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1.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


2.Embassy Services offers services to transform the traditional office landscape

Embassy Services directly handles the client so that they can customise services to meet client expectations.


3.World Bank submits master plan for projects of USD 300 million in Kolkata

As reported, the World Bank has submitted a conceptual ‘master plan’ for logistical infrastructure development in the metropolitan city of Kolkata – with projects worth USD 300 million.


4.DEDICATED ACHIEVER

India recently welcomed its deepest metro station! Under the strong leadership of Satya Narayan Kunwar, Deputy General Manager of Afcons Infrastructure and Project Manager of the Kolkata Metro project, the country’s deepest metro station at Howrah has been structurally completed in a record time of 17 months.


5.India’s first underwater train to soon be launched in Kolkata

India will soon have its first underwater train in Kolkata, as most of the work for the train project has been completed and the metro train services will start soon. The 16.6-km-long Kolkata East West Metro project, to be completed by 2021, will have the county's first underwater tunnel.


6.KMRC puts construction of corridor on hold, informs High Court

The Kolkata Metro Railway Corporation (KMRC) notified the Calcutta High Court that the construction it had undertaken on the East-West Metro corridor had been stopped due to the incident that took place where numerous houses in the central parts of the city were damaged during tunnel-boring work.


7.Pick-‘n’-carry: India’s highest selling crane

Innovations in the segment are strengthening the position of this unique product


8.India’s 12 cities have over 20 lakh vacant homes lying around

Mumbai alone has about 5 lakh vacant houses, followed by Delhi and Bengaluru at 3 lakh, Pune and Ahmedabad at 2 lakh, Jaipur at 1.2 lakh, Hyderabad at 1 lakh, Kolkata at 80,000, Bhopal and Gurugram at 75,000, Lucknow at 65,000 and Ghaziabad at 55,000, as per the Knight Frank report.


9.Massive developer consolidation in top nine cities

As a result, project share of the top 10 developers increases


10.Demand for housing to rise due to additional tax sops in the Budget

Housing sales fell 11 per cent in April-June 2019-20 across nine major cities to nearly 72,000 units