Infrastructure
The 20:80 infrastructure schemes offer myriad options for prospective buyers and promise to make purchase processes very interesting. The latest schemes of the 20:80 infrastructures offer a potential buyer with two interesting options which included: The price would be Rs. 15000 per sq ft if a down payment of 20% of the property value was [...] Continue Reading »
The road transport ministry has established four highly efficient parameters for itself soon after returning from Prime Minister’s Chamber. The minister is planning target rewards for the Projects on National Highways. The present target for the road transport ministry that has been timed for this fiscal succeeds that of 2013-2014 by 2.5 times! The previous [...] Continue Reading »
The Chennai Metro rail project accomplished one of its significant landmarks as it managed to complete work on the underground tunnel on the Shenoy Nagar-Thirumangalam stretch. The 2.797km long, was completed a couple of days ago while work is on for completing a second parallel tunnel for the project. The significance of the underground tunnel [...] Continue Reading »
The new NDA governments promise of rural infrastructure and affordable housing seems to move on a positive trend after the Union Budget 2014-15. The latest move in this regard is the sanctioning of Rs 1,023.73 crore for Orissa, by the National Bank for Agriculture and Rural Development (Nabard). Nabard has made this from its rural [...] Continue Reading »
The main problem facing by the PWD department in Delhi is the shortage of spaces for further construction and for those that are already under progress within the congested cityscape. The secretary of urban development, Delh has asked the Department to consider the proposal of developing a 50km elevated road in the city. This is [...] Continue Reading »
The Metro viaduct that is located in between the South Campus and Delhi Cantt Metro stations of the under-construction 59-km-long Majlis Park-Shiv Vihar corridor is being looked at as a major engineering achievement for the Delhi Metro Rail Corporation (DMRC), as the viaduct will be constructed without hampering the movement of trains on the Airport [...] Continue Reading »
The process of physical acquisition of land for the ambitious Ring Road project will soon be commenced by the Jaipur Development Authority (JDA), which will be armed with foolproof security arrangements to carry out the land takeover. The land acquisition process for the Ring Road project will be started by the JDA from Bagrana on [...] Continue Reading »
German bank, KFW, keen to finance up to Rs 4,500 crore for Phase-2. Bangalore Metro Rail Corporation Limited (BMRCL), the agency implementing the metro rail project in Bangalore, is likely to miss yet another deadline for the completion of first phase of the project. The 42.3-km stretch of Phase-1 will now be completed only by [...] Continue Reading »
At a time when issues over land acquisition have stalled several infrastructure projects across the country, the UP government has included certain provisions to its Integrated Township Scheme, which are expected to benefit both developers and farmers. According to the new policy, real estate developers can partner farmers to develop projects under this scheme. They [...] Continue Reading »
Close on the heels of securing an Rs 1,000-crore long-term loan from global private equity major KKR, GMR Infrastructure said that it is looking at international markets for funds at lower interest rates. Managing director Kiran Kumar Grandhi said on Thursday at the company’s annual general meeting that the firm will focus on recalibrating its [...] Continue Reading »
