Any project involving politians is a sure recipe for failure. The project should be revised keeping environmental concerns in mind. It could be added to the existing list of Smart Cities. We need to build future Greenfield cities and the Government must put in a policy so that Lavassa kind cities do not get shunted after sinking in a lot of money and national wealth.
His comment about "ourselves and some of the SPVs" having spent 4000 crores may have gone unnoticed by some. Usually, SPVs are structured in a manner where the bulk of the funding (between 75-90% normally) is done by outside lenders (banks and financial institutions by way of debt and not equity). He has clearly side-stepped the issue of how much HCC (and he personally) have invested. The interviewer also clearly glossed over the answer. Either he does not understand the SPV stuff or he wanted to under-play the ramifications. In which case, he is either incompetent or complicit - take your pick...
Any project involving politians is a sure recipe for failure.
The project should be revised keeping environmental concerns in mind. It could be added to the existing list of Smart Cities.
We need to build future Greenfield cities and the Government must put in a policy so that Lavassa kind cities do not get shunted after sinking in a lot of money and national wealth.
India would had a great masterpiece if it didn't had dirty politics
His comment about "ourselves and some of the SPVs" having spent 4000 crores may have gone unnoticed by some.
Usually, SPVs are structured in a manner where the bulk of the funding (between 75-90% normally) is done by outside lenders (banks and financial institutions by way of debt and not equity). He has clearly side-stepped the issue of how much HCC (and he personally) have invested.
The interviewer also clearly glossed over the answer. Either he does not understand the SPV stuff or he wanted to under-play the ramifications. In which case, he is either incompetent or complicit - take your pick...
The mud is much murkier with sweat & blood than it appears....🤧
our neighbors will be celebrating 🤦♀
This is only happened due to durty politics
Failed easy money always back fires
Ministry of environment ki permission Pehle kyu nahi li thi system hi ulta he Pehle banao fir permission dhundho
Dear sir take highway project don't take real estate