Planning Commission
A high-level meeting to discuss a fresh policy framework for building new airports in the country, has been called up by the Planning Commission, whose term expires after this election, till the next government comes into power even as civil aviation minister Ajit Singh has put on hold UPA’s last-gasp infrastructure drive to privatize six [...] 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 »
In the next three years only a half of the ongoing airport projects in the country would be completed while the rest would be delayed owing to the tough land acquisition norms, regulatory hurdles and absence of a national-level policy, a ratings agency said in a report. Care Research said, “Presently, about 64 airport projects [...] Continue Reading »
Acceptance for land and building across states are not consistent. Additionally in some places they are contradictory and differ in order of importance. Recent study of Planning Commission has been used by the sources to observe the differences and how they affect investors. Key regulatory framework that bears the greatest significance is the time taken [...] Continue Reading »
Tata Housing Development Co. Ltd had been conferred with the prestigious IMC’s Ramakrishna Bajaj National Quality (RBNQ) Business Excellence Award – 2013 in the Services Category. The dignitaries from the whole Industry attended the awards ceremony was held on 19th March, 2014, at YB Chavan Center, Mumbai. Tata Housing was declared the winner on the [...] Continue Reading »
The weakened highways sector could get a boost with the government planning to do new construction and development model that will make it cheaper to build and operate projects. This modified annuity-based model is expected to help the government to build highways owing to lack of interest by the private sector of late, towards a [...] Continue Reading »
Five main port operators have shown interest in the global tender floated by Vizhinjam International Seaport Ltd (VISL). The operators who have shown interest in tender are Gammon Infrastructure Projects; the Hyundai-Concast consortium; Essar Ports; Adani Ports; and Srei-OHL, a consortium of Srei Infra and Spanish construction company Obrascón Huarte Lain. VISL had asked for [...] Continue Reading »
Reports suggesting that National Highway Authority of India’s (NHAI) decision to allow highway developers to collect toll from the highway users first and pay later to NHAI was overturned by the Law Ministry, have recently surfaced. The road ministry has vocally confirmed that the affair of permitting road companies to collect toll now and pay [...] Continue Reading »
Lucknow- Two metro rail projects of Lucknow are likely to be assessed by the officials of Planning Commission and Delhi Metro Rail Corporation (DMRC). The officials would prepare an estimate of financial model under which the project could be executed. The two stations have been proposed to be built at Aminabad and Hussainganj. The team [...] Continue Reading »
With a clear cut approach focusing on the development of social and physical infrastructure, the Jammu & Kashmir Chief Minister, Omar Abdullah, has hinted at revolutionary changes which mean residents of the state may have to pay tax on commercial and residential properties for the first time. Abdullah reportedly told the Planning Commission while briefing [...] Continue Reading »
