Kerala Infra Fund Board approves Rs.21.345 bn for a tunnel project
ROADS & HIGHWAYS

Kerala Infra Fund Board approves Rs.21.345 bn for a tunnel project

Kerala Infrastructure Investment Fund Board (KIIFB) has approved the allotment of Rs.21.345 bn for the tunnel road project, an alternative to the busy Thamarassery Ghat Pass that would link Kozhikode and Wayanad districts. As per reports, the state government provided the administrative sanctio...

Kerala Infrastructure Investment Fund Board (KIIFB) has approved the allotment of Rs.21.345 bn for the tunnel road project, an alternative to the busy Thamarassery Ghat Pass that would link Kozhikode and Wayanad districts. As per reports, the state government provided the administrative sanction for Rs.6.58 bn for the proposed road on the Anakkampoyil- Kalladi-Meppadi route. The project will not only help the districts of Kozhikode and Wayanad but also Kannur and Malappuram. The distance from Kozhikode to Wayanad will be decreased to 54 km from the existing 85 km.Contact: Kerala Infrastructure Investment Fund Board. Website: www.kiifb.org

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement