JCB plans to increase exports of India-made construction gear
JC Bamford (JCB) Excavators, one of the world's largest manufacturers of construction equipment like backhoe loaders and telescopic handlers, aims to increase exports from its India unit this year to 45% of its output, up from 10% five years ago, a top executive said.

Delhi govt, MCD, DDA asked to explain construction of housing project in Southern Ridge forest
The Delhi High Court has directed the state government, MCD and DDA to explain how permissions were granted for new constructions in the Southern Ridge forest area where a multi-storey housing project has already come up.

New supply of retail space in shopping malls to rise 43 pc by 2027 in top 7 cities: JLL India
New supply of retail real estate space is expected to rise 43 per cent across seven major cities by 2027 as developers are expanding their business amid strong revival post COVID pandemic, according to JLL India. Real estate consultant JLL India on Monday released its report 'India Retail: Evolving to a new dawn' that highlighted the operational retail real estate space in shopping malls stood at 89 million square feet.

Prestige Group looks to partner TDI in Lutyens' Delhi
New Delhi | Bengaluru: Bengaluru-based Prestige Group is in advanced negotiations with TDI Infratech to enter into a joint development agreement to develop a 5,100 square-yard residential property on Kasturba Gandhi Marg in Lutyens' Delhi, said people aware of the development.

New master plan to redefine Faridabad’s urban landscape
Faridabad, Delhi’s oldest and one of major satellite towns, is poised for a 360-degree makeover, which will boost the real estate sector’s prospects in the region in a big way.

59% buyers prefer mid-range & premium homes despite price rise: Survey
Despite rising property prices and interest rate hikes in the last one year and more, demand for mid-range and premium homes remains high. The ANAROCK Consumer Sentiment Survey (H1 2023) indicates that at least 59% of the 5218 survey participants will buy mid-range and premium homes (priced from Rs 45 lakh to Rs 1.5 crore). This is a 10% sentiment increase for homes in this budget category over the survey’s H1 2020 edition.

Bigger realtors gain ground
As small and unbranded players are moving out of the real estate market, bigger players are increasing their market share and sales.

IRB Infrastructure toll revenue collection grows 24% to Rs 417 cr in August
New Delhi: IRB Infrastructure Developers Ltd (IRB) on Monday said its revenue from toll collection grew 24 per cent to Rs 417.2 crore in August 2023.

IRB Infra Group clocks 28 per cent increase in toll collection, focus on big-ticket Nehru Outer Ring project
IRB Infrastructure Developers Ltd, a major player in the highway sector, has witnessed a significant growth in toll collection. The group has collectively reported toll revenue of Rs 417 crore for the period of August 2023. In comparison with last year, the August 2023 collection is 28 per cent higher.

Northeast Frontier Railway to come up with ‘blink detecting’ AI Driver Safety System! Know key features here
The Northeast Frontier Railway (NFR) is on the verge of revolutionizing train driver safety with its cutting-edge Railway Driver Assistance System (RDAS). This AI-based device is designed to monitor train drivers’ alertness levels by tracking blinking of their eyes. In this explainer, we delve into the details of RDAS and its potential to enhance safety on the rails.

Jharkhand’s first Vistadome-equipped Intercity Express ready for debut ride! Know arrival, departure time and full route
A senior railway official has announced the inauguration of Jharkhand’s first Intercity Express, featuring a Vistadome coach. The inauguration ceremony is scheduled for September 12. This new train service will operate between the New Giridih station and Ranchi, promising passengers a unique and scenic journey through natural beauty, including hills and dense forests.