By the end of the last century, the world transitioned from predominantly rural to equal rural-urban living. Many estimates predict that by year 2050 two-thirds of the world's population will live in cities due to the ever-increasing rural to urban migration.
Tag: Construction
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We will directly deal with land-owners if acquisition is delayed
Mangu Singh, Managing Director, Delhi Metro Rail Corporation (DMRC) indicates that challenges around land acquisition have slowed down the ongoing extension of metro rail network. Therefore, if the need arises again, the metro rail operator in the Delhi National Capital Region (NCR) will not be averse to negotiating directly with private landowners.
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Huntsman Textile Effects inaugurates underground 500 KL water tank
Huntsman Textile Effects unveiled an underground water tank it constructed to help address the shortage of water faced by Luna village. The newly constructed 500 KL underground water tank stores potable water to meet the needs of thousands of villagers.
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Lodha UK raises USD 375 million construction finance
Lodha UK, the London based development arm of IndiaÂ’s largest real estate developer, Lodha Developers, has raised USD 375 million (GBP 290 million) as construction funding for its Lincoln Square development in London, located adjacent to the London School of Economics (LSE) and close to Covent Garden.
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HCC-HSEPL JV wins Rs 673 crore order in Rajasthan
HCC, as a lead partner in the joint venture with HSEPL has been awarded Rs 672.99 crore contract on EPC basis for the construction of Parwan Gravity Dam by the Water Resources Department, Government of Rajasthan. HCCÂ’s share in the JV is 90% (Rs 605.70 crore).
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Trench Shoring
India is currently witnessing a surge in construction activities, and the objective is to streamline project delivery by reducing risks and mishaps. Keeping this objective in mind, the Bombay Chamber held its first seminar in the 'Infrastructure Innovation Series' in collaboration with SBH Germany on the topic of 'Trench shoring'.
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Moving beyond Smart Cities
An estimated 30 people will leave rural India for urban areas every minute during the next 20 years. At this rate, in the next two decades, most Indian cities are likely to double their size in terms of population and more than double in area.
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InvIT provides a window for unlocking invested capital
With IRB raising Rs 5,035 crore by unlocking six projects, Virendra Mhaiskar, Chairman and Managing Director, says that the entity would repay the entire debt on these Special Purpose Vehicles (SPVs), amounting to Rs 3,350 crore.
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Richa Industries receives Rs 35-crore order from Delhi Metro Rail Corp
Richa Industries Limited, a construction and engineering company, has secured an order worth Rs 35 crore from Delhi Metro Rail Corporation (DMRC) for constructing six elevated Metro stations on the Mukundpur-Shiv Vihar Corridor and a depot-cum-workshop of the Jahangirpuri-Badli Corridor Phase III of Delhi MRTS.
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CITIC Investment Co delivers China Zun Tower in an innovative factory setting
China Zun Tower, part of the rejuvenation of BeijingÂ’s Central Business District (CBD), is a symbol of the countryÂ’s national identity. The skyscraper will be home to CITIC Group and CITIC Bank headquarters and attract international financial institutions and top 500 enterprises of China to Beijing.