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Lack of civic infra hinders housing projects in SEZs

Lack of civic infra hinders housing projects in SEZs

Real estate developers feel that one of the key impediments in setting up affordable houses in Special Economic Zones (SEZs) is lack of basic civic infrastructure. Developers also opined that the new industrial policy of the Maharashtra government earmarking 40 percent of land for SEZs might not see substantial land being used for housing purposes in Pune district. Maharashtra Industrial Development Corporation (MIDC) feels that majority of the notifi

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Experts call for special policies, laws for towns

Experts call for special policies, laws for towns

Experts who attended the recently held Institute of Town Planners India (ITPI) congress called for a series of legislations and policies for the development of towns. For example, the Chief town planner for Gujarat PL Sharma stressed on the need for special legislations in the w

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TN govt to spend Rs 66.5 bn

TN govt to spend Rs 66.5 bn

The Tamil Nadu government plans to upgrade civic amenities like drinking water supply, drainage, sewerage, solid waste management across urban areas in the state at an investment of Rs 6,654.03 crore.

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Kochi metro plans SPV for transport project

Kochi metro plans SPV for transport project

In order to facilitate coordinated planning and implementation of the cityÂ’s transportation network, Kochi Metro Rail (KMRL) plans to set up a special purpose vehicle. The SPV, which would be set up under the aegis of the Unified Metropolitan Authority, would focus on the development of Kochi city's waterways, which will be integ

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Kochi metro rail project to be executed by DMRC

Kochi metro rail project to be executed by DMRC

Union urban development minister Kamal Nath informed media persons that Delhi Metro Rail Corporation (DMRC) would have the full responsibility of executing the Kochi metro rail project, including inviting global tender and technical support. This was decided at the high-level meeting of key officials from DMRC, Kochi Metro Rail, Kerala gove

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HUDCO to raise Rs 50 bn via bonds

HUDCO to raise Rs 50 bn via bonds

In order to provide long-term funds for housing and urban infrastructure projects, Housing and Urban Development Corporation (HUDCO) decided to raise a maximum of Rs 5,000 crore through issue of tax-free bonds. The bonds, which are expected to hit the market in a few days, would be listed on the NSE. SBI Capital Mark

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Govt prepares waste management plan

Govt prepares waste management plan

Karnataka Chief Minister Jagadish Shettar prepared plans to set up a modern and scientific waste management system in Bangalore. The plan, which aims to set up one processing unit in each of Bangalore’s 28 assembly constituencies, aims to decentralize waste processing in the long-term.

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