Construction Xperts

Experts in Construction & Civil Industry

Month: February 2023

PM Modi inaugurates redeveloped Belagavi Railway Station

The Prime Minister of India inaugurated the newly-rebuilt Belagavi railway station and dedicated it to the nation at a ceremony in Shivamogga. The project, which is estimated to have cost around Rs.190 Cr, will provide world-class facilities to the passengers….

Sajjan Jindal bags ‘Entrepreneur of the Year 2022’ title

Sajjan Jindal, Chairman and Managing Director, JSW Group was on Thursday named the EY Entrepreneur of the Year 2022 and will now represent India at the EY World Entrepreneur of the Year Award (WEOY) at Monte Carlo in June 2023….

Cement cost set for 3rd straight year of growth

The heavy infrastructure push in the budget will help cement demand log in the third consecutive year of growth next fiscal, taking the volume to 425 million tonne or 7-9 per cent more than the current fiscal, forecasts a report….

ABB India to invest Rs 1,000 cr in country

Electrification and automation company ABB India is lining up investments for both organic and inorganic growth in the country.  Sanjeev Sharma, managing director and country head, ABB India, said the company will invest Rs 1,000 crore in the country for…

Ireda to set up office in Gujarat’s GIFT City to finance renewable energy projects

State-owned Indian Renewable Energy Development Agency (Ireda) plans to set up an office in Gujarat’s GIFT City to finance Renewable Energy projects in foreign currency. The office at GIFT City, Gandhinagar, will be classified as an overseas office, allowing Ireda…

NBCC sets March 2025 date to complete Amrapali projects in Noida & Greater Noida

Government-owned National Building Construction Corporation (NBCC) has completed 7,100 of the 38,159 houses in the erstwhile Amrapali projects in Noida and Greater Noida, which were stuck for years. Sources said completing the remaining houses would require nearly over Rs 5,000…

Occupiers & developers step up towards net-zero journey

Colliers, in partnership with RICS and Australia-India Council participated in a 3-part series of events, around the theme of embodied carbon in built environment and solutions that can enable change. The series aimed at fostering enhanced alliances between Australia and…

Indian Railways; Mega projects for developing world-class stations underway

Indian Railways has taken the initiative to modernise its infrastructure across the country and in line with this step, the transformation of major railway stations has already started. In order to put the railway stations in India on the map of…

Google leases 1-lakh-sq-ft flexible office space in Pune’s Mundhwa

Google has picked up nearly 1 lakh sq ft office space in managed and flexible office space provider Smartworks’ coworking center in Pune’s Mundhwa locality for a total tenure of over 36 months, said persons with direct knowledge of the…

Repo Rate Hike by RBI: Developers Expect Stability

The Reserve Bank of India (RBI) has announced a repo rate hike of 25 basis points taking the total interest rate to 6.5%. The RBI’s decision to raise the rate was driven by concerns about inflation. However, the developers feel…