When should a housing society in Mumbai start considering re...
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09 May 2025
The Asian Development Bank (ADB) is collaborating with the Nagpur Municipal Corporation (NMC) to develop a comprehensive framework for Transit-Oriented Development (TOD) zones around key metro stations. This initiative aims to transform areas like Sitabuldi into vibrant commercial, entertainment, and mixed-use hubs, promoting walkability, enhancing public transport access, and encouraging sustainable, high-density development. ADB's technical assistance includes revising TOD policies, preparing detailed project reports, and suggesting policy-level modifications. A dedicated steering committee will oversee the project, ensuring coordination among various stakeholders.Read more
08 May 2025
Adani Ports will invest INR 13,000 crore in the second phase of the Vizhinjam International Seaport, expanding its capacity to 5 million TEUs by 2028. Located near Thiruvananthapuram, the port's development is expected to reduce reliance on foreign transshipment hubs and spur growth in logistics, warehousing, and real estate along Kerala's southern coast. The Kerala government is contributing INR 1,637 crore for infrastructure, including an extended breakwater. As Vizhinjam becomes a strategic trade gateway, experts anticipate a rise in industrial parks, port-linked housing, and commercial zones, mirroring growth seen around other major ports like Mundra and Krishnapatnam.Read more
08 May 2025
The Delhi-Haryana-Rajasthan RRTS corridor, spanning 102 km from Delhi's Sarai Kale Khan to Shahjahanpur-Behror in Rajasthan via Gurugram, is set to begin construction in August 2026. Managed by NCRTC, the project is estimated to cost INR 35,000 crore and will be jointly funded by the Centre and state governments. The route includes underground and elevated sections along NH-48, with key stations at Aerocity, Cyber City, Iffco Chowk, and Hero Honda Chowk. Construction is expected to conclude by 2031, followed by testing. This corridor is part of a wider plan to improve regional transit, aiming to ease congestion, shorten commute times, and promote sustainable urban development in the NCR.Read more
08 May 2025
Savarkar Sadan, the historic residence of Vinayak Damodar Savarkar near Shivaji Park in Mumbai, is likely to be demolished and redeveloped. Built in 1938, the structure has deteriorated due to internal damage, prompting residents-some of whom have already sold their units to a developer-to support redevelopment. The bungalow holds deep historical significance, having hosted figures like Subhas Chandra Bose and Nathuram Godse. Over time, it was expanded under the TDR scheme. Currently, a small museum run by the Savarkar Trust operates on the ground floor. The Trust aims to retain and expand the museum in the new building while preserving the legacy by retaining the name 'Savarkar Sadan'.Read more
07 May 2025
Prime Minister Shri Narendra Modi recently inaugurated and laid the foundation for infrastructure projects worth over INR 58,000 crore in Andhra Pradesh, marking a major push for Amaravati's development. With INR 49,000 crore dedicated to capital city projects like the legislative assembly, high court, and housing for officials, the move revives the stalled Amaravati capital vision. Other key projects include a missile testing center, national highways, and a unity mall in Visakhapatnam. PM Modi and CM Shri Chandrababu Naidu pledged joint efforts to transform Amaravati into a hub for IT, AI, and green energy, aligning with national goals of inclusive and sustainable growth.Read more
07 May 2025
The BMC has penalized a contractor INR 75 lakh after substandard materials and poor curing were found on Khar West's 34th Road during a surprise inspection. The contractor had falsely certified the road as complete, with further investigation revealing weak concrete, undersized aggregates, and missing compaction tests. Additional Municipal Commissioner Abhijit Bangar called the failure systemic, fining not just the contractor but also the quality monitoring agency and municipal staff. The incident raises questions about the enforcement of BMC's quality checks, especially as the city aims to concrete 400 km of roads by May 31 under a high-profile infrastructure drive.Read more
07 May 2025
Adani Enterprises has unveiled a INR 36,000 crore capex plan for FY26, with INR 10,500 crore dedicated to airport upgrades and expansion, including the Navi Mumbai International Airport. The group is also investing INR 9,000 crore in solar PVC, INR 5,500 crore in green hydrogen, and INR 6,500 crore in roads. Adani Airports handled 94.4 million passengers in FY25, with nearly half of EBITDA generated by the Mumbai International Airport. The Navi Mumbai airport's progress is expected to spur real estate growth in Panvel, Ulwe, and Dronagiri. The group's port arm is also eyeing international expansion, reinforcing its role in India's infrastructure transformation.Read more
07 May 2025
Mumbai may soon witness the construction of its first underground railway corridor, linking Chhatrapati Shivaji Maharaj Terminus (CSMT) to Parel. Spanning over 17.5 km in two phases, the project is projected to cost around INR 3,000 crore and aims to decongest the city's Central Railway line. Railway authorities have initiated a feasibility study, which includes soil testing and survey work. If approved, the corridor could significantly improve passenger flow, particularly during peak hours, with trains running 25 metres below ground. The project is currently at a conceptual stage, pending further approvals and financial evaluations.Read more
06 May 2025
The National Highways Authority of India (NHAI), in collaboration with GR Infraprojects Ltd., is set to construct an 88 km, six-lane expressway connecting Agra and Gwalior at an estimated cost of INR 4,613 crore. The Greenfield expressway, expected to be completed in 30 months, will enhance connectivity between prominent tourism hubs and improve logistical efficiency. Additionally, the project will feature wildlife conservation measures, including a cable-stayed bridge over the Chambal River, aiming to safeguard local fauna.Read more
06 May 2025
The Maharashtra government has approved the permanent transfer of 28 land parcels from PMC and PCMC to Maha Metro, granting it full ownership to develop commercial projects and boost non-ticket revenue for the Pune Metro. While the move supports metro expansion and financial sustainability, the PCMC has raised objections, demanding compensation as per rent policy norms for the 4,886 sq m of land transferred, including 15 sites linked to the Nigdi extension. The land-use decision is critical to the metro's financial model, but municipal pushback may impact implementation timelines if not resolved amicably.Read more