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The company was founded by J. R. D. Tata to create a complete consortium that would take on projects, Division of Tata Sons for engineering procurement and construction projects. [ 3 ] Founded in 1979, the company carries out industrial and urban infrastructure projects.
With a net asset base of nearly US$25 billion, it is one of India's largest infrastructure development companies. GMR Group is famous for operating the Indira Gandhi International Airport in Palam, Delhi. As per the Forbes list of India’s 100 richest tycoons, dated October 9, 2024, Rao is ranked 78th with a net worth of $3.99 Billion. [2]
The Government of India founded the National Investment and Infrastructure Fund Limited (NIIFL) in February 2015 as a sovereign-anchored fund. [11] [12] Its creation was announced in the Union Budget of 2015-16 by the then Finance Minister Arun Jaitley. [13] [14] [15] In October 2016, Sujoy Bose was appointed as the managing director and CEO of ...
IRB Infrastructure executed India's first ever BOT (build-operate-transfer) project, the Thane-Bhivandi Bypass. Over the years, its BOT portfolio (operational projects and projects under construction) in the country grew to a total length of around 12,000-lane km. IRB executed projects like the four-laning of the Goa-Karnataka border from Karwar to Kundapur section of NH66, Agra-Etawah Bypass ...
Unitech Limited is an Indian real estate investment company headquartered in New Delhi, [3] and once claimed to be the largest real estate builder in the country. [4] [5]The company is based in New Delhi [3] and ranks 1484, in Forbes Global 2000 listing of the top 2000 public companies in the world by Forbes magazine, 32nd in India. [6]
Aliens Group was founded in 2004 by Hari Challa and Venkat Challa. [1] Its projects include Aliens Space Station, a residential skyscraper in Gachibowli, Hyderabad; at 120 metres (390 ft), it is currently tallest brick mortar structure, and will be amongst top ten or twenty buildings in when completed fifth-tallest building in the city. [3]
Construction-only loan – A loan to pay for construction costs by disbursing funds in increments as project milestones are met; generally has a repayment period of one year or less
The construction industry of India is an important indicator of the development as it creates investment opportunities across various related sectors. With a share of around 8.2%, the construction industry has contributed an estimated ₹670,778 crores (US$ 131 billion) [1] to the national GDP at factor cost in 2011–12. [2]