REIT vs Physical Real Estate: Which one is the better investment option?

REIT vs Physical Real Estate: Which one is the better investment option?

Smart investments in real estate backed by solid research can help in mitigating risk alongside posting higher ROIs than REITs, says Atul Goel, MD, Goel, Ganga Group. REITs are modeled…

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L&T constructs 7-storey facility for DRDO in record 45 days

L&T constructs 7-storey facility for DRDO in record 45 days

The Buildings Business of Larsen & Toubro has set a record by constructing the 7-storey, state-of-the-art Flight Control System (FCS) Integration Facility for the Defence Research and Development Organization (DRDO)…

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Bids invited for PRR project in Bengaluru

Bids invited for PRR project in Bengaluru

The Bangalore Development Authority (BDA) has floated a global tender inviting infrastructure firms to develop a greenfield 8-lane, 74 km Peripheral Ring Road (PRR) through a PPP on design, build,…

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Boris Johnson opens JCB's new factory in Gujarat

Boris Johnson opens JCB’s new factory in Gujarat

Prime Minister of UK Boris Johnson officially opened JCB’s newest factory in India as the company strengthens its global manufacturing presence. With 11 factories in the UK employing more than…

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RVNL enters into MoU with J K Cements’ subsidiary

RVNL enters into MoU with J K Cements’ subsidiary

Rail Vikas Nigam Ltd (RVNL) has entered into an MoU with Jaykaycem (Central) Ltd, wholly owned subsidiary of J K Cement Ltd, for development of approx. 50 km new Railway…

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Kharghar-Turbhe tunnel project in Navi Mumbai

Kharghar-Turbhe tunnel project in Navi Mumbai

The Kharghar-Turbhe tunnel project may see the light as Airoli MLA Ganesh Naik has put a demand in the state assembly during the budget session and the state government reportedly…

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UP Govt pushes Defence Corridor Project

UP Govt pushes Defence Corridor Project

UP Government has stepped up work on its ambitious Defence Corridor project across six nodes – Agra, Aligarh, Lucknow, Kanpur, Chitrakoot and Jhansi. The project, worth Rs 20,000 crore, has…

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Sterlite Power wins second power transmission project in J&K

Sterlite Power wins second power transmission project in J&K

Sterlite Power has received the Letter of Intent (LoI) from Power Finance Corporation Consulting Ltd to build, own, operate and maintain a critical transmission project in Jammu & Kashmir (J&K)…

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Kanodia Cement sets up Amethi unit

Kanodia Cement sets up Amethi unit

Kanodia Cement has set up a Cement Grinding Unit in Amethi District in Uttar Pradesh.  At present, Kanodia cement has installed a capacity of 2.80 million tons per annum with…

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Parsa Mining Project gets approval

Parsa Mining project gets approval

The Chhattisgarh Government has granted the final approval of non-forestry use of land and coal mining for Parsa Opencast Coal Mining project, which falls in Surajpur and Surguja districts of…

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Mumbai-Nagpur bullet train DPR submitted

Mumbai-Nagpur bullet train DPR submitted

The National High-Speed Rail Corporation Ltd (NHSRCL) has submitted a Detailed Project Report (DPR) of the proposed 700-kilometre bullet train corridor between Mumbai and Nagpur to the Railway Board. This…

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Mahindra Lifespace to build India’s first net-zero housing project in Bengaluru

Mahindra Lifespace to build India’s first net-zero housing project in Bengaluru

Mahindra Lifespace Developers Ltd, the realty arm of Mahindra Group, has announced an investment of Rs 500 crore to develop India’s first net-zero energy housing project, comprising around 550 units,…

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RR Kabel acquires Luminous Home Electricals business

RR Kabel acquires Luminous Home Electricals business

RR Kabel, one of the leading electrical manufacturing company and a part RR Global, US$ 1.25billion conglomerate has announced the acquisition of Luminous Home Electrical business from Schneider. This acquisition…

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Best Group to develop 1.2 mn sq ft mixed functional use project in North Delhi

Best Group to develop 1.2 mn sq ft mixed functional use project in North Delhi

Best Group, a progressive real estate development company with business interest in retail, commercial and residential development in Delhi NCR, has announced the commencement of construction of one its most…

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Adani Enterprises unit bags LoA for road project in Maharashtra

Adani Enterprises unit bags LoA for road project in Maharashtra

Adani Road Transport (ARTL) has received a Letter of Award (LoA) from National Highways Authority of India (NHAI) for a road project in Maharashtra worth Rs 2,008.47 crore. ARTL, a…

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