Top Indian Infrastructure Industry News & Updates - 03 Jun 2025,Tuesday
🏢 Industry & SEZ
📝 Mumbai property stamp duty collection hits May record high led by luxury sales
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🏗 Construction
📝 Bankruptcy court admits insolvency resolution plea against Reliance Infrastructure
📝 Reliance Infra says made full payment of Rs 92.68 cr, NCLT order infructuous
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🏘 Real Estate
Mumbai sees a 4% fall in property registrations
Mumbai city saw a YoY decline of 4% in monthly property sales registrations at 11,565 in May 2025 mainly due to drop in registrations of properties priced between Rs 2 crore to Rs 5 crore. This is the first time the city saw a YOY drop in registrations in the last eight months, according to data collated by Knight Frank.
📝 Godrej Properties acquires 14-acre land in Pune to build housing project worth Rs 4,200 cr
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🛍 Cement
NCLAT upholds insolvency proceedings against Jaypee Cement Corp
Jaypee Cement insolvency upheld
📝 Shree Cement partners with RITES to boost rail infrastructure
📝 Cement makers forecast a concrete comeback in FY26
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🚢 Ports
'Mischievous': Adani on WSJ report on US probe into Iranian LPG import via Mundra Port
Source Credit: PTI, The Telegraph
Adani Group on Monday said it does not handle any cargo coming from Iran or any Iranian-owned ship at any of its ports, as it denied any deliberate engagement in sanctions evasion.
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