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Construction & Infrastructure News

Government to sell properties leased to Air India

October 2017

The government has reportedly decided to sell a number of Air India’s real estate in order to speed up its divestment. This announcement came soon af...

Air India, Real estate, Connaught Place, Urban Devclopment Ministry, NBCC, Arun Jaitley

After Elphinstone stampede, Railways order more FOBs, escalators on stations

October 2017

A high-level meeting, under the chairmanship of Railway Minister Piyush Goyal, was held in Mumbai on September 30, 2017, focussing on railways safety...

Piyush Goyal, Railway, FOB, PIB, CCTV cameras, Mumbai suburban system, Escalators

Jalandhar is aiming at 24+7 water supply as well as 100% water and sewerage treatment, says Municipal Commissioner

October 2017

One of the oldest inhabited cities in Punjab, Jalandhar has undergone rapid urbanisation and developed into a highly industrialised centre of commerc...

Urbanisation, Sporting equipment, Dr Basant Garg, Smart projects, PPP, ABD, Burlton Park, IoT, PMC, Smart City programme, AMRUT, JNNURM, STP, SCADA system, SBR technology

Rental reforms redefine the Indian real estate sector

September 2017

Several breakthrough reforms with pertinence to the Indian real estate sector saw the light of the day over the last one year. Be it demonetisation –...

Real estate sector, GST, RERA, HRA, Anuj Puri, Anarock Property Consultants, Demonetisation, REIT, National Urban Rental Housing Policy, RCA

NIIF to bag deal with Abu Dhabi Investment Authority for investment of $5-10 billion

September 2017

The National Investment and Infrastructure Fund (NIIF) will soon be closing its very first major deal with Abu Dhabi Investment Authority who will be...

National Investment and Infrastructure Fund, NIIF, MoU, UAE, Canada Ontario Teachers Pension Plan, PSP Investments, Arun Jaitley, Investment, Urban infrastructure, Power, Roads

Will PPPs in affordable housing succeed? Find out!

September 2017

Urbanisation is central to a country’s economy – and in India, the urbanisation rate corresponds to 60 per cent of the country’s GDP. For smoother tr...

Urbanisation, Urban poor, HIG, PPP structures, JLL, Technical Group, Housing Shortage, EWS, MHUPA, Affordable housing, FSI, TDR, PPP, RERA, A Shankar

Housing and Urban Affairs Minister seeks review of FSI and FAR norms in mega cities

September 2017

Minister of Housing and Urban Affairs Hardeep Singh Puri recently directed a review of Floor Space Index (FSI) and Floor Area Ratio (FAR) norms in me...

Housing, Urban Affairs, Hardeep Singh Puri, FSI, NITI Ayog, Metro Rail Corporations, National Dissemination Workshop, PIB

GMDA formulation to facilitate Gurgaon with planned structure

September 2017

The formation of Gurugram Metropolitan Development Authority (GMDA) is endorsing as a governing factor for the economic development and planning of D...

GMDA, Commercial, Infrastructure, Development, SARE Homes, Elan Group, Mapsko, Rahul Singla, Ssumit Berry, BDI Group, Mobility management, Sustainable management, Urban environment, Urban regeneration, renewal
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