Nitin Gadkari Approves Rs 1,170 Crore Budget for Ladakh Road Projects
In a significant development, Nitin Gadkari, the Minister of Road Transport and Highways, has given the green light for an allocation of Rs 1,170.16 crore dedicated to 29 road projects in the Union Territory of Ladakh. These projects encompass a…
Real Estate Experts Foresee a 10% Surge in Property Prices for 2024
The Indian real estate sector experienced a notable revival in 2023, with the mid-segment and luxury-segment leading the way. Data from Anarock indicates that approximately 4,76,530 units were sold in 2023 across the top seven cities, marking a significant increase…
Greater Noida Authority Announces 12% Hike in Industrial Plot Rates Due to Land Allotment Process Change
The Greater Noida Industrial Development Authority (GNIDA) has decided to raise the rates of industrial plots by 12%, impacting individuals and businesses intending to establish industries in Greater Noida. The decision, approved during a recent GNIDA board meeting chaired by…
Maharashtra Government Reverses Course on Affordable Housing in Special Development Zones
In a recent move, the Maharashtra government has revoked plans for affordable housing in No-Development Zones (NDZs), now referred to as Special Development Zones (SDZs). The state issued a notification reintroducing the low floor space index of 0.025 for NDZs…
Government Integrates Swachh Bharat Mission 2.0 with Road Construction, Allowing the Use of Solid Waste in Highway Building
The government has announced a strategic link between road construction and Swachh Bharat Mission 2.0, facilitating the incorporation of inert material from solid waste into embankments along national highways. The Ministry of Road Transport and Highways, following successful pilot projects,…
AIIB to Lead Rs 2,500 Crore Funding Round in Mahindra-OTPP’s Green InvIT for Sustainable Energy Infra Trust
The Sustainable Energy Infra Trust, an infrastructure investment trust (InvIT) supported by the Mahindra Group and backed by an Asian Infrastructure Investment Bank (AIIB)-led funding round, is set to raise Rs 2,500 crore. AIIB will act as the anchor investor,…
Phoenix Bridge Unveiled: Holcim’s Breakthrough in Sustainable 3D Concrete Printing
Holcim, a leading 3D concrete printing company, has unveiled the Phoenix bridge, a compelling successor to the award-winning ‘Striatus’ showcased at the 2021 Venice Biennale of Architecture. Collaborating with esteemed partners such as the Block Research Group at ETH Zurich,…
Jacketing in Construction: Explore Benefits, Advantages & Types of Jacketing
Jacketing in Construction stands as a pivotal method in structural retrofitting and strengthening, aiming to enhance bearing load capacity post structural modifications or to restore integrity following a structural failure. This technique is primarily applied to vertical surfaces such as…
Ayodhya Dham Railway Station, Inaugurated by PM Modi, Boasts Country’s Largest Concourse and Unique Temple-Inspired Design
The Ayodhya Dham railway station, set to be inaugurated by Prime Minister Narendra Modi on December 30, is a remarkable blend of modern solutions and traditional Indian temple architecture aesthetics. With an estimated project cost of Rs 430 crore, the…
Assocham Predicts India to Sustain Fastest-Growing Major Economy Status in 2024
India is anticipated to maintain its position as the world’s fastest-growing major economy in 2024, driven by robust consumer demand leading to increased investments across various sectors, including construction, hospitality, and infrastructure, encompassing railways and aviation, according to a statement…