The Steel Secretary, PK Misra, recently admitted that land availability for mega green-field projects will continue to nag promoters till a “widely acceptable policy for Rehabilitation and Resettlement (R&R) which has the acceptance of States emerges
With the government turning down repeated request to bail out Indian Railways, its Minister Dinesh Trivedi has sought a corpus fund on the lines of the National Rural Health Mission (NRHM) to take care of select projects.
Blue Star has won the order for the environmental control system and building management system valued at Rs.84 crore for the 7 underground stations of phase-I of Bangalore Metro.
Over the past few years, ‘Sustainable Development (SD)’ has emerged as the latest development catchphrase. It is an interesting phrase but serves no purpose in today’s world if they are not backed by long-term models? In brief, sustainable development should be such that meets the needs of the present without compromising the ability of future generations to meet their own needs.
What is in store for the real estate sector in 2012 remains the biggest question. Pranab Datta, Vice Chairman & Managing Director at Knight Frank India forecasts improved fortunes for residential property market whereas the commercial office market shall continue to remain subdued on account of weak global and domestic economic indicators
According to Cherag Ramakrishnan, CEO, Equinox Realty, “Corporate clients are looking for better facilities, proper management and reliable landlords when it comes to commercial properties”
“If FDI in retail does get approved, new retailers will be encouraged to enter the country and more local brands will emerge”, feels Jateen Gupta, MD of JP Iscon
