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Avant Homes makes £109m loss

Regional house builder Avant Homes has racked up pre-tax losses of £108.9m from a turnover of £500m. Latest accounts for the firm’s holding company for the period to June 30 2023 reveal a string of exceptional items associated with building safety measures and costing errors on previous developments. Finance costs for loans also racked up

Welsh fit-out specialist files administration notice

Cardiff-based office fit-out and interiors specialist Paramount D&B has filed a notice of intention to appoint an administrator. The specialist contractor operates across Wales and the south west, employing around 50 staff out of its Cardiff and Bristol offices. Established over 30 years ago, Paramount delivers office design and fit-out services as well as construction

Lucknow Metro’s East-West Corridor DPR Approved

The Detailed Project Report (DPR) for Phase 1B’s East-West corridor of Lucknow Metro, extending from Charbagh to Vasant Kunj, achieved a significant milestone with its approval by the Network Planning Group (NPG) during a crucial meeting held in Delhi on July 9, 2024. This corridor spans 11.165 kilometers, comprising 4.286 kilometers elevated and 6.879 kilometers
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Pune Mayor Urges DPR for Hinjewadi Metro Route

Pune Mayor Murlidhar Mohol has instructed Maharashtra Metro Rail Corporation Limited (MahaMetro) to expedite the drafting of a Detailed Project Report (DPR) for the proposed Chandani Chowk to Hinjewadi metro route. This directive aims to significantly bolster Pune’s metro connectivity and address persistent traffic congestion along the busy Pune-Mumbai Highway corridor. The metro route’s strategic
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Jindal Steel to Build World’s Largest Plant in Odisha by 2030

The plant will boast an annual production capacity of 30 million tonnes, generating thousands of jobs and stimulating local economic activity. Angul’s rich mineral resources and existing infrastructure make it a strategic location for this large-scale endeavor. The project’s completion will significantly boost the local economy, providing a wide range of employment opportunities and ancillary
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Navi Mumbai Airport: March 2025 Launch Date

Navi Mumbai International Airport, slated to open in March 2025, will significantly improve connectivity across Mumbai, Pune, Thane, Kalyan, and western Maharashtra. Minister of State for Civil Aviation Murlidhar Mohol expressed strong confidence in the airport’s progress and assured ongoing discussions to resolve compensation issues for those affected by the project. Accompanied by Union Civil
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