10 Mar 2025

The Brihanmumbai Municipal Corporation (BMC) has reiterated its commitment to halting road excavations as the monsoon season nears. Municipal Commissioner Bhushan Gagrani had earlier announced the suspension of road excavations until ongoing concretisation projects are completed. The directive has been communicated to civic officials, with citizens encouraged to report any violations. BMC has set a deadline for all pending concretisation work by May 31, 2025, ensuring that no new roads will be dug up after February 22, 2025. To improve transparency, BMC has introduced QR codes at project sites, providing citizens with real-time updates. Meanwhile, civic authorities are working to expedite completion, with the first phase expected to be finished by December this year and the second by December next year.Read more

07 Mar 2025

The Department of IT, Electronics, and Communication is reviving plans for a hybrid IT park in Porvorim under a public-private partnership (PPP) model. Through Goa Information Technology Development Corporation (GITDC), the park will be developed on a Build Lease Operate Transfer (BLOT) basis, with 12,455 sqm of land allocated for the project. A market study will assess demand from IT firms and startups. The facility will feature modern office spaces, commercial zones, and recreational areas. After a failed loan attempt in 2021, the government is now focusing on private sector investment to establish Porvorim as a key IT hub.Read more

07 Mar 2025

The Bangalore Development Authority (BDA) has announced a 24-month timeline for asphalting inner roads in Nadaprabhu Kempegowda Layout (NPKL), despite claims that 80% of the work is complete. Residents, already facing years of delays, question the extended deadline. Similar infrastructure delays plague Peripheral Ring Road and Kempegowda International Airport Expansion, raising concerns over Bengaluru's urban planning. With over 12 million citizens, the city's infrastructure struggles continue, prompting calls for faster project execution. Election pressure may accelerate progress, but skepticism remains.Read more

06 Mar 2025

The National Monetisation Pipeline-II (NMP-II) is set to expedite the monetisation of highway assets between FY26 and FY30, with a target of INR 3.5 lakh crore to be raised through leasing operational and other highway networks. This figure is over twice the estimated funds raised in the first phase (FY21-FY25). The ongoing monetisation process under NMP-I, which aimed for INR 1.6 lakh crore, has already achieved INR 1.2 lakh crore, with the remaining balance expected to be mobilised by the end of the financial year. The National Highways Authority of India (NHAI) has already raised INR 8,293 crore through the monetisation of two highway bundles.Read more

05 Mar 2025

The Greater Cochin Development Authority (GCDA) has issued an Expression of Interest (EoI) for the development of a 0.5-acre land parcel at Marine Drive, near Goshree Junction, under a public-private partnership (PPP) model. The site may be transformed into a commercial or tourism hub, with proposals being evaluated to determine the best use. GCDA, known for its role in Kochi's urban development, has previously executed several commercial projects. The initiative aims to enhance Kochi's commercial and tourism potential, leveraging the high-value location to attract investor interest while ensuring sustainable urban growth.Read more

05 Mar 2025

The Dharavi Redevelopment Project has commenced with construction on Matunga West railway land, aiming to rehabilitate thousands. Navbharat Mega Developers Pvt Ltd is building railway offices and staff quarters, alongside future tenements for Dharavi residents and others. The project has secured significant land parcels, including railway and dairy land, with plans to utilize salt pan and Deonar dumping ground land. A master plan by Hafeez Contractor will integrate residential, commercial, and industrial spaces, resettling approximately 0.7 million residents. Despite challenges, the project, a joint venture between the Maharashtra government and the Adani Group, seeks to transform Dharavi.Read more

05 Mar 2025

The development along major transport corridors in Ghaziabad continues to face delays as the Uttar Pradesh government has yet to approve the Unified Master Plan 2031. The master plan covers an area of 33,543.1 hectares and is designed to support an estimated population of 4.81 million by 2031. The plan aims to regulate development around rapid rail, metro, and expressway corridors. The Ghaziabad Development Authority (GDA) had previously revised the draft multiple times, incorporating transit-oriented development (TOD) zones and public feedback. The Unified Master Plan 2031 covers a total developed area of 33,543.1 hectares across Ghaziabad, Loni, and Modinagar/Muradnagar, which has been divided into 15 zones, with their respective zonal plans to be formulated in phases.Read more

04 Mar 2025

The Patna Medical College and Hospital (PMCH) is undergoing a major INR 5,544 crore redevelopment, doubling its capacity to 5,462 beds and making it the world's second-largest hospital by capacity. The project includes a new medical college for 250 students annually, 644 faculty residences, a heliport, and expanded facilities. The first phase, nearing completion, will add 1,150 new beds, 500 ICU beds, and 27 modular operation theatres. Led by L&T Realty, the redevelopment aims to modernize Bihar's healthcare infrastructure. With state-of-the-art facilities, PMCH is set to enhance medical accessibility and efficiency across the region.Read more

04 Mar 2025

Kerala's government has halted land pooling rule amendments for Infopark Phase III, prompting GCDA to proceed with land acquisition. This 300-acre expansion in Kunnathunad, utilizing land pooling where owners receive 60% of their land back, aims to meet Kochi's rising IT space demand. With Phases I and II fully occupied, over 120 companies await space. The project, expecting INR 12,000 crore investment and 100,000 jobs, will solidify Kerala's IT and commercial real estate presence. Its success could influence national urban development and land pooling policies.Read more

03 Mar 2025

The Union government has reaffirmed its commitment to Madhya Pradesh's urban development, with Union Minister Manohar Lal Khattar highlighting key initiatives at the MP Global Investors Summit. Projects such as metro expansion in Bhopal and Indore, e-mobility promotion, and affordable housing were emphasized. Khattar assured industry support through investor-friendly policies, slum redevelopment, and single-window clearance. MP Urban Minister Kailash Vijayvargiya outlined revenue-boosting measures and green development incentives. Fortnightly developer meetings and streamlined approvals were announced to enhance transparency. With collective efforts from government and industry stakeholders, Madhya Pradesh aims for balanced, sustainable urban growth by 2047.Read more