Experts feel there is definitely more activity on the ground now compared to a year ago. Public sector enterprises have started spending on projects and are also ordering equipment

Amid signs of a revival in the industrial cycle, the capex plans of large companies such as Reliance Industries are creating traction in the infra space. The company’s petcoke gasification project will see investments of $4 billion over the next three years. The company is also setting up a petrochemical cracker for an investment of $8 billion. The project management firms for these have been finalised and ground work has started in Jamnagar. Analysts say the project site could require at least 1,000 cranes and companies such as Sanghvi Movers could finally see business improving two quarters down the line when work commences.

In 2011-12, projects covering 7,994 km were awarded

After a three-month lull, the government has set the ball rolling for giving out Rs 14,000-crore worth of national highway projects. About 40 companies will be in the fray for 30-odd projects in this tranche. The National Highways Authority of India (NHAI) and the road transport and highways ministry are currently engaged in appraisal of the request for qualifications, said a senior ministry official.

Bihar government's ambitious Ganga Express-way project today suffered a major setback as none of the selected companies participated in the final bid. The State government has now ordered a review of this project.

The state government envisioned this Rs. 2,224 crores worth project to provide 22 KMs long four lane congestion free road link within Patna. According to the officials, once completed, it would change the look of the state capital. Government approved the project in August and planned to construct the road on private-public partnership (PPP) model.

Attacks Y.P. Singh for making accusations based on “half-baked information”

Slamming former IPS officer and lawyer Yogesh Pratap Singh for levelling “baseless accusations” at him, Maharashtra Industries Minister and senior Congress leader Narayan Rane on Friday said that all the clearances in the Lavasa Hill city project were given as per law. Mr. Singh had accused Nationalist Congress Party President (NCP) president Sharad Pawar and his family of being neck-deep in corruption in the controversial housing project, while also alleging inaction on Mr. Rane’s part. Mr. Rane was the State Revenue Minister when the project received the clearances.

Submitting an application before the Punjab and Haryana High Court in a case pertaining to the depletion of groundwater in Gurgaon, Qutab Enclave residents’ welfare association former president R.S

New Delhi: Mocking Union ministers P Chidambaram, Salman Khurshid and Veerappa Moily for their defence of Robert Vadra, activistturned-politician Arvind Kejriwal on Tuesday pointed out that in 2007

In what spells trouble for the infrastructure sector, around Rs 25,000-crore highways projects are awaiting funding and seeking extension of financial closure deadline. These projects constitute 23 packages and comprise 2,500 km of construction.

The project award pace of the National Highways Authority of India (NHAI) has also slowed down with just over 600 km of highway projects awarded in the first half of the financial year against the ambitious target of 9,500 km set by the prime minister, said Minister for Roads and Highways C P Joshi.

Ahmedabad: The traditional middle-range housing and migrant population are going to set the rules for Ahmedabad’s real estate market in the coming years. A report on housing demand in eight big cities of India, suggest that Ahmedabad will see a fresh demand of 173,394 units for 2012-16. The report pegs the current supply of houses in Ahmedabad at 51,000 units.

Released by global real estate consultancy Cushman & Wakefield (C&W), the report ‘Evolving Paradigm - Future Of Indian Real Estate’ says that nearly 80% of the demand in the city will come from the mid-ranged category. The high-end category will make up for the remaining 20%.

The Andhra Pradesh government's decision to do away with the bidding mode for awarding sand reaches has come as a great relief for the construction sector, which since April this year has been reeling under the twin problems of supply shortages and abnormal price.

The authorities have now fixed a rate of Rs 325 per cubic metre inclusive of government cess that comes to about Rs 195 per tonne onsite, besides fixing an end user price for sand after adding the transportation costs.