New Delhi
With officials issuing Rs 800 crores for this purpose, construction activity on the Delhi Metro Phase-IV is expected to begin in December this year. The construction work may initially origin on the Janakpuri-RK Ashram route, the highest corridor following this period. Tenders will be quickly drifted for two different Aerocity-Tughlaqabad, priority corridors, and Majlis Park-Maujpur. DMRC beings Work [...] Continue Reading »
A consumer forum in New Delhi has compelled the Durga Builder Pvt. Ltd, a real estate firm, to pay compensation money of 4 Lakh to agitated customer for having unfair business means. Durga Builder, a Delhi based real estate firm is asked to pay 4 Lakh to a woman who resorted to consumer forum after [...] Continue Reading »
France plans to offer its expertise in urban development to build the new age cities in India. When the NaMo government announced the plans to make 100 smart cities in the country, this European country quickly jumped to the business opportunity and contacted the officials in India to express its interest. A team of officials [...] Continue Reading »
National Buildings Construction Corporation Ltd. (NBCC), a Navratna company under the ministry of urban development, is looking to expand overseas to tap the more than Rs 2,000 crore infrastructure redevelopment and consultancy services market in Maldives, Turkey, Botswana, Oman and Malaysia. We are definitely looking for expansion overseas especially with the expertise in re-development. We [...] Continue Reading »
On Wednesday Asian Development Bank (ADB) announced that it would provide up to $7-9 billion loan to the country over the next three years. This money will be used for supporting the infrastructure development in India. Takehiko Nakao the president of ADB talked about this new development in New Delhi and mentioned that ADB’s operations for India [...] Continue Reading »
In a recent decision, the New Delhi District Consumer Disputes Redressal Forum has asked Life Insurance Corporation Housing Finance Ltd to pay an amount of Rs 2.3 lakh in compensation to two doctors for the loss of their documents. The documents lost by LIC Housing Finance were submitted by two Delhi-based doctors – Dr Mukesh [...] Continue Reading »
The Delhi Metro is looking like to be working overtime on Phase III as its 2016 deadline is drawing close. On Tuesday, it had announced completion of two tunnels on the Janakpuri (West)-Botanical Garden corridor. Two parallel tunnels at Dabri Mor were completed with help of two tunnel boring machines. The two TBMs which is [...] Continue Reading »
The NDMC has plans underway to give a facelift to the Super Bazar area in Connaught Place. The Super Bazaar building has been non-operational since 2002, when the bazaar was shut down because of monetary issues. The plans which the NDMC is working on, to give the Super Bazar area a facelift, include the construction [...] Continue Reading »
The entire highways project that costs more than Rs 50 crore will now be taken under the engineering procurement and the construction (EPC) mode with some slew of steps that are being taken to get a fresh capital in the road sector of the government said on Thursday. The highway project will be completed in [...] Continue Reading »
In a statement released on Tuesday, National Buildings Construction Corporation Ltd (NBCC) has revealed that a centre for innovation and research and development (R&D) has been set up by the organization in New Delhi. According to the information shared by NBCC’s Chairman and Managing Director Anoop Kumar Mittal, the exclusive focus of the new innovation [...] Continue Reading »
