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Construction & Infrastructure News

One Platform For All Smart Cities Solutions

March 2018

With all the glitter and shine, India's newly-found tech hub, Telangana, hosted the country's smartest conclave ever - SMART URBANATION from March 22...

SMART URBANATION, R Roshan Baig, Government of Karnataka, Smart Cities Council India, Pratap Padode, B Janardhan Reddy, Greater Hyderabad Municipal Corporation, Crompton, MoU, Wild West Media, Hyderabad International Airport, Swachh Bharat recycling machine, PPP, Gensler, Chicago

We can raise Rs.60-70 billion monetising our land

March 2018

We have already started working on most of the projects that were conceived under the smart city proposal, whether it is area-based development (ABD)...

ABD, Smart city proposal, SPV, CBD, ABD, ICCC, DPR, Chandramauli Shukla

We are focussing more on PPP-based projects

March 2018

Imphal was selected in the fasttrack round of smart city challenges. Since then, we have formed the special purpose vehicle (SPV) and are in the proc...

Imphal, Fasttrack, PPP, SPV, PMC, Imphal Smart City, RFP

Here's tracking opportunities and upcoming tenders in India's Smart Cities

March 2018

The numbers speak for themselves. A total investment of Rs 191,155 crore has been proposed by 90 cities under their smart city plans....

Investment, Smart city plans, Smart Cities Council India, Pratap Padode, D Chowdhury, Gaia Smart Cities, Smart Cities Mission, Grant Thornton India LLP, RFP, ICC, SPV, Suresh Subudhi, LED projects, Swachh Bharat Mission, Discoms

Will funding projects through PPP or floating bonds be the ideal way to raise the required money to build smart?

March 2018

Smart cities have been provided some seed money from the Centre and the state, with some to be generated from their own budget. But the financial req...

APUIAML, JV, IL&FS Group, Prakash Gaur, Urban Infrastructure Asset Management, APUDF, FSI, PPP projects, SPV, LED lights, Ajay Saxena, Ravinder Reddy, Grant Thornton India LLP, Smart city plan

Greenfield cities are overcoming and succeeding challenges on the smart run

March 2018

While there is a set of 100 Smart Cities under the Ministry of Urban Development (MoUD) mission, there is also the Delhi-Mumbai Industrial Corridor (...

100 Smart Cities, MoUD, Department of Commerce, AECOM, Jagdish Salgaonkar, Alkesh Sharma, DMICDC, SPV

IRB Infra’s SPV achieves financial closure for six-laning of 90 km on Kishangarh-Gulabpura stretch of NH-79

February 2018

KG Tollway, a Special Purpose Vehicle (SPV) of IRB Infrastructure Developers, has successfully achieved financial closure for its Rs 1,526 crore BOT ...

KG Tollway, SPV, IRB Infrastructure Developers, Virendra D Mhaiskar, NHAI

Prestige Group acquires stakes worth Rs.324 crore

February 2018

Prestige Group, through its subsidiary, has concluded acquisition of CapitaLand's stake in various SPVs for a total of about Rs 324 crore. The acquis...

Prestige Group, CapitaLand, Oakwood, SPV
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