Q: What is self-redevelopment? How has self-redevelopment been a crucial aspect for societies, especially in aggressive real estate markets such as Mumbai? A: Under self-redevelopment, the entire redevelopment process is planned, executed and managed … READ FULL STORY
British billionaire Richard Branson, on December 12, 2019, met Maharashtra chief minister Uddhav Thackeray, to clear ‘misunderstandings’ and gauge the new administration’s interest in the USD 10 billion Mumbai-Pune Hyperloop project. Branson met the … READ FULL STORY
Seeking to address some of the most pressing issues facing India, including air pollution, through innovation, the United Nations Development Programme (UNDP), on November 28, 2019, launched the country chapter of its Accelerator Lab … READ FULL STORY
A Supreme Court bench of justices Deepak Gupta and Aniruddha Bose, on October 24, 2019, said: “It will be obligatory for all municipal corporations in the state of Maharashtra, where the population is 50 … READ FULL STORY
India has nearly 11.09 million vacant urban housing units, of which 10 states and union territories (UTs) contribute to 78% (8.64 million) of total vacancy levels, says a report titled ‘Institutionalising the Rental Housing … READ FULL STORY
The Mumbai Metropolitan Region (MMR) has witnessed considerable development over the past decade. It has several areas, which have witnessed a sea-change and have become extremely desirable locations to live in. Called the ‘city … READ FULL STORY
Maharashtra Chief Minister Devendra Fadnavis on September 12, 2019 announced that MSRDC has achieved a financial closure of Rs 28,000 crore for the 701 km Mumbai-Nagpur Samruddhi Corridor. For the Rs 55,447 crore project, … READ FULL STORY
In the past, many residents of slums that underwent redevelopment, have complained that developers have not paid them rent, for the transit accommodation. For example, over 100 slum dwellers of the Dhobi Ghat slum … READ FULL STORY
Gangapur dam across the Godavari river, the main source of water for Nashik city, is filled up to 97% of its total 5,630 million cubic feet (MCFT) capacity this monsoon, so far. While Darna … READ FULL STORY
New houses for those who lost their dwellings built under the Pradhan Mantri Awas Yojana (PMAY) in the deluge, loan waiver for farmers and free food grains, are among the slew of relief measures … READ FULL STORY
The World Resources Institute’s Aqueduct Water Risk Atlas, has ranked India 13th among 17 countries, on the list of ‘extremely high’ water stressed countries. India has more than three times the population of the … READ FULL STORY
The Central Board of Direct Taxes (CBDT), which frames policy for the Income-Tax (I-T) Department, issued a statement saying that it had conducted raids on July 29, 2019, on a ‘prominent group involved in … READ FULL STORY
The Supreme Court has agreed to hear a plea by the Maharashtra government seeking demolition of buildings that are in a dilapidated condition in the state. A bench, headed by Chief Justice Ranjan Gogoi, … READ FULL STORY
