Construction World

Mumbai, which is home to more than 20 million people, has always been a model for contemporary infrastructure. Considering the need for shorter commute times and world-class facilities, Mumbai is undergoing a massive transformation through the various construction of expressways, flyovers, metros, roads, and bridges that will address the key challenge of commuting while, on the other hand, helping to upgrade the city’s identity.

HERE ARE THE TOP 5 STORIES OF THE WEEK 1. GST exemption on renting residential buildings withdrawn 2. Varanasi receives 13 new projects worth Rs 1,200 crore 3. New Delhi emerges as Asia’s top private aviation hub 4. Chennai Metro Phase 2 project gets a new casting yard 5. World Bank sanctions $250 mn loan for India’s road safety programmes  THAT’S ALL FOR THIS WEEK, STAY TUNED AT CONSTRUCTIONWORLD.IN FOR MORE UPDATES

HERE ARE THE TOP 5 STORIES OF THE WEEK 1. Telangana govt takes up Rs 8,052 cr road works under SRDP 2. NCRTC develops India's first rapid rail transit system in Ghaziabad 3. Delhi airport becomes the first airport to run on hydro and solar power 4. Govt flags off Bharat Gaurav trains linking India-Nepal 5. BMRCL launches first U-girder on Outer Ring Road THAT’S ALL FOR THIS WEEK, STAY TUNED AT CONSTRUCTIONWORLD.IN FOR MORE UPDATES

HERE ARE THE TOP 5 STORIES OF THE WEEK 1. Six-lane National highway in Kerala to be ready by 2025 2. Govt identifies two sites for Chennai’s second airport construction 3. Railway line doubling to reduce travel time between CSMT-Karjat 4. First Road from Steel Slag Inaugurated at Surat 5. PM Modi will inaugurate railway projects worth over Rs 16k crore That’s all for this week, stay tuned at constructionworld.in for more updates

HERE ARE THE TOP 5 STORIES OF THE WEEK 1. Airside expansion at Kolkata airport delayed by 17 months 2. Quad nations to invest $50 bn to boost infra in Indo-Pacific 3. Maharashtra govt to extend PMAY Urban scheme till September 2022 4. Delayed Metro line 3 in Mumbai expected to complete by 2024 5. Indian data centers to receive Rs 1.05 cr-1.20 lakh cr investments THAT’S ALL FOR THIS WEEK, STAY TUNED AT CONSTRUCTIONWORLD.IN FOR MORE UPDATES

Construction has played a vital role in the revival of the economy over the last year. In yet another push for India's infrastructure sector, the union government has launched the Gati Shakti program as part of the National Infrastructure Pipeline. The plan was first announced from the ramparts of the Red fort on August 15, 2021.  The idea behind the 'Gati shakti' scheme is that the government is aiming to create a digital platform promising the "integrated planning and coordinated execution" by sixteen ministries.  #PMGatiShakti #5TrillionEconomy #transformedinfrastructure #foreigninvestment #digital platform #infrastructure #NewIndia #logistics #connectivity #multimodal #transportation #B2B #constructionpodcast #India #NationalInfrastructurePipeline #coordination 

HERE ARE THE TOP 5 STORIES OF THE WEEK  Andhra Pradesh to invest Rs 6,400 cr to develop new roads Chief Minister of Andhra Pradesh YS Jagan Mohan Reddy announced this on Monday at a high-level review meeting on roads, airports, and seaports that Andhra Pradesh government has decided to develop new roads at Rs 6,400 crore with financial aid from New Development Bank (NDB) in the state.  Engineers India acquires Rs 1,039 cr Cauvery Basin Refinery project Engineers India acquired 2.64% to Rs 73.85 after the firm told the media that it bagged a Rs 1,039-crore order from Chennai Petroleum Corporation (CPCL). Engineers India renders engineering, design, acquisition, construction, and integrated project management services primarily for gas, and oil and petrochemical firms.  Maharashtra plans Konkan Expressway construction at Rs 70k cr The public works department, led by senior Congressman Ashok Chavan, has proposed a Rs 70,000 crore plan to build a 400 km road connecting Mumbai and Sindhudurg via Raigad and Ratnagiri. The project will reduce travel time between Mumbai and Sindhudurg from six to seven hours to three hours when completed.  Welspun India aims Rs 730 cr turnover from e-commerce by FY23 Mumbai-based Welspun India is looking at a Rs 730 crore turnover from e-commerce as it looks at a larger play in the USA, UK, and India through its brands by FY23.  Maha govt allots Rs 26,831 cr for Pune outer ring road project The Maharashtra Government gave administrative approval of Rs 26,831.24 crore for the project and a concession agreement with the Maharashtra State Road Development Corporation (MSRDC), following the Hindu Hridaysamrat Balasaheb Thackeray Maharashtra Samrud, on Monday. That’s all for this week, stay tuned at constructionworld.in for more updates #top5stories #news #weeklynews #development #builder #construction #building #growth #economy #Indianeconomy #topnews #indianews #constructionnews #AndhraPradesh #roads #airports #engineers #projectmanagement #gas #oil #petrochemical #Maharashtra #Welspun #e-commerce #Pune #MSRDC 

HERE ARE THE TOP 5 STORIES OF THE WEEK  Volvo Construction Equipment launches new equipment in India Volvo Construction Equipment launched a new range of compactors, pneumatic rollers, pavers and wheel loaders for the Indian market. The company said that the machines of the new generation promise to finish across a variety of projects and deliver outstanding performance with best-in-class fuel consumption and maximum reliability.  Adani and RIL units plan to scale up drone production in India The development coincides with India's recent liberalisation of drone regulations, which Prime Minister Narendra Modi described as a landmark moment for the country. The total addressable market potential for drones in India is estimated to be Rs 3 lakh crore, or $40 billion, according to a Ficci study.  Mumbai, Delhi listed in EIU’s top 50 safest cities in the world New Delhi and Mumbai have made it to the top 50 on the Global Safe Cities Index 2021, with a score of 56.1 and 54.4, respectively. The first 10 safest cities from the Index are Copenhagen, Toronto, Singapore, Sydney, Tokyo, Amsterdam, Wellington, Hong Kong, Melbourne, and Stockholm.  SC issues notice to demolish Supertech twin towers in Noida The Supreme Court on Tuesday ordered the demolition of twin 40-storey towers in Supertech Ltd;s Emerald Court project in Noida for violating building by-laws in collusion with authority officials, dealing a blow to the real estate giant. Apex and Ceyane, two towers of Supertech's Emerald Court Project in Sector 93, have a total of 915 apartments and 21 shops.  India's Top Builders 2021 This year, the winners of the CW ARCHITECT AND BUILDER AWARDS (CWAB) 2021 were Brigade Group, Embassy Property Developments, Godrej Properties, Mahindra Lifespace Developers, Mindspace Business Parts REIT, Prestige Group. That’s all for this week, stay tuned at constructionworld.in for more updates. #top5stories #news #weeklynews #development #builder #construction #building #growth #economy #Indianeconomy #topnews #indianews #constructionnews #Volvo #constructionequipment #drones #India #Mumbai #Delhi #Supertech #Noida #Topbuilders #constructionworld

HERE ARE THE TOP 5 STORIES OF THE WEEK  Tata Realty plans to invest Rs 4,000 cr in real estate business In this, Rs 2,000 crore will be spent on residential housing projects, and the other Rs 2,000 crore will be spent on commercial projects, and Tata Realty expects to invest this amount in the next two years.  Delhi government launches new smog tower to combat air pollution Delhi has installed a new smog tower, a technological aid to help combat air pollution. Chief Minister Arvind Kejriwal inaugurated the tower behind the Shivaji Stadium Metro station. The structure of the smog tower is 24 m high, which is as high as an 8-storey building. It also has an 18 metre (m) concrete tower with a 6 m high canopy top. There are 40 fans at its base, with ten of them on each side.  Ambuja Cements begins trial run at Marwar Cement plant in Rajasthan This greenfield integrated plant improves Ambuja’s clinker capacity by 3 MTPA and helps in enhancing cement sales by 5 MTPA, thereby adding to the long term goal of capacity expansion. Additionally, it is the second integrated plant of Ambuja in Rajasthan and 6th in the nation.  NIIF negotiates with L&T to invest Rs 4k cr in Hyderabad metro National Investment and Infrastructure Fund (NIIF) is negotiating with Larsen and Toubro (L&T) to invest Rs 4,000 crore in the Hyderabad metro project. L&T's big investment in a single project has been suffering due to the cost and time overruns, and traffic loss more affected due to the Covid-19 pandemic.  GMR gets nod to operate Nagpur airport GMR Group, an Indian infrastructure development company to take over operations and upgrade projects at Babasaheb Ambedkar International Airport in Nagpur. GMR said that it expects to develop the airport in phases to attain a capacity of 30 million passengers per annum. That’s all for this week, stay tuned at constructionworld.in for updates. #top5stories #news #weeklynews #development #builder #construction #building #growth #economy #Indianeconomy #topnews #indianews #constructionnews #investment #housing #Delhi #government #technology #metro #cement #Rajasthan #Hyderabad #Nagpur #airport #India 

HERE ARE THE TOP 5 STORIES OF THE WEEK  Karnataka govt asks Nirmithi Kendras to opt for green construction. In 2020, the Bengaluru government ordered all the Nirmithi Kendras or infrastructure development societies in Karnataka districts to shift towards low-cost, environmentally-friendly materials for green constructions.  Tata Motors signs MoU with Gujarat to set up vehicle scrapping unit. As a part of the Investment Promotion Activity, Tata Motors signed a Memorandum of Understanding (MoU) with the government of Gujarat to set up a Registered Vehicle Scrapping Facility (RVSF) in Ahmedabad for passengers and commercial vehicles. The scrapping unit would be able to recycle up to 36,000 vehicles every year.  Govt nods usage of drones for 10 firms for various purposes. Government of Karnataka, Mahindra and Mahindra Limited, Blue Ray aviation, Asia Pacific, Bayer Crop Science, Gangtok smart city development Limited, Steel Authority of India Limited, Chennai- based Tractors and Farm Equipment Limited, The national health mission in Mumbai are the 10 firms. The ministry said, that it has given a conditional exemption to 10 organisations from the unmanned aircraft system (UAS) Rules, 2021, and it is valid for a year from the approval date or until further orders.  Guwahati smart city to overhaul project operations with a new zeal. The Guwahati smart city department has claimed to restore its operations with new enthusiasm after an initial gap. According to the insiders of the Guwahati Smart City Limited (GSCL), a revamp has been made with fresh projects along with carrying over a few of the old projects. 14 projects are on their pipeline.  Saturn Realtors purchases Kingfisher House for Rs 52 crore. Kingfisher House, the former headquarters of the bankrupt airline, has been sold to Saturn Realtors for Rs 52 crore. The building comprises a basement, an upper-ground floor, a ground floor, and an upper floor, measuring a total of 1,586 sq mt, housed on a 2,402 sq mt plot. On 31 July, the registration of the deal took place. The Maharashtra government received Rs 2.61 crore as stamp duty from Saturn Realtors. That’s all for this week, stay tuned at constructionworld.in for updates. #Karnataka #government #environment #Gujarat #drones #smartcity #realtors #Maharashtra #top5stories #news #weeklynews #development #builder #construction #building #growth #economy #Indianeconomy #topnews #indianews