Centre Clears Rs 83.1 Billion Odisha Ring Road Project

India’s InvIT Market Set to Triple, Hitting $258 Bn by 2030

India’s Infrastructure Investment Trusts (InvITs) are on track for exponential growth, with Assets Under Management (AUM) projected to surge 3.5x from $73 billion in FY 2025 to $258 billion by 2030, according to Knight Frank India’s latest report. This positions India as one of Asia’s fastest-growing infrastructure investment destinations and a key magnet for global capital.Currently, India has five listed Real Estate Investment Trusts (REITs) and seventeen listed InvITs, together accounting for a combined market capitalisation of $33.2 billion. While REITs continue to build momentum, In..

Affordable Housing Supply Shrinks to 12% in H1 2025

India’s affordable housing sector is under mounting pressure as construction costs have surged 40 per cent in the last five years (2019–2024), according to the latest ANAROCK Research data. The steep rise has slashed the share of new affordable housing launches to just 12 per cent in H1 2025, down from 40 per cent in 2019, while sales share has plunged from 38 per cent to 18 per cent over the same period.Escalating Costs Driving the CrisisBetween October 2021 and October 2024, construction costs for Grade A residential projects in tier-1 cities rose from Rs 2,200/sq ft to Rs 2,800/sq ft �..

SPML Infra Wins Rs 10.73 Bn Water Supply Project in Indore under AMRUT 2.0

SPML Infra, a leading Indian water infrastructure development company, has secured a Rs 10.73 billion contract from the Indore Municipal Corporation for the augmentation of the city’s water supply system under the AMRUT 2.0 programme. The project also includes a 10-year Operation & Maintenance (O&M) contract, ensuring long-term sustainability and performance. The project aims to significantly upgrade Indore’s water infrastructure, providing reliable access to safe drinking water for over 2 million citizens.Key Scope of WorkIntake & Pumping: Construction of a 1,650 MLD raw ..