Category: Construction Industry

Mumbai Traffic

Government clears 25 structures, reduced travel time from 1hr 20mins to 10mins.

November 18, 2019

During rush hours, most motorists used to take 1hr 20mins to clear Lower Parel railway station to the Doordarshan junction in Worli which is just 1.7kms. This is the chaos that Mumbaikars ended up walking to their destination because there was no way to find a taxi. Finally, on Saturday morning, the decades-old problem came […]

Government clears 25 structures, reduced travel time from 1hr 20mins to 10mins.more
Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

RERA: A group of residents cannot file a complaint against a builder without registration.

November 16, 2019

The Gujarat Real Estate Appellate Tribunal stated in a significant order that the group must, first be registered association if a group of residents wants to complain against a developer with the Gujarat Real Estate Regulatory Authority (RERA). The residents or allottees of houses can lodge complaints either individually or by means of a lawyer, […]

RERA: A group of residents cannot file a complaint against a builder without registration.more
Children Play Area

The need for a playground in the upcoming residential projects.

November 15, 2019

People are social beings that strive for relationships and a sense of belonging. The extent to which we succeed in building long-term relations in adulthood is largely determined by the level of social development we have had as children. Today, parents are more aware and involved in their children’s overall development. Importance of an open […]

The need for a playground in the upcoming residential projects.more
Artificial Sand

Maharashtra authorities to adopt 20% of artificial sand in their Infrastructural Projects.

On Wednesday, the Public Works Department (PWD) directed all local authorities in Maharashtra to use crushed, artificial or manufactured sand to their limits at least 20% for infrastructural activities. In this respect, the Government Resolution (GR) was issued under the authority of the governor by the Council. The GR stated that it is time for […]

Maharashtra authorities to adopt 20% of artificial sand in their Infrastructural Projects.more
Commercial Property

Thinking of investing in a commercial property? Check these 5 crucial points for making the best commercial investment.

November 14, 2019

When you think about commercial property investment you probably want to carry out a comprehensive market analysis for the investment and may not understand how to do it. There are different types of data that may or may not be relevant to you. It is worthwhile to extract the data which is relevant to you […]

Thinking of investing in a commercial property? Check these 5 crucial points for making the best commercial investment.more
Morgan-Stanley

Global investment bank Morgan Stanley has acquired the biggest deal in Goregaon, Mumbai.

November 13, 2019

Morgan Stanley, the global investment bank, has been taking up almost 800,000 sq. ft of office space at Mumbai’s suburb in Oberoi Realty’s Commerz project; it is one of the largest built-to-suit office space deals in the country. The contract is for 15 years, which includes a fixed term of 10 years and an option […]

Global investment bank Morgan Stanley has acquired the biggest deal in Goregaon, Mumbai.more
Infrastructural Projects

Infrastructure projects invade by Rs 3.88 lakh crore because of delays and other factors.

According to a survey, as many as 355 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns over Rs 3.88 lakh crore due to delays and other factors. Infrastructure projects worth Rs 150 crore and above are regulated by the Ministry of Statistics and Programme Implementation. Of those 1,623 projects, 355 […]

Infrastructure projects invade by Rs 3.88 lakh crore because of delays and other factors.more
Land Banking

Entities involved in Land Banking and its effect on the real estate sector.

November 12, 2019

Land banking consists of aggregating the plots or land blocks for future sales or construction at current or below-market rates. A land aggregator aggregates land-based on social infrastructure and demographic factors by monitoring the geographical and topological locations that are ready for investment. The land usually originates in an unprepared format to the aggregator, whereby the land […]

Entities involved in Land Banking and its effect on the real estate sector.more
Oshiwara District Centre

Oshiwara District Centre will be the next business hub in the line of BKC.

As a next central business area on the route of Bandra Kurla Complex (BKC), MMRDA is quickly developing the Oshiwara District Center (ODC). ODC aims to offer high quality residential, commercial and retail spaces, situated strategically between Goregaon and Andheri-Lokhandwala, with the new technological facilities, spread over 160 acres. ODC is intended to develop as […]

Oshiwara District Centre will be the next business hub in the line of BKC.more
construction workers

Construction workers in Maharashtra will receive smart cards from 2020.

November 11, 2019

In order to assure the safety and security of construction workers on the site, online registration and allocation of smart cards would be started in Maharashtra by next year. The labour welfare board will set up 41 centres across the state to allow workers to register themselves without any problems. Till now Aurangabad, Jalna, Worli, […]

Construction workers in Maharashtra will receive smart cards from 2020.more