As reported, the government in a statement announced that construction of about 1.23 lakh houses was approved as a part of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) . This brought the total number of houses permitted under the scheme to more than 90 lakh.
The governments of three states, namely Uttar Pradesh, Tamil Nadu and Bihar have asked the Centre to speed up the approval of new and old projects that have been dormant in terms of construction due to their proximity to heritage sites and structures.
IndoSpace has announced its expansion in the North with the launch of parks in Rajpura, Punjab and Luhari, Haryana. These new parks will boost IndoSpace’s move towards its goal to build a portfolio of 120 million sq ft of modern logistics infrastructure across India.
The Indian Railways is reportedly in plans to come up with solar power tenders of 4 GW in order to cut down on its power purchase costs and utilise the vast stretches of linear land along the tracks with greater efficiency.