Public-Private Partnership model best suited for Metro rail project

Mumbai 25 October 2010: Following the success of Public Private Partnership (PPP) model in various infrastructure development projects, the Central Government has considered the PPP model suitable for projects like, Metro rail and directed Mumbai Metropolitan Region Development Authority (MMRDA) to undertake projects on the same model. “The Central

New PPP policy ready for infrastructure development: Minister RV Deshpande

By Accommodation Times Bureau KARNATAKA The state government has set up the Public-Private Partnership (PPP) Policy-2018, with the aim of developing infrastructure with the highest quality of the state and thus rapidly growing economic growth, Minister of State for Infrastructure Development RV Sivakumar said. "The approval limit of the state level monopoly committee

Private firm to rebuild 7 BDA complexes soon

By Accommodation Times Bureau BENGALURU Under the public-private partnership model, the Bangalore Development Authority (BDA)  has chosen a joint venture partnership to redevelop its Indiranagar Shopping Complex with Embassy Group and Maverick Holdings & Investments. To redevelop six of the BDA’s 11 shopping complexes, another joint venture of MFAR Developers, Bengaluru and Realty

Fund released by Centre under Smart Cities Mission and utilization by States/Cities

By Accommodation Times Bureau Utilization certificate for the 2nd instalment of the funds are submitted by the cities after utilization of a substantive amount of funds from the 1st instalment.  While a number of cities have started project implementation on ground their utilization certificates are awaited. Hence, utilization certificate may not be an

MHADA to tie up with pvt players to meet affordable housing target

By Accommodation Times Bureau MUMBAI The Maharashtra Housing and Area Development Corporation (MHADA) is planning to speed up the construction of affordable housing project in the state by tieing up with private builders or developers with the help of public-private partnership (PPP) models. The MHADA is also offering attractive proposal to attract builders.

Britain offers assistance in Smart City project

By Accommodation Times Bureau DHARWAD Dominic McAllister, British deputy high commissioner on Wednesday, said Britain is ready to provide necessary assistance to the Smart City project in Hubballi-Dharwad. McAllister informed that Mangaluru City Corporation is preparing the Smart City project report with assistance from British city designers and universities, during the discussion held

Finance to Large Infra Project

By Accommodation Times Bureau  NEW DELHI Pon Radhakrishnan, Minister of State for Finance, informed Lok Sabha today that the government has taken several steps to mobilize funds from various sources, including from capital market, for development of infrastructure. Steps include launching of innovative financial vehicles such as Infrastructure Debt Funds, Infrastructure Investment

Under PMAY (U) 30.76 Lakh Homes Sanctioned So Far

By Accommodation Times Bureau Shri Hardeep Singh Puri, Minister of State(I/C) Ministry of Housing and Urban Affairs has informed that since the launch of the Pradhan Mantri Awas Yojana (PMAY) (U) on 25th June 2015, the Government has sanctioned a total of 30.76 lakhs houses across all verticals. Currently, 15.65 lakh

Spanish firm to help Patna in Smart City Mission

By Accommodation Times Bureau PATNA The Ministry of Urban Development has taken various initiatives towards Smart City mission. A Spanish company with expertise in urban planning and infrastructure has been selected as the management consultant for the state capital’s Smart City mission. According to Anand Kishor, divisional commissioner, Eptisa Servicios de Ingenieria SL

Jaipur Development Authority to construct 1396 affordable homes

By Accommodation Times Bureau JAIPUR Affordable houses to be alloted under Mukhyamantri Awas Yojna by Jaipur development Authority (JDA) in November. It is said to be 1,396 houses for middle income group (MIG), economic weaker section (EWS) and lower income group (LIG).   According to JDA official, “In the financial year 2017-2018, JDA’s target

Top