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New tender process for Dharavi redevelopment transparent.

According to evidence provided by the Maharashtra government to the Bombay High Court, the new tender for the Dharavi slum redevelopment project in Mumbai, which was published in 2022, was transparent and the highest bidder, the Adani Group, was not given an unfair advantage. https://www.constructionworld.in/latest-construction-news/real-estate-news/new-tender-process-for-dharavi-redevelopment-transparent/43903 Source : construction world

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India’s infrastructure boom: roads and renewables surge

The infrastructure development landscape in India is poised for acceleration, with a projected 25% increase in road construction and a 33% rise in renewable energy projects over the next two years. This growth is being driven by companies capitalising on asset monetisation opportunities and reducing their leverage ratios, according to

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MHADA introduced e-billing system for the online payment

Maharashtra Housing and Area Development Authority (MHADA) introduced yesterday, an e-billing system for the online payment of service charges to the tenants and residents of MHADA of all Divisional Circles, including Konkan, Pune, Nagpur, and Amravati. MHADA chairman and Chief executive officer Sanjeev Jaiswal inaugurated the system at Bandra in

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MMRDA seeks Rs 200 bn loans for Mumbai infrastructure projects

The Mumbai Metropolitan Region Development Authority (MMRDA) is embarking on a quest for Rs 200 billion in loans to fuel the implementation of a diverse array of infrastructure projects across the sprawling Mumbai Metropolitan Region. With an expenditure estimate of Rs 287.05 billion earmarked for the current fiscal year (2023-24),

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State of transit camps leave BDD chawl residents fuming

More than 2400 families from tenements of BDD chawls, have shifted to transit camps over the past year. This is less than half of the number of 5104 tenements meant to be relocated in the Phase-I of the relocation process. While many families from over 16,000 houses will be relocated

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MMRDA seeks Rs 20,000cr loans to fund infra projects in Mumbai region, ET Infra

Mumbai Metropolitan Region Development Authority (MMRDA) has initiated steps to seek loans totalling Rs 20,000 crore to finance various infrastructure projects planned across the Mumbai Metropolitan Region.MMRDA has earmarked an expenditure of Rs 28,705 crore for multiple infrastructure projects, including the Metro corridors, Mumbai Trans Harbour Link, Versova-Vasai Sea Bridge

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Navi Mumbai slums to be developed under SRA scheme

As many as 38,000 homes across slum areas of Digha, Nerul and Shivaji Nagar in Navi Mumbai will be rehabilitated under the Slum Rehabilitation Authority (SRA) scheme.Minister for industries Uday Samant has given in-principle approval for rehabilitation of slums. The decision was taken at a meeting held at Mantralaya on

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