Top Indian Infrastructure Industry News & Updates - 19 April 2025,Saturday
🏢 Industry & SEZ
New builder must stick to old GST rate for ongoing housing projects, rules Maharashtra AAR
The Maharashtra Authority for Advance Ruling (AAR) has said that when a new builder takes over an under-construction housing project, they must follow the same GST rate that the previous builder (old promoter) had chosen.
📝 Steelcase Inc India arm picks up 130,000 sq ft industrial space in Pune’s Chakan
📝 CREDAI signs MoU with National Skill Development Corporation and Quality Council of India
📝 Rise Infraventures targets Rs 5,000 crore gross sales value in 2025-26
📝 Trump's tariff tremors put Indian realty market on uneven ground
📝 Govt aims completion of infrastructure in nine plastic parks by end of 2025
📝 Centre and states announced road infrastructure projects worth over Rs 3.9 lakh crore in FY25: Report
📝 About 91% of Central govt's investment in FY25 focused on five key sectors: Bank of Baroda Report
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🏗 Construction
BigBloc Construction Ltd: Building the Future as India's AAC block Trailblazer
New Delhi: Incorporated in 2015, BigBloc Construction Ltd is one of the largest and only listed AAC block manufacturer in India, with a 1.3 million cubic meter per annual capacity across plants in Gujarat (Kheda, Umargaon, Kapadvanj) and Maharashtra (Wada). The new facility in Kheda is the company's fourth plant, uniquely equipped to manufacture both AAC blocks and the innovative AAC wall. The company markets its products under the 'NXTBLOC' brand and also among few companies in the AAC industry to generate carbon credits.
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🏘 Real Estate
Home sales dip 19% in Q1, says report. How did Delhi-NCR market perform? Find out
Home sales fell by 19 per cent and new launches went down by 10 per cent across India’s top 8 real estate destinations in the first quarter of 2025 (January–March 2025), a latest report by PropTiger.com said.
FY26 not promising for broking industry, degrowth real worry: Shripal Shah
Financial year 2025-26 (FY26) doesn't look particularly promising for the broking industry, says Shripal Shah, managing director and chief executive officer (MD & CEO) of Kotak Securities, in an interview with Sundar Sethuraman. Shah further says revenues of broking houses are likely to soften going forward, and de-growth is a real concern.
Rising rents outpace salaries in Bengaluru, triggering affordability concerns
After calling Bengaluru home for more than a decade, 32 year old Alisha who works in the oil and gas sector, highlights the challenges of the city’s rental system. With a modest 5–10 per cent salary hike compared to a staggering 50–60 per cent jump in rent, Alisha saw her monthly rent climb from ₹42,000 to ₹56,000, and then to ₹75,000 year after year. “The Bangalore rental agreement is biased towards landlords. There’s nothing in it that safeguards tenants,” she says. For her, the only escape from the cost trap is to leave.
Leasing of green office spaces rises 20% in 2024 across top 6 cities: Credai-Colliers report
📝 India’s real estate turns greener
📝 Kolte-Patil Developers Q4 sale bookings fall 15% to Rs 631 cr; FY25 sales dip 1% to Rs 2,791 cr
📝 Realty firm Aurika Group to invest Rs 220 crore in projects in Ayodhya and Bareilly
📝 Signature Global buys 48 acres land at Gurugram for Rs 1,070 cr in FY25 to build housing projects
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🛍 Cement
JK Lakshmi Cement eyes 30 mtpa capacity by FY30
📝 JK Lakshmi Cement looks for 10% growth in FY'26
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🚙 Roads & Highways
Highway expansion struggles despite government’s capex push
New Delhi: For India's dreams to pump up growth with a heavy dose of infrastructure spending, the latest data on highway building provides a tough reality check.
📝 Will FASTag system be replaced from May 1? Here's what the govt says
📝 Prayagraj–Mirzapur highway to be expanded to four lanes to ease traffic and boost connectivity
📝 Noida to get cloverleaf link, expressway boost and a 'Times Square' in Sector 18
📝 ‘No decision on GPS-based tolling from 1st May 2025,’ government clarifies
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🚃 Railways
📝 RPF of NF Railway leverages drone & AI technology to curb railway land encroachments
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🚢 Ports
Adani Ports buys Australian terminal in $2.5-billion non-cash deal
Adani Ports and SEZ, the country’s biggest private port operator, on Thursday said it has acquired a coal export terminal in Australia from a group company in a $2.4-billion non-cash deal. The move is aimed at strengthening presence in the Asia-Pacific region.
APSEZ acquires 50 MTPA capacity NQXT Australia, accelerating path to 1 billion tonnes p.a. by 2030
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