Infrastructure Development
ROADS & HIGHWAYS

Infrastructure Development

PPPs accelerate road growth “Over the past decade, India’s road sector has experienced a significant transformation, fuelled by strong government backing and a surge in private-sector investment,” according to Anshumali Srivastava, Chief General Manager – Tech, NHAI. Speakin...

PPPs accelerate road growth “Over the past decade, India’s road sector has experienced a significant transformation, fuelled by strong government backing and a surge in private-sector investment,” according to Anshumali Srivastava, Chief General Manager – Tech, NHAI. Speaking about evolution of the sector since 2014, Srivastava highlighted how the shift from solely budgetary support to PPP models has been a gamechanger. Despite increased government spending, he said the sector still has an appetite for further investment, with private players stepping in to fill the gap. The reason for road accidents is faster roads “While India’s road infrastructure has significantly improved with high-quality construction and advanced geometric designs, there has been an unintended rise in accidents,” said Dr Tom V Mathew, Professor and Head of Civil Engineering, IIT Bombay. He emphasised that the new roads offer smoother driving conditions and higher speeds. But this increase in speed has led to a surge in accidents, not due to construction or design flaws but because drivers are unused to improved infrastructure. “The issue lies in driving behaviour and habits, which haven’t adapted to higher speeds enabled by new roads.” Leveraging technology for ambitious targets “As India’s infrastructure projects grow more ambitious, meeting tight construction deadlines has become increasingly critical,” said Nirmalaya Chatterjee, Country Vice President (Indian Subcontinent) Nemetschek Group. “We cannot double our workforce or contractors to match these targets. The solution is how effectively we can leverage technology to enhance efficiency and productivity,” he added, highlighting the vital role of digital tools in meeting India’s infrastructure demands. Cement targets net zero, doubling production “India’s cement and concrete production is set to double or even triple by 2070,” Kaustubh Phadke, India Head, Global Cement & Concrete Association (GCCA), said, emphasising the industry’s commitment to achieving net-zero emissions by that same year. “As India’s demand for construction materials continues to surge, GCCA is aligning with the country’s ambitious sustainability goals.” He added, “We are striving to reach net-zero emissions in concrete production by 2050, while also supporting India’s broader net-zero target by 2070 and the vision of a Viksit Bharat by 2047.” “We are here as builders to introduce all the technologies given by all the members of the dais,” said Aniruddha Nakhawa, Structural Consultants and Project Engineers, Builders Association of India (BAI). “One of our builders from Gujarat has set a world record for construction of a 100-km road in 100 hours.” The way ahead The discussion emphasised how these innovations are driving smarter, more sustainable road development across India, aligning with the country’s broader ambitions for economic growth and infrastructure modernisation.

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Real Estate

Emaar to invest Rs 1,000 crore in Gurugram housing project

Emaar India, a prominent real estate developer, has announced a major new project in Gurugram, one of the most sought-after residential locations in the National Capital Region (NCR). The company is investing approximately Rs 1,000 crore in the development of a luxury housing project named ‘Amaris.’ The project, situated on Golf Course Extension Road in Gurugram’s Sector 62, will span over 6.2 acres and is expected to feature 522 high-end apartments, with a total development potential of 15 lakh square feet. This project, launched in response to the growing demand for premium residentia..

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Infrastructure Urban

Punjab-Haryana HC slams ED over IREO money laundering investigation

The Punjab and Haryana High Court criticised the Enforcement Directorate (ED) for conducting a ‘slipshod and unprofessional’ investigation into money laundering cases involving IREO and its functionaries. The court directed the ED's director to address the lapses in the probe. The court noted that the accused company's real estate assets were allowed to be disposed of without proper oversight. Justice Kuldeep Tiwari issued these directives after being informed of a November 6 order by a coordinate bench, in which Gulshan Babbar sought the cancellation of bail granted to IREO MD Lalit Goya..

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Infrastructure Urban

Capitaland to buy 40% stake in SC Capital Partners for $209.31 mn

Singapore's CapitaLand Investment announced that it plans to acquire a 40 per cent stake in SC Capital Partners Group (SCCP) for $280 million. Additionally, the company intends to invest at least $524 million in SCCP. The acquisition of the 40 per cent stake in SCCP, a Singapore-based real estate investment manager, is expected to increase CapitaLand's funds under management (FUM) by $11 billion. The company explained that this move would strengthen its presence in Japan, its key market, where 76 per cent of the additional $11 billion FUM is located. In its statement, CapitaLand emphasised t..

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