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1.Infra slowly getting into action with Budget 2020: CW

Rs 1.70 tn is being allocated for transport infra in the Union Budget 2020-21


2.JLL rates Budget 3/10 for the real estate sector

Budget has no direct impact on Real Estate, focus continues on Infrastructure and revival of consumer demand


3.We have tendered out 3,800 projects worth Rs 1,380 billion

The Smart Cities Mission (SCM) is proving to be a gamechanger in Indian urban transformation. “This is a unique mission, working to rejuvenate the mind, body and soul of Indian cities!”


4.AFD is working with Maha-Metro on the Nagpur and Pune metros.

The agency is funding Kochi, Bengaluru, Nagpur and Pune metro projects.


5.JICA supports metro-rail through ODA loans and technical cooperation.

JICA extends a cumulative loan amount of about Rs 870 bn for six cities.


6.CCEA approves Rs 336.9 bn for Phase 3 of Mumbai Urban Transport Project

The recently approved project is expected to be completed on the coming five years


7.JICA will support metro projects through ODA loans and technical cooperation

To assist India in building its metro network, JICA has extended a cumulative loan amount of Japanese Yen 1.3 trillion (about Rs 870 billion) for six cities: Delhi, Bengaluru, Chennai, Kolkata, Mumbai and Ahmedabad.


8.Mumbai Urban Transport Project receives Rs 5.79 bn from Indian Railways

The Indian Railways has been reportedly allotted funds for improving the suburban rail system and its expansion in Mumbai. The Indian Railways has sanctioned Rs 5.79 billion for various phases of Mumbai Urban Transport Project (MUTP).


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