Top Indian Infrastructure Industry News & Updates - 09 May 2023,Tuesday

🏢 Industry & SEZ

📝  Home buyers likely to get some relief from insolvency proceedings

🏘 Real Estate

📝  Allianz-Shapoorji looks to exit Hyderabad's IT SEZ Waverock for Rs 2,000 cr
📝  Birla Estates acquires 28.6-acre land in Bengaluru for housing project; eyes Rs 3,000 cr revenue
📝  Luxury housing segment sales up by ~151% in March quarter, growth momentum to continue, says CBRE
📝  How are integrated townships redefining the concept of luxury living?
📝  MahaRERA issues notices to 584 developers for non-update of quarterly information
📝  IRB InvIT Fund’s profit jumps over 13% to ₹401 crore in FY23
📝  ASK raises ₹1,500 crore from latest fund offering
📝  87 real estate deals signed for 1862 acres of land in FY23 across India
📝  Hyderabad sees about 800% growth in luxury residential segment in Q1 of 2023

🚙 Roads & Highways

📝  Nitin Gadkari shares update on Delhi-Mumbai Expressway, to fully open soon

🚃 Railways

📝  Indian Railways to earmark Rs 13,000 cr for stations upgrade in FY24; Plans to redevelop nearly 1,300 railway stations under Amrit Bharat scheme
📝  Another Vande Bharat Express for Uttar Pradesh! Indian Railways to introduce semi-high speed trains on THIS route
📝  INTACH seeks national heritage tag for Odisha’s first railway station
📝  4 stations to be developed along Mumbai-Ahmedabad rail corridor

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