Integrated township as the future of urban living is an established reality. However, the future of integrated townships depends not only on the infrastructure development, but also creation of overall social infrastructure. Track2Realty delves deeper into the issue to find out the thin line that bifurcates between a successful case study and a dream unfulfilled.
Many developers believe that slum redevelopment adds asset value appreciation to the existing properties in the vicinity. This is a primary concern when it comes to town planning and infrastructure development. They say when a slum is redeveloped; the infrastructural development of the area in and around it is bound to happen.
Immediately after Ahmedabad-based power, port and mining company Adani Enterprises Ltd (AEL) decided to part with its real estate business a day ago, the Adani family clarified that they are keen on retaining Adani Infrastructure Development Pvt Ltd (AIDPL).
DLF has signed an agreement to divest all its stake in Galaxy Mercantile Ltd, a joint venture company between DLF Home Developers Ltd and Infrastructure Development Finance Company Ltd (IDFC).
DLF and The 3C Company are likely to sell their IT Park in Noida to Infrastructure Development Finance Company (IDFC) for about Rs.500 crore.
LIC Housing Finance Ltd plans to launch a Rs 500 crore venture capital (VC) fund for urban infrastructure development by September, according to its Director and Chief Executive Officer, V K Sharma.
Infrastructure development firm Phadnis Infrastructure plans to invest over Rs 1,700 crore in the next five years to fuel its expansion plans.
In view of the farmers agitation in Greater Noida, the surface transport ministry is learnt to have taken a u-turn from its earlier stand of facilitating land acquisition for both infrastructure development and real estate projects.
MARG Limited, the diversified infrastructure development company has unveiled “Mr. Joy”, the mascot symbolizing a new brand identity for its real estate arm – MARG ProperTies.
Atlanta Ltd has announced that it is a company with deep rooted presence in three of the country’s fastest growing segments; infrastructure development, mining and realty.