India set to become exporter of forged wheels used in railways: Ashwini Vaishnaw
Sixty to seventy years after being an importer of forged wheels used in the railways, India is all set to become an exporter of the train component, Union Minister of Railways Ashwini Vaishnaw said here on Thursday.

IRB Infrastructure Developers Ltd acquires 24% stake in IRB Trust to strengthen transport infra development
To harness the potential of India’s infra landscape, IRB Infrastructure Developers Limited has acquired the 24% stake in IRB Infrastructure Trust by Cintra, a subsidiary of Ferrovial, from GIC Affiliates. 

Dwarka Expressway: A hotspot for premium housing projects in Delhi-NCR
With the Gurugram section of Dwarka Expressway having been recently inaugurated by PM Narendra Modi and theHaryana Government greenlighting a project worth Rs 99.5crore to construct eway service roads on both sides of the Dwarka Expressway, the region is likely to witness a beeline of residential as well as commercial investments by topline developers and property buyers.

Real estate in Noida to get a major boost with the development of ‘Japanese’ and ‘Korean’ cities
Noida is set to witness a global level transformation, with an ideology to create miniature versions of Japanese and Korean cities. The Yamuna Expressway Industrial Development Authority (YEIDA) has marked two sectors for the establishment of these industrial cities, with the acquisition of hundreds of hectares of land.

Foreign investors infuse average of ~$4 billion annually in Indian real estate segment, foreign inflows up 20% YoY in 2023
India’s economic resilience, coupled with favourable investment climate and rapid urbanisation has enhanced its appeal as a promising investment destination for global funds, said a report by Colliers. With the IMF’s projected GDP growth rate of 5.7 per cent in 2024, India remains one of the fastest-growing economies globally, and one of the most preferred emerging countries within the Asia-Pacific (APAC) region, offering attractive pricing, better valuations, and higher yields. In fact, foreign inflows witnessed a rebound in 2023 reporting a 20 per cent YoY rise at $3.6 billion, stated the report, maintaining that these investments were not confined to traditional avenues but extended to alternative asset classes, bolstering the robust domestic growth in office, residential, and industrial segments. 

Godrej Properties acquires ~3-acres land parcel in Hyderabad with estimated booking value of ~Rs 1,300 crore
Godrej Properties Limited (GPL) on Thursday announced that it has acquired ~3-acres of land in Kokapet, Hyderabad. This is the second land acquisition for GPL in Hyderabad and will take the overall booking value potential added in the city to Rs 4,800 crore. 

ACC bags Lamatola coking coal block situated in MP on 3rd day of auction

ACC submitted the final bid offering a premium of 16.75 per cent against the reserve price of 4 per cent.

NHAI takes various measures for commuter safety; streamlines traffic flow on Dwarka Expressway
The National Highways Authority of India (NHAI) has announced several initiatives aimed at enhancing commuter safety and traffic management on the Dwarka Expressway, according to an official statement released on Thursday.

National highways construction up, but govt may miss award target
 

Indian Railways’ ambitious plans! ICF Chennai to manufacture standard gauge Vande Bharat rakes for export, says Ashwini Vaishnaw
Railway Minister Ashwini Vaishnaw on Thursday (March 14) announced that the Integral Coach Factory (ICF) in Chennai will now focus on manufacturing standard gauge Vande Bharat trains exclusively for export purposes. 

Indian Railways’ New Jalpaiguri-Patna Vande Bharat Express train begins commercial run – Check route, schedule, fare and more
Indian Railways has launched the commercial operations of the fifth Vande Bharat Express train in West Bengal. Prime Minister Narendra Modi virtually flagged off this new semi-high-speed train from Ahmedabad on March 12. The introduction of this semi high-speed train signifies a significant advancement in the country’s rail network and marks a revolution in train travel across India. 

India to become exporter of forged wheels used in railways, says Vaishnaw
Chennai: Sixty to seventy years after being an importer of forged wheels used in the railways, India is all set to become an exporter of the train component, Union Minister of Railways Ashwini Vaishnaw said here on Thursday.