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

DDA issues notification for Enabling Planned Development of Privately Owned Lands

opmentBy Accommodation Times Bureau NEW DELHI The Delhi Development Authority (DDA) has issued a notification for enabling the planned development of privately owned lands in Delhi. In order to operationalise the policy, the formulation of “Regulations for Enabling the Planned Development of Privately Owned Lands" was taken up under Section 57 of Delhi Development

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

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