The eagerly awaited Mumbai Trans Harbour Link (MTHL) is poised to open later this month, with officials announcing a toll of Rs 250 for cars. The state Cabinet, chaired by …
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The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has mandated that builders should sell apartments based solely on the carpet area, rather than the super area, as per officials. Selling …
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Infrastructure News
ArcelorMittal Partners with IIT-Madras for Asia’s First Hyperloop Testing Facility
ArcelorMittal has forged a collaboration with the Indian Institute of Technology Madras to establish the inaugural Hyperloop testing facility in Asia, set to become operational by March this year. The …
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Infrastructure News
CPRR: Advancing to Final Tendering Phase for a Transformative Rs 15,000-Crore Highway Project
The Chennai Peripheral Ring Road (CPRR), a significant infrastructure initiative, is rapidly progressing as it enters a crucial stage with the tendering process for its fifth and final section, expected …
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Real Estate
Bengaluru’s Commercial Real Estate Landscape Faces Headwinds with a 14% YoY Transaction Decline in 2023
According to a report by Knight Frank India, cumulative commercial transactions in Bengaluru experienced a 14.3% dip in CY2023, totaling 12.5 million square feet (msf). The decrease in transactions is …
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Real Estate
“Realtors Urged to Compile Financial Details for Stalled Housing Projects in Noida and Greater Noida
Realtors in Noida and Greater Noida have been instructed by the local authorities to compile updated details regarding their financial obligations related to stalled housing projects. This move aims to …
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Infrastructure News
Adani Ports: Karan Adani Ascends to MD, While Gautam Adani Continues as Executive Chairman
In a strategic move to separate the roles of Chairman and Managing Director at Adani Ports and Special Economic Zone Ltd (APSEZ), Karan Adani, Chief Executive Officer and elder son …
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The Maharashtra Real Estate Regulatory Authority (MahaRERA) has experienced a notable increase in project compliance with the mandatory Quarterly Progress Reports (QPR), driven by the regulator’s proactive measures against non-compliance. …
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The Goa government recently announced a series of policy amendments aimed at streamlining processes for investors, particularly in the industrial sector. Chief Minister Pramod Sawant, in a meeting with various …
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Infrastructure News
Ministry of Ports Unveils Transformative Initiatives in 2023, Propelling India’s Maritime Sector into a New Era
The Ministry of Ports, Shipping, and Waterways celebrated a groundbreaking year in 2023, introducing a series of initiatives designed to propel India’s maritime sector to unprecedented heights. The year-end review …