'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
The 14.15 km tunnel will provide all-weather connectivity to Srinagar, Kargil and Leh.
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
The strategic 900-km-long Chardham project worth Rs 12,000 crore aims to provide all-weather connectivity to four holy towns -- Yamunotri, Gangotri, Kedarnath, and Badrinath -- in Uttarakhand.
The project holds strategic significance as Zojila Pass is situated at an altitude of 11,578 feet on the Srinagar-Kargil-Leh National Highway and remains closed during winters due to heavy snowfall.
Developers grappling with labour shortage and getting construction material to sites could be among a list of problems.
According to experts, slopes in Himachal have become highly vulnerable to landslides due to cutting of rocks at the foothills and the lack of proper drainage system, and high intensity rainfall is making the things worse for the state.
For the remaining projects, it is difficult to arrive at an estimate.
Enunciating slew of measures initiated by the UPA to augment the sector, the finance minister said 19 oil and gas blocks were given out for exploration and 7 new airports are under construction.
Experts believe scrapping some projects is likely to bring some stability in road sector.
Gadkari said the NHAI was working on setting up an InvIT to monetise its projects for mobilising resources through capital markets.
Inadequate funding and non-viability of some projects have forced several leading infrastructure development firms to stay out of bidding for over 13 highway projects worth over Rs 12,500 crore (Rs 125 billion).
The Kerala chief minister's four years in office may well be remembered for the way he handled Cyclone Ockhi, two floods, Nipah, and now COVID-19, reports Shine Jacob.
The Delhi-Dausa-Lalsot stretch is set to reduce the travel time between the national capital and Jaipur considerably.
Palli panchayat, 17 km from Jammu city, was virtually sealed with local police and paramilitary personnel including Border Security Force and Central Reserve Police Force deployed in strength to keep a strict vigil.
A six-inch pipe has been laid at the Silkyara tunnel through which nutritious food and medicines could be supplied to the 41 labourers, trapped for over a week after parts of the under-construction structure collapsed following a landslide.
Land acquisition costs have gone up to almost 50% of total project cost.
Farmers too will get better deals
Need for consent of affected families and social-impact assessment could go.
The tunnel would provide all-weather connectivity between Srinagar and Leh-Ladakh
Beyond announcements and optics, key projects have hardly moved under the Yogi government, reports Virendra Singh Rawat.
The case pertains to the issuance of mining leases in alleged violation of e-tendering process. The Allahabad High Court had ordered the probe.
Modi govt must bring about reforms to kick-start big-ticket infra projects.
The company, which is bidding for 16 road projects worth Rs 10,000 crore (Rs 100 billion) this year from the National Highways Authority of India under the public-private-partnership model, intends to invest the money in the form of equity to set up special purpose vehicles to execute new road projects.
The Centre has received Rs 6,651 crore as interim dividend from 12 public sector undertakings (PSUs) on Monday, edging towards its Rs 50,028 crore dividend target for the ongoing fiscal. Power Grid Corporation of India (PGCIL) has transferred Rs 2,506 crore as a dividend tranche to the government, while NMDC and Nuclear Power Corporation of India transferred interim dividend of Rs 1,605 crore and Rs 972 crore, respectively. The government has received dividend tranches of Rs 913 crore from GAIL, Rs 351 crore from Hindustan Aeronautics, Rs 149 crore from Bharat Electronics, among others, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey tweeted.
Terming investment in infrastructure "quintessential" to boost growth, the Economic Survey on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before COVID-19. The infrastructure sector will be the key to overall economic growth and macroeconomic stability, the Survey said emphasising that the year after the crisis (2021-22) will require sustained and calibrated measures to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory. "Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.
Only NIIF has stayed the course as a viable infrastructure financing institution.
'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'
The World Bank assistance will be utilised for converting 6,372 km of one-lane highways to two-lane, out of the total of 19,702 km of single lane highways in the country.
At the first meeting of Governing Council of NITI Aayog on Sunday, Prime Minister Narendra Modi will seek views of Chief Ministers.
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
Currently, roads are only entrusted with the authority which licences them to private developers who cannot provide such roads as security to avail loans from banks and other other institutions. Once the roads are vested with the NHAI, the authority can lease them to the developer who can securitise the property to raise money.
About railways sector, the Survey said that it is facing stiff competition from other modes of transportation and the government is initiating various transformative measures to keep railways on track.
'The entire public needs to be evacuated immediately. Any day, the entire town can collapse.'
'Interim Budget has ignited the entrepreneurial spirit.'
China on Thursday voiced its opposition to India's reported plans to hold the next year's meeting of G-20 leaders in Jammu and Kashmir.
Among other things, the Golden Quadrilateral project will be extended from Silchar (Assam) to Kohima.
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