Category: Infrastructure

Mumbai and Pune city may not get the relief benefit for the construction projects.

April 17, 2020

The updated guidelines for ongoing construction projects provided by the Center on April 15 have come as a significant relief to the builders as workers stationed at such sites are now able to begin construction work. The updated guidelines, however, also confirmed that such work cannot be performed in places designated as COVID-19 hotspots. Mumbai […]

Mumbai and Pune city may not get the relief benefit for the construction projects.more

Home Ministry permits 15 industries to start their work with social distancing norms.

April 13, 2020

Two days until the slated end of the lockdown, the government has enabled more than 15 types of industries to begin their work on a single shift basis with minimal manpower and distancing norms. These involve large electrical goods such as transformers and circuit vehicles, telecom equipment and components like fibre optic cable, compressor and […]

Home Ministry permits 15 industries to start their work with social distancing norms.more

PHD Chamber suggested all under-construction projects to be treated as assets for granting credit to the developers.

April 11, 2020

PHD Chamber of Commerce and Industry (PHDCCI) has suggested that ongoing projects must be treated as assets for providing credit to developers, zero- period interest waiver in Uttar Pradesh should be provided for two years amid COVID-19, and developers who have applied for partial or partial project competition must be issued completion certificates to prevent […]

PHD Chamber suggested all under-construction projects to be treated as assets for granting credit to the developers.more

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