infrastructure & PPP
There is some true good news for the real estate industry and infrastructure industry as the government today proposed tax incentives for two new investment instruments -REITs and InvITs- . This is expected to attract long term funds from foreign and domestic investors, including the NRIs. The new investment products, Real Estate Investment Trusts (REITs) [...] Continue Reading »
Presenting the Budget 2014-15 on Thursday, Union Finance Minister Arun Jaitley announced a number of steps which will fast-track infrastructure projects being developed via public-private partnership (PPP) process. Giving infrastructure in PPP a notable push in the Budget, Jaitley drew attention to the fact that PPP has effectively delivered iconic infrastructure – including highways, ports [...] Continue Reading »
‘’Acche Din Ane Wale Hain’’ (The good days are here) was the main mantra of the BJP campaign. Looks like the CM of Uttar Pradesh Akhilesh Yadav has taken it seriously and has planned to set up low cost hospitals at all districts of U.P under Public Private Partnership (PPP) model. In a meeting held [...] Continue Reading »
For the first time in seven years, private investment in highway projects has declined, as per the data compiled by the highways ministry till February it has been witnessed a dropping in 2013-14 as compared with the all-time high of2011-12. Projects for 1,116 km were awarded whereas construction was done over 1,661 km which is [...] Continue Reading »
