Public-private partnerships
The Union Budget which will be presented on July 10, Thursday will have a lot of leeway for the affordable housing segment which will give an up thrust to the housing for all by 2022 scheme. Interest rate subvention for the economically weaker section, lower income group and middle-income group homes will help India Inc. [...] Continue Reading »
The ailing road building and infrastructure sector is to get a new lease of life by the highways ministry’s decision to float Cabinet notes on the three key issues that have blocked these projects. These three action areas are: the liberty to choose the mode of project implementation, the power to make changes in the model [...] Continue Reading »
India is going to witness better roads by the end of 2014 as the Road transport and highways department has resolved to award 8,500 km of roadways projects out of which 3,900 km should be completed before the year end. Prime Minister Narendra Modi will be discussing this issue with the key infrastructure secretaries in a few [...] Continue Reading »
The changes are made by the Corporate Affairs Ministry to avoid confusion among share holders and bring consistency to its recent guidance. There will not be two classes of companies for reduction purpose as it was mentioned in the new company law schedule for depreciation. The ministry also restored revenue-based amortisation for toll-roads developed under [...] Continue Reading »
To be able to meet the investment target of Rs 5000 crore in public infrastructure through public private partnerships (PPPs) for the12th Plan period (2012-17), Odisha’s state planning & coordination department has invited proposals from government departments and agencies. The PPP projects are to be taken up in socio-economic sectors like agriculture, water supply, health care, education, municipal services, warehousing, [...] Continue Reading »
The current commercial real estate in Bangalore has been witnessing a boost due to the increased demand for the office space despite the growing uncertainty in the European markets. Various factors are responsible which makes the city ideal for investors. Factors like the availability of the Special Economic Zone (SEZ) for IT expansions, increased connectivity to the Outer Ring Road [...] Continue Reading »
Incentives like free land allocation and public-private partnerships models have been sought by the realtors in order to increase affordable housing stocks for the economically weaker sections. With the increased shortage of housing for the poor sections of the society, the realtors have come up with this method and demand active government participation which can lead to a way to [...] Continue Reading »
In a press release by the Government of India, The Ministry for Housing and Urban Poverty Alleviation department reported that to create a slum free India, Rajiv Awas Yojana has been launched. The housing scheme will provide financial assistance to States that are willing to assign property rights to slum dwellers and to provide basic [...] Continue Reading »
Mumbai soon to be modernized with nearly 60 billion dollars investment to be made by Maharashtra government over the next 20 years. Also the modernization project will be taken initiative by the public-private partnerships and city is expected to grow rapidly in infrastructures like; transport, power, tourism industries and in residential projects. Ratnakar Gaikwad, Chief [...] Continue Reading »
