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AAI

AAI plans to come up with model concession agreement for airport privatisation

AAI plans to come up with model concession agreement for airport privatisation
The Airport Authority of India (AAI) plans to seek a new agreement for airport privatisation with the government soon, now that the new Civil Aviation Ministry has taken charge in New Delhi. With some reservations by the previous government having stalled the concession agreement which the AAI had prepared in March this year, the AAI plans to [...] Continue Reading »

Jaipur Development Authority receives good response for land auction

Jaipur Development Authority receives good response for land auction
An official said the highest bid received for the land was Rs 1,09, 500 per sq m. On Tuesday, the JDA earned nearly Rs 89 crore through auctioning a big chunk of land measuring 8098. 74 sq metres situated at Tonk Road near the airport. A senior official of finance wing said “In the past [...] Continue Reading »

No green nod needed for properties below 15 metre height

No green nod needed for properties below 15 metre height
Value & Budget Housing Corporation is now thinking of adopting a policy of developing properties of smaller heights that do not require ministry of environment’s nod. This strategy was finalised as they were facing various delays in the housing sector to get proper approvals. Currently, it takes around 12-18 months to get clearance from the [...] Continue Reading »



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