Construction
Hyderabad Plans World-First Tunnel Beneath Begumpet Airport Runway to Ease Traffic
Telangana unveils a first-of-its-kind underground tunnel beneath Begumpet Airport runway to reduce congestion and boost Hyderabad’s urban connectivity and infrastructure efficiency.
Hyatt to Develop ₹250 Crore Five-Star Hotel in Visakhapatnam, Boosting Tourism and Hospitality Growth
Hyatt’s new ₹250 crore five-star hotel in Visakhapatnam is set to enhance tourism, business travel, and local employment, strengthening the city’s hospitality infrastructure.
Govt Launches PRISM-SG Portal to Accelerate Bridge Approvals and Boost Infrastructure Delivery
The government has launched the PRISM-SG portal to digitise bridge approval processes, reducing timelines from 12 months to just 3–4 months and improving...
Cholamandalam Awards ₹540 Crore Chennai Office Construction Contract to Kalpataru
Cholamandalam Investment and Finance Company has awarded a ₹540 crore contract to Kalpataru Projects International for constructing its new corporate office in Chennai’s...
Rising crude oil prices push construction costs higher, real estate sector feels the pressure
Rising crude oil prices are increasing construction costs across India, impacting developers and potentially pushing housing prices upward amid supply chain disruptions and...
Govt Considers 12–16% Incentive Scheme to Boost Heavy Equipment Manufacturing
The Indian government is evaluating a 12–16% incentive scheme to boost domestic manufacturing of heavy equipment, aiming to reduce import dependence and strengthen...
Dalmia Cement to Acquire Stake in Wind Power Project in Tamil Nadu
Dalmia Cement plans to acquire a 26% stake in Ventora Energy to source 8.1 MW wind power in Tamil Nadu, strengthening its renewable...
Hyderabad Plans ₹941 Crore Double-Decker Corridor to Ease NH-65 Traffic
Telangana government plans a ₹941 crore double-decker elevated corridor from LB Nagar to Hayatnagar to reduce congestion, improve connectivity and enhance road safety...
Railways Tightens Contractor Norms to Improve Project Execution and Accountability
The Ministry of Railways has revised contractor eligibility norms, raising experience thresholds and limiting subcontracting to improve project execution, accountability, and reduce delays...
Construction Costs Set to Rise 3–5% in 2026 Amid Labour and Input Cost Pressures
Construction costs in India are expected to increase by 3–5% in 2026, driven by rising labour expenses and input costs, despite partial relief...
