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HCC’s dues of Rs 5,000 cr stuck in litigation

HCC’s dues of Rs 5,000 cr stuck in litigation
Hindustan Construction Company’s dues of Rs. 5, 000 crore, mainly with various government agencies, continue to be stuck in litigation, although a year has passed. Praveen Sood, group chief financial officer, HCC,told sources ,out of the dues of R5,000 crore, R1,000 crore is being battled out in courts for settlement while the remaining R4,000 crore [...] Continue Reading »

Ghaziabad Metro extension paused for lack of funds

Ghaziabad Metro extension paused for lack of funds
Ghaziabad- It was earlier planned that Delhi Metro will be extended from Delhi’s Dilshad Garden to New Bus Stand. But now since the Ghaziabad Nagar Nigam is unwilling to fund the project, controversy has begun. The municipal commissioner has sought help of the Uttar Pradesh government’s permission to overrule the board and allow to proceed with [...] Continue Reading »

Metro and mono rail boon or bane in Mumbai?

Metro and mono rail boon or bane in Mumbai?
In several parts of Mumbai city the metro and mono rail construction has just kick started! Paving way for the convenient transportation facility for the citizens of Mumbai, the project has been planned by MMRDA. When traced the recent construction growth it was learnt that the metro and mono rail construction is turning to be [...] Continue Reading »

Black money and terror funding traces in real estate India!

Black money and terror funding traces in real estate India!
The Indian real estate industry recently was known for its black money transactions! Now, the real estate experts and the government agencies fear for the flow of terror funds in the industry. A review assessment revealed that the track of highest component of undisclosed money was from the real estate income tax department. Other than [...] Continue Reading »

Roads maintenance under Delhi government

Roads maintenance under Delhi government
Delhi government has decided to take initiative of maintaining the roads which are 60 feet wide. These roads is said to be maintained by agencies which come under government. This is to ensure the quality of roads which was failed to be provided by the Municipal Corporation of Delhi (MCD). It has been traced that [...] Continue Reading »

Land norms getting hard and tough

Land norms getting hard and tough
No more land mafia dealings in concern with government land. Yes, it has been decided that the sale of any government land from now onwards will have to pass the cabinet clearance. Kolkata mayor says that the norm will not be applicable to Kolkata Municipal Corporation (KMC) as it is a local self government. Meanwhile, West [...] Continue Reading »

Maharashtra Government to boost up Mumbai City Infrastructure

Maharashtra Government to boost up Mumbai City Infrastructure
Mumbai soon to be modernized with nearly 60 billion dollars investment to be made by Maharashtra government over the next 20 years. Also the modernization project will be taken initiative by the public-private partnerships and city is expected to grow rapidly in infrastructures like; transport, power, tourism industries and in residential projects. Ratnakar Gaikwad, Chief [...] Continue Reading »



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