KDA to acquire 25 hectares of land for new Kanpur city project

23 Nov 2022 CW Team

The New Kanpur City scheme is a gift that the Kanpur Development Authority (KDA) may offer to Kanpur residents. The proposed plan runs from Mainawati Marg through Singhpur and Kalyanpur.

The first phase of the 70 hectare proposed scheme has a plan by KDA, and its land has been identified. The KDA owns 45 hectares of the land, and the remaining 25 hectares will be purchased from farmers who have already given their permission.

Farmers would receive a fourfold price for their land once the cost of the land was determined, which has not yet been determined.

The price of the land was being discussed with the district administration, according to special officer Avnish Singh. Once it was decided, KDA would buy the final 25 hectares of land and then introduce the plan in the following year.

According to Singh, the first sector of the plan is being proposed in the cities of Gangapur, Chakbanda, Singhpur, Kachar, Bairi Akbarpur, Hindupur, and Sambalpur.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..