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Infra

Railways will expeditiously complete the evaluation and decide the bids, the ministry said.

Railways gets Rs 7,200 cr PPP bids for private passenger trains

Jul 23, 2021

Bids from private and public sectors to operate 29 pairs of trains with around 40 modern rakes entailing an investment of around Rs 7,200 crore have been received.

The government has allowed EPFO to invest in category 1 and 2 segments of alternate investment funds.

EPFO likely to deploy part of its corpus in InvITs

Jul 12, 2021

The move to invest in InvITs will expand EPFO's options as it currently invests only in bonds, government securities, and exchange-traded funds.

Alpha Corp expects around Rs 300-350 crore collections from existing buyers.

Alpha Corp to invest Rs 900 cr to complete 3 stalled projects of Earth Infrastructure

Jul 11, 2021

The three projects, comprising developable and saleable area of around 4.5 million sq ft, are located in Gurugram and Greater Noida.

Housing sales in India fell by 23 per cent during April-June

Housing sales fall 23% in April-June across Delhi-NCR, Mumbai, 5 other cities: JLL India

Jul 05, 2021

In its latest report, real estate consultant JLL India said that sales of residential properties stood at 19,635 units during April-June period of this calendar year

Work at Panna is delayed because of the pandemic and is now expected to be completed in 2022

JK Cement expects 10% revenue growth in FY22

Jul 04, 2021

The company expects its expansion project at Panna, Madhya Pradesh to be completed in the next financial year, after which it would have a manufacturing capacity of nearly 20 MTPA.

 The total project cost of the township 'Emami Aastha' is estimated to be about Rs 300 crore

Emami Realty to develop 40-acre township worth Rs 300 crore in Kolkata

Jun 30, 2021

"We are planning to launch a premium bungalow township. We had an old land bank in the city and now we are going to monetise these land banks," Emami Realty MD and CEO Nitesh Kumar said

The minimum application value will be in the range of Rs 10,000-15,000 and trading lot will be of one unit for real estate investment trusts (REITs), Sebi said

Realty firms hail Sebi's decision to cut minimum subscription amount for REITs

Jun 30, 2021

Embassy REIT Chief Executive Officer Michael Holland said, "We commend this proactive initiative by the regulator to reduce the trading lots of both REITs and InVITs (infrastructure investment trusts)"

 "National highways offer real estate development opportunities across India with 15 percent upward returns," JLL India said

Real estate development along national highways can generate over 15% returns: JLL India

Jun 30, 2021

The consultant said there is a need for the development of commercial spaces, warehouses, and logistic parks, traveller facilities including wayside amenities along the highway

The company is launching 525 plots for sale in this township project, located at Bhasa, near Joka in Kolkata

Emami Realty to develop 40-acre township in Kolkata for Rs 300 cr

Jun 29, 2021

We are planning to launch a premium bungalow township. We had an old land bank in the city and now we are going to monetise these land banks, told Emami Realty MD and CEO Nitesh Kumar

The expenditure incurred on these projects till May 2021 is Rs 13,30,533.53 crore

478 infra projects hit with cost overruns worth Rs 4.4 lakh crore

Jun 27, 2021

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,768 such projects, 478 reported cost overruns and 525 were delayed

Beijing bagged the top spot in the list followed by Shanghai, Bengaluru, Shenzhen, and Singapore

Bengaluru among top 5 tech centres in Asia Pacific, says report

Jun 25, 2021

Beijing bagged the top spot in the list followed by Shanghai, Bengaluru, Shenzhen, and Singapore, according to a report by Colliers