Public-private partnership
The North line of the Namma Metro between Sampige Road and Peenya will be taking more passengers, which comes in as a major relief for commuters, said Managing Director, Bangalore Metro Rail Corporation Ltd (BMRCL). According to the statistics from the Bangalore Metropolitan Transport Corporation (BMTC), there were five lakh footfalls every day on public [...] Continue Reading »
Asian Development Bank (ADB) is going to fund as many as eight new mega residential and industrial township clusters that are coming up in and around Bangalore at a cost of Rs 2,100 crore. The upcoming projects required a total cost of Rs 2100 crore, in which ADB is expected to provide Rs 1400 crore [...] Continue Reading »
Uttar Pradesh- Although the initiatives taken by the state government were applauded by the leaders of Corporate and Industry sectors but there were few things left to work upon for infrastructural development. Thus a presentation was made by government in this regard. This presentation included various features like construction of International airport at Kushinagar and [...] Continue Reading »
New Delhi- The Ministry of Urban Development (MoUD) has been planning to set up metro rail in 34 cities which have a population of over one million. MoUD has come up with a consolidated new metro railway policy which will focus on both public-private partnership and government funding models for the reference of state governments. [...] Continue Reading »
Bangalore- With the approval of proposed land acquisition bill, the property prices in India are likely to increase, estimate real estate experts. The land prices and house rates are expected to increase and this is not a good progress for the real estate sector, alleged Lalit Kumar Jain, National President of Confederation of Real Estate [...] Continue Reading »
The Chief Minister of Assam, Tarun Gogai has visited Pune Municipal Corporation’s waste treatment plan. He visited sewage treatment and solid waste management facilities located near Naidu hospital, Bundgarden road, to survey the different methods on solid waste management practices in the city. The Pune Municipal Corporation (PMC) gave demonstration of the initiative that are [...] Continue Reading »
The long delayed controversial Land Acquisition Bill was cleared by the Group of Ministers (GoM) and will introduce in the Parliament. About two third of the land loser’s consent is being proposed in the final draft in order to purchase the land for public-private-partnership and private projects. The bill will be introduced in Parliament, possibly in [...] Continue Reading »
A Group of Ministers (GoM) has cleared the long-delayed controversial Land Acquisition Bill. This will pave the way for its introduction in Parliament in the forthcoming winter session. Developers body National Real Estate Development Council (NAREDCO) said welcoming the move that land aggregation would be easier with the panel of minister’s proposing that consent of [...] Continue Reading »
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 »
Ghaziabad is fast becoming one of the hot spots of real estate growth in India. The reason being concerted effort put up by Ghaziabad Development Authority (GDA), UP Awas Vikas, the municipal authorities and various private developers to improve the social and physical infrastructure of the city . The city has witnessed an appreciation of [...] Continue Reading »
