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1.Govt devises 20:20 model to help laggard smart cities

Under the Smart Cities mission, the Centre will help the bottom 20 cities to smarten up

2.US$ 970 mn PE inflows in retail hit five-year high in 2019

Reports a 19% share of the total US$ 5 bn in overall Indian real estate

3.Lessons learnt over two years of RERA’s implementation

About 19 states having a fully operational real-estate regulatory authority

4.A sneak peak into retail real estate in 2019

Besides commercial office spaces, the retail sector also emerged as one of the most vibrant and fast-paced real estate sectors in India in 2018.

5.A case for institutional investments in non-metro real estate

India has over 40 Tier-II and Tier-III cities with million-plus populations, and some of these are growing as fast as their Tier-I counterparts. Several have been selected under the Central Government’s Smart Cities mission, and will therefore attract investments ranging from Rs 1,000 crore to Rs 1,500 crore in the next five years. Other missions like AMRUT, Swachh Bharat Mission, etc, will also help these cities considerably.

6.Chandigarh UT plans bridge on Chandigarh-Mullanpur road

A clover bridge is being planned on the busy Chandigarh-Mullanpur road by the Chandigarh Union Territory (UT) aadministration to ease congestion. A clover bar bridge is usually built across rivers with at least three lanes to carry huge traffic. Such type of bridges were constructed abroad as back as early 70s.

7.Cement firms hike prices

As cement wholesale prices in Delhi and Chandigarh almost reaching pre-monsoon levels, prices of the prime building material have been firming up across markets since the end of the monsoon. In last two months, since September, cement manufacturers have raised prices, with wholesale prices going up by anywhere between Rs 5 and Rs 40 per bag in the north, west and eastern regions.

8.Chandigarh to have World Trade Centre

A World Trade Centre (WTC) will be established in Chandigarh to connect Indian Micro, Small and Medium Enterprises (MSMEs) with their international counterparts across industry domains.

9.Punjab, Haryana yet to decide a name to airport

The governments of Punjab and Haryana are yet to come to terms over naming their jointly developed airport in their common capital, Chandigarh, near Mohali. It is an international airport being developed by the two states in partnership with the Centre. The existing domestic airport there is being expanded. But its name hasn't yet been settled in the last five years.

10.Authority rejects PPP model for metro project

The UT administration of Chandigarh decided not to implement the metro rail project under the public-private partnership mode as it feels that this model is not fit for this project. The administration plans to set up a 37.57 kilometre metro rail system linking Chandigarh, Panchkula and SAS Nagar at a cost of Rs 10,900-

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