Amazon India to Invest Rs 20 Bn in Operations in 2025

Ashoka Buildcon Secures Rs 5.62 Billion Guyana Road Contract

Ashoka Buildcon Ltd has formally signed a contract with the Government of Guyana for Phase 2 of the East Bank–East Coast Road Linkage Project, covering the stretch from Eccles to Providence. The international contract is valued at USD 67.25 million, equivalent to approximately Rs 5.62 billion, and will be executed within 18 months.The company had earlier received the Letter of Acceptance (LoA) from Guyana’s Public Works Department on 18 June 2025. This development marks a key overseas order win for Ashoka Buildcon, reinforcing its presence in international road and infrastructure markets.T..

GMADA Nets Rs 1.36 Billion From Auction of 17 Properties

The Greater Mohali Area Development Authority (GMADA) managed to sell just 17 out of 72 residential and commercial properties listed in its latest auction, generating Rs 1.36 billion in revenue. A standout transaction was a 4.02-acre school site in Ecocity-2, which fetched Rs 590 million against a reserve price of Rs 579 million. The winning bid came from Blue Wing Education Society.Two 500-square-yard residential plots in Sector 82, Alpha Block-B, IT City, were each sold for Rs 68.7 million—well above the reserve price of Rs 63.5 million. A 300-square-yard plot in Block-A of Ecocity-1 also ..

Noida Adopts Mumbai Model to Redevelop Ageing EWS Flats

In a strategic bid to revitalise central urban areas and address long-pending housing backlogs, the Noida Authority has approved a new redevelopment policy modelled on Mumbai’s successful approach. The policy will involve the demolition of ageing economically weaker section (EWS) flats and the construction of modern, larger homes, while unlocking additional Floor Area Ratio (FAR) for developers to build saleable units.“We have identified four to five dilapidated buildings. When these were constructed, the FAR was 1.5; it now stands at 3.5,” said an official from the Noida Authority. Requ..