Urban Infrastructure

Omaxe to invest ₹1,000 crore in integrated township near Golden Temple

Omaxe acquires 260 acres on GT Road to build a modern township with residential plots, commercial spaces, and infrastructure in Amritsar

ADB announces $10 billion plan to transform India's urban infra, services

ADB President Masato Kanda announces a five-year plan aimed at transforming urban infrastructure across India; metro expansion, RRTS corridors and skills programmes in focus

Why a few hours of rain still bring India's biggest cities to a standstill

Decades of neglect, chaotic urbanisation and broken governance has left Indian metros like Delhi, Mumbai and Bengaluru flooded in every rain

Smart Cities Mission deadline ends on March 31; targets remain unmet

Among the cities that have fully implemented their projects are Agra, Varanasi, Madurai, Coimbatore, Udaipur, Pune, Surat, and Vadodara

PM should set up high-powered panel on urban infra development: KP Singh

Real estate doyen K P Singh has urged Prime Minister Narendra Modi to set up a high-powered cabinet rank committee to prepare a blueprint for the development of urban infrastructure in all major cities that can support USD 5 trillion economy. The urban master planning should not be for a short-term but for 100 years, the 95-year-old Singh said in an interview with PTI on the occasion of the launch of his second book 'Why the Heck Not?'. His autobiography 'Whatever the Odds' was released by Jack Welch, the former Chairman and CEO of GE, in November 2011. Singh, the Chairman Emeritus of realty major DLF, described the current state of urban infrastructure as "horribly wrong" and said there was a need for "drastic steps" as India is growing and soon going to become the third largest economy in the world. Referring to traffic mess in cities including IT city Gurugram which he built and high pollution level, Singh said these are large issues and "it needs attention in my view of the ...

Urban renewal: Builders ride the redevelopment wave in major Indian cities

Space crunch, need for efficient land use prompt both firms and govt bodies to follow trend

Cities growing upward than outward, says study on modern urban evolution

A new study has indicated that urban areas are increasingly expanding vertically rather than horizontally, with Asian cities leading the trend

Can sponge cities be the solution to India's increasing flooding problems?

44% of global disasters are linked to flooding, extreme weather patterns are likely to increase with climate change, and nature-based solutions to climate change can be 50 per cent more cost-effective

FM Sitharaman stresses on attracting pvt investment to develop urban infra

Finance Minister Nirmala Sitharaman on Sunday underlined the need for embracing innovative strategies to attract private investment, bridge financing gaps and foster sustainable development of infrastructure in cities. Addressing the 'G20 Infrastructure Investment Dialogue', the minister said that the situation with regard to financing infrastructure has become even more challenging in the wake of monetary policy tightening in key markets. The tight monetary policy leads to the hardening of interest rates and the burgeoning debt repayment burden. Against this backdrop, she said, "Innovative financing and funding mechanisms for cities could have significant potential to fill the increasing (funding) gaps. "It can complement the pool of funds available for infrastructure in addition to public investment and financing provided by Multilateral Development Banks (MDBs), she added. "We need alternate solutions to leverage private sector participation in this context. Innovative financin

TMS Ep477: Urban planning, online gaming, markets, gross gaming revenue

Where did India's urban planning go wrong? Is online gaming headed for another shock? Has a Dalal Street priced in demand woes for IT stocks? What is gross gaming revenue? All answers here

90% urban people in Himachal don't have adequate water supply: CAG

The requirement of water in the state was projected to increase to 726.46 million litres per day (MLD) -- 575.97 MLD in rural areas and 150.49 MLD in urban areas -- in 2021

Urban infrastructure principles on the cards in July G20 meeting

The dates for the Gandhinagar meeting have not been finalised

Budget pushes for developing transport, urban infrastructure, housing

Railways ministry gets highest-ever capital expenditure allocation, of Rs 2.4 trillion in FY24

Worker deaths for Fifa world cup between 400 and 500: Qatar official

During an interview with a British journalist, a top official of Qatar involved in the courtry's World Cup organization has put the number of worker deaths for the tournament between 400 and 500

Indian cities will need $840 bn investment over 15 years: World Bank

Municipal bonds account for a marginal share in debt financing, says the report

India to set climate resilient urban growth as G-20 infra agenda

Officials say that the issue climate resilient urban infrastructure is key for developing and developed economies

GMR Warora Energy signs pact with lenders to recast Rs 3,000 cr loans

Loans would be repaid progressively over 15 years, giving the company additional time of about seven years to extinguish the liability

GMR Infra to raise Rs 6,000 crore for cities around three airports

Group power company to raise Rs 3,000 cr separately

Moving on the infrastructure agenda

Globally, municipal bonds are an established and major source of funding for urban infra. However, the municipal bond market is quite underdeveloped in India, notes Vinayak Chatterjee

WABAG secures Rs 1,187 cr contract from Bihar Urban Infra Development Corp

Firm achieves financial closure of its second HAM project and partners with PTC India Financial Services