Monthly Archives: March 2010

Vadodara’s Ambitious 50 crore Flyover Project

Congestion caused by a road accident, Algarve,...
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Vadodara Municipal Corporation (VMC) is heading towards his ambitious flyover project. The new flyover will begin from Dandia Bazaar crossroads near Maharani Shantadevi Nursing Home and will end in Akota.

VMC has already begun the procedure for acquisition of land in Laxmi Vilas Palace compound.

According to analyst this new project that will reduce traffic congestion in Kalaghoda, Sayajigunj and Alkapuri areas of the city.

Flyover Cost :  50 Crore  (excluding road)

Road Cost : 10 -15 Crore

Road distance : 1.5 to 1.7 KM

flyover distance :  0.85 KM

View Flyover in a larger map

Source : Times of India

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Riverfront Development for Vishwamitri

Vishwamitri River outside Vadodara
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Vadodara Municipal Corporation (VMC) plans to establish a body for the development of Vishwamitri river on the lines of the Sabarmati Riverfront Development.

Idea of having separate body is creating focus and keep continuity in work. It might take a long time, may be even 20 to 25 years, to develop a riverfront.

The Vishwamitri river is a seasonal river which flows east to west between the Mahi and Narmada rivers in Gujarat, India. It originates in the hills ofPavagadh.

The Vishwamitri flows west through the city of Vadodara and joins with the Dhadhar River and Khanpur River and empties into the Gulf of Khambhat, near Khanpur village.

Source:http://timesofindia.indiatimes.com/city/vadodara/VMC-keen-on-riverfront-development-corporation-for-Vishwamitri-/articleshow/5680841.cms

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Gujarat Infrastructure Fund to be launched by April 2010

Seal of Gujarat

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According to article in DNA Newspaper, Gujarat government will soon launch infrastructure fund to finance different upcoming projects in information technology, biotechnology, small and medium enterprise and nano technology projects among others.
This will be 5000 crore fund which will be managed by the Gujarat Venture Finance Ltd . This fund will be launched by April 2010.
It is expected that return on investment will be around 18% to 21%.
Which kind of project will be laid down in Vadodara city out of this fund is still unknown.

According to article in DNA Newspaper, Gujarat government will soon launch infrastructure fund to finance different upcoming projects in information technology, biotechnology, small and medium enterprise and nano technology projects among others.
This will be 5000 crore fund which will be managed by the Gujarat Venture Finance Ltd . This fund will be launched by April 2010.
It is expected that return on investment will be around 18% to 21%.
Which kind of project will be laid down in Vadodara city out of this fund is still unknown.

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