Top Indian Infrastructure Industry News & Updates - 12 March 2026,Thursday
🏢 Industry & SEZ
📝 Land prices in Tier-2 & Tier-3 cities may surge 25-100% driven by govt's infra push
📝 PM Modi unveils ₹5,650 crore infra, energy projects in Tamil Nadu; flags off new train services
📝 PM Modi launches development projects worth ₹11,000 crore in Kerala
📝 Four ropeway projects approved out of 16 proposals sent to Centre: Rajasthan Deputy CM Diya Kumari
📝 SBI, MUFG sign pact to collaborate on M&A, aviation, real estate financing
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🏗 Construction
Not just GMR: 3 engineering giants riding India’s Rs 91,000-crore airport wave
Government spending on airport infrastructure in India is expected to rise in the coming years. The Airports Authority of India (AAI) has taken up developmental projects worth around Rs 25,000 crore for the period between 2025 and 2029. These projects include expansion and modification of existing terminals. They also include construction of new terminals, strengthening of runways and aprons, and development of control towers and air navigation infrastructure.
Dilip Buildcon bags Rs 1,850 crore Karnataka power deal
Dilip Buildcon has received a Letter of Intent for a power transmission project in Karnataka from REC Power Development and Consultancy(RECPDCL).
📝 KEC International rallies 1.64% as Jal Jeevan Mission gets ₹8.69 lakh crore lifeline
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🏘 Real Estate
Land prices in Tier-2 and Tier-3 cities may rise 25-100% in 2-4 years: Report
Pro-development policies targeting better infrastructure could push up land prices in India’s Tier-2 and Tier-3 cities between 25% and 100% in a period of 2-4 years, according to proptech firm Square Yards. In its report "Realty’s next growth engines: Tier-2, Tier-3 markets in focus”, Square Yards cited that land markets tend to react more sharply than stabilised housing segments particularly when supported by employment hubs, logistics networks and industrial corridors.
Real estate investments in India rise 29%, among fastest in APAC: Colliers
📝 Supreme Court seeks timeline for CBI probe into NCR housing projects
📝 APAC real estate investments seen strengthening in 2026; India among fastest-growing markets for institutional capital
📝 KKR eyes multiple, independent green assets in India
📝 Jewar airport connectivity set to transform Faridabad real estate
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🛍 Cement
Iran War effect: Cement sector to face sharp profit hit in FY27 as fuel costs surge
India’s cement sector is likely to see a significant earnings impact in FY27. An Elara Capital report points out that, coupled with rising oil and gas costs due to supply disruptions through the Strait of Hormuz, higher thermal coal and pet coke prices globally are key concerns for the cement sector. Their calculations project the sharpest hit to Q2 FY27 profits.
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🚙 Roads & Highways
Delhi to Chennai in 12 Hours? Nitin Gadkari announces New Green Express Highway to slash 320 KM off journey
The Union government has announced plans to build a new greenfield expressway aimed at strengthening connectivity between northern and southern parts of the country. Union Road Transport and Highways Minister Nitin Gadkari informed the Rajya Sabha on Wednesday that the proposed corridor will significantly shorten travel distances and improve road transport efficiency.
Gujarat clears ₹1,185 crore road upgrade plan for Surat Economic Region
Gujarat chief minister Bhupendra Patel has approved road infrastructure upgradation projects worth ₹1,185 crore in the Surat Economic Region (SER), a key economic cluster in South Gujarat.
📝 Ceigall India-led JV lowest bidder for ₹521 crore MoRTH highway project in Arunachal Pradesh
📝 CCI approves Cube Highways’ acquisition of road asset businesses of Dineshchandra Group
📝 Highway expansion redraws Kochi’s real estate map
📝 NHAI-backed Raajmarg InvIT IPO opens for subscription
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🚃 Railways
IRCTC shares fall on reports of halting train catering amid LPG shortage
📝 GMRL board to decide on railway station link for Millennium City Centre–Cyber City Metro
📝 Cabinet nod for ₹1,944 crore road and railway projects
📝 PM Modi flags off six new trains in Tamil Nadu and Kerala
📝 India-made B28 bullet train to debut on Surat–Vapi stretch of Mumbai–Ahmedabad corridor in Aug 2027
📝 What is B28? India's first bullet train to run on Bharat-made trainset by 2027
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🚢 Ports
Prolonged West Asia conflict raise credit risk of ports, airports: Fitch
Mumbai: Domestic airports and ports as also those elsewhere in Asia face credit risks if the Iran war that entered the second week, lasts longer, a foreign rating agency has warned.
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