JICA to provide Rs 2,000-cr loan for Chennai Metro

April 2017

Japan International Cooperation Agency (JICA) has extended an Official Development Assistance (ODA) loan of around Rs 2,000 crore for the fifth phase...

Tags: Japan International Cooperation Agency, Chennai Metro Project, Takema Sakamoto, Metro rail system, S Selvakumar

India and ADB sign $375 million in loans and grants for Phase-I of East Coast Economic Corridor

March 2017

The Asian Development Bank (ADB) and the Government of India have signed $375 million in loans and grants to develop the 800-km Visakhapatnam-Chennai...

Tags: Asian Development Bank, ECEC, Visakhapatnam-Chennai Industrial Corridor, LB Sondjaja, Raj Kumar, Ministry of Finance, Hema Munivenkatappa, Kakinada Port

India and ADB sign $375 million in loans and grants for Phase-I of East Coast Economic Corridor

March 2017

The Asian Development Bank (ADB) and the Government of India have signed $375 million in loans and grants to develop the 800-km Visakhapatnam-Chennai...

Tags: Asian Development Bank, ECEC, Visakhapatnam-Chennai Industrial Corridor, LB Sondjaja, Raj Kumar, Ministry of Finance, Hema Munivenkatappa, Kakinada Port

Infrastructure status will help developers obtain cheaper loans from the banks, which will significantly boost ‘Housing for All by 2022

February 2017

Infrastructure status to the affordable housing segment indicates that this sector will play an important role in reviving economic growth in the cou...

Tags: Suresh Krishn, CREDAI Chennai, Union Budget 2017-18, Infrastructure, Affordable residential project

Railways to rope in private players to modernise 23 stations

February 2017

The railways has decided to rope in private companies to redevelop and modernise 23 stations, including the iconic Howrah station, Mumbai Central and...

Tags: Railways, Mumbai Central, Chennai Central, Habibganj, Investment

Building Trust in the Changing Market Place

January 2017

The recent cyclone and rains in Chennai has certainly brought to the fore the imperatives of constructing buildings that can effectively withstand th...

Tags: Recent Cyclone, Rains, Chennai, Constructing buildings, Natural disasters, CBRE, Real estate, Cognizant, Infosys, TCS, Hyundai, Ford, Renault, IT, Automobile firms

India´s net office absorption to surge

January 2017

According to a report by Cushman & Wakefield, India´s top eight property markets are likely to witness a 10 per cent surge in office space net absorp...

Tags: Cushman and Wakefield India, Mumbai, Delhi-NCR, Bengaluru, Pune, Ahmedabad, Hyderabad, Chennai

Chennai development body waives NOCs

January 2017

In a relief to developers, the Chennai Metropolitan Development Authority (CMDA) has waived no-objection certificates (NOCs) for sewage treatment pla...

Tags: Chennai Metropolitan Development Authority, NOC, STP, CMWSSB