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Sterling and Wilson bags MEP contract for Cochin Intl airport

Cochin International Airport Ltd has awarded the mechanical, electrical, and public health system contract for the new international terminal at Nedumbassery in Kerala, to Sterling and Wilson, part of Shapoorji Pallonji Group. CIAL is the first green field airport in the country built with public-private partnership. Additionally, it is ranked as the fourth largest international airport in India in terms of ...

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KONE launches new elevator for mid-rise residential segment

KONE has now introduced its new range of gearless, compact, machine-room elevators for the low and mid-rise residential segment - KONE I MiniSpace. Earlier this year, KONE had launched the KONE I MonoSpace, which is a gearless, machine-room-less product for the low-rise residential segment. With its comfort and energy savings, KONE I MiniSpace is designed to take the quality of elevator experience higher. “ ...

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Govt to award 100 highway projects on PPP next year

The government is planning to award over 100 road projects under the public-private partnership mode in the next financial year. Road Transport and Highways Minister Nitin Gadkari said the projects will be awarded on the newly conceived hybrid annuity model. “We will give projects on a platter with land acquisition and environment clearances to the investors,” Gadkari said. “It will be a lucrative propositi ...

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Road to recovery

There are some clauses that need to be looked at when buying distressed properties, says ANUJ PURI   Distressed properties are those where the owner has taken a loan against property to acquire the asset and been unable to service his debt obligations. Due to the owner’s falling behind on the EMI payments for 4-5 consecutive cycles, the property has been seized by the bank as collateral, and will be so ...

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Hoping for the best

The industry is hopeful that Excon 2015 trade fair will be a game-changer. BY TEAM CW   The biggest trade fair for the construction and infrastructure industry is round the corner. From November 25-29, every company playing in this sector will gather at Bangalore International Exhibition Centre (BIEC) which is expected to attract over 800 exhibitors and 32,000 visitors from across the globe. With the e ...

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Hot 100 developers

The 7th anniversary brings you a list of remarkable developers in infra & real estate. BY TEAM CW How do magazines celebrate an anniversary? Get a new logo and a new look, rework content to reach out to a wider and newer reader base, organise a fête or something akin to that...the possibilities are numerous. But we are doing no such thing. With this issue, we welcome the 7th Anniversary of the magazine ...

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Piramal Realty launches holistic living at Thane: Piramal Vaikunth

Piramal Realty, the real estate development arm of Piramal Group, has launched a holistic living residential complex: Piramal Vaikunth at Thane. The mixed-use project is designed by HOK. The destination will feature high-rises, townhouses, world-class amenities, a spiritual learning centre, and a retail boulevard, all nestled in a 32-acre oasis. Buyers can select from 2- to 3-bedroom apartments, duplexes or ...

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HCC awarded Rs 1,783 crore contract by NHAI

Hindustan Construction Company (HCC) has been awarded a prestigious NHAI contract worth Rs 1,783.42 crore for constructing a 36km highway which includes 3kms of tunnels between Ramban and Banihal in Jammu & Kashmir. The project is a part of NHDP Phase-II program of NHAI on NH1A (now NH44) and is known for its difficult terrain and low temperatures especially in winter seasons. The NH1A is major road connect ...

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Philips Lighting announces Hue in India

Philips Lighting has launched a dynamic web-enabled LED home lighting system in India – Philips Hue. It has redefined the possibilities of LED technology by integrating the digital light source with the Internet of Things concept. The personal wireless lighting system - Philips Hue allows users to create and control home lighting using their smartphone or tablet. The Philips Hue range for India will include ...

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No risks from huge capacity addition target: NTPC CMD

Allaying apprehensions arising out of company’s huge capacity addition target, state-run NTPC CMD AK Jha said that India needs to increase power production to achieve over 8% economic growth, when asked about risks of financial burden due to huge capacity addition target of 23,000MW in a situation when private players are facing problems. He added, “We don’t think we will face any such situation. Secondly, ...

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