STLL to invest Rs 2 bn in Bilaspur Mixed-Use Township Development

16 Aug 2023 CW Team

Sindhu Trade Links (STLL), a company specialising in providing a range of essential services for mining, logistics, transportation, and related activities, has announced its commitment to invest Rs 2 billion in establishing a diverse mixed-use township in Bilaspur, Chhattisgarh. The anticipated revenue potential from this endeavour is estimated to be around Rs 5.5 billion.

Bilaspur is among the selected Indian cities designated for transformation into smart cities through the Smart Cities Mission initiative. The proposed township will span approximately 53 acres, of which the company currently possesses approximately 47 acres of land and has partnered with other entities for an additional 16 acres.

The venture encompasses a blend of residential plotted development, residential group housing, and a retail shopping mall. The entire site offers development prospects totalling 1.5 million sq ft. There is also potential for growth in built-up villas and apartment sales during subsequent phases, in contrast to the initial focus on plotted land sales.

STLL is fully prepared to commence work on this ambitious project within the on-going fiscal year of 2023-24. The official launch of the project is projected to take place in the fourth quarter of this fiscal year, and STLL anticipates generating revenue starting from the subsequent financial year.

Plans for development are in the final stages of preparation and will soon be presented for official approval. The company has successfully obtained a Colonizer License and completed site demarcation. Additionally, STLL is diligently working towards securing the necessary approvals and No Objection Certificates (NOCs) from various government departments.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..