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1.Government-led reforms to boost hotels sector growth

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


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


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


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.


5.Government led reforms to boost hotels sector growth

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


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.


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.


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.


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.


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