The Palakkad division of Southern Railway has given its nod to a slew of projects aimed at giving a facelift to the Kozhikode railway station. The new projects include developing a new parking area, installation of two escalators at a cost of Rs. 2 crore, and more rooms to be constructed at the Railway Protection Force (RPF) building.

Private equity investment in Indian retail real estate assets is expected to pick up in 2021 with global funds like GIC, Blackstone, Warburg-Runwal, and Lakeshore showing interest. As per ANAROCK Research, 2019 saw total PE investments of about $968 million in retail real estate, before a Covid-induced slowdown.

The Union cabinet has approved Rs. 5281.94 crore for the 850 MW Ratle Hydroelectric Project on the Chenab river in Jammu and Kashmir, which will be developed by a joint venture company to be incorporated between National Hydroelectric Power Corporation and Jammu & Kashmir State Power Development Corporation Ltd.

Industrial Entrepreneurs Memorandum (IEM) was filed with Department of Industrial Policy & Promotion on 12/07/2020 providing software services and IT ITES work

Industrial Entrepreneurs Memorandum (IEM) was filed with Department of Industrial Policy & Promotion on 12/07/2020 Solar Power Plant

The Central government would set up three bulk drug parks to make chemicals compounds or active pharmaceutical ingredients (APIs) for medicines and reduce their imports from China. The parks will be set up at a cost of Rs. 14,300 crore in partnership with states to make chemicals for live-saving drugs.

The Ministry of Food Processing Industries has seen 46 food processing projects being completed or operationalised recently, including 3 mega food parks, 15 cold chains, 21 units, and seven food testing laboratories. Together, these created additional processing and preservation capacity of 31.52 lakh million tonnes per year.

The Haryana cabinet has approved amendments in the Affordable Housing Policy 2013 and the Haryana Development and Regulation of Urban Areas Act 1975 for change in Minimum Area Limit, Project Area Limit, Increase in Commercial Component, and Parking Provisions, which is expected to boost affordable housing in the state

With Visakhapatnam set to become the executive capital of Andhra Pradesh, the city seems to be growing. Realtors are busy building affordable housing on the city outskirts, expecting to attract the middle-income segment, as flats in Vizag city are steadily becoming costlier. Over 10,000 units are coming up on the city’s outskirts.