Housing prices appreciate up to 65% in Tier II cities since 2023: PropEquity report
Real estate projects in top tier II cities rose upwards of 65 per cent on an average since 2023, according to online real estate data and analytics platform PropEquity.

Commerce Ministry ready to extend hybrid model for IT units in SEZs by at least 2 years
New Delhi: The Commerce & Industry Ministry has decided to recommend an extension of two years or more to the hybrid working model of IT-ITeS units operating in SEZs beyond the year-end when the one-year extension given last year is set to lapse, sources said.

₹100 trillion infrastructure plan to roll out over 5 years
New Delhi: A grand plan to build India’s infrastructure to a new level is in the works. Such a blueprint would work towards leveraging the vast amounts of money being pumped in by both the central and state governments, as well as the private sector, three people aware of the development said on condition of anonymity.

Building materials sector offers big promise
The building materials sector has exhibited remarkable growth over the past five years, with aggregate market capitalisation of key companies tripling during this period. This robust performance has largely been driven by favourable macroeconomic factors, including pent-up demand following the pandemic and significant market-share gains by leading players across various sub-categories.

UltraTech’s India Cement buyout under CCI scrutiny
 

Goregaon Mulund Link Road: Realignment of 6.5-km twin tunnels approved – Know what’s next
The Brihanmumbai Municipal Corporation (BMC) has approved a realignment of the 6.5-km-long twin tunnels for the Goregaon Mulund Link Road (GMLR) project, increasing the cost by Rs 248 crore, The Indian Express reported. These tunnels, which will connect Goregaon in the western suburbs to Vikhroli in the east, will pass under the Sanjay Gandhi National Park (SGNP).

Shaktipeeth Expressway update: Farmer leader raises objection, demands just compensation for farmers in Rs 86,000 cr project
Farmer leader Raju Shetti on Sunday criticised the Maharashtra government over the proposed 802-km Shaktipeeth Expressway, alleging inflated land acquisition costs and inadequate compensation to farmers.

DPR on Rs 1,200-cr expressway to connect Banashankari with NICE Road soon
Bengaluru: Bruhat Bengaluru Mahanagara Palike (BBMP) is preparing a detailed project report (DPR) on the proposed expressway to connect Banashankari with NICE Road.

Delhi-Meerut RRTS Stations: NCRTC announces integrated parking and commercial spaces plans
The National Capital Region Transport Corporation (NCRTC) has unveiled plans to develop integrated parking and commercial spaces at key stations along the Regional Rapid Transit System (RRTS) corridor. This initiative, announced on Saturday, is aimed at enhancing passenger convenience while optimising station areas for commercial use.

Mumbai-Ahmedabad Bullet Train: Comprehensive maintenance plans for effortless high-speed travel
The Mumbai-Ahmedabad High-Speed Rail (MAHSR) project is set to revolutionize rail travel in India, and alongside its state-of-the-art technology, efficient and systematic maintenance plans are being put in place to ensure its smooth operation. Three maintenance depots—located at Surat, Thane, and Sabarmati—will play a crucial role in keeping the rolling stock and infrastructure in top condition for high-speed travel.

Vande Bharat Sleeper Trains: First prototype manufactured, field trials to begin soon
The first prototype of the Vande Bharat sleeper trainset has been manufactured and is set to undergo field trials soon. Railway Minister Ashwini Vaishnaw shared this information in a written reply in the Rajya Sabha on Friday, adding that the rollout timeline would depend on the successful completion of these trials.

Railways Minister Ashwini Vaishnaw inaugurates Cuttack Railway Station’s east side building
Railway Minister Ashwini Vaishnaw inaugurated the east side (national highway side) station building at Cuttack Railway Station, marking a significant milestone in improving transportation infrastructure in the region.

New railway lines to boost Odisha’s connectivity as President Murmu inaugurates projects
President Droupadi Murmu laid the foundation stones for three significant railway lines in Odisha on Saturday. The new lines-Buramara-Chakulia, Bangriposi-Goumahisani and Badampahar-Keonjhargarh were inaugurated during a ceremony attended by state’s Chief Minister Mohan Charan Majhi, Railway Minister Ashwini Vaishnaw, and Union Tribal Affairs Minister Jual Oram and among others.

Rail freight loading slowdown continues; November sees 1.4% growth
 

India’s Maritime Future: Sarbananda Sonowal outlines plans to elevate port infrastructure and cargo handling
India is poised to become a global leader in the maritime sector by enhancing port infrastructure, boosting cargo handling capacity, and building a robust shipbuilding and repair ecosystem, according to Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal.

We will not disturb Adani port at Vizhinjam: Kerala industries minister
Kerala is not focussing on big polluting industries and has instead identified 22 priority sectors including artificial intelligence, robotics, biotechnology, spice processing, tourism, and logistics for the state’s growth, says industries minister P Rajeeve. In an interview in Delhi with Indivjal Dhasmana, the minister spoke about several initiatives the government is taking to woo businesses to these sectors and to project Kerala as an attractive destination for investors.

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