Infrastructure
On Tuesday NaMo’s mega-dream project, Gujarat International Finance Tec-City (GIFT City) announced that they have been able to raise the complete fund for the phase 1 infrastructure development project. Ramakant Jha, the Managing Director and Group CEO, GIFT City Company Ltd mentioned that the estimated cost of the core infrastructure development in Phase I is [...] Continue Reading »
The newly sworn in Government’s main agenda is to improve the infrastructure of the nation and in order to achieve that they have started taking steps to remove the obstacles to investments in large projects across states. To start with they have chosen four stalled national highway projects in Rajasthan and five in Madhya Pradesh and [...] Continue Reading »
Bangalore’s bigwig IT hub, Whitefield, is apparently on the verge of a sea change, as the second phase of the Metro project extends the Metro rail line right up to the area in which the IT hub is located. Whitefield is one of Karnataka’s fastest-growing tech hubs and industrial areas. The IT hub has more [...] Continue Reading »
The government has finally decided to take up the matter of illegal constructions in the village of Chhatarpur. This issue was reported on Wednesday by the Centre and the Delhi government itself who were pleaded to by a particular group. This group wanted the illegal construction to be completely removed on governmental land. Notices were [...] Continue Reading »
On Thursday, the Delhi High Court directed the Delhi government to file an affidavit on matters of illegal constructions in the Sainik Firms. All important details and bits of information have been stated in the affidavit concerning all the meetings held since the 3rd of February regarding this cause. The Delhi government council Zubeda Begum [...] Continue Reading »
On the 29th of May at Mohali, the Deputy Commissioner Tejinder Pal Singh declared that all works of construction will be completed by the end of June at the Golf Club and Golf Academy located at Sector 65. While scrutinizing and analysing the work carried out by the Golf Club and Golf Academy, the Deputy [...] Continue Reading »
According to recent news, the Metro Rail Project at Indore and Bhopal is being worked towards so that it can become operational within the next three years. Kailash Vijayvargiya, the minister for urban development and administration, has mentioned that feasibility reports of these two sites at Bhopal and Indore are now complete. In order to [...] Continue Reading »
On Thursday, the Allahabad High Court came to a conclusion to let the construction of the Jaypee Group stay. This one was a multi storey building which took up 8-bigha land. The construction was stayed upon because of a petition by a Noida based farmer who said that the plot was acquired by fraud from [...] Continue Reading »
India is going to witness better roads by the end of 2014 as the Road transport and highways department has resolved to award 8,500 km of roadways projects out of which 3,900 km should be completed before the year end. Prime Minister Narendra Modi will be discussing this issue with the key infrastructure secretaries in a few [...] Continue Reading »
Continuing its steady gains of late, the stock of IRB Infrastructure Developers witnessed yet another increase – of 11 percent – on May 26. The last three weeks have marked a strong rally for the IRB Infrastructure stock, which has seen a surge of a whopping 83 percent since May 2. Along with recording the [...] Continue Reading »
