Infrastructure
There are a lot of expectations from the new BJP led government this year. The new railway minister will have to begin working towards his responsibilities as soon as possible and Prime Minister Narendra Modi must lay special emphasis and focus on the Mumbai Ahmedabad High Speed Corridor and the Dedicated Freight Corridor so that [...] Continue Reading »
Realty sector pins high hopes on the Modi Government and has expressed that they can fulfil the dream of ‘’Home for all’’ if their situation is safeguarded. If the real estate industry gets the ‘’Infrastructure Status’’ then as per the Govt. of India rules, they can enjoy the benefits of loans from banks and financial [...] Continue Reading »
Hinduja Group co-chairman GP Hinduja described designated Prime Minister Narendra Modi as a “doer” and also mentioned that infrastructure should be given a large amount of emphasis and importance once the new government holds office. Investments will begin to flow in if this is given full focus. After congratulating Narendra Modi, he also mentioned that [...] Continue Reading »
A long 11.2 km four-lane road will be opened to the public in June; built over a cost of 135 crore along the area of Noida-Great Noida expressway. This makes travelling smoother from Greater Noida to Noida and towards Delhi without any congested traffic. The road goes along the Yamuna pushta (canal) reduces traffic and [...] Continue Reading »
In a working paper on infrastructure finance submitted recently to the Reserve Bank of India (RBI), state-run IIFCL has urged the country’s top bank to ease repayment periods, so that infrastructure firms can be protected against potential cash blows. The IIFCL has made a request to the RBI to give the lenders the ability to extend [...] Continue Reading »
In the past, buying or selling a post apartment in Varanasi outskirts was a farfetched dream, forget convincing anyone to buy or sell. The ancient temple town had people who were not interested in the outskirts or moving far away from the center. They were willing to dodge the ways of traffic, snail paced and [...] Continue Reading »
Reliance Infrastructure sings the song of hope as it waits for the nod to set up the Mumbai Metro line in the next ten days, says a source. The company now waits eagerly for the Indian Railway Board to give it’s final approval, and then the project is scheduled to begin with its commercial operations [...] Continue Reading »
There have been many violations and deviations on the green needs, which now the esteemed BMC has been asked to check for. BMC would have to do the necessary and mandatory checks before issuing commencement certificates for the revised plans of MIG(BLOCKII) located at Bandra East. According to sources from the State Environment Appraisal Committee [...] Continue Reading »
The month of April saw major acquisitions and mergers happening across many indian companies, and to say $6.9 billion which came from forty nine deals, and the big boss Sun Pharma, is a very big deal would be justified. In the market of mergers and acquisitions, there were around forty two deals worth $1.8 billion [...] Continue Reading »
The real estate body of Noida has proposed to Narendra Modi, after his sweeping election victory, that a single window clearance system be introduced for clearing new projects. The real estate sector has been an under-performer for long, and the time taken for clearing new projects has been a significant reason behind this. Mithas, managing [...] Continue Reading »
