Infrastructure
New-Delhi- After a delay for quite few months, the HUDA city centre shopping complex is all set to open to the public in September. The project was delayed due to the cancellation of tenders in the past as there were very few suitable bidders. According to an DMRC (Delhi Metro Rail Corporation) official, the allotment [...] Continue Reading »
New-Delhi- The inability of the National Highways Authority of India (NHAI) to completely use the revenue generated through the tax-free bonds in the previous fiscal has created a lot of tension at the finance ministry as they have expressed their concern. Due to the project awards being stuck, the agencies on the highways are compelled to keep Rs. [...] Continue Reading »
New-Delhi- As per their plan of the NH Development Programme during 2012-13, the National Highways Authority of India (NHAI) has aimed to construct at least 2,800-2,900 km highways. This will be the NHAIs highest ever completion in the history. As per sources, the longest ever NH construction recorded until now is 2,693 km in 2009-10. As per an official from [...] Continue Reading »
The monorail project will change the public transport system in east and north-east Delhi, as per Chief Minister, Sheila Dikshit. The CM said implementing Nand Nagri railway under bridge (RUB) Road Number 68 will ease the traffic congestion and also with this, road the neighbouring places like Guru Teg Bahadur Hospital and Rajiv Gandhi Hospital [...] Continue Reading »
Chennai- The State government will soon develop grid roads along the Outer Ring Road (ORR). In this regard a detailed project report (DPR) will be submitted to the government. This announcement was made by government on January 23, 2013. The study on alignment, design and land acquisition will be taken up shortly. An amount of [...] Continue Reading »
New-Delhi- Delhi will now go vertical by tripling the floor area ratio (FAR) from the present 200 to 600. The planning body of the city will now make the houses of the poor and the middle class go vertical due to the growing housing shortage. The urban development ministry administering the city’s civic urban planning [...] Continue Reading »
A growth in sales and revenue has been witnessed by Indiabulls Real Estate Limited (IBREL) for the last quarter of 2012. By December 31, 2012, the company saw a total sales of Rs 1,201 crore, which went up by 267% compared to Rs 449 crore third quarter of 2012. Total revenue also shot up by [...] Continue Reading »
Gurgaon- The skywalk which connects the existing Delhi Metro station along with the Rapid Metro at Sikanderpur is expected to be completed within a month. The walkway measures about 100 metre and will connect itself to both the stations at the platform level. The completion of this walkway will help in seamless movement of the [...] Continue Reading »
Kochi- The 10th director board meeting of Kochi Metro Rail Limited was held on January22, 2013. The discussion was held on the few technical parameters for the project and also decided to carry out a research on extending the light rail line to Angamaly, Kakkanad and to Mattanchery /Fort Kochi as well as linking Thripunithura [...] Continue Reading »
Nagpur- The Delhi Metro Rail Corporation (DMRC ) suggested two metro routes for the Nagpur metro rail project. In this regard, a presentation was given by DMRC officials to Nagpur Improvement Trust (NIT) on January 22, 2013. The suggestion took the progress of Nagpur metro to a new phase. As per the presentation, DMRC suggested [...] Continue Reading »
