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Laying of 5th line at Bandra Terminus starts after 10 years

After almost a decade, the western Railway have finally started work at Bandra Terminus end for laying the fifth line. The line meant for running long distance trains was missing between Santacruze and Mahim. This will give more path for running suburban local trains thus providing possibility of operating more services in future and also improve speed. Senior railway officials ... Read More »

RERA takes Material suppliers under close observation

In a bid to ensure quality of construction, not just the promoter , but also suppliers and vendors of construction material will be made accountable for lapses as per the provisions of RERA act 2016. The MahaRera has asked the promoters of project registered with it to upload other professional including suppliers and vendors of construction material on their respective ... Read More »

30 new electric buses to be added to NMMT fleet

After ministry of heavy industries and public enterprises approved the proposal , navi Mumbai Municipal Transport will purchase 30 electric buses soon. The project will be financed under faster adoption and manufacturing of hybrid and electric vehicles scheme. The scheme provides 60% subsidy to buyers of elecric vehicles for commercial purposes, such as public transport. The centre is planning to ... Read More »

As small firms exit large builders opt for township

Smaller and regional developers are slowly opting out of building township because of funding challenges , scarcity of land and stringent regulatory norms, leaving a few large firms to rule the space . Due to the ongoing slowdown many mid sized developers have tried selling off land incomplete township project to larger counterparts, as they concentrate on smaller projects. Gaursons ... Read More »

Ganesh Pandal permits will be done online from July 15.

Striking down a single window clearance for Ganesh mandals last year following complaints of delay, Brihanumbai Municipal Corporation (BMC) will now accept applications for pandals online from July 15. In a meeting on Saturday, civic chief Ajoy Mehta has asked the legal department to train ward-level staff about the online application. After a Bombay high court (HC) directive against structures ... Read More »

MMRDA gets ready to speed up 5 Metro lines.

To speed up five upcoming Metro projects, the state government has granted the special planning authority (SPA)status to the Mumbai Metropolitan Region Development Authority (MMRDA), planning agency and nodal authority for implementing Metro projects. It accorded the status to MMRDA by issuing a notification on June 30 under section 40 of the Maharashtra Regional Town Planning Act, 1966. This means that ... Read More »

Next destination for investment : Seawoods-Uran

If you thought buying a home in Navi Mumbai is still affordable , you are likely to miss the train, quite literally , as the central railway is trying their best to start the seawoods – Uran Railway line by the End of July, leaving you with less than 30 days to get your act together. Most of us has ... Read More »

Rs 3.4cr to be spent on Parsik Hills by NMMC

The NMMC has entered into a tri-party agreement with the forest department and forest development corporation of Maharashtra to create a green zone on the lines of a social urban forest of abandoned patch of Parsik Hills in Digha and Rabale area. The civic bodies plan to plant as many as 25000 trees this month alone, NMMC has decided to ... Read More »

Bullet train gets Rs 250 crore allotment , Rs 160Cr for copters.

The state tabled supplementary demands of Rs 11445 crore in the assembly on Wednesday. The supplementary demands which will come up for discussion next week were tabled by minister of state for finance on the first day of monsoon session of the state legislature. The government made a provision of Rs 15 cr  for implementing the pension scheme for Journalists ... Read More »

Homebuyerrs are allowed to name rep to decide stressed co’s fate

Home buyers and depositors in companies facing insolvency action will get to nominate their representative from a panel of three insolvency  professionals to represent them on the committee of creditors the decision making body that decides the fate of bankrupt companies. The move follows an amendment to the insolvency and bankruptcy code in the wake of action against realtors such ... Read More »