infrastructure development
Karnataka Increases Stone Mining Royalties, Potential Impact on Real Estate Industry
The Karnataka Cabinet has approved an increase in the royalty on mining minor minerals, particularly stone quarries. The new rate of Rs 80...
Microsoft’s Recent Land Acquisition in Hyderabad to Stimulate Real Estate Growth
Microsoft’s Land Acquisition in Hyderabad to Drive Real Estate Growth Microsoft Corporation (India) has purchased 25 acres of land in Mekaguda, Hyderabad, for...
CRDA Approves Amaravati Projects Worth ₹11,467 Crore
The Capital Region Development Authority (CRDA) of Andhra Pradesh has greenlit development projects in Amaravati totaling ₹11,467 crore, marking a significant step toward...
India’s Steel Imports Up 41%, BIS Enforces Quality Standards to Protect Industry
India’s steel imports have risen sharply in the first half of 2024-25, reaching 4.735 million tonnes, a 41.3% increase compared to 3.329 million...
Renaatus Projects Wins Chennai Central Tower Contract with ₹412.9 Crore Bid
Renaatus Projects has been declared the lowest bidder (L1) for the Chennai Central Tower development, with a bid value of ₹412.9 crore. The...
Tamil Nadu Invites Bids for Key Road Infrastructure Projects in Mannargudi and Thiruvarur
The Tamil Nadu Public Works Department (PWD) and Highways Department have announced tenders for significant road infrastructure projects aimed at boosting connectivity and...
India Targets 300 Million Tons of Steel Output by 2030, $120 Billion Investment Needed
India plans to scale its steel production to 300 million tons by 2030, requiring an estimated $120 billion investment, according to the Ministry...
Construction Sector Gains Momentum with Increased Steel and Cement Demand
The Reserve Bank of India (RBI) reports significant growth in the construction sector, with steel consumption rising by 9% year-on-year in October 2024....
Hosur Airport Proposal Progresses: Five Sites Evaluated, Key Challenges Identified
The Airports Authority of India (AAI) has shortlisted five potential sites for the proposed Hosur airport, including the existing Hosur airstrip of Taneja...
Steel Demand in India to Grow 8%: Capacity to Surge by 20 Million Tons by FY2027
India’s steel industry is set to increase its annual capacity by 20 million tons between FY 2025-27, according to a recent report by...
