Central government
An empowered group of ministers (EGoM) headed by Defence minister AK Anthony will take a final decision on Wednesday, regarding issues related to the operation of the Delhi Airport Express Metro Line and its debt. A senior government official said, “The EGoM will decide whether to go for a new concessionaire or not and who’ll [...] Continue Reading »
Flanked by the Haryana Chief Minister, Bhupinder Singh Hooda, Congress MP and party’s vice president Rahul Gandhi laid the foundation stone of country’s largest international terminal market for fruits and vegetables, flowers and dairy products in Gannaur, Haryana. The market would be constructed over an area of 536 acres of land at a cost of Rs 1,500 crore. Also present [...] Continue Reading »
If the parliamentary panel’s recommendations be implemented, the projects that are built on 100 square meters of area or more would be brought under the purview of the Real Estate (Regulation and Development) Bill, 2013. In its report on the Bill, the Standing Committee on Urban Development said that the small projects, where the area [...] Continue Reading »
New Delhi: The central government has given approvals to four road projects worth Rs 4,620 crore in Assam and Madhya Pradesh for the widening of National Highways. Three of the four projects are in Assam for widening of stretches of National Highway 37 under Special Accelerated Road Development Programme in North Eastern Region (SARDP-NE). The [...] Continue Reading »
Hyderabad- L&T Metro Rail Hyderabad Limited project is developed on a revenue model which aims to collect 50 percent revenue from passenger fares, 45 percent revenue from property development and the remaining five percent from advertisement and other miscellaneous sources. The Rs 14,132-crore metro rail project is one of the largest urban infrastructure projects in [...] Continue Reading »
Haryana is to get Rs 16.68 crore from the Central Government for making nine cities of the state sum free under the Rajiv Awas Yojana. This nine cities include Gurgaon and Faridabad along with Karnal, Panchkula,Panipat, Ambala, Yamunanagar and Hisar. An amount of Rs 1.51 crore has already been released for conducting the survey and in [...] Continue Reading »
Kochi- The National Highways Authority of India (NHAI) has raised an objection against the launch of Kochi Metro work without first acquiring land for widening the national highway along which the metro over-bridge has been proposed to be constructed. The Kerala government is all set to launch the project as soon as the Terms of [...] Continue Reading »
New Delhi- The Union Budget has allocated budget of Rs 7,701 crore to Delhi Metro in the Budget 2013-2014, for Phase-III metro construction in Delhi. In 2012-2013 fiscal, Rs 4,511.89 crore (Plan and non-Plan combined) was allocated to the Delhi metro. Union Budget has increased the allocation by Rs 669.23 crore under the 2013-14 Budget. [...] Continue Reading »
Hyderabad – The Greater Hyderabad Municipal Corporation (GHMC) has adopted few measures to compel property tax defaulters to pay up. Now they can capture or grab your vehicles and other movable properties if you are one among them. After the scrutinization of property tax initiated in 2013, GHMC officials has collected an amount of Rs [...] Continue Reading »
The pending work of Jawaharlal Nehru National Urban Renewal Mission (JNNURM) projects need to be completed before March 2014 and the deadline has been set by the Union government. The JNNURM projects were expected to get completed by March 2012 but due to delay in the construction work, the deadline has been extended. In a [...] Continue Reading »
