Poipet: The latest real estate boomtown in Cambodia

Cambodia’s northwestern border town of Poipet is fast becoming a rival to Sihanoukvillein terms of real estate development. Poipet, which borders Thailand and hosts an important border crossing between the two neighboring countries, is in the middle of a building boom. Casinos, hotels, commercial buildings, and residential developments are going up in different parts of the town, fueled by massive foreign […]

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AAI close deal with Gujarat for Dholera airport project by next month

By Realty Quarter Bureau The Airports Authority of India (AAI) was likely to finalise a deal with the Gujarat government by next month for the proposed Rs 2,000crore Dholera airport, a senior state official said. “We have already sent the proposal to them (AAI) and they have accorded in-principle approval for it. We hope that by mid-August we will be able to finalise […]

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GVK in final terms of final closure for Navi Mumbai Airport

By Realty Quarter Bureau Navi Mumbai International Airport’s executive chairman, GVK Reddy, announced that the GVK Group had achieved financial closure for the construction of the first phase of the airport, on schedule. “This will now enable us to focus on the next steps, which is the construction and completion of the first phase, of yet another landmark airport in […]

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International Airport status to Surat Airport

By Realty Quarter Bureau Surat people will soon be able to fly abroad from their own city. With the central government notifying the airport as customs airport, it has now got the status of an international airport. Not only will it be good for tourists, the business community, essentially, will get a huge benefit. The Airports Authority of India (AAI) […]

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Nitin Gadkari reviews progress of all the ongoing National Highways in Goa

By Realty Quarter Bureau Union Minister for Road Transport & Highways, Shipping, Water Resources, River Development & Ganga Rejuvenation Nitin Gadkari is holding a two-day review of the ongoing National Highways projects at Goa. He will review over 700 projects with Project Directors, contractors/ concessionaires, state government officials and officials of NHAI and the Transport & Highways Ministry over the […]

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Mumbai Metro wants permission to carry work at night on Metro Phase III

By Realty Quarter Bureau Stating that the tunnel-boring work in Cuffe Parade could only be done at night, when the traffic was minimal, the Mumbai Metro has sought the high court’s permission to carry out construction work round-the-clock The Mumbai Metro Rail Corporation (MMRC), on June 6, 2018, approached a High Court-appointed committee, seeking urgent permission to carry out construction […]

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State government to push infra development for Ecotourism

By Realty Quarter Bureau The state government is keen to develop ecotourism destinations to increase tourist footfall. A source said work was already in progress at 30 places of scenic beauty across 22 districts. Tourism minister Ashok Chandra Panda is pinning great hopes on the project for the growth of state tourism. He recently told the reporters about the plan followed by […]

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World Bank Loans India $500m for Rural Road Building

By Realty Quarter Bureau The Indian government and the World Bank have signed an agreement for a $500m loan to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) rural roads project. The project includes the construction of 7,000km of all-weather roads, half of which will be built using green technologies, including: Climate vulnerability assessment during the design process […]

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Telangana replaces about 4,000 transport vehicles with electric ones

By Realty Quarter Bureau The Telangana government plans to replace about 4,000 state-run public transport vehicles in Hyderabad, run on diesel, with electric vehicles in a phased manner, the state’s municipal administration minister has announced As an environment-friendly measure, the Telangana government is planning to phase out 3,800 Road Transport Corporation (RTC) vehicles in Hyderabad, the state’s municipal administration minister KT […]

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State government issues guidelines for construction of bridges

By Realty Quarter Bureau The Maharashtra government has come out with guidelines to avoid a delay in the construction of bridges, due to a lengthy land acquisition process. According to a recently-issued government resolution (GR), the Public Works Department (PWD) will take action and slap a penalty, on those not following the norms. “Construction work of several bridges in the […]

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