Kanodia Group to inject Rs 50+ billion into real estate by 2028
Real Estate

Kanodia Group to inject Rs 50+ billion into real estate by 2028

The Kanodia Group announced its entry into the real estate sector with plans to invest over Rs 50 billion by 2028. They expressed intentions to delve into both residential and commercial segments.

According to Gautam Kanodia, the co-founder of the company, they aimed to allocate this substantial sum towards acquiring and developing residential and commercial projects. He mentioned that their initial focus would be on projects in the NCR region, with aspirations to extend their real estate presence to other areas.

The group, which has been active in the cement industry for more than three decades, currently oversees operations in three plants located in Sikandrabad, Bulandshahar, Amethi (Uttar Pradesh), and one in Bihar. These plants collectively boast a total capacity of 4.2 million tonnes per annum.

Kanodia Cement, a subsidiary of the group, disclosed plans to establish two cement grinding units in Uttar Pradesh with a combined capacity of five million tonnes per annum.

The Kanodia Group announced its entry into the real estate sector with plans to invest over Rs 50 billion by 2028. They expressed intentions to delve into both residential and commercial segments. According to Gautam Kanodia, the co-founder of the company, they aimed to allocate this substantial sum towards acquiring and developing residential and commercial projects. He mentioned that their initial focus would be on projects in the NCR region, with aspirations to extend their real estate presence to other areas. The group, which has been active in the cement industry for more than three decades, currently oversees operations in three plants located in Sikandrabad, Bulandshahar, Amethi (Uttar Pradesh), and one in Bihar. These plants collectively boast a total capacity of 4.2 million tonnes per annum. Kanodia Cement, a subsidiary of the group, disclosed plans to establish two cement grinding units in Uttar Pradesh with a combined capacity of five million tonnes per annum.

Next Story
Infrastructure Transport

NF Railway Launches Girder on World’s Tallest Pier Bridge in Manipur

The Northeast Frontier Railway (NFR) has reached a significant engineering milestone by successfully completing the girder launch on the iconic Noney Bridge in Manipur.Regarded as an engineering marvel, the Noney Bridge is recognized as the world’s tallest railway pier bridge. It forms a crucial part of the 111 km long Jiribam-Imphal railway line project.Recently, the final span of the bridge was successfully erected, marking the completion of all eight spans of this monumental infrastructure venture.Kapinjal Kishore Sharma, Chief Public Relations Officer of NFR, stated that this accomplishm..

Next Story
Infrastructure Urban

Cube Highways Trust Reports Rs 34.53 Bn Total Income in FY25

Cube Highways Trust (Cube InvIT), managed by Cube Highways Fund Advisors, concluded its second financial year post-listing on a strong note by reporting a total consolidated income of Rs 34.53 billion for the financial year 2025, marking a 12.3 percent year-on-year (YoY) increase.According to the official media release, Cube InvIT posted a consolidated earnings before interest, tax, depreciation, and amortisation (EBITDA) of Rs 2,380 crore, reflecting a 21.7 percent YoY growth. During the year, traffic volumes increased by 6.2 percent, while the Asset Under Management (AUM) grew 25 percent to ..

Next Story
Infrastructure Transport

New Flyover to Ease Traffic on Hyderabad’s Busiest Road

To improve urban connectivity and reduce traffic congestion in the city, the Greater Hyderabad Municipal Corporation (GHMC) will undertake the construction of a two-lane unidirectional flyover at NFCL Junction in Banjara Hills, along with a two-lane unidirectional underpass and a three-lane unidirectional flyover at TV9 Junction, as part of the state government’s prestigious Hyderabad City Innovative and Transformative Infrastructure (H-CITI) programme.The NFCL Junction flyover will be a two-lane unidirectional structure extending from Banjara Hills Road No. 3 towards GVK Mall. It is planned..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?