Barclays Bank Plc, the British multinational universal bank, has finalized a long-term lease for a sea-view front office space spanning two floors in Mumbai’s upscale Worli area. The lease, extending …
News
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Real Estate
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In an announcement on January 30, the Municipal Corporation of Delhi (MCD) revealed an extension of the deadline for property owners in the capital to geotag their commercial and residential …
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Infrastructure News
Seismic Safety Boost for Mumbai-Ahmedabad Bullet Train Corridor: 28 Earthquake Detectors to be Installed
The National High Speed Rail Corporation (NHSRCL) announced on Monday its plans to install 28 seismometers along the Mumbai-Ahmedabad ‘bullet train’ corridor for enhanced safety. Utilizing the ‘Early Earthquake Detection …
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Roads & Highways
Minister Nitin Gadkari Launches Rs 2,367 Crore National Highway Projects in Madhya Pradesh
On Tuesday, Minister of Road Transport and Highways, Nitin Gadkari, inaugurated and laid the foundation stone for nine national highway projects in Madhya Pradesh’s Jabalpur district, with a total investment …
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The initial phase of the forthcoming international airport in Noida is projected to incur a cost of Rs 10,056 crore, with approximately Rs 7,100 crore already expended on its development, …
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Real Estate
Vigilance Probe Initiated into Alleged Irregularities in Rajiv Awas Yojana Housing Project
The vigilance court in Muvattupuzha has ordered an investigation into reported anomalies surrounding the construction of an apartment complex in Thuruthy under the Rajiv Awas Yojana in Fort Kochi, aimed …
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Real Estate
Eldeco Group Ventures into Luxury Holiday Homes: Unveils Plans for 80 Villas near Kasauli, Himachal Pradesh
In a strategic move to cater to the surging demand for high-end second homes, Delhi-based Eldeco Group has acquired a 30-acre land parcel near Kasauli, Himachal Pradesh. The real estate …
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KMV Projects has secured the position of the lowest bidder for the civil construction work of a new terminal building at Belagavi Airport. The current domestic terminal, managed by the …
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Infrastructure News
IRB Infrastructure Trust Secures Rs 1,720 Crore Arbitration Award for Highway Project
Yedeshi Aurangabad Tollway Ltd (YATL), a special purpose vehicle under IRB Infrastructure Trust, has been granted a significant arbitration award of Rs 1,720 crore for a highway project, as per …
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The government is considering significant changes to the consultant selection process for road and highway projects, with a focus on expediting project awards and improving quality. Sources reveal potential measures …