The Delhi Development Authority (DDA) is set to give about 125 acre along the upcoming Urban Extension Road-II to the National Highways Authority of India to ensure completion of the project with the necessary funding.
The National Highways Authority of India (NHAI) will invite bids for 400 km long road stretches, in Jammu and Kashmir, Maharashtra, Haryana, Gujarat and Madhya Pradesh, as part of the fourth bundle offered under the toll-operate-transfer (TOT) mode.
The Indian Railways is looking for possible earnings of Rs.75 bn from three land parcels by monetising them as a part of the Transit Oriented Development (TOD) scheme. Prior to the TOD approval in Delhi, where the parcels are located, the railways expected to earn Rs.50 bn.
As reported, Forum for People’s Collective Efforts (FPCE) has positively responded to the government’s decision to create a Rs 250 billion fund to provide aid to around 1,600 stalled real estate projects that can now be completed.
The government is planning to fix the minimum distance between two ports in tune to its efforts to maintain their financial viability. According to the proposed Indian Ports Act (IPA), the Centre will be tasked with the decision of stating how far two ports should exactly be