To promote ease of doing business, capital markets regulator Sebi on Wednesday decided to standardise the framework for calculation of available net distributable cash flows by REITs, InvITs and their …
News
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Real Estate
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Real Estate
Mumbai-Based Man Infraconstruction Ventures into Uncharted Territory with India’s Tallest Building
In a bold move, Mumbai-based company Man Infraconstruction (MICL) is undertaking a monumental endeavor — the construction of India’s tallest building, standing at an impressive 312 meters with 81 floors. …
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Real Estate
Private Capital to Drive Asia-Pacific Commercial Real Estate Growth: Knight Frank Report
Private capital is anticipated to play a pivotal role in shaping the future of the Asia-Pacific commercial real estate market, as outlined in Knight Frank’s New Horizon Outlook 2024 Part …
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The National Highways Authority of India (NHAI) has reported the collection of Rs 53,536.48 crore in toll fees through FASTag on national highways from the fiscal year 2020-21 until November …
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Infrastructure News
Noida International Airport: Long-Term Vision for Rapid Rail Connectivity Approved, Targeting 2041 Completion
The Uttar Pradesh government has granted approval for a rapid rail corridor to connect the Noida International Airport (NIA) with Delhi and other parts of the National Capital Region (NCR). …
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The Union government-owned V O Chidambaranar Port Authority, situated in Tamil Nadu’s Thoothukudi district, has received approval from the Public-Private-Partnership Appraisal Committee (PPPAC) to embark on the construction of a …
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JCB, a prominent off-road and construction equipment company, marked a significant milestone with the global debut of its £100 million (Rs 1,019 crore) project in India. The initiative, unveiled by …
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In a significant move, the Kerala government has earmarked Rs 378.57 crore for the construction of the second phase of the Kochi Metro Rail project. The allocated funds will facilitate …
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Infrastructure News
J Kumar Infraprojects Secures Rs 378.7 Crore Construction Order for Vital Mumbai Flyover
In a significant development, J Kumar Infraprojects Ltd has successfully secured a construction order worth Rs 378.7 crore. The project entails the design and construction of a crucial flyover known …
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Real Estate
Government’s Approval of 342 Proposals Signals Revival for Stalled Real Estate Projects and Homebuyers
As of November 16, 2023, the Indian government has given the go-ahead to 342 proposals under the Special Window for Completion of Affordable and Mid-Income Housing (SWAMIH) investment fund. This …