Homing in on Delhi-NCR for building business

Well linked Not just the NCR, but also adjoining areas, such as Sonepat, Faridabad, Rohtak, Jaipur, Agra and Meerut, are growing rapidly, thanks to a good network of expressways and rail links. Almost all the major real estate developers have a presence in the region. These include DLF, Unitech, Tata Realty, Parsvnath, Raheja and Supertech.…

India will emerge as hub for construction equipment: CII

With a projected investment in the infrastructure sector in the 12th Plan period (2012-17), which is pegged at $1 trillion, the global players in the infrastructure sector, especially the construction equipment (CE) industry have immense opportunity to participate in India’s infrastructure growth story, according to the CII. With a robust manufacturing presence in India, the…

Rapid Metro ready to roll, awaiting safety approval

India’s first privately run Rapid Metro project in Gurgaon has come under the scanner, having overshot its deadline many times. Rapid Metro officials told Newsline that high traffic congestion and legal wrangling over a piece of land were the main obstacles that led to the initial delays. The project stands completed and is awaiting safety…

PM’s panel will drive execution of infra projects

The Prime Minister’s Project Monitoring Group will now start supervising the implementation of as many as 99 infrastructure projects, with investments worth Rs 3.6-lakh crore, already cleared by it. The projects, cleared by the PMG and the Cabinet Committee on Investments, include Sterlite Energy Ltd’s project worth Rs 12,000 crore, Adani Mundra’s thermal power plant…

Cities with modern rail systems a good realty investment

If cities were living beings, transport networks would be arteries determining their growth and health. As India urbanises at an unprecedented pace, its cities, struggling with expansion amid the huge influx of people, are working overtime to improve their transport systems. Many are betting big on modern monorail and metro rail networks. Since good connectivity…