25 Jan 2026

Ceigall India Limited, in a joint venture with SAM India Builtwell Pvt Ltd, has emerged as the lowest bidder for a major Jaipur Metro Phase II civil contract worth approximately INR 918.04 crore. The contract, awarded by Jaipur Metro Rail Corporation Ltd, is for the design and construction of a 10.8-kilometre elevated viaduct and ten elevated metro stations under the Phase II Mass Rapid Transit System (MRTS). The project, excluding architectural finishing, covers a stretch of the corridor from chainage 600 metres to 11,400 metres and includes a spur line towards the depot. Scheduled for completion within 34 months, this contract represents a significant step forward in expanding urban rail infrastructure in Jaipur and supports broader efforts to improve city-wide mobility and connectivity.Read more

24 Jan 2026

The Tata Group has expressed interest in partnering with the Telangana government on the Musi Riverfront Project and exploring fresh investments in sectors such as AI data centres, semiconductors and electric vehicles. The discussions took place during a meeting between Chief Minister A Revanth Reddy and Tata Group Chairman Natarajan Chandrasekaran at the World Economic Forum in Davos. The group also indicated plans to expand hospitality projects in temple towns and showed openness to supporting urban rejuvenation, sports infrastructure and long-term development under the Telangana Rising 2047 vision.Read more

24 Jan 2026

The Odisha government has asked officials to move faster on the Mahanadi riverfront development project planned in Cuttack, stressing early execution and timely clearances. The project, estimated at around INR 150 crore, will be developed over nearly 426 acres along the riverbank and implemented in three phases by the Cuttack Development Authority. It aims to create public spaces, improve urban infrastructure and support tourism through promenades, green areas, cultural zones and recreational facilities, with budgetary support already earmarked for the current financial year.Read more

24 Jan 2026

Highway Infrastructure Limited has won a significant urban road development contract worth approximately INR 69.7 crore from the Indore Development Authority (IDA) in Madhya Pradesh. The EPC (engineering, procurement and construction) contract involves the development of the Kumedi Lasudiya Mori corridor up to A.B. Road under Town Planning Scheme-08 in Indore. The project features a 2year execution timeline and is expected to enhance connectivity and local infrastructure within the city. With this award, Highway Infrastructure has further diversified its order book and strengthened its regional presence in urban infrastructure delivery.Read more

23 Jan 2026

Raymond Realty has announced the launch of a new luxury residential development in Wadala, Mumbai, marking another expansion of its footprint in the Mumbai Metropolitan Region. Spread across 5.62 acres, the project, titled The Address by GS, Wadala, carries an estimated revenue potential of around INR 5,000 crore, underscoring the company's focus on high-value urban housing. While the developer has not disclosed the project cost or the number of apartments planned, the launch aligns with Raymond Realty's asset-light growth strategy and long-term value creation plans. The project adds to the company's growing portfolio since its entry into real estate in 2019 and reflects sustained developer confidence in Mumbai's premium residential market despite broader economic uncertainties.Read more

22 Jan 2026

Madinet Masr for Housing and Development has signed a memorandum of understanding with Aboelwafa for Contracting and Real Estate Investment to execute construction works worth about EGP 3.3 billion at its Taj City project. The agreement covers the construction of around 40 residential buildings along with supporting infrastructure. The works are planned to be completed by the end of 2027. The move reflects Madinet Masr's ongoing focus on advancing phased development at Taj City through strategic contractor partnerships.Read more

22 Jan 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has announced a new residential plot scheme near the upcoming Noida International Airport, offering 973 plots across three sectors. The scheme includes plots of multiple sizes and follows a reservation structure for farmers affected by land acquisition and for industrialists operating units in Yamuna City. The remaining plots are available for the general public through a draw-based allotment process. Applicants are required to deposit 10 percent of the plot cost as registration money. The scheme is part of YEIDA's planned residential development around the airport region.Read more

22 Jan 2026

The Punjab government has approved plans to modernise bus terminals in Ludhiana, Jalandhar, Sangrur, Patiala and Bathinda to improve public transport facilities and commuter experience. The upgrades will be carried out through Public-Private Partnership (PPP) models under the leadership of Chief Minister Bhagwant Singh Mann. With terminals in Ludhiana and Jalandhar handling up to 1 lakh passengers daily, the initiative focuses on easing congestion and improving efficiency. Planned improvements include better waiting areas, upgraded sanitation, organised boarding, improved safety, lighting and parking facilities, along with barrier-free access. The revamped terminals are also expected to function as integrated urban hubs with commercial amenities, supporting smoother, safer and more convenient travel across key districts in Punjab.Read more

22 Jan 2026

New Zealand-based Fletcher Building has agreed to divest its construction division to France's VINCI Construction for NZD 315.6 million, with the consideration potentially rising to NZD 334.1 million subject to the finalisation of certain contracts. The sale forms part of Fletcher Building's broader strategic reset after recent earnings pressure and operational challenges within its construction business. The division includes Higgins, Brian Perry Civil and Fletcher Construction Major Projects. The transaction remains subject to regulatory approvals and is expected to close by the end of calendar 2026.Read more

22 Jan 2026

Rays Power Infra has secured an INR 1,912 crore order from a public sector entity to develop a 300 megawatt renewable energy project in Karnataka, further strengthening its position in India's fast-growing clean energy sector. The project will be developed within an upcoming renewable energy park and is scheduled for commissioning over the next three years. With this addition, the company's total order book has crossed INR 8,000 crore, reflecting strong momentum in utility-scale renewable energy development.Read more