Infrastructure: Cabinet approves land transfer of Rashtriya Chemicals & Fertilizers to MMRDA

By Accommodation Times Bureau MUMBAI The Union Cabinet chaired by Prime Minister Narendra Modi on September 12 has given ex-post facto approval for: i. Transfer of land of M/s Rashtriya Chemicals & Fertilizers Ltd. (RCF) to Mumbai Metropolitan Regional Development Authority (MMRDA); ii. Proposal for approval for a transfer of land of M/s Rashtriya

Defence ministry agrees to give land for infrastructure projects in Bengaluru

By Accommodation Times Bureau BENGALURU The decision of Karnataka Government has been given go-ahead by Nirmal Sitharaman led defence ministry for using defence land for upcoming infrastructure projects in Bengaluru. The defence ministry has put forth a condition that the defence land will be allotted only if the Bruhat Bengaluru Mahanagara Palike(BBMP)

PM reviewed infrastructure sectors of Housing & Transport for 2 hrs

By Accommodation Times Bureau NEW DELHI The Prime Minister, Narendra Modi, on Thursday, reviewed the progress of key infrastructure sectors of roads, rural housing, urban housing, railways, airports, etc. The review meeting, which lasted for nearly two hours, was attended by top officials from infrastructure-related Ministries, NITI Aayog, and PMO. In course of the

State Industrial Infrastructure Development Scheme to boost Industrialisation

By Accommodation Times Bureau CHANDIGARH Haryana Government has notified the "State Industrial Infrastructure Development Scheme (SIIDS)" to create or strengthen Industrial Infrastructure for the Promotion of Industrialization in the State. While stating this here today, a spokesman of Industries and Commerce Department said that the scheme aims to create or upgrade basic industrial

Mahabharata Theme Building being constructed under Tourism Infrastructure

By Accommodation Times Bureau CHANDIGARH Haryana Tourism Minister, Ram Bilas Sharma said that a Mahabharata Theme Building is being constructed at Jyotisar in district Kurukshetra for development of Jyotisar Tirth under Tourism Infrastructure. A sum of about Rs 31 crore would be spent on this project. Reiterating his commitment to promoting tourism in

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

Infrastructure Status for Logistics Sector – Ripple Effect on the Affordable Housing?

By Accommodation Times Bureau Anuj Puri, Chairman - ANAROCK Property Consultants ‘Infrastructure status’ typically helps to raise long-term funds at low rates and attract significant foreign investments. The Government’s recent move to grant infrastructure status to the logistics sector is extremely progressive and will to make funding easy and cheap for companies

Logistics Sector granted Infrastructure Status

By Accommodation Times Bureau The Logistics Sector has been granted Infrastructure status.The need for integrated Logistics sector development has been felt for quite some time in view of the fact that the logistics cost in India is very high compared to developed countries. High logistics cost reduces the competitiveness of Indian

Indian Bank raises Rs 2000 crore for infrastructure & affordable home loans

By Accommodation Times Bureau Delhi/NCR Public sector lender Indian Bank declared on September 22, that it has raised Rs 2,000 crore to finance the infrastructure and affordable housing . The amount raised through issuing long term bonds is part of the bank's Rs 5,000 crore fund raiser plan to finance infrastructure and affordable housing in the country. "The