On 8 September, Bombay High Court ordered MMRDA “for further stalling of road-widening work on a property owned by a housing society” in Kurla, after alleging that the government had “high-handedly” taken over 700 square metres. The work is carried out in an extended road from Kurla to Vakola on a road between Santacruz and […]
Bombay High Court ordered MMRDA to stop road-widening work on housing society plot.more
Smart parking is going to be launched on 10 CBD roads in a month. BBMP planned to introduce the system on 85 roads with a particular emphasis on Central Business District (CBD). Initially, the facility is accessible on 10 roads. The project is being implemented according to the Public-Private Partnership (PPP) model and includes the […]
BBMP plans to launch smart parking on 10 CBD roads in a month.more
The city council agreed to pay Rs 20 crore to complete the land acquisition for the Chandni Chowk flyover project owned by defence establishments. The sum will be transferred phase by phase to the National Highways Authority of India (NHAI). In the case of obtaining 0.48 hectares in the name of the Pune Municipal Corporation, […]
PMC to acquire land owned by defence establishments for Rs 20 crore.more
SPL is planning to launch 4-5 plotted development projects this year, through a strategic partnership with SLV Infra Projects Bengaluru, 1 June 2020: Shriram Properties Limited (SPL), one of South India’s leading residential real estate development company, announced further expansion of its plotted land development portfolio through a strategic partnership with SLV Infra Projects, which […]
Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projectsmore
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
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
Places like Tambaram and Chromepet could see a surge in demand because of the proposed metro service from the Chennai Airport to Kilambakkam. After the much anticipated and needed announcement of Chennai Metro Rail, which would connect Chennai Airport to Kilabakkam, southern suburbs like Tambaram and Chromepet expect an increase in property prices. According to […]
South-Chennai to become an ideal investment zone.more
Nanma Properties, part of the Eastern Group has established preparations for entrance into the affordable housing market. The decision of the Group reflects the declaration by the Central Government of the subsidies for the affordable housing sector. Navas Meeran, Chairman of the Eastern Group, said Nanma Properties Ltd will invest Rs 2,500 crore in an […]
Nanma Properties, part of the Eastern Group is going to enter into Affordable Housing Market.more On Sunday, Eknath Shinde, newly appointed Minister of Urban Development, said that the government is expected to intensify its work to extend the Pune’s metro network. Shinde, who flagged off the second tunnel-boring machine (TBM) on Sunday for the city’s underground Metro stretch, also said Metro rail projects will be launched after Pune and Nagpur […]
Eknath Shinde spoke about the fast-moving metro extension in Maharashtra.more
With a growing number of projects in the infrastructure market, new order inflows for the construction companies will increase in 2020, rating agency Icra said on Tuesday. Nevertheless, Icra has given a positive view for the construction sector, noting that land acquisition delays, financial issues and state government preferences pose a threat to new order […]
ICRA Report: Construction Industry to see an uptrend in new order inflows.more