Latest Answer: @Saras,,,,,
It is absolutely right that from the beginning of 2014 till date, private equity and venture capital firms and angel investors have invested a total of $1861.62 million in 50 projects across roads, ports, power and renewable energy.
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: Yes the development plan of Mumbai in coming years to boost the price of real estate. The project like Coastal road project, clearance of Navi mumbai International airport, Trans habour sea link, CST-Panvel 6 line connectivity will definitely raise price bar.
Latest Answer: Hey Kishore and Shaina,
Don't forget that the authority has also approved the development of Kalyan Growth Centre and the estimated expenditure of Rs 1089 crore for the same. This growth centre will be well connected by road and rail routes and will create job opportunities outside Mumbai and contribute to balanced development of the metropolitan region what with the MMRDA taking up infrastructural development sooner than later.
Latest Answer: @Sunil,
The main objectives of the project is to prepare a traffic dispersal model for potential movability and connectivity, develop North-South road links in the suburbs including a Mass Rapid Transit connectivity, provide bus terminal / bus depots and to create facilities for passengers, make strong East-West connectivity in the suburbs, remove level crossing in Mumbai, provide efficient and fast public transport corridors, Facilitate safe and convenient movement for pedestrians, provide high capacity uninterrupted road connection to both the Airports etc.
Latest Answer: According to Mr. Wilfred, the short term outlook for a turn-around is not positive. Challenges with liquidity and funding are structural issues. Hence, a significant policy is necessary to sort this challenge. However, medium to long term prospects are sure to improve if proposed reforms are implemented. Most infrastructure firms will resort to asset disposal to solve the pressure on funding, till they start making profits. Improvement in investment climate and growth rate can also help the infrastructure sector to make a turnaround.