To speed up the work on Indore-Manmad line, task force has been formed from Dhule onwards.
Indore-Manmad 309 km railway line will pass through 6 districts of two states. Madhya Pradesh will have the largest share in this. Trains will be run on electric engines on this route. In such a situation, import of 18 crore liters of diesel costing Rs 1500 crore will be reduced. This will save 138 crore […]
The time has come for ‘Smart Cities’ in the country and the world
Prime Minister Narendra Modi took a step into the future on August 28, 2024, when the Cabinet Committee on Economic Affairs announced the setting up of 12 industrial smart cities in 10 states at a cost of Rs 28,602 crore, based on PM Gatishakti principles. It is India’s most ambitious infrastructure program to date, and […]
12 industrial smart cities in 10 states, 40 lakh jobs, 1.5 lakh crore investment
The Union Cabinet for Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved 12 new industrial smart cities in the country. These 12 industrial smart cities spread across 10 states and adjacent to six major corridors will prove to be an important leap in promoting manufacturing. The government will invest Rs 28,602 crore […]
Real Estate: 81% funding of last year in just 6 months, 62% increase
The confidence of domestic and foreign institutions in the country’s real estate sector has increased. According to a report by real estate consultation firm JLL, a record institutional investment of Rs 39,944 crore was made in the realty sector during the first half of 2024. This is 81% of the investment of Rs 48,672 crore […]
IndoSpace Plans to Invest over Rs580 cr to Set up 2 Logistic Parks in Karnataka
Bengaluru Mumbai: Private equity firm Everstone Group-backed developer and owner of Grade A industrial real estate IndoSpace is planning to invest over Rs580 crore to develop two new logistic parks spread over 76 acres in Karnataka as part of the commitment made by the company through a Memorandum of Understanding (MoU) signed with the state […]
Preparation to make Indore Metropolitan Region Plan, firms from Pune, Ahmedabad, Jabalpur showed interest.
IDA has invited proposals from experienced firms to appoint consultants for the Indore Metropolitan Region Plan. Consultant firms and consultants from Pune, Ahmedabad, Jabalpur and Indore have taken interest in discussing the draft in the initial phase. Now these firms will send their respective tenders to IDA. It has been decided to do regional planning […]
11 km long service road will be built from Tejaji Nagar Junction along the highway.
The work will be done keeping in view the possibility of city expansion in future. Indore: Under the Indore-Akola four lane project, an 11 km long service road will also be built from Tejaji Nagar Junction of Indore Bypass towards Balwara. The two-lane service road to be built on both sides will greatly facilitate internal […]
Godrej & Boyce Sells Mum Office to Godrej Industries
Mumbai: Godrej & Boyce Manufacturing Company has sold an office spread over nearly 58,500 sq ft across twofloors in one of the wings of the commercial complex Godrej One in Vikhroli sub- urb of Mumbai to Godrej Industries for 157 crore. Along with the office space spread over 8th and 9th floor of the North […]
Defence Ministry Points Gun at Godrej’s Housing Project
While ministry seeks stop-work notice, developer claims all approvals are in place Kailash Babar & Sagar Malviya Mumbai: The defence ministry has objected to a Godrej Properties’ residential venture in Mumbai and demanded that work be suspended on the project, which has an estimated revenue potential of ₹7,000 crore. The ministry has said the project […]
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