Parsvnath Developers Expands With La Tropicana Housing Project

17 Sep 2025 CW Team

Parsvnath Developers Limited, one of India’s leading real estate and infrastructure companies, is developing, through its wholly owned subsidiary Parsvnath Landmark Developers Private Limited, a group housing project called Parsvnath La Tropicana.

The project spans 16.82 acres in a prime location on Magazine Road, Civil Lines, Delhi, with seamless connectivity to essential amenities and major commercial and residential centres. It comprises a total of 505 flats, of which fit-outs for 353 flats have already been offered.

Phase I includes 7 towers with 169 flats, while Phase II consists of 9 towers with 180 flats, bringing the total to 349 flats across both phases. Fit-outs for all Phase I flats and most of the Phase II flats have already been offered.

Phase III comprises 5 towers with 156 flats. Fit-outs for one tower containing 22 flats have been offered, and construction of the remaining four towers is progressing rapidly. The fit-outs for these are expected to be offered within the calendar year 2025.

The project’s Phase I towers received the Fire Safety Certificate from the Department of Delhi Fire Services on 9 September 2025.

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..