Shree KB Realty Buys Rs 1.22bn Plot In Greater Noida

12 Jan 2026 CW Team

Shree KB Realty has acquired a nearly 3-acre land parcel in Greater Noida for Rs 1.22 billion through an auction process to develop a commercial project.

In a statement issued on Thursday, the company said it purchased a plot measuring about 12,000 sq metres, or 2.97 acres, with the transaction value including lease rent and stamp duty charges. The land parcel, located in Greater Noida West, was allotted through an auction conducted by the Greater Noida Authority.

Rakesh Singhal, Founder of Shree KB Group, said the company plans to develop a commercial project with a built-up area of around 0.85 million sq ft on the site. He added that demand for commercial real estate in Greater Noida has remained strong, supported by the completion of several large residential developments in the region.

Established in 2005, Noida-based Shree KB Realty has developed multiple residential and commercial projects across the Delhi-NCR region. The company has delivered more than 0.55 million sq ft of premium residential and commercial space to date.

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..