Union Finance Minister, Nirmala Sitharaman announced that the government will create a Rs 1 lakh crore Urban Challenge Fund aimed at transforming cities into growth hubs. The fund will finance 25 per cent of the cost of bankable projects, with an allocation of Rs 10,000 crore for 2025-26. The remaining 50 per cent will be...
Tag: affordable housing
Post
Post
Green Shoots of Project Finance!
A successful transition to new and renewable energy sources by the world’s fastest-growing major economy won’t only serve as a template for other countries but will also help firmly position it as a global green energy hub. A day after the ambitious Pradhan Mantri Surya Ghar Muft Bijli Yojana or Prime Minister’s free electricity scheme...
Post
Affordable Housing: Untapped potential whose time has come
The demand within the affordable housing segment remains robust. Given that the target customer of this segment typically relies on bank funding. Consequently, ICRA research has taken a note of the significant growth in the sub Rs 250 million category.
Post
India’s Intelligent Evolution
In June 2015, Prime Minister Narendra Modi announced his bold Smart Cities Mission, an investment of Rs 980 billion to develop 100 cities across the country into intelligent, sustainable and resident-friendly communities.
Post
Is India’s Rs.5.7 Trillion Infra Investments at Risk?
The infrastructure sector is highly responsible for propelling India's overall development. With intense focus, the government has initiated policies to ensure time-bound creation of world-class infrastructure in the country.
Post
GCDA keen on Marine Drive entertainment zone project
In order to provide the visitors a unique entertainment experience, the Greater Cochin Development Authority (GCDA) is set to come out with a draft of the proposed Marine Drive entertainment zone project.
Post
Is IndiaÂ’s Rs 5.7 trillion infrastructure investments at risk?
The construction core is being subject to a mockery through the use of inferior quality TMT rebars. Infrastructure Today investigates with analysis from FIRST Construction Council
Post
PMAY-U: A Boost For Urban Housing
According to economic survey 2015v16, the decade to 2011 saw inter-state migration of 60 million people and inter-district migration of around 80 million people. However, within the next four years, by 2015, the number of inter-state migrants increased by 45 million.
Post
Steel shining!
India is the third largest steel producer in the world after China and Japan and has an installed capacity of about 131 million tonne (mt) at present. It produced 101 mt of steel in FY2017 and consumed 84 mt during the same period.
Post
Post Budget Analysis | Metals: Iron and Steel
The government's thrust on infrastructure, which is one of the key end-user industries for the steel business, is an encouraging trend for steel demand. Within infrastructure, significantly higher capital expenditure earmarked for affordable housing, power transmission and railways is likely to augment steel demand.