Top Indian Infrastructure Industry News & Updates - 29 July 2023,Saturday

🏘 Real Estate

📝  Macrotech Developers to launch 22 realty projects by March next year with Rs 12,560-cr sales potential
📝  Lodha to follow percentage completion method for revenue recognition
📝  ArisUnitern plans to raise ₹350 cr via alternative investment fund
📝  Real estate industry experts voice concern over lack of registration of realty projects in Delhi
📝  UP government’s new township policy to help the real estate sector
📝  Key factors driving the growth of commercial real estate in India
📝  Realty tycoon Menda pushes back global foray to double down on booming India
📝  We expect debt to be around Rs 5,000- 6,000 cr by end of this fiscal: Abhishek Lodha, Macrotech Developers
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🛍 Cement

📝  Shree Cement's West Bengal plant starts commercial production
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🚙 Roads & Highways

📝  Bihar State Highways to get an upgrade! ADB, India sign $295 million loan pact to enhance connectivity via roadways
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🚃 Railways

📝  Vande Bharat in revival mode! Indian Railways to phase out old coaches and manufacture 8000 new ones – All about construction, cost and launch
📝  Empowering Northeast: How Indian Railways strengthened rail connectivity in last nine years
📝  Mission Raftaar: Indian Railways is increasing the average speed of goods trains – Here’s how
📝  In last 9 years, about 40,000 km of rail lines have been electrified in India: PM Modi
📝  Railways likely to transport over 880 million tonnes of coal by FY25
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🚢 Ports

📝  Cargo handling capacity of ports to rise in 2024
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