In a letter to Railways Minister PK Bansal, Karnataka Chief Minister Jagadish Shettar requested approval for 11 new railway projects for the state. He informed the minister that the state government has already conveyed its willingness to provide land free of cost and share the cost of construction of the projects on a 50:50 basis. These projects include Tumkur-Kunigal-Maddur; Tiptur-Dudda; Gada
Author: admin (Infratructure Today)
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Govt decided to extend concessions for stalled road projects
At a recent meeting between finance minister P Chidambaram and road transport minister CP Joshi, it was decided to extend concessions to stranded highway projects under the public private partnership (PPP) mode.The concessions could include the possibility of developers backloading payouts to NHAI in the latter years of the concession period to offer relief early into the
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1,100 left out habitations in J&k to get road connectivity
Jammu and Kashmir Minister for R&B Abdul Majid Wani on February 23 said that the Union government approved revision of its core network to include as many as 1,100 left out unconnected habitations with population of 250 persons and above in Jammu and Kashmir under the Pradhan Mantri Gram Sadak Yojna (PMGSY).
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BECC launches residential project in Chennai’s Avadi
Chennai-based developer Bharat Engineering Construction Company (BECC) has launched a 2.2-acre residential project 'Alpha Lotus Towers' at Avadi in the city. The suburb to the west of Chennai has a mix of residential and industrial establishments.
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Report expects easing of home prices in Mumbai
In a research report on real estate sector, Kotak Institutional Equities said it expects property prices in key markets like Mumbai and national capital region to ease because of unaffordable prices, lower demand and liquidity issues. Prices in Mumbai, Gurgaon rose earlier because of delay in the launch of new projects, the report said. Laun new projects, the report said. Laun
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Budget 2013 expected to improve real estate sector
Optimism in the Indian real estate sector is slowly returning. It is a vital sector of the Indian economy that contributes significantly to the Indian GDP. Some of the issues faced by this sector include uncertain global headwinds, high inflation rates, subdued retail demand, high interest rates coupled with credit crunch, challenges associated with land acquisitions, stamp duty costs, non-standardised bye-laws and limited institutional exit options.
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Govt decided to extend concessions for stalled road projects
At a recent meeting between finance minister P Chidambaram and road transport minister CP Joshi, it was decided to extend concessions to stranded highway projects under the public private partnership (PPP) mode.The concessions could include the possibility of developers backloading payouts to NHAI in the latter years of the concession period to offer relief early into the
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Casa Grande’s luxury project launched in Chennai
Casa GrandeĆās has launched Casa Grande Platina, a luxury apartment project in Arumbakkam near Chennai. The project offers 26 spacious 3-Bedroom-Hall-Kitchen apartments on six blocks. The sizes range from 1,480 sq.ft to 1,652 sq.ft and are priced at around Rs 1.06 crore each, at Rs 7,200 a sq.ft.
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1,100 left out habitations in J&k to get road connectivity
Jammu and Kashmir Minister for R&B Abdul Majid Wani on February 23 said that the Union government approved revision of its core network to include as many as 1,100 left out unconnected habitations with population of 250 persons and above in Jammu and Kashmir under the Pradhan Mantri Gram Sadak Yojna (PMGSY).
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BECC launches residential project in Chennai’s Avadi
Chennai-based developer Bharat Engineering Construction Company (BECC) has launched a 2.2-acre residential project 'Alpha Lotus Towers' at Avadi in the city. The suburb to the west of Chennai has a mix of residential and industrial establishments.