Amritsar, the second-largest city of Punjab, boasts of the Golden Temple and attracts more visitors than the Taj Mahal. At present, the city has ample supply of residential units, with many new township projects launched along the national highway and airport.
The Minister of Road Transport & Highways and Shipping Nitin Gadkari has emphasised on fast-tracking the award and construction of National Highways projects. In a review of NHAI projects, Gadkari reportedly said that while a record 16,271 km of NHs have been awarded and 8,231 km constructed during 2016-17, work needs to be done at a much faster pace to award more projects and construct those that have been awarded. Reportedly, he added that there will be an award for the best performing Project
Is there a success formula for shopping centre real estate? According to JLL, poorly built and operated malls recorded a 20 per cent vacancy rate in 2014. Good quality malls were relatively better off with about 10 per cent of vacant space.
Trichy in Tamil Nadu has become the fastest growing international airport in the country. According to government statistics, international passenger traffic in the airport grew by 382 per cent to 773, 423 between 2006-07 and 2012-13,
For the seven integrated manufacturing clusters (IMC) to be set up along the Amritsar-Delhi-Kolkata corridor, Rs 5,749 crore Central budgetary commitment has been recommended by an inter-ministerial panel. It recommended the fund support for a period of 15 years.