Finance minister Arun Jaitley in his budget presentation said that the government proposes to expand airport capacity by more than five times, to handle a billion passengers a year, adding that the balance sheet … READ FULL STORY
Addressing the second day of the annual CAPA (Centre for Asia Pacific Aviation) summit through a video link, Minister of state for civil aviation Jayant Sinha pointed out that Mumbai remained the most bottlenecked, … READ FULL STORY
The Maharashtra government has given an in-principle approval, to convert 2,140 hectares of the Navi Mumbai Special Economic Zone (NMSEZ) into an ‘integrated industrial area’. The decision to this effect was taken on January … READ FULL STORY
Confident of finishing all transport projects in Mumbai by 2022, Maharashtra chief minister Devendra Fadnavis said that the city would see a transformation, in terms of mobility, with projects ranging from underground metro and … READ FULL STORY
With skyscrapers increasingly coming up in most parts of India, a major question that is being asked by home buyers, is whether these high-rise buildings are safe. This is a natural concern, considering that … READ FULL STORY
The internet is the most preferred medium for home search in India With over 462 million internet users, India is the second-largest online market in the world. 20 million Indians search for homes online, … READ FULL STORY
City and Industrial Development Corporation’s (CIDCO’s) joint managing director Prajakta Verma, on November 23, 2017, assured that the work on the Rs 16,000-crore Navi Mumbai International Airport project was being fast-tracked. “In all probability, … READ FULL STORY
Yashodeep Shivalkar, a banker who shifted from Chembur to Panvel five years ago, is extremely happy with his decision. Owing to its affordable property rates, Shivalkar was able to buy a spacious two-bedroom-hall apartment … READ FULL STORY
The Mumbai Metropolitan Region Development Authority (MMRDA) has appointed three contractors to construct the ambitious Mumbai Trans-Harbour Link (MTHL). A consortium of L&T-IHI has been appointed to construct package-1 (Sewri side of the sea … READ FULL STORY
The Maharashtra government, on October 24, 2017, approved the selection of the GVK-led Mumbai International Airports Ltd (MIAL) for developing the Navi Mumbai International Airport, on a public-private partnership basis. The decision was taken … READ FULL STORY
Maharashtra is on track to become a trillion-dollar economy, given the impetus to infrastructure development in the last three years, with the state attracting more than half of the total foreign direct investment (FDI) … READ FULL STORY
With torrential rains inflicting misery in Mumbai, a senior official of The Energy and Resources Institute (TERI), on August 30, 2017, pointed out that the nature of the soil in the region ‘encourages good … READ FULL STORY
The 7th Pay Commission has been notified and the salaries of central government employees and pensioners, are set for a major revision. This is likely to boost demand and liquidity in the real estate … READ FULL STORY
