Construction
VIJAYAWADA: Obtaining land for the affordable housing project is demonstrating to be a huge objection for the Vijayawada Municipal Corporation (VMC). While it has previously zeroed in around 500 acres, the civic body requires to obtain 200 acres more extra to build 70,000 affordable homes in the city. However, tenants of nagara Panchayat encircling the city are not especially [...] Continue Reading »
Property developers in the Delhi-NCR region are partnering financially strong developers from the country’s South and West to restart stuck realty projects in the backdrop of a constant cash crisis, the powerful Real Estate Regulatory Act (RERA), and the warning of being taken to the National Company Law Tribunal (NCLT). Financially sound companies like Godrej Properties, Prestige Group, and Kalpataru [...] Continue Reading »
The 48th meeting of the Central Sanctioning and Monitoring Committee (CSMC) under Pradhan Mantri Awas Yojana (Urban) on Friday has approved 371 recommendations from participating states and Union Territories for construction of 2,31,532 lakh houses with an overall investment of Rs 7,322 crore including central help of Rs 3,473 Cr. A total of 7-states/UTs participated [...] Continue Reading »
With officials issuing Rs 800 crores for this purpose, construction activity on the Delhi Metro Phase-IV is expected to begin in December this year. The construction work may initially origin on the Janakpuri-RK Ashram route, the highest corridor following this period. Tenders will be quickly drifted for two different Aerocity-Tughlaqabad, priority corridors, and Majlis Park-Maujpur. DMRC beings Work [...] Continue Reading »
The National Green Tribunal (NGT) has imposed an interim penalty of Rs 22.5 crore on 6-builders in Haryana’s Sonipat area for breaking environmental laws. As per NGT, violations are of serious nature and the compensation must have a precautionary look. The Green Tribunal imposed environment compensation of Rs 10 crore on TDI Infrastructure Ltd for [...] Continue Reading »
IL&FS is a popular Engineering and Construction Company based in Hyderabad. The company came into limelight quite recently when it bagged the Bangalore Metro Contract, a plum project at Rs 326.99 crore. This contract has been bagged from BMRCL or Bangalore Metro Rail Corporation Limited. As part of this contract, the company will construct the [...] Continue Reading »
Chief Justice DH Waghela has instructed the Comissioner of Bengaluru to ensure clearance of the footpaths and removing any encroachments to ensure a clear walking path for pedestrians. A PIL was filed at the High Court on the basis of the rights of pedestrians who asked the BBMP chief to take immediate steps in clearing [...] Continue Reading »
The tender for the first phase of a new bus stand that is to be constructed in Mapusa was floated. The bus stand is to be built on a 20,000 square metre of land on the southern side and adjacent to the existing KTC bus stand. First Phase of Construction: The first phase of construction [...] Continue Reading »
A dilapidated building in Kothwal Chavadi of Anderson Street collapsed partially and resulted in the death of two men on Sunday night. One of the traders of Anderson Street, B Meeran commented on the poor civic state saying that the Corporation officials decide upon taking actual action only after casualties are involved. A dilapidated building [...] Continue Reading »
The government today said it had set a time frame of three years to achieve the target of constructing 30 km of road everyday and steps towards that have been taken with the clearance of projects worth Rs 16,000 crore in the first 100 days of the Narendra Modi-led NDA government at the Centre. Addressing [...] Continue Reading »
