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Bids for privatisation of six airports postponed

Bids for privatisation of six airports postponed
The bid for privatisation of six airports has been postponed to June due to the ongoing general elections, said officials of the Airports Authority of India (AAI), the nodal agency overseeing the bidding process. The due date for the Requests for Qualification (RFQ) for the Chennai, Kolkata, Lucknow and Guwahati airports has been pushed a [...] Continue Reading »

ACME to construct national games village in Kerala

ACME to construct national games village in Kerala
ACME, a green technology firm, has got a contract for constructing the national games village in Kerala. Housing units in the games village using prefab technology would be constructed by the company, under the contract. The company won the bid at Rs. 36.57 crores and would construct the ‘Games Village’ at XXXV National Games Kerala. [...] Continue Reading »

HMDA hopeful of e-bidding success

HMDA hopeful of e-bidding success
Refuting any rumours about the newly launched e-bidding being a failure, officials at the Hyderabad Metropolitan Development Authority (HMDA) declared that the initiative have worked perfectly for them. The department disclosed that response has been swift and that they are confident of completing the sale of the 42 layouts. The auction began at 11am on [...] Continue Reading »

DC rules changed for Dharavi redevelopment

DC rules changed for Dharavi redevelopment
Maharashtra government has announced changes in the Development Control Rules (DCR) for the Dharavi slum redevelopment ahead of Mumbai civic polls. The redevelopment plan of Dharavi was approved in 2004 with an aim to develop roads, toilets, gardens and basic amenities in the area. After the redevelopment, standard of living can be improved and around [...] Continue Reading »

Auction of VSNL surplus land nearing

Auction of VSNL surplus land nearing
Videsh Sanchar Nigam Ltd (VSNL) is planning to bid away its surplus land very soon. The land is spread over 773 acres and is estimated around Rs 6200 crore. The biggest part is available in Pune and the most expensive in in Delhi. The land was unused since 2002 and the now luck has favoured it [...] Continue Reading »



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