stalled real estate projects
There are many infrastructure and road projects which are stuck due to lack of money and the National Highways Authority of India (NHAI) has decided to soon roll out a proposal to take over such stalled projects. NHAI will run these projects for a few years to recover the funds infused and then will hand [...] Continue Reading »
Union Minister of Road, Transport and Highways Nitin Gadkari is all set to give a better infrastructure to the nation and has recently cleared stalled highway projects worth Rs 40,000 crore out of the Rs 75,000 crore of stalled projects. The government is now set to sort out issues of the remaining beleaguered projects relating to [...] Continue Reading »
Many infrastructure projects in Tamil Nadu have been pending from a long time. Time has come for this to change, thanks to the formation of a new government at the centre. But it’s not just the central government that’s keen on pushing for infrastructure development in TN. Even the state government is motivated to execute [...] Continue Reading »
New Delhi- Real estate in India, in the present year 2013, seems to have a good start with many new launches, interest rate cuts, and quicker project approvals in progress. Finance minister P Chidambaram identified that many incomplete stalled projects could be resumed construction if supported by financial institutions. Reserve Bank of India (RBI) is [...] Continue Reading »
