The Cabinet Committee on Economic Affairs (CCEA) has approved the award of 31 contract areas as part of the Discovered Small Field (DSF) Bid Round 2016.
Author: admin (Infratructure Today)
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Contract awarded for 31 Tamil Nadu oil fields
The Cabinet Committee on Economic Affairs (CCEA) has approved the award of 31 contract areas as part of the Discovered Small Field (DSF) Bid Round 2016.
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India is important in terms of the urbanisation discussion
ISO certification could be a key to understand the challenges and responsibilities of dealing with rapid Indian urban growth, says Matthew Lynch, Vice President, Global Partnerships & Initiatives, World Council on City Data.
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Bonding with the Best
With 89 Smart Cities having initiated the credit rating process for municipal bonds, and instruments worth Rs.3,000 crore on the issue horizon, the fiscal future looks ideal for these prime urban spaces.
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We are trying to make a case for open data
development and development issues are a priority. In the last few years, the efforts have been to look at what are those path-breaking innovative ways in which system strengthening can also happen.
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Infra status for housing was long-awaited
Yes, we believe that with the affordable housing sector being accorded infrastructure status, coupled with the area limit being increased, developers will now have greater access to low-cost funding for longer tenures, and hence will be inclined to get into this segment.
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Afordable housing has big-ticket opportunities
Low-cost housing is a volume business. Private companies would be interested in this business only when there is scale. The intention of the government to give this sector infra status is to offer access to low-cost funding for the sector.
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India is on the cusp of large-scale urbanisation
Infrastructure status for affordable housing was a long-standing requirement of the sector. This move should boost the volume of construction activity across the country, which has been struggling with reduction in the number of projects being launched over the last few quarters.
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Affordable housing is now lucrative for real estate majors
The announcement of infra status for the affordable housing segment in the Budget will open up new avenues for developers planning to offer budget housing units and will make it easy and comfortable for them to get finance from lending agencies.
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We tend to thrive in volatile environments
We have been in business for nine years; our 10th year anniversary is in July. We always found that economic environments that are increasing or contracting are best for us. I might say it in another way. We tend to thrive in volatile environments where organizations are required to be ready for change.