Sobha To Invest Rs 8 Billion In Greater Noida Luxury Towers

02 Jul 2025 CW Team

Bengaluru based developer Sobha Ltd will invest about Rs 8 billion in a new luxury residential scheme in Greater Noida, expanding its footprint in the Delhi NCR market.

Branded Sobha Aurum, the project comprises two towers of more than 45 storeys and 420 premium flats in Sector 36. Prices start at Rs 11.2 million for a one bedroom home, rising to Rs 34.8 million for a four bedroom unit. Select apartments feature private terraces and corner balconies.

Sobha acquired the 3.46 acre plot for roughly Rs 1.6 billion at auction and expects total development outlay to reach about Rs 8 billion. With a build potential of 0.93 million sq ft, the scheme already holds all statutory approvals.

More than 2.5 acres will remain as landscaped open space, including a 15,072 sq ft clubhouse, lap and leisure pools, a children’s play area, a multi sport court and an exhibition lawn.

The company’s Managing Director, Jagadish Nangineni, said entering Greater Noida “marks a significant new chapter” and will set a fresh benchmark for luxury living in the region. Sobha previously delivered Sobha International City on the Dwarka Expressway in Gurugram; Aurum is its first Greater Noida venture and fifth project in Delhi NCR.

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..