The PPP way of creating infrastructure in India has waned. Things got compounded by inherent risks that were stacked up upon the private sector, resulting in a bouquet of heavily invested infra projects getting waylaid and now languishing due to delays and cost overruns
Tag: Gurgaon
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Haryana Govt to form JV for industrial township
The HSIIDC and CFLD have formed a JV to develop an industrial township in around 1,500 acres of land, spread across Sohna and Manesar in the Gurgaon district, Haryana. The township will cost about Rs.33,595 crore.
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IL&FS bags Rs.375-cr metro contract
IL&FS Engineering and Construction Company has bagged a Rs.374.64 crore project from Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) for construction of viaduct corridor.
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Metro projects should not be a symbol of status: Experts
If there is money and technology, then opting for a metro project works. But if it's only for a status symbol, then it's not a well-deserved investment. Other investments should be explored before jumping on the metro bandwagon.
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Gurgaon realty prices up thanks to Rapid Metro
For residents of MG Road, DLF Phase II and III in Gurgaon, the Rapid Metro will become a boon. It will also add sheen to the commercial properties in DLF Cyber City. Cushman and Wakefield says that since the start of construction of Rapid Metro in 2010, the residential properties on MG Road, DLF Phase II and III witnessed an appreciation between 35 per cent and over 100 per cent.
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Airport metro extension
The Delhi Metro Rail Corporation (DMRC) may consider extending the airport metro corridor to IFFCO Chowk in Gurgaon so that the ridership as well as property development revenue of the line can be boosted. The proposal has been made by the Urban Development Ministry.
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Sohna Road in Gurgaon needs foot over-bridges
In Gurgaon, the Sohna Road has now turned into accident-prone one. Number of speeding vehicles on the road have gone up and lack of foot overbridges and subways is seen as the main reason for the accidents. Absence of foot over-bridges on the road is endangering the lives of pedestrians who cross the busy road.
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Project management lessons
As economic uncertainty continues to rage, organisations are recognising the value of project management as a critical capability that will steer them towards their business goals.
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Re-carpeting of MG Road in Gurgaon to end in 6 months
The Haryana Public Works Department (PWD) has stated that the re-carpeting and re-construction of MG Road in Gurgaon will be completed within six months. The heavy vehicular traffic on the stretch was delaying the work, PWD authorities said. The work was taken up last month when Gurgaon and Delhi surburbs were witnessing heavy rains.
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No green nod needed for widening road in Gurgaon
In Gurgaon, the District Pollution Control Board has ruled out the need for an environmental clearance for the widening of the road connecting the Ambience Mall to sectors 55 and 56. The pollution control board had submitted an affidavit in this regard to the National Green Tribunal (NGT) on July 10 after the latter issued a directive that an environment clearance was mandatory from the Union Ministry of Environment and Forests (MoEF).