INFRA NEWS

State ordinance to let Mhada redevelop old bldgs in 2 years

Publication: TIMES OF INDIA Date : 20 JULY 2019

Mumbai: The state government is steaming ahead with its proposal to empower Mhada, the state housing authority, to forcibly acquire dilapidated and dangerous buildings and redevelop them under the cluster scheme within the next two years.

CM: redevelopment of cessed structures to be mandatory

Publication: HINDU Date : 20 JULY 2019

Chief Minister Devendra Fadnavis on Friday said the cluster redevelopment of dilapidated cessed buildings would be made mandatory if tenants refuse to vacate.

Did wetland destruction cause the floods in Navi Mumbai?

Publication: HINDUSTAN TIMES Date : 20 JULY 2019

Over the past 11 years, wetlands in Navi Mumbai the size of 1,740 football fields have been lost to reclamation, said environment group Vanashakti in a report that also pointed out

Maharashtra: Metro projects gather steam, new lines to be operational soon

Publication: DNA Date : 20 JULY 2019

Maha Metro is currently engaged in the development of projects in Nagpur, Pune, Thane and Nashik with total cost of Rs 32,080 crore.

REATY NEWS

India's inventory of unsold luxury homes falls 12% to 43,000 units in Q1

Publication: BUSINESS STANDARD Date : 20 JULY 2019

Among the top cities, Bengaluru led from the front, recording a significant 49 per cent reduction in unsold luxury stock within a year - from 6,370 units in Q1 2018 to 3,260 units in Q1 2019