Top Indian Infrastructure Industry News & Updates - 27 Jun 2023,Tuesday

🏢 Industry & SEZ

📝  PFS appoints Mahendra Lodha as CFO
📝  Centre creates Rs 10,000 crore Urban Infra Development Fund
📝  Centre approves over Rs 56,000 crore to 16 states for capital investment
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🏗 Construction

📝  Improved awarding and execution to benefit road construction companies
📝  L&T Construction bags significant orders worth Rs 1000 to Rs 2500 crore for its power transmission & distribution biz
📝  Infra.Market to acquire majority stake in Strata Geosystems for ₹910 cr
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🏘 Real Estate

📝  DDA's phase 4 housing scheme for 5,500 flats to open soon: Price, location, booking amount in 10 points
📝  Firms looking to increase use of flexible office space: Survey
📝  Co-living is shifting towards luxury & premium offerings: Housr CEO
📝  Corporates looking to increase use of flexible office space : CBRE
📝  Macrotech Developers emerges top bidder for Mumbai-based V Hotels
📝  Sebi releases compliance rules for REITs, InvITs
📝  HDFC sells mortgaged land to Lodha for Rs 70 crore
📝  Near to medium-term prospects look dim for India’s office-based REITs
📝  Fair valuations, rising prices augur well for realty sector returns
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🛍 Cement

📝  Shree Cement refutes media reports on Rs 23,000 crore tax evasion, says income tax dept survey still on
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🚙 Roads & Highways

📝  Highway construction target may be raised
📝  Taller highways construction targets being fixed ahead of 2024 elections
📝  Parthala Bridge is now open! Huge relief for Noida commuters – Route, cost and all key details here
📝  Asset Monetisation: NHAI preparing to retire over half of debt by FY30
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🚃 Railways

📝  PM Modi to flag off five Vande Bharat trains from Bhopal today
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