Odisha govt expects ₹10,000 crore investment in Jindal Industrial Park
Mumbai: Odisha government expects ₹10,000 crore investment over 5-10 years in the stainless park being developed by Jindal Stainless on 300 acres for the downstream industry.

Indian real estate sector is witnessing a resilient comeback post Covid-19: Ashish Khandelia, Founder, Certus Capital
The private credit market in India has gained popularity in recent years, says Ashish Khandelia, founder of Certus Capital, with significant growth following the IL&FS crisis in 2018. Foreign institutional investors initially filled the liquidity gap in the market, but domestic fund managers, family offices, and high-net-worth individuals have also become active participants in private credit investments. Over the last few years, the market has seen over $15 billion in private credit transactions, with real estate being a significant portion of it.

Realty firm Signature Global unveils ₹730 crore IPO
Real estate company Signature Global (India) Ltd. has announced to tap the capital market with a public issue of its equity shares on Wednesday, September 20, 2023 and set the price band for the issue at ₹366 to ₹385 per equity share of face value of ₹1.

Riveting interior designs to transfigure luxury real estate’s aesthetic appeal: Karishma Trehan
Interior design has experienced significant growth and mainstream acceptance in recent years. The demand for professional interior design services continues to rise, and the industry is poised for further expansion as people increasingly prioritize well-designed living and working spaces, says Karishma Trehan, Director, Karishma Trehan Designs.

Gurgaon’s tallest troubled luxury project back on track
In a remarkable turnaround story, Tulip Infratech, a real estate company headquartered in Gurgaon, has been making headlines for its exceptional progress on the transformative Tulip Monsella project, known as one of the tallest residential projects in the millennium city.

Rising yields drive fractional ownership in premium holiday properties
Fractional ownership in premium and luxury holiday properties is growing at a fast clip on the back of double-digit yields. Industry experts say that the demand for such properties has risen sharply in the post-pandemic era.

WiseX teams up with Integrow for real estate portfolio management services
Bengaluru: Neo-realty investment platform WiseX has partnered with Integrow Asset Management to introduce India’s first sector-specific real estate portfolio management services (PMS).

Dwarka Expressway corridor could become NCR's Manhattan

The Dwarka Expressway corridor may soon boast of some of the tallest buildings in the National Capital Region, as the Haryana government is granting an extra floor area ratio (FAR) to promote real estate development along the under-construction expressway.

Price hikes in East to benefit select cement makers in Q2FY24
The September quarter (Q2FY24) tends to be seasonally weak for the cement sector as construction activities take a backseat due to the monsoon. Even so, this time, cement manufacturers in some regions have managed to hike prices. In fact, dealers channel checks by brokerages show that in east India, companies have announced two rounds of price increases in September.

ACC commences commercial production of clinker at its Ametha Cement Plant in Madhya Pradesh
Adani Group-owned ACC Limited on Thursday announced that it has commenced the commercial production of Clinker at its new Ametha Cement Plant in Katni district of Madhya Pradesh. “This historic event marks a significant stride in Adani Group’s unwavering commitment to growth,” the company said in a regulatory filing. 

Cement prices up for the 2nd time this month in eastern India

Cement prices have been raised for the second time this month in eastern parts of India while remaining steady in central, northern and southern parts of the country, dealers said.

In a major push to roadways, Yamuna Expressway Authority approves Master Plan 2041
The Yamuna Expressway and Industrial Development Authority (YEIDA) have given their approval to the draft master plan for the year 2041 during their 78th board meeting. 

Union Minister Nitin Gadkari unveils vision for country’s first ‘economically viable’ electric highway
The Union Road Transport and Highways Minister Nitin Gadkari on Wednesday (September 13) said that the government is working on developing electric highways as it is economically viable. The minister had earlier informed that constructing nation’s first electric highway between Delhi and Jaipur is his dream.

PM Gati Shakti: Six transport projects worth Rs 14000-cr gets nod
The Network Planning Group of the PM Gati Shakti Master Plan on Thursday approved six highway and railway projects involving an investment of Rs 14000 crore for meeting the objectives of the plan.

Highways ministry scales down spending target
As the pace of highway construction has slackened, the Ministry of Road Transport and Highways has scaled down the pace of capital expenditure and is now aiming to spend 80% of its budget outlay by December as against 91% it had targeted earlier.

PM Modi to announce rail projects worth over Rs 6,300 crore in Chhattisgarh today
Prime Minister Narendra Modi will dedicate important rail projects worth around Rs 6,350 crore to Chhattisgarh on Thursday. The projects will provide a boost to socio-economic development in the region by facilitating movement of passengers as well as freight traffic.

Indian Railways revises stoppage points of Shraddha Sethu Express; train to also stop at two new stations in Tamil Nadu
Good news for rail passengers! Southern Railways has decided to revise the stoppages of Shraddha Sethu Superfast Express, which is a weekly train that runs between Mandapam in Tamil Nadu and Ayodhya Cantt in Uttar Pradesh. 

Odisha’s Jajpur Keonjhar Road-Dhamra Port rail line gets green light for Final Location Survey – Know its cost, significance and other details
Good news for people of Odisha! The much-awaited Jajpur Keonjhar Road-Dhamra Port rail line project has received the sanction of the Ministry of Railways for conducting the Final Location Survey (FLS). This new rail line project falls under the administrative jurisdiction of East Coast Railway’s (ECoR) Khurda Division.