Gujarat government plans to start construction of around 75,000 affordable houses by its para institutions across the state before the forthcoming Lok Sabha (LS) polls, to prove that it is serious about
The focus is set to improve road connectivity between Surat and Nashik, with the Gujarat government taking up paving work of the Surat-Nashik Road, Gujarat principal secretary S S Rathore, department of
With the Gujarat government’s decision to increase floor space index (FSI) in Surat, Rajkot and Jamnagar, real estate developers in Ahmedabad are also expecting similar wind of change. Higher FSI has been a long-pending demand of developers, who feel vertical growth is essential to stabilise the realty market and provide affordable housing in the city.
Odisha grid network will add about 1,500 MW from hydro power generating plants by 2020.
The Surat Municipal Corporation (SMC) has started preparing the blueprint for three town planning schemes in the areas of the road falling within Outer Ring Road limits. The move would put the development work around the 66km Outer Ring Road, on fast track. The proposal for three new TP schemes will come up in this week's town planning committee meeting of SMC.
Somany Ceramics Limited (SML), a flagship company of H L Somany Group on Thursday said that it will invest Rs 150-200 crore over the next two years on organic and inorganic growth in India.
Gujarat Housing Board (GHB) on Wednesday said that it will launch seven projects offering 6,300 residential units for people under various income groups. This has come on the heels of opposition Congress announcing a housing scheme for women ahead of the Assembly poll.
Energy solutions and transport company, Alstom in consortium with Bharat Heavy Electricals Ltd (BHEL) has secured a contract from Nuclear Power Corporation of India Ltd (NPCIL) for the supply of turbine generator packages.
GVK Power and Infrastructure has plans to exit a special economic zone (SEZ) in Tamil Nadu and defer work on a greenfield seaport project at Okhamadi in Gujarat.
Urban Development Minister Kamal Nath said that Gujarat government has taken an in-principle decision to adopt the framework of 50:50 joint ownership with the Centre for the Metro rail project. The Metro Rail project will connect Ahmedabad and Gandhinagar.
Irish building materials group CRH will pick up 51% stake in Jaiprakash Associates' cement operations, Jaypee Cement Corp in Gujarat at an enterprise value of about Rs 4,200 crore.
Italian ceramic tiles company Panariagroup Industrie Ceramiche SPA has formed a 50-50 joint venture (JV) with an Ahmedabad based company-Asian Granito India.
Vadodara Municipal Corporation (VMC) Commissioner Ashwini Kumar said that all the required formalities have been completed for launching a joint venture (JV) company between VMC and GAIL India for supply of natural gas in the city and surrounding areas.
Gujarat government has given a go-ahead to construction of the proposed port at Nargol, 120 km south of Surat. A consortium of Cargo Motors Limited and Israel Ports Company (IPC) will develop the port at an investment of Rs 4,000 crore, a state government official said.
Gujarat government is mulling improving transmission infrastructure and expand renewable energy market in the state. It also eyes higher coal and gas allocation from the centre.