Union civil aviation ministry officials are slated to meet bureaucrats from the Tamil Nadu state government to push for the proposal of a new airport at Sriperumbudur. According to Airports
The meeting between Anand Sharma, Minister of Commerce and Industry of India and Toshimitsu Motegi, Minister of Economy, Trade and Industry of Japan held in Tokyo considered the strengthening
The rapidly progressing construction of Chennai Metro rail project has made it possible for the first line to go into operation by mid 2014, the government announced deadline for its commissioning.
Shriram EPC’s municipal services vertical has bagged a Rs 126 crore order from the Chennai Metropolitan Water Supply and Sewerage Board.
Mahindra Lifespace Developers last weekend announced that its subsidiary has entered into a collaboration agreement to undertake a group housing project at Gurgaon in Haryana. The project has a
While the shipping ministry has set a target of attracting private investment worth Rs 171,548 crore in the port sector, private investment seems to be running away when the government says it wants to
A joint venture between Israeli real estate firms PBC and Electra Real Estate Ltd. along with Hyderabad-based Incor Infrastructure, PBEL Property Development India Private Limited plans to invest Rs 1,500
The Japanese International Cooperation Agency (JICA) has decided to sign loan agreements for projects only when most of the land acquisition and environment clearance is done. JICA lends money to the
The requirement of capital expenditure from all sources for urban sector during the Twelfth Plan as estimated by the Working Group on financing urbanisation is Rs. 387,576 crore. Details of fund required
Olympia Infratech, a leading Chennai-based developer is all set to develop a Rs 900 crore luxury residential project in Chennai through a joint venture. The company has tied up with Apollo Group
According to a report by global real estate consultants Cushman & Wakefield, office market in India has seen a significant drop of 37% in absorption rate at 3.6 million square feet (msf) in the first quarter of 2013. However, there has been an increase of 18% in fresh supply at 7.9 msf this year against the same period a year ago.
A major showcased infrastructure project, the Golden Quadrilateral (GQ) highway network connecting Delhi, Mumbai, Kolkata and Chennai is closing towards the completion line after fourteen years of its launch.
After many months of lull, developers are on a spree to launch residential projects leading to a record growth in new realty projects in the first three months of 2013. This is also gauged by the thousands of promotional messages flooding mobile phones over the past few months
The Government of India and Japan International Cooperation Agency (JICA) has signed an agreement with the latter providing soft loans of up to Rs 11,400 crore for three infrastructure projects in India.
Ajit Singh, union civil aviation minister said on 26 March that the AAI could set up joint ventures with major foreign airport operators to carry out operations and management of two crucial metro airports