Unsold real estate inventory in the country, is often blamed on over-supply. The root cause of what is termed as over-supply, may, in fact, be the mismatch between demand and supply. However, this fails … READ FULL STORY
Transportation infrastructure in cities across the globe, has a proven positive impact on real estate and also along the peripheral micro-markets of the cities. There is optimism, hence, that the development of the metro … READ FULL STORY
Noida (New Okhla Industrial Development Area), a satellite city of Delhi, which is part of the National Capital Region, has changed a lot in the last decade, says Suhasini Paul, a well-known toy designer. … READ FULL STORY
The Delhi government has launched a common mobility card, which can be used by people for travelling in metro trains, DTC and cluster buses, transport minister Kailash Gahlot announced, on December 3, 2018. He … READ FULL STORY
Urban affairs secretary DS Mishra, on March 8, 2018, revealed that a new law was being framed, for metro networks across the country. “The two existing laws related to operation, maintenance and construction, have … READ FULL STORY
Union minister Hardeep Singh Puri said, on March 6, 2018, that the metro rail network in the county was expected to cross 700 kms in the next few years. Addressing an event in New … READ FULL STORY
The Uttar Pradesh government has decided to start metro services in Agra, Kanpur and Meerut cities by 2024, at a total estimated cost of Rs 43,800 crores, state cabinet minister Sidharth Nath Singh said, … READ FULL STORY
While addressing a public meeting at Noida, after the inauguration of the Delhi Metro’s Magenta line by prime minister Narendra Modi, Uttar Pradesh chief minister Yogi Adityanath announced that metro rail projects would also … READ FULL STORY
Maharashtra is on track to become a trillion-dollar economy, given the impetus to infrastructure development in the last three years, with the state attracting more than half of the total foreign direct investment (FDI) … READ FULL STORY
The Maharashtra government should have gone in for the construction of an ‘elevated rail track’ over the existing suburban network of the Western and Central Railways, from south Mumbai towards at least Ghatkopar and … READ FULL STORY
The new metro rail policy, will increase the state government’s role and responsibility in developing new metro projects, says a report by ICRA. The report elaborated that the viability can be improved, by promoting … READ FULL STORY
The new metro rail policy that was unveiled by the central government recently, will boost private investment in metro projects, facilitate rail operations and promote competitiveness, union urban development minister, Narendra Singh Tomar said, … READ FULL STORY
The union cabinet, at a meeting chaired by prime minister Narendra Modi, on August 16, 2017, approved a new metro policy that makes the public-private partnership (PPP) component mandatory, for availing central assistance. The … READ FULL STORY
