Infrastructure projects
The realty of state may be slowly going down for the people of Seemandhra, but for the realtors there’s no time to be lost. In last 15 days, the sector has seen massive activity with realtors in the Port City stating that the number of enquiries for purchasing property has grown up by nearly 25-30% [...] Continue Reading »
IVRCL Ltd has, through its irrigation and water divisions in Karnataka and Andhra Pradesh, bagged several orders in all worth Rs 2,632.85 crore. The Hyderabad-based engineering and construction company has, in a a statement to the BSE, informed that it has bagged three major irrigation project orders worth Rs 2,492 crore from Karanataka Neeravari Nigam [...] Continue Reading »
Parliament was informed today that ,Over 30 per cent of the centrally monitored infrastructure projects as on December 1, 2013,have been delayed because of Law and order problems, land acquisition delay, fund constraints and environment clearances . The on-going central sector infrastructure projects costing 150 crore and above are monitored by Ministry of Statistics and Programme [...] Continue Reading »
The Mamata Banerjee government will not acquire any land from farmers for the next couple of months from now, even if it is required for government projects. The message has already been conveyed to the government departments after the chief minister’s press meet with Anna Hazare in New Delhi. The Trinamool chief plans to champion [...] Continue Reading »
Delhi: The recent CAG of India report criticized about the inability of the government in rise in cost and non-completion of infrastructure projects, particularly in providing low-cost housing. Many projects had been announced under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) to provide housing for the poor. Despite getting a year’s extension, most of [...] Continue Reading »
According to the recent budget for the 2013-14 fiscal, Rs 890 crore has been sanctioned for infrastructural development of various districts in the entire state of Haryana. Out of this, a big amount (Rs 605.48 crore) has been solely dedicated to Gurgaon to develop the infrastructure of the city. Gurgaon has always got a raw [...] Continue Reading »
Omaxe, a realty firm, has witnessed a rise of a 34% in their sales booking at Rs. 1574 crore in the initial nine months of the this financial year with higher quantity and improvised realisation. According to an analyst, Omaxe has reached sales bookings of Rs. 1574 crore during April-December of 2012-13 financial year compared [...] Continue Reading »
Faridabad- Neharpar, which is emerging as a mega city of Faridabad, has been luring investors with its fast-growing realty prospects. Neharpar is expected to be developed as another Noida or Gurgaon. Many long-term investors are showing interest in buying properties in Neharpar area. Neharpar is spread across sectors including Sector 75, 76, 81, 82, 85 [...] Continue Reading »
The construction sector in the past 2-3 years has been witnessing order inflows with land acquisition and policy paralysis issues being the key factors. It is expected that the upcoming Budget will usher in solutions in terms of allocation across segments like roads, urban infra, irrigation, power and so on. The realty industry expects that [...] Continue Reading »
BMC has claimed that no new taxes and charges will be included in the BMC budget to be announced for 2013-14 financial year. Also, the civic body is unlikely to announce any new projects or schemes in the next fiscal year. BMC is all set to recover Rs 29,000 crore to Rs 30,000 crore budget [...] Continue Reading »
