With an aim to boost development of roads and highways, the government has invited lowest bids for raw materials. The tender will be open to both private and public sector companies. A total of six companies have submitted their quotes of Rs 160 per bag of 50 kg - the price of which is half the market price of Rs 300-350.
Despite the infrastructure 'boom', the industry has failed to adhere to the momentum expected from it in terms of project execution. Janaki Krishnamoorthi delves into the reasons behind this and discovers that corruption, lack of transparency and rigidity must be eradicated for India to live up to its potential.
Real estate in Delhi, over the last few years, has become a major attraction for both builders and investors. The capital city boasts of an impressive infrastructure that includes services like an international airport, Metro rail, five star hotels, and world class luxury residential and commercial properties.
Make no mistake; Gujarat is in the grip of an irresistible momentum, constantly buzzing with activity. From real estate and automobiles to infrastructure activities galore, the state promises to be a viable option for investors and developers in the country and abroad.