1.Government-led reforms to boost hotels sector growth

Nine out of the top 11 markets witness a rise in RevPAR performance

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2.Bounce India with Knight Frank to launch its first trampoline theme park

Bounce India plans to expand its business across India by opening six to seven more centres

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3.JSW Steel supplies high-quality TMT Rebars for metro-rail projects

Metro-rail construction to boost JSW Steel’s supplies by over Rs 6 billion in FY20

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4.Rs.14.31 bn for Ahmedabad projects

The Ahmedabad Urban Development Authority has increased its investment on the city’s infrastructure projects to `14.31 bn for the development of new houses, bridges, roads and drainage lines.

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5.Government led reforms to boost hotels sector growth

Reduction in GST for premium and luxury hotels and significant cut in corporate tax.

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6.NHRCL expedites works for upcoming Mumbai-Ahmedabad Bullet train project

The National High Speed Rail Corporation (NHRCL) has set the ball rolling on fast-tracking the pre-construction work of the Mumbai-Ahmedabad Bullet train that stretches across 508 km. The High-Speed-Rail (HSR) line is estimated to cost Rs 1.08 trillion and will be expected to become functional by 2023 following the boost in construction.

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7.NHSRCL floats third tender for bullet train project

National High Speed Rail Corporation (NHSRCL) has floated the third tender for the government's ambitious Mumbai-Ahmedabad bullet train project, with the invitation of bids for construction of civil and building works between Vadodara and Ahmedabad.

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8.SMART PROJECTS

The upcoming Smart Urbanation by Smart Cities Council India, scheduled to be held in Bengaluru on September 24-25, will recognise and award highest citizen benefitting projects in the country. CW presents select best entries in various categories.

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9.Proposal approved for 11 subways in Ahmedabad

The work on gauge conversion along the Ahmedabad-Botad route is on. Ahmedabad will get 11 new underpasses at railway crossings between Sabarmati and Sarkhej.

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10.Logistics leasing crossed 13 mn sq ft in H1 2019; records 31per cent growth YoY

Logistics leasing in the country has recorded a growth of 31 per cent on a yearly basis, crossing 13 million sq ft, as per a CBRE South Asia report titled ‘India Industrial and Logistics Market View, H1 2019’. Mumbai, Chennai and Bengaluru accounted for more than 60 per cent of the leasing activity

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