Metro
The Union Cabinet has deferred its decision on transfer of land for the construction of a world-class exhibition centre and air cargo complex near IGI airport here, thereby delaying the project. The issue was discussed on April 25 at the Cabinet meeting. “On the matter the Cabinet has deferred a decision in its meeting. The [...] Continue Reading »
The State government has given sanction to the Delhi Metro Rail Corporation (DMRC) to construct the Panniyanakara rail overbridge. It is a vital and primary infrastructure part of Kozhikode’s monorail project. The detailed plan, tender of works, execution, supervision and handing over of the completed work to the government will be done by DMRC and [...] Continue Reading »
The bid for privatisation of six airports has been postponed to June due to the ongoing general elections, said officials of the Airports Authority of India (AAI), the nodal agency overseeing the bidding process. The due date for the Requests for Qualification (RFQ) for the Chennai, Kolkata, Lucknow and Guwahati airports has been pushed a [...] Continue Reading »
Kolkata Metropolitan Area has been segregated into eight micro-markets by Crisil Research. Around 6% of the total upcoming supply in Kolkata is estimated to come from Salt Lake area, as per Crisil Research’s estimates. Between 1958 and 1965, Salt Lake was developed as a satellite township. Several national and international information technology (IT) companies have [...] Continue Reading »
The state government has made the suggestion that the Western Railway (WR) elevated corridor be terminated at Bandra. This may make the project unviable due to low commuter volume. There was a difference of opinion among the railways, the Planning Commission and the state government about the elevated corridor project. After a meeting of the [...] Continue Reading »
Sonipat-Kundli and Panipat region is increasingly becoming popular with developers and investors alike. Few of the developers in the region are TDI, Ansals, Kamal Ideal Infratech Pvt Ltd, Jindal Real Estate, Eldeco, Parker, Omaxe, Parsvnath, Vardhman, Apex Developers, among others. The area has also seen great increase in terms of population and infrastructure development. It [...] Continue Reading »
The metro station at Dhaula Kuan is challenging as it is a traffic-heavy intersection. The station is a part of Mukundpur-Shiv Vihar line of Phase III. Delhi Metro Rail Corporation (DMRC) spokesperson Anuj Dayal informs that special equipment for construction will be used due to the uniqueness of the station — curving viaduct of line [...] Continue Reading »
The swanky Green line is zipping ahead and so are the property prices: Construction work along the Metro corridors may have disgruntled them but property owners on this stretch now have good reasons to be delighted. As work expedited on the Malleswaram-Peenya line, land prices along the stretch rose by 20-30%, in the past two-three [...] Continue Reading »
In the coming months if past trends are any indication, real estate prices around the newly commissioned Metro line are expected to rise. MG Road Baiyappanahalli Metro line, which was commissioned in October 2011, has witnessed a great hike in property rates on either of the side. In the words of Industry Prices rose by [...] Continue Reading »
Delhi’s development faces a hard time due to lack of full statehood. As per the new central law on land acquisition that was in effect from January 1 the union territories have to vest all powers in centre leaving authorization in land acquisition for projects. Therefore, there is a dusk of ambiguity over at least [...] Continue Reading »
