeep Singh Puri.

On Monday, the Jammu and Kashmir government opened the union territory to the nation's real estate investors by inking 39 MoUs worth about Rs 19,000 crore for the advancement of housing, hotel and commercial projects.

Jammu and Kashmir Lieutenant Governor Manoj Sinha told the media that J&K would obtain around Rs 60 thousand crore of investment in the real estate sector very soon. These investments would have multiplier impacts on the Union Territory’s economy.

Sinha said that the investment offers of Rs 44 thousand crore with detailed project reports have been presented to the departments involved.

Image Source

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..