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1.SG Highway six-laning gets Rs.8.67bn boost

In a boost to urban infrastructure development in Ahmedabad, finance minister Nitin Patel has announced an allocation of Rs 8.67 bn for the six-laning of the Sarkhej-Gandhinagar Highway.


2.Mumbai's Bandra-Versova sea link to cost Rs.70 bn

Mumbai will soon be home to its second sea-link, connecting Bandra and Versova.


3.Haryana rail corridor proposal gets approval

The board of directors of Haryana Rail Infrastructure Development Corp (HRIDC) has approved the DPR of the Haryana Orbital Rail Corridor Project, a new double rail line of about 130 km from Palwal to Sonipat.


4.Rs.100-bn fund Chennai firm on an airport-building mission

With the Centre’s strong push for infrastructure creation, Chennai-based Taking Off to the Future (TOFL) plans to develop private airports, both greenfield and brownfield.


5.Tata Realty to ramp up commercial realty portfolio

Tata Realty and Infrastructure will ramp up its commercial real estate portfolio to create a balanced project mix between residential and commercial.


6.Hines & Conscient to develop luxury residential project

International real estate firm Hines and Conscient Infrastructure has commenced development work on internationally-designed premium residential space at Golf Course Extn Road, in Sector-59, Gurugram.


7.Infrastructure push to support cement volume

Cement stocks have corrected about 10-15 per cent from their recent peaks in May over concerns around pricing roll-back in June and demand moderation following the elections.


8.Foundation stone for industrial projects

Lucknow recently hosted a two-day second groundbreaking ceremony of industrial projects worth Rs 700 bn for Uttar Pradesh


9.India needs to double infrastructure spending

India needs to almost double its annual spending on infrastructure at $200 bn, and the real challenge lies in harnessing private investment.


10.BIG BUYER

Led by its Chief Executive J Subramanian, IndInfravit has acquired nine operational road assets of Sadbhav Infrastructure Projects at a whopping Rs.66.10 billion.