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Public private partnership (PPP)

The Realty Sector is looking forward to better days

The Realty Sector is looking forward to better days
M Venkaiah Naidu who happens to be the Union Minister for Housing and Urban Property Al levitation has declared that the biggest priority of his ministry would be to establish 100 cities in the country which are smart and safe. The other priority would be housing which will be accomplished by the year 2020. Public [...] Continue Reading »

Public Private Partnership to boost the development of low cost hospitals

Public Private Partnership to boost the development of low cost hospitals
‘’Acche Din Ane Wale Hain’’ (The good days are here) was the main mantra of the BJP campaign. Looks like the CM of Uttar Pradesh Akhilesh Yadav has taken it seriously and has planned to set up low cost hospitals at all districts of U.P under Public Private Partnership (PPP) model. In a meeting held [...] Continue Reading »

Revised draft of Infrastructure Development Act to be considered by cabinet

Revised draft of Infrastructure Development Act to be considered by cabinet
Jaipur- The cabinet will soon re-visit the long pending bill initiated for the improvement of the state’s infrastructure. The Rajasthan Infrastructure Development Act (RIDA) draft which was revised  has now come to the final stages with the incorporation of the suggestions from the law department. According to a higher official, they are ready with the final draft [...] Continue Reading »

Legal action to be taken against GMR by NHAI

Legal action to be taken against GMR by NHAI
New Delhi- With the GMR group walking out of the Kishangarh- Udaipur-Ahmedabad project slated for 16 months after securing the order has invited trouble as the National Highways Authority of India (NHAI) may take legal action against GMR Group. An estimated investment of about  Rs 5,387 crore was expected for the project.This project with an annual premium of 26 years and [...] Continue Reading »

Greater Noida soon to have a convention centre

Greater Noida soon to have a convention centre
Greater Noida- Now Greater Noida will soon have its own convention centre based on the lines of Delhi’s India Habitat Centre and Vigyan Bhawan. The convention centre will  be constructed on a public-private partnership (PPP) model and will be spread across 25 acres. However, the design and model of this project will be ready by the end [...] Continue Reading »

Rooftops to act as energy farms

Rooftops to act as energy farms
In a creative initiative, the Gujarat government has come up with two pilot projects in the state capital Gandhinagar, in which solar power will be generated using terraces of residential and commercial buildings. Each one of these projects will generate 5 MW of solar power and will further work towards extending this concept to five [...] Continue Reading »

SRA slum projects not generating demand in Nagpur

SRA slum projects not generating demand in Nagpur
Slum Rehabilitation Authority (SRA), Nagpur, is forced to scrap many schemes designed to offer for slum-dwellers. The reason being lack of demand as most of the target population has not shown any interest so far in most of the projects. The major problem seems to be the size of flats being built under SRA, which [...] Continue Reading »

BBMP plans to take up more housing projects for EWS

BBMP plans to take up more housing projects for EWS
The commissioner of Bruhat Bangalore Mahanagara Palike (BBMP), MK Shankarlinge Gowda, announced on Tuesday, that the authority is looking for more partnerships with realty developers in building houses for economically weaker sections (EWS) in the city. During the interaction of BBMP with Confederation of Real Estate Developers’ Association of India (CREDAI), Adarsh Developers M.D, BM [...] Continue Reading »

PMC Patna to renovate Maurya Lok

PMC Patna to renovate Maurya Lok
Maurya Lok complex, one of the oldest and largest shopping mall of Patna, is set to get renovated by the Patna Municipal Corporation (PMC). Along with the renovation, the complex, which is an important landmark of Patna, will be provided with some basic amenities too. There are around 100 state and central government offices at [...] Continue Reading »

Apartments to be constructed by MHADA in a joint venture with builders

Apartments to be constructed by MHADA in a joint venture with builders
Maharashtra Housing and Area Development Authority (MHADA) has planned for a joint venture with private developers to construct residential apartments in Mumbai. MHADA took this decision, as the cost of the properties are rising beyond the reach of the common man and there is a huge difference between demand and supply of residential apartments in [...] Continue Reading »



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