Top Indian Infrastructure Industry News & Updates - 31 May 2023,Wednesday
🏢 Industry & SEZ
📝 Infra projects’ cost overruns decline to 20.3% during April
📝 Nitin Gadkari chairs meeting with NHAI officials to enhance national highway development
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🏘 Real Estate
📝 Shriram Properties Q4 profit falls 76 pc to 15.8 cr; FY23 profit jumps nearly 4-fold to Rs 68 cr
📝 Planning to buy luxury property? Take Rs 1 cr home loan at below 9% now – Compare rates
📝 Corporate realtors see high value in plotted developments, holiday homes
📝 One Group Developers emerge as successful bidder for a group housing plot in Gurgaon
📝 Prestige Estates buys out DB Group’s balance stake in 2 Mumbai projects for Rs 1,176 crore
📝 Shriram Properties reports highest-ever sales volumes of 4.02 msf in FY23
📝 India’s flexible office segment to grow 10-12% in 2023: Colliers
📝 Phoenix Mills plans to invest Rs 2,000 crore for portfolio expansion
📝 Tata Realty ropes in Abu Dhabi-based Tabreed for cooling system
📝 Sobha stock jumps 5%, but investors need to look beyond excitement
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🚃 Railways
📝 Modi govt increased Northeast’s Railways budget to expedite projects, says Ashwini Vaishnaw
📝 Vande Bharat Train: Kapurthala Rail Coach Factory fails to deliver even one train set against target of 32 for FY 22-23
📝 Alstom emerges as lowest bidder for 100 alluminium Vande Bharat trains
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🚢 Ports
📝 Adani Ports Q4FY23 Results: Profit up 5.1% at Rs 1158.88 crore, 250% dividend declared
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