'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
'Our target is to award Rs 25 lakh crore worth of projects that would result in creating 25 million jobs'
The Golden Quadrilateral Road Project, launched in 2000-01 by the National Democratic Alliance government, would be completed by end of December as only five per cent of the work remains to be completed.
Though Sukhu has been putting up a brave face and there appears to be no immediate threat to his government, the BJP is looking to bring down his dispensation with bypoll wins amid a view that it may draw more legislators of the ruling party into its fold.
The 43 km stretch of the expressway is a part of the ambitious National Highways Development Project.
In a stern 'perform or take VRS' warning to officials sitting on files, Union Minister Nitin Gadkari on Thursday asked them not to become obstacles in the way of India achieving world class infrastructure.
Chief Minister Sukhvinder Singh Sukhu said efforts are on to rescue the 300 stranded people, and they could be airlifted as the weather clears. Power and water supply has been snapped in several areas.
Finance Minister Nirmala Sitharaman on Wednesday announced hiking the capital expenditure by 33 per cent to Rs 10 lakh crore for infrastructure development for 2023-24 and will be at 3.3 per cent of the GDP. Presenting the Budget for 2023-24, she said the newly established infrastructure finance secretariat will assist in attracting more private investment. "Capital investment outlay is being increased steeply for the third year in a row by 33 per cent to Rs 10 lakh crore, which would be 3.3 per cent of GDP.
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.
Maldivian President Mohamed Muizzu's party secured a 'supermajority' in Parliament by winning over 60 seats in Sunday's crucial parliamentary election, seen as a litmus test for the pro-Beijing politician whose policies are being closely watched by both India and China amidst regional power dynamics.
Defence minister Rajnath Singh virtually conducted the final breakthrough blast of the Sela tunnel in Arunachal Pradesh and flagged of a 20,000-km-long motorcycle expedition of the BRO on Thursday.
The case pertains to the issuance of mining leases in alleged violation of e-tendering process. The Allahabad High Court had ordered the probe.
The first phase of the prime minister's ambitious Rs 58,000 crore (Rs 580 billion) National Highway Development Project, connecting four metros with four/six lane roads.
Prime Minister Nawaz Sharif on Monday inaugurated five 'Pakistan-China Friendship Tunnels' built at the cost of about USD 275 million (approximately Rs 1,800 crore) to restore a strategic road link to China via Gilgit-Baltistan.
Replying to a special calling attention motion on the issue by opposition parties, including DMK, Chief Minister J Jayalalithaa said her government would not encourage projects affecting people's welfare.
On his third death anniversary, even the probe into his murder has not progressed.
The B K Chaturvedi committee set up to recommend ways to implement road projects faster and more efficiently, has recommended that the National Highways Authority of India be given sovereign guarantees on the loans it raises from the market.
The prime minister's committee on infrastructure has finalised a proposal for restructuring the National Highway Authority of India.
R-Infra quoted Rs 42-crore (Rs 420-million) premium over the bids of rival companies such as GVK Power and Infrastructure Limited, GMR Infrastructure, B Sennaih and C&C, JMC Srei and Sadhbhav, sources told Business Standard.
Proposals have been received for preparing the project report for the 600-km Delhi-Katra Expressway
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.
'Interim Budget has ignited the entrepreneurial spirit.'
The NHAI says non-availability of funds from private developers and financial institutions is also responsible for major delays.
The most pernicious abuse of the toll system is the VIP syndrome. Most toll plazas carry a long list of VIP vehicles that are exempt from payment and others have to compensate for them.
"We have conveyed this to the road transport ministry. We go for environment approval for all land we acquire, but land with environment issues requires more approvals," said a senior NHAI official, who did not want to be identified.
RInfra, which is sitting on a debt of over Rs 6,000 crore, has been working towards monetising its assets to reduce debt.
Implementation of the ambitious Golden Quadrilateral Road Project in Bihar was being delayed due to interference from local gangsters and contractors.
Toll collection at some 65 road projects have already stopped.
Of all the markets in which politicians interfere with prices, the land market is probably the last that will be reformed, says T N Ninan.
The Economic Survey 2010-11 states that the infrastructure structure is a mixed bag of performance; some like telecommunications have done exceedingly well and in some others there have been less than targeted achievement.
Expressway construction is part of the sixth phase of the National Highways Development Programme.
The engineer's murder is being linked to his letter to the PMO regarding improper utilisation of funds and the sub-standard quality of work in the Golden Quadrilateral Project.
With an aim of countering the 'anti-developmental' propaganda of Maoists, the Central Reserve Police Force has devised a new strategy of putting up hoardings in local dialect to seek tribals' support in construction of a National Highway in Chhattisgarh's worst insurgency-hit Sukma district.
In the blistering heat of northern India, cars and trucks speed along the smooth, four-lane, black-topped highway from New Delhi to Jaipur.\n\n\n\n
After 120 days of economic blockade on the arterial national highways 39 and 53, Manipur on Tuesday heaved a sigh of relief. The agitating United Naga Council lifted the economic blockade from 6 am on Tuesday morning.
Among other things, the Golden Quadrilateral project will be extended from Silchar (Assam) to Kohima.
