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Construction & Infrastructure News

Real Estate Regulation Bill may come up in Budget session

January 2013

To rein in the monopoly of the real estate builders, the Union government is likely to table Real Estate Regulation Bill in the forthcoming Budget Se...

rein in, monopoly, real estate builders, Union government, Real Estate Regulation Bill, Budget Session, Parliament

Three bankers shortlisted to sell 9.33% stake in MMTC

January 2013

To sell 9.33 per cent of its stake in Metals and Minerals Trading Corporation of India (MMTC) in the current fiscal, the Union Government has shortli...

stake, Metals and Minerals Trading Corporation of India, MMTC, Union Government, shortlisted, merchant bankers

Centre mulls Authority to monetise unutilised land

January 2013

With an objective to take over all under-utilised and unused government land and monetise them, the Union government is pushing a plan to set up a La...

unused government land, Union government, Land Authority of India

Builders oppose proposed real estate regulatory bill

January 2013

Indian realty industry bodies-CREDAI and NAREDCO opposed the Union government's proposed real estate regulatory law saying that the bill in the curre...

CREDAI, NAREDCO, Union government, real estate regulatory law, Ajay Maken, Kamal Nath

AP likely to get Rs 400.81 cr for its road projects

January 2013

The Union government is likely to approve rural road project proposals of Rs 400.81 crore for 138 road works in Andhra Pradesh under the Pradhan Mant...

Union government, rural road project proposals, road works, Andhra Pradesh, Pradhan Mantri Gram Sadak Yojana, Jairam Ramesh, N Kiran Kumar Reddy

Sale of stake in Engineers India to fetch Govt Rs 800 cr

January 2013

The Union government on January 10 approved 10 per cent stake sale in Engineers India (EIL), which may fetch the government around Rs 800 crore. For ...

Union government, stake sale, Engineers India

PSU stake sale target likely to be reduced for 2013-14

January 2013

After struggling to meet the budgeted targets over the previous two financial years, the Union government is expected to lower its targeted collectio...

Union government, divestment, Union government

GMR Infra drops Rajasthan-Gujarat road widening project

January 2013

Citing the Union government's failure to provide required land and environment clearances for its 555 km highway stretch project between Kishangarh i...

Union government, land, highway stretch project, Kishangarh in Rajasthan, Ahmedabad
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