Roads
The economy seems to be taking an upturn by looking at the number of activities in the corporate world. L&T (Larsen and Toubro) declared that it has acquired 50 % stake in L&T-Ramboll Consulting Engineers Ltd (LTR) held by Ramboll Denmark. With this acquisition, LTR now becomes a wholly owned subsidiary of L&T. L &T said [...] Continue Reading »
The 2014 to 2015 Budget of the Municipal Corporation of Gurgaon was finally tabled last Wednesday amidst the existing unrest amongst ward councillors. Of the overall budget, which is around Rs 889 crore, Rs 500 crore has been set aside solely for infrastructural projects like underpasses, flyovers, roads and bridges while Rs 70 crore has [...] Continue Reading »
DIPP secretary Amitabh Kant stressed on the need for amending the Act, by giving justification as under the existing Land Acquisition Act, it had become “virtually impossible” to acquire land for construction of roads, ports and creating other infrastructure. He added, ever since the new Land Acquisition Act came into being, Land acquisition for roads, [...] Continue Reading »
According to a report, in the third quarter of the current fiscal, Investment cycle in the construction sector is likely to improve if a stable government comes to power at the Centre after the general elections. Credit rating agency ICRABSE mentioned in its report that until September, though there were expectations of facing execution challenges [...] Continue Reading »
The residents of the National Media Centre had approached NGT asking it to stop the construction, alleging that DLF and HUDA were encroaching on the green belt that actually belonged to them. In a recent hearing, NGT bench headed by Jyothimani pointed out that that the road widening project does not affect the residents of [...] Continue Reading »
The National Highway Authority of India (NHAI) is under criticism for ignoring planting of trees to compensate for the chopped ones for road widening. NHAI gave Nagpur Municipal Corporation (NMC) three options for four-laning between Mankapur Square and Mental Hospital Square on Koradi Road. In view of the poor track record of NHIA in planting [...] Continue Reading »
An official says that the forest officers at the state level would be required to scrutinize applications within 10 days and if no questions are raised, the proposal is to be accepted under a new paper less approval mechanism that consists of state as well as central-level forest clearances. It is an eight stage process. [...] Continue Reading »
The civic body has started work to modify more than 1,000 roads. It will improve medians and footpaths while simultaneously taking up carriageway works. Nearly 3000 crore has been sanctioned for the road improvement project which is part of BMC’s master plan submitted to the Bombay high court last year. The BMC is searching new [...] Continue Reading »
After the country’s coming elections that will lead to a new wave of infrastructure development, Chairman of the Tata Group, Cyrus Mistry, is scheduling to spend at least $8 billion in building roads, airports and housing, betting a stable administration. In December 2012 after Ratan Tata’s two decades at the helm, Mistry, 45, took over [...] Continue Reading »
As stated by Pune Municipal Corporation (PMC), the Zone 1 of Pune Municipal Corporation (PMC) on Friday took actions against illegal constructions in Kalas and Dhanori areas. They also included that residential as well as commercial establishments had made these infringements. In this constrain some illegal constructions spread over 3200 sq ft were demolished. Without [...] Continue Reading »
