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Real estate giant Indiabulls on Thursday emerged as the highest bidder for the state government's prestigious Mantralaya modernisation project with a bid of Rs1,376 crore. The second highest bidder was IL&FS at Rs1,210 crore, followed by Dynamix Balwa Realty at Rs1,200 crore.

The modernisation project -- which will change the skyline of south Mumbai once again -- will involve refurbishing Mant
Realty player Omaxe today said it has received approval from the Mathura-Vrindavan Development Authority, Uttar Pradesh, for the construction of township with an investment of Rs 250 corer.

The company has received approval for the construction of a township Omaxe Eternity at Vrindavan, Omaxe said in a filing to the Bombay Stock Exchange.

Omaxe had earlier received approval on its Detailed
In a bid to support Nepal’s beleaguered peace process and check China’s growing influence, India has decided to pump in crores of rupees into the neighbouring nation’s infrastructure. On the day Nepal’s Prime Minister Madhav Kumar Nepal started his five-day visit to India, the government at a high-level meeting took a decision to fund three large infrastructure projects, which will increase borde
At least 15 people were injured, including seven policemen, as hundreds of farmers clashed with cops in West Bengal's Burdwan district Wednesday over the proposed expansion of a power plant project by the Damodar Valley Corporation (DVC).

A group of agitators, under the banner of Trinamool Congress-backed Krishi Jami Raksha Committee (Save Farmland Committee), came out in Andal village and tri
The Ministry of Road Transport and Highways is actively pursuing mega projects in the highways sector to attract international players. These will involve contracts running to Rs 4,000-5,000 crore and building highways of over 500 km. The concession period of the projects will be in the 30-50-year range. “The idea is to bring international best practices, contractors and investors into the Indian
Russia's tallest building, a Moscow office and residential complex under construction by flamboyant developers Mirax, is under threat of seizure by a court to cover a debt owed to Alfa Bank, court documents showed. The Moscow Arbitration Court ruled against a Mirax unit which owns Federation Tower, a two-pronged blue glass skyscraper designed to house the headquarters of VTB bank, a hotel and fla
A plot of land in Mira Road has become the bone of contention between veteran actor Jeetendra and RNA AA Builders. The 65-year-old actor, who wants a quick resolution to the dispute, has been driving down from his Juhu residence to the Kashimira police station on the Mumbai-Ahmedabad highway every day, a fact that has generated considerable excitement in the locality. Jeetendra said he purchased
In what could bring huge embarrassment to the country, key Commonwealth Games (CWG) projects -- including games venues, infrastructure for conducting the sports and major city upgrade plans -- are running so much behind schedule that there's a real threat of India's showpiece Games turning into a non-event.
The Comptroller and Auditor General (CAG), which early this month submitted an evaluation
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