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Construction & Infrastructure News

Road work delayed on TB Road in Kottayam

October 2013

In Kottayam, the slow progress of work on a stretch of TB road is becoming a major public inconvenience. The work which started on last April 6 is mo...

Kottayam, slow progress, TB road, speeding KSRTC buses

Not a single highway project awarded since May

October 2013

The National Highways Authority of India (NHAI) has failed to award even a single highway development project since May this year due to economic slo...

National Highways Authority of India, award, highway development project, economic slowdown

Govt gives NOC to AirAsia to fly in India

September 2013

To start its much awaited low-cost carrier in India, the Union Ministry of Civil Aviation has given its no objection certificate to AirAsia India. Th...

low-cost carrier, India, Union Ministry of Civil Aviation, no objection certificate, AirAsia India

Private highway developers' plea for relief

September 2013

Citing the continuing economic slowdown that has impacted their projects, private highway developers are urging the Union government for maximum rel...

economic slowdown, private highway developers, Union government, Road builders, IRB, L&T, Reliance Infra, Ashoka Buildcon, Essel Infraprojects

8% drop in new home launches in Delhi area

September 2013

In this economic slowdown period, Delhi-NCR property market has witnessed 8 per cent fall in the number of residential units launched during the firs...

economic slowdown Delhi-NCR, residential units, first half of 2013, Cushman & Wakefield

World Bank loan of $100 mn for NHB project

August 2013

The World Bank has recently signed a loan agreement with the government of India for $100 million for Low Income Housing Finance Project by National ...

World Bank, loan agreement, government of India, Low Income Housing Finance Project, National Housing Bank

Govt to boost fund inflows into real estate sector

August 2013

To boost fund flows including foreign direct investment (FDI) into the real estate sector and better the battered Indian currency rupee, the governme...

fund flows, foreign direct investment, real estate sector, Indian currency rupee

VUDA to build 3,000 affordable homes for LIG, EWS

August 2013

Government subsidised 3,000 affordable houses will be built by Vadodara Urban Development Authority (VUDA) in Bil and Sevasi villages, in the suburbs...

Government, affordable houses, Vadodara Urban Development Authority, Bil and Sevasi villages, economically weaker section, low income groups, Naranbhai Patel
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