Category: Infrastructure

BMC resumes infrastructure work amid lockdown, explains as the pre-monsoon measures.

April 10, 2020

Despite the lockdown, BMC has begun pre-monsoon road-resurfacing, desilting and bridge-building work to prevent accidents, flooding, water-logging and rainfall diseases — it has a little over a month and a half to complete the job. On 6 April, BMC resumed 112 works on roads, bridges and stormwater drains (including desilting) with 2,500 labourers. Additional Municipal […]

BMC resumes infrastructure work amid lockdown, explains as the pre-monsoon measures.more

Housing Minister: Real Estate will soon get special regulatory measures to get restored the industry.

April 9, 2020

Special guidelines and legislative measures will soon be issued for the real estate industry, including the Real Estate Legislative Act (RERA), to counter this crisis, said Durga Shanker Mishra, Secretary, Housing and Urban Affairs. “We are caught in an unimaginable scenario that has engulfed the whole world in its grip. In these critical days, we […]

Housing Minister: Real Estate will soon get special regulatory measures to get restored the industry.more

COVID-19: BMC prepares 20 additional hospitals in Mumbai along with quarantine wards.

The coronavirus is Spreading like wildfire, the amount of people in Mumbai testing positive for COVID-19 is rising constantly. The Brihanmumbai Municipal Corporation has prepared, with this rise, 20 more hospitals with doctors and nurses at standby. “Two, 140-bed hospitals in Vikhroli and Ghatkopar have been equipped with different entry gates and quarantine wards. In […]

COVID-19: BMC prepares 20 additional hospitals in Mumbai along with quarantine wards.more

PMI: UK construction industry experiences the steepest decline in activity in March 2020.

April 7, 2020

Britain’s construction industry experienced the sharpest decline in activity following last month’s financial crisis, a survey revealed on Monday, despite seeing far less pressure than other sectors that are affected due to coronavirus pandemic lockdown. Also reported last week’s figures from financial data provider IHS Markit and the Chartered Institution of Procurement and Supply (CIPS), indicating the British business sector as a whole is shrinking at the highest pace in more than 20 years. The construction Purchasing Managers’ Index (PMI) plunged to 39.3 in March from 52.6 in February, its lowest since April […]

PMI: UK construction industry experiences the steepest decline in activity in March 2020.more

Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

K-RERA allows three months deadline extensions on all RERA projects.

April 6, 2020

The Karnataka Real Estate Regulatory Authority (RERA) has provided a deadline extension for all residential buildings throughout the city, taking into account the lockdown declared by the state and the union governments. Much of the mass exodus of migrant workers who decided to return to their hometowns before the coronavirus outbreak, the continuing construction projects […]

K-RERA allows three months deadline extensions on all RERA projects.more

Maharashtra Ready Reckoner Rates to be declared after 31st May 2020.

March 31, 2020

On Monday, the Inspector General of Registration and Stamps (IGR) said Maharashtra’s Ready Reckoner prices will be declared after May 31 owing to the COVID-19 outbreak. It was expected to declare ready reckoner rates for this year on April 1. In an order released on Monday, state IGR Omprakash Deshmukh said the rates will be […]

Maharashtra Ready Reckoner Rates to be declared after 31st May 2020.more

BMC Commissioner seeks to provide temporary shelters for the homeless labourers.

BMC commissioner Praveen Pardeshi has instructed building proposals department officials to locate recently built unoccupied buildings in their regions so that they can act as temporary shelters for homeless labourers and other emergencies. Civic officials said there were several such buildings in the city, so it was necessary to use the first few floors of […]

BMC Commissioner seeks to provide temporary shelters for the homeless labourers.more

Realty developers to advertise and close the housing deals via digital platforms.

March 24, 2020

Realty developers are now advertising their latest releases through digital platforms, as the Covid-19 outbreak and the predicted reduced amount of visits of homebuyers at their sales offices provide no relief. Several major developers such as Godrej Properties, Total Environment Building Systems, and Prestige Group have introduced digital site tours, confirmations and verifications from email […]

Realty developers to advertise and close the housing deals via digital platforms.more

Realtors’ body rules to provide wages to the construction workers even though they are off work due to COVID19.

March 21, 2020

Realty developers body the Confederation of Real Estate Developers Association of India (CREDAI) has opted to pay construction staff even though they are off work owing to sickness or work stoppage at the site in the context of ongoing coronavirus mayhem. CREDAI has mentioned in a letter to members of its realty developers that this change would […]

Realtors’ body rules to provide wages to the construction workers even though they are off work due to COVID19.more

Pune Municipal Corporation standing committee allocates Rs 230 crore for Metro extension.

The Pune Municipal Corporation’s standing committee has issued its go-ahead to allot Rs 233.75 crore for the Swargate-Katraj Metro extension, which is estimated to cost Rs 4.283 crore. The Standing Committee also sought the consent of the general body to delegate the operation of the project to Maharashtra Metro Rail Corporation (MahaMetro) and present the […]

Pune Municipal Corporation standing committee allocates Rs 230 crore for Metro extension.more