Infrastructure
NGT Orders Halt on Construction Near Pallikaranai Marsh Until IMP is Finalised
The NGT has halted all construction near Pallikaranai Marshland until an Integrated Management Plan is finalised, prioritising wetland conservation and Chennai’s flood safety.
Brigade Group to Launch Rs 1,200 Crore Residential Project in Banashankari, South Bengaluru
Brigade Group has signed a joint development agreement for a Rs 1,200 crore residential project in Banashankari, South Bengaluru. Spread over 7.5 acres,...
Cement Sector Set for Stronger Profit Margins in FY2026: ICRA
ICRA projects cement companies’ operating profit to rise by Rs 100–150/MT in FY2026, supported by strong demand, GST cuts, stable input costs, and...
GST 2.0 Reshapes Construction: Lower Costs, Affordable Housing, and Faster Project Delivery
The rollout of GST 2.0 on September 22 has reshaped India’s construction industry by reducing tax rates on cement, materials, and logistics. With...
Nuvama-C&W JV Acquires One Paramount in Chennai, Reflecting Strong Domestic Interest in Office Assets
Nuvama Asset Management and Cushman & Wakefield India’s Prime Offices Fund has acquired One Paramount, a 2.4 million sq ft Grade-A office complex...
Centre Sanctions Rs 436 Crore Elevated Corridor to Ease Traffic in Puducherry
The Central government has approved Rs 436.18 crore for a 3.877 km elevated corridor connecting Indira Gandhi Square and Rajiv Gandhi Square in...
Chennai Approves Rs 2.5 Lakh-Crore Comprehensive Mobility Plan, Boosting Transport and Real Estate
Chennai’s Rs 2.5-lakh-crore Comprehensive Mobility Plan (CMP), approved by CM MK Stalin, will expand metro, BRTS, and suburban rail networks over 25 years....
L&T CE and IPDD Secure Major Domestic and Global Orders
L&T CE & IPDD win multiple domestic and international contracts, strengthening their engineering leadership in mining, industrial machinery, and valves.
IIT Madras and Caterpillar Strengthen Collaboration with New MoU for Advanced Research and Talent Development
IIT Madras and Caterpillar sign a new MoU to boost advanced research, AI, electrification, and student training opportunities in Chennai.
India’s Construction Growth Faces 2 Million Skilled Worker Deficit, Says Hiranandani
India’s construction sector is facing a shortage of nearly two million skilled workers across core trades, warned NAREDCO Chairman Niranjan Hiranandani in Nagpur....
