Infrastructure
The National Highways Authority of India (NHAI) will probably turn down requests from 5 firms for the rescheduling of premium which is due to the government for construction of highways. The firms which made the premium rollover requests that will be nixed by the NHAI include Sadbhav Engineering, Reliance Infrastructure, and Oriental Structural Engineers. According to [...] Continue Reading »
The prospects of the Varanasi Ring Road Project are apparently set to improve in the near future, with Narendra Modi-led new Government preparing to assume office at the Centre. With ministries and departments scheduled to make their presentations before Modi next week, the National Highway Authority of India (NHAI) headquarters is seeking the current status [...] Continue Reading »
Narendra Modi-led new Government at the Centre will apparently give high priority to roads, railways, ports and several other infrastructure projects; but there will probably be a lot of challenges to be faced. The manifesto of the Bharatiya Janata Party (BJP) had envisaged “all-weather roads” for all villages; and had highlighted its objective to develop [...] Continue Reading »
According to Assocham, the affordable housing sector should be granted ‘infrastructure status’ because the sector has the potential to invigorate the economy. Seeking ‘infrastructure status’ for the affordable housing sector, Assocham has put forth the opinion that the sector has the capacity to generate a ‘multiplier effect,’ both in terms of creation of employment and [...] Continue Reading »
The Lodha Group‘s township of 300 acres was approved of by the chief minister of UDD Prithviraj Chauhan near Dombivli. This occurred in the month of March, just two days before the election code of conduct came into existence. This township happens to be the first and largest that was cleared under the Development of [...] Continue Reading »
After receiving criticism for planning house schemes that did not prove to be beneficial because they were located in distinct areas, the Jaipur Developmental Authority has recently come to a conclusion to launch two new housing schemes within a month. This will become official in the zones of 11 and 14. There are 35 hectares [...] Continue Reading »
Value home markets are now being pushed outside because of the recent civic infrastructure which allows pleasant travelling facilities and access to different locations at land rates that are low and affordable. Because of this, there has been a sudden increment of value homes in peripheral spots and locations. These houses are all below 30 [...] Continue Reading »
The worried Chief Minister Akhilesh Yadav has now appointed senior state officials in order to work towards the smooth and rapid process of development in Noida, Greater Noida and Ghaziabad. This happened right after the elections when the Swarajwadi Party lost the elections in the Lok Sabha polls. One interesting point to be noted is [...] Continue Reading »
In a move which will apparently trigger the revival of the stagnating highways sector and offer a helping hand to stressed projects, the option to defer premium payment commitments of a number of projects will be allowed by National Highways Authority of India (NHAI). As many as nine projects will likely receive the approval of [...] Continue Reading »
One of the first sectors which will apparently be the prime focus of the Narendra Modi-led government right at the outset will be the ‘road’ sector. Plans for Rs 12,000-13,000 crore projects have already been readied by the Ministry of Transport and Highways. According to a Ministry official, these projects – which also include the [...] Continue Reading »
