Top Indian Infrastructure Industry News & Updates - 15 May 2023,Monday
🏢 Industry & SEZ
📝 India a priority market in Asia for Mubadala: Khaled Abdulla Al Qubaisi
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🏗 Construction
📝 JSW Infrastructure to invest Rs 152 crore to increase container capacity at NMPT
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🏘 Real Estate
📝 ‘60% of our investors are repeat investors’CEO of ASK Property Fund
📝 DLF to launch projects worth nearly Rs 20K cr this fiscal; targets sale bookings of Rs 12K cr
📝 Godrej Properties on land-buying spree for housing projects; to acquire Rs 15k-cr projects in FY24
📝 SEBI’s realty fractional ownership regulation to institutionalise asset class, attract more capital
📝 Housing sales in FY23 up 48% to Rs 3.47 lakh crore driven by higher volumes and prices
📝 India’s real estate market a hotspot for foreign investors
📝 Land parcels sell out quickly
📝 Ganesh Housing buys Out Monsoon Cap’s stake in arm for ₹321 cr
📝 Combined value of home sales cross Rs 10,000 crore in Calcutta during FY23
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⚙ Equipment
📝 ELGI Sauer Compressors sets up new manufacturing unit to produce high pressure compressors
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🚙 Roads & Highways
📝 NHAI’s debt service cost to cross Rs 50,000 crore in FY28
📝 IL&FS transfers Pune Sholapur Road asset to Invit at enterprise value of Rs 2,000 crore
📝 Varanasi e-way promises road trip from Delhi to Kolkata in just 17 hours
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🚃 Railways
📝 Ramkrishna-Titagarh consortium scouting for 'optimal' sites for train wheel plant
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🚢 Ports
📝 JSW Infra to invest ₹152 crore for capacity expansion of New Mangalore Container Terminal
📝 Cochin Port Authority to sail along with cruise industry
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