Adani, GMR and Fairfax in pre-bid process to develop Puri airport
Fairfax, Adani Group and GMR have expressed interest in developing the ₹2,203-crore greenfield airport near Sipasarubali in Puri. The tender for a public-private partnership (PPP) was floated by the Odisha Industrial Infrastructure Development Corporation (IDCO) in February, this year.

InvestoXpert facilitates Rs 2050-cr property sales in FY23-24, targets Rs 4000-cr sales in FY24-25
Realty consultant InvestoXpert has facilitated property sales amounting to Rs 2050 crore during the fiscal year 2023-24 as against Rs 1050-crore sales in 2022-23, showcasing a 95% year-on-year growth compared to the previous fiscal year.

Sumadhura Group acquires 40 acres of land in Bengaluru to strengthen its residential portfolio
In the midst of a significant upswing in Bengaluru’s real estate market, Sumadhura Group, a leading developer in southern India, has acquired 40 acres of land in the city, setting the stage for a revenue potential of up to Rs 6000-crore residential project pipeline to cater to the burgeoning demand for housing units in Bengaluru.

Dwarka Expressway: Unlocking the future of real estate investment
Dwarka Expressway, the 18-km-long infrastructure marvel, is promptly emerging as a growth corridor boasting immense potential. Other than its 16-lane surface, Dwarka Expressway stands as a marvellous infrastructure project with promising investment plans for the future. According to industry experts, the investment boom along the corridor has already started and is slated to offer beneficial investment returns as the development flourishes.

Indian housing market outlook bullish, consumer sentiments positive: Report
Consumers sentiments in India's housing market remain positive despite a rise in prices, according to realty portal Magicbricks.

Macrotech Developers aims 21% growth in pre-sales to Rs 17,500 cr in FY25
 

Single-owned office assets attract premium rents versus strata-owned
Traditionally India’s office space is dominated by office buildings that are strata-owned, leading to poorly managed office spaces, but that is changing as developers with deep pockets or backed by institutional money are constructing offices that have single ownership.

Dalmia Bharat Q4 Results Live : profit falls by 46.52% YOY
Dalmia Bharat Q4 Results Live : Dalmia Bharat declared their Q4 results on 24 Apr, 2024, revealing a 10.1% increase in revenue and a significant 46.52% decrease in profit year-over-year.

ACC Q4 Results Live : profit rise by 300.96% YOY
ACC Q4 Results Live : ACC, the leading cement manufacturer, announced their Q4 results on 25 Apr, 2024. The company reported a significant increase in both revenue and profit compared to the same quarter last year.

India’s longest arch bridge takes shape! Steel girders for arch bridge linking Coastal Road to Bandra Worli Sea Link to be launched at night
The steel girder meant for the bow-string arch bridge connecting the Mumbai Coastal Road to the Bandra Worli Sea Link (BWSL) arrived in Worli on Thursday. The 136-metre girder weighs 2,000 metric tonnes. It was transported via the Arabian Sea from the Nhava Sheva jetty in Raigad, The Indian Express reported.

Road ministry blames Union cabinet for delay in awarding of highway contracts
New Delhi: Delays in getting cabinet approvals impeded India's trajectory of road development in the just-concluded fiscal, according to a report from the ministry of road transport and highways (MoRTH). 

Roadways push! Cube Highways Trust to acquire seven highway assets across Andhra Pradesh, Maharashtra, Telangana, and Tamil Nadu
Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt Ltd, recently announced that it will acquire seven highway assets. These assets are from Singapore-based Cube Highways and Infrastructure III Pte Ltd and Cube Highways Infrastructure Pte Ltd, totaling an enterprise value of Rs 5,172 crore.