Construction

May 15, 2023 02:40 PM IST

In Pics: New 6-lane highway being developed in NCT of Delhi, will serve as primary route for traffic flow between Delhi, Haryana, UP

A new six-lane access-controlled highway is currently being developed in the National Capital Territory of Delhi from DND Maharani Bagh to the Junction with the Jaitpur-Pushta Road Section of NH-148NA.

Air quality monitoring network to track pollution at Gurugram construction sites

The network comprises nine air quality monitors and one automatic weather station, and the data from this air quality monitoring network will be provided to project developers and research teams through a dashboard that will capture pollution concentrations during different on-site construction activities.

PNC Infratech Q4 PAT seen up 11.8% YoY to Rs. 154.6 cr: Nirmal Bang

Net Sales are expected to increase by 16.4 percent Y-o-Y (up 31.2 percent Q-o-Q) to Rs. 2,134.7 crore, according to Nirmal Bang.

Ashoka Buildcon Q4 PAT may dip 28.4% YoY to Rs. 134.6 cr: Nirmal Bang

Net Sales are expected to increase by 0.5 percent Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 1,567.6 crore, according to Nirmal Bang.

Shapoorji Pallonji Group to go for major restructuring: Report

The various businesses will be held by two holding companies and will be supervised by an advisory board that will include four family members - Shapoor and his son, Pallon, and late Cyrus Mistry’s two children, Firoz and Zahan.

IRB Infrastructure eyes 20% jump in order book in 2023-24

The current order book for IRB Infra stands at Rs 21,000 crore, including Rs 9,000 crore for engineering, procurement, and construction (EPC), and Rs 12,000 crore for operational and management (O&M) projects.

DDA lodges complaint with CBI over 'lapses' in Signature View Apartments construction

Lt Governor VK Saxena in January ordered criminal proceedings against errant officials.

Network Planning Group under PM Gati to work with state governments to identify delays in execution of infra projects

This follows PM Narendra Modi last week flagging the cost overruns and delays in completing infra projects in India.

Property prices increase by around 7 percent across top 8 cities: Report

Gurugram witnesses 13 percent price appreciation, followed by Bengaluru at 9 percent and Pune at 8 percent

Budget 2023 | Road ministry gets a 36% hike in allocation at Rs 2.7 lakh cr for 2023-24

The higher budgetary allocations are necessary to help MoRTH meet the target of 25,000 km target announced by the government in the 2022-2023 budget, amid rising interest expenses and increasing land acquisition costs.

Economic Survey 2023 pushes for cargo movement through water bodies, ports

West Bengal and Assam have been identified as the states with the most navigable inland waterways at 4,500 km and 2,000 km, the survey says

Economic Survey 2023: Highway construction remains subdued for second straight year

Economic Survey 2023: The average pace of highway construction in India fell to 18.97 km/day in 2022-23, which is slightly lower than the average of 20.89 km/day seen last year.

Economic Survey 2023: Vaccination coverage led to migrant workers returning to construction sites fueling the housing market

The inventory overhang in the housing market has also witnessed a significant decline and fell to 33 month in Q3 of FY23 (October-December) from 42 months last year.

RERA-registered ventures must be considered as ‘public interest projects’: Credai-NCR tells environment minister

The ban on construction activities due to pollution is not recognised by RERA, development authorities, or town planning department

Construction boom sets up India as global steel saviour

Poised to overtake China as the world’s most populous country next year, India is in the midst of a building boom. Prime Minister Narendra Modi is seeking to modernize roads, rail networks and ports in attempt to vie with China as a manufacturing hub.

Capacit'e Infraprojects wins order worth Rs 117 crore from DLF

"The order inflow for the current financial year, along with our existing order book, gives us confidence to deliver good growth in coming quarters," said the company in a press release.

Construction costs up 28% since pre-pandemic levels but remain stable since March 2022: Report

Going forward, prices of key construction materials will hinge on multiple factors including global economic situation, inflation rates and supply constraints

L&T to construct Executive Enclave housing new PMO, cabinet secretariat for Rs 1,189 crore

In Bad Shape: Bridge collapses can be easily prevented in India

: The number of bridge collapses has come down over the years, but even one bridge that crumbles is one too many.

As pollution reaches alarming levels, Centre calls halt to construction across NCR 

Realtors say the ban on construction causes losses of thousands of crore rupees every year besides delaying project timelines and affecting homebuyers.

Delhi CM Arvind Kejriwal announces Rs 5,000 aid to workers amid ban on construction work

With pollution levels worsening, the Centre's air quality panel had on Saturday directed authorities to impose a ban on construction and demolition activities in Delhi-NCR, except in essential projects, and other curbs under the GRAP III.

L&T aims to sign agreement to divest stake in road assets arm by December: CFO R Shankar Raman

As part of its five-year strategic plan ‘Lakshya 26’ the company is looking to divest its investment in few non-core areas, which includes road concessions and power business as well as capital restructuring and minimizing its stake in Hyderabad Metro.

L&T optimistic about meeting 15% growth guidance for revenue and order inflow in FY23

The company’s management said the October quarter saw high order execution and robust order inflow which resulted in its highest-ever order book at Rs 372,381 crore in October end.

Real Estate | Construction sites cannot remain death traps for workers

Safety laws are ignored, except in large organisations, and Indian workplaces remain the most unsafe in the world

State-run Wapcos files draft papers for IPO

Wapcos is a central public sector enterprise under the administrative control of the ministry of Jal Shakti