Real Estate Forum on Infrastructure Project In Mumbai

Latest Answer: As per the company, they have around 17 road projects out of which 6-7 are not profit making. Few years back, everyone went aggressive when they thought that roads sector is a sunrise industry. That time they did not understand there could be barrier in terms of right of way, or work will stop, cost will rise and government will not give extra claims because of which majority projects not going well.

Latest Answer: To get the reasonable result, govt. should support those cities or state first. "Jyada Khakar Bimar Hone se Achcha Hai ki Kum Khakar Healthy Rahe"......... Government grants will be leveraged to attract funding from internal and external sources but unless there is a possible business model or guarantee from the centre, this would not be easy. Also, the track record of Public Private Partnership (PPP) projects is at best mixed and when there would be multiple parties associated like the center, states, local bodies and private entities, the task would be even more challenging.

Latest Answer: The metro line between Charkop and Mankhurd is currently stalled due to the deadlock between the developers and the government over various clearances and permissions. There is also an opposition to the elevated section. The estimated cost of the project is Rs. 11,000 crore. If the route becomes an underground route instead of an elevated section, the estimated cost would be around Rs. 22,000 crore. With falling value of rupee, it may cost an additional Rs. 2,000 crore. The metro line between Colaba and Andheri SEEPZ via Bandra is completely an underground route with an estimated cost of Rs. 22,000 crore. With the falling rupee value, this too may cost Rs. 2,000 extra.