Infrastructure
Haryana’s Union cabinet recently took the decision to connect Nuh, the district headquarters of Mewat, to link it with the national highway. The backward regions of southern Haryana, including Mahendragarh, may get the economic boost with the improved connectivity. Presently, the nearest highway to Nuh is NH-919, which is about 21km away from the town. [...] Continue Reading »
Taking into account the recurrent problem of illegal constructions and violations in zoning regulations and building bylaws within the limits of Municipal Corporation of Gurgaon (MCG), the state government has decided to levy a ‘composition fee’ for all the illegal constructions and variations from the sanctioned building plans. As per the officials, this is meant [...] Continue Reading »
The Karnataka cabinet chaired by chief minister Siddaramaiah recently gave the nod to simplify procedures related to land allotment in the state. The decision is expected to have far-reaching consequences on industries. With the cabinet to amend Karnataka Land Reforms Act, 1961, and Karnataka Land Revenue Act, 1964, this would pave the way for elimination of [...] Continue Reading »
In the coming months if past trends are any indication, real estate prices around the newly commissioned Metro line are expected to rise. MG Road Baiyappanahalli Metro line, which was commissioned in October 2011, has witnessed a great hike in property rates on either of the side. In the words of Industry Prices rose by [...] Continue Reading »
Larsen and Toubro has bagged a contract to build a new four-lane bridge across Narmada river at Zadeshwar about 90 km away from Vadodra. The National Highway Authority of India (NHAI) awarded the contract after Hindustan construction company (HCC) failed to abide by the tender condition. NHAI estimates the project to be completed within 30 [...] Continue Reading »
E M Sudarsana Natchiappan, the Union minister of state for Commerce & Industry had said that the Centre had initiated a dialogue with Japan to support the monorail project in Tamil Nadu. The minister, giving further details, said the Centre had requested the Japan International Cooperation Agency (Jica), a governmental agency of Japan, to fund the project. [...] Continue Reading »
One of the most ambitious infrastructure projects in Delhi, the signal-free road corridor from Vikaspuri to Waziarbad may miss its deadline. The four mini-projects related to the entire stretch, also known as the East-West Corridor, are also experiencing delays. Public Works Department cite “environmental issues” as the reason for the delay. They are saying that [...] Continue Reading »
Goa government is making an effort to unlock the land under Special Economic Zone to boost industrial development in the state. Governor B V Wanchoo informed that making adequate land available for industrial development is a huge challenge before the government. He was addressing the state Legislative Assembly session. He said the government is making [...] Continue Reading »
For setting up of satellite townships, 22 proposals have been received from the parties still the state government is in a dilemma on whether to permit the purchase of land in the name of the investor or hold its ownership so that there is little scope for circumventing various land laws. Though there is no [...] Continue Reading »
In the first two months of this year across various business segments, L&T Construction has received an order worth Rs 5,220 crore. S N Subrahmanyan, Senior Executive Vice President (Infrastructure and Construction), L&T said in his speech, “It has been a productive beginning to the New Year and these orders reaffirm our leadership position in [...] Continue Reading »
