Apart from leasing its headquarters building in Mumbai, cash-strapped Air India has identified some more properties to monitise them in order to raise Rs 5,000 crore as part of its turn around and financial restructuring plan, Civil Aviation Minister Ajit Singh said on February 27. Air India has identified land at Chennai, Coimbatore and Kolkata, residential plot at DLF Phase-III Gurgaon, a residential apartment in Kolkata and four unoccupied flats in Mumbai, Singh said this in the Lok Sabha.
Tag: Mumbai
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A success story in demolitions
It's twilight on a rather cold day in late November as work grinds to a halt on the Pakuria Bridge. Or whatever is left of it. Since demolition work began on the 1-km bridge some four weeks ago, 30 of the 32 spans of the bridge, each spanning 26 m,
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Mumbai’s Jogeshwari-Vikhroli Link Road left uncared for
Road users in Mumbai's Jogeshwari-Vikhroli Link Road, which meets the Western Express highway, complain of pathetic state of the roads. Commuters who regularly takes this road to reach their Goregaon office wonder aloud whether this is the kind of infrastructure deserved by a metropolis which pays huge taxes.
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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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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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Mumbai to have cell to tackle hurdles in road widening
To remove bottlenecks in widening of roads in Mumbai, the Bruhanmumbai Municipal Corporation (BMC) has decided to form a special cell that will be staffed with retired officials. The cell will be tasked with identifying and help in removal of bottlenecks on roads so that their widening can be expedited.
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Mumbai to have cell to tackle hurdles in road widening
To remove bottlenecks in widening of roads in Mumbai, the Bruhanmumbai Municipal Corporation (BMC) has decided to form a special cell that will be staffed with retired officials. The cell will be tasked with identifying and help in removal of bottlenecks on roads so that their widening can be expedited.
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15 firms bid for Mumbai’s Pedder Road flyover contract
In Mumbai, as many as 15 infrastructure companies have evinced interest in the controversial Pedder Road Flyover project and their representatives attended a pre-bid meeting held by Maharashtra State Road Development Corporation (MSRDC) on January 28.
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RIL plans multi-purpose telecom towers
Reliance Industries plans to set up three-in-one telecom towers, starting with Mumbai, as it readies to launch fourth generation telecom services across the country. RIL is slated to launch 4G operations this year through its subsidiary Infotel Broadband.Infotel Broadband plans to set up towers that would support its 4G equipment (base transceiver stations) and video cameras for street surveillance.
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Pedder Road flyover project in Mumbai face hurdles
The Pedder Road flyover project in Mumbai has hit another stumbling block. Tenders for the much-delayed project have already been floated by the Maharashtra State Road Development Corporation (MSRDC) but other government agencies have expressed reservations.