The board of directors of the Asian Development Bank (ADB), has approved financing of up to USD 500 million for a multi-tranche financing facility (MFF) that will develop climate-resilient water supply, sewerage and drainage … READ FULL STORY
In October 2017, businessman Richard Branson, the founder of the Virgin Group, announced a strategic partnership between his company and Hyperloop, named Hyperloop One. The first three corridors selected for the Hyperloop One transportation … READ FULL STORY
As the new government assumed office in Karnataka, a senior IT industry figure expressed hope that it would focus on governance issues and work towards transforming Bengaluru into a true global city. The former … READ FULL STORY
The Maharashtra government, on April 25, 2018, approved the Mumbai Development Plan 2034. While the real estate sector welcomed the plan, others have expressed concern over its impact on infrastructure. The research wing of … READ FULL STORY
Thailand-based companies see good opportunity in India and are looking to invest around USD three billion by 2020, Thai Trade Center’s executive director and consul, Suwimol Tilokruangchai said. “The fast growing Indian market remains … READ FULL STORY
The first movers into any property location, generally do so, because of the affordability offered by that particular location. This was evident in Greater Noida West in Delhi-NCR and the regions beyond Thane in … READ FULL STORY
The Brihanmumbai Municipal Corporation (BMC) has spent Rs 5,052 crores on capital expenditure (amounting to 83 per cent), against the allotted budget of Rs 6,111 crores in the fiscal 2017-18. This is 31 per … READ FULL STORY
The Andhra Pradesh government has been adopting a focused approach, to fill the widening gaps in infrastructure across the state and to meet the challenges posed by a fast-expanding urban geography and demography, said … READ FULL STORY
The Maharashtra government, on March 15, 2018, presented a bill to provide a legal framework, for speedy implementation of infrastructure projects involving laying of underground pipelines and ducts. So far, the state has no … READ FULL STORY
Maharashtra’s finance minister Sudhir Mungantiwar, on March 9, 2018, presented the budget for 2018-19, which has an estimated revenue deficit of Rs 15,374 crores and focuses on improving infrastructure. While he made a provision … READ FULL STORY
Home buyers in Hyderabad usually look for properties with numerous amenities, even if they buy a standard home. Therefore, it could be difficult for a person to distinguish between a standard home and a … READ FULL STORY
In real estate lexicon, market drivers are developments in an area that increase the value of living there. It is a well-established fact that infrastructure is by far, the most important driver for real … READ FULL STORY
“If Mumbai, the ‘crown jewel’, continues to groan under its weight, it will drive away investors,” industrialist Anand Mahindra said, while addressing the ‘Magnetic Maharashtra’ Global Investors Summit in suburban Bandra, on February 18, … READ FULL STORY
