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Council gives builders 2 GST rate options

The goods and service tax council on Tuesday approved a transition plan for the implementation of new tax structure for under construction residential property in the country. It also gave an option to the builders of the ongoing project to shift to new rates without income tax credit or continue with old tax rates. The ongoing projects have been defined ... Read More »

Two 3coach metro trains arrive at Taloja Depot

Two trainswith three coaches each, meant for Navi Mumbai Metro , have reached at Pendhar Metro terminal at Taloja on Saturday. This will be followed by assembling of parts at depot . Testing will be conducted on trains in the next four to five days at the terminal. Three more metro trains are expected to arrive in May and the ... Read More »

Kalyan Dombivli gets its biogas plant ; 3 morein pipeline

The Kalyan Dombivli Corporation on Saturday completed work its third biogas plant,which ahs the capacity to treat 10 metric tonnes of waste,at Barave in Kalyan. However , it can only be used once waste segregation is implemented in the city. The proposal to build the biogas plants was first proposed in May 2016, after a fire broke out a Andharwadi ... Read More »

Bids invited for Mumbai-Ahemadabad bullet train project

The National High Speed Rail Corporation has invited bids for a 237-km portion of the Ahmadabad-Mumbai bullet train project , which is the biggest ever contract for civil construction in India. Only a handful of Indian Infrastructure majors such as L&T and AFCON can bid such a huge project and they would also need to have joint venture with japanese ... Read More »

Ready reckoner rates to remain unchanged this year

For the second consecutive fiscal, ready reckoner rates in Maharashtra will remain unchanged in 2019-20. Revenue department officials  said the decision was taken at a meeting ahead of the announcement of the Lok Sabha election schedule on March 10 and implementation of model code of conduct. They said the decision was a regular procedure and would not come under the ... Read More »

Panvel ST depot to get Rs 230 crore makeover

The MSRTC plans to shut down the Panvel bus depot for two years in order to undertake renovations there. In the meanwhile , services will operate from the nearby bus depot at Panvel Railway station. The renovation of Panvel depot has been pending for a long time and MSRTC deadlines for the project have been postponed more than once. Officials ... Read More »

Rs17.63 crore Central Park in Ghansoli to open after LS polls

The Central Park at Ghansoli , developed on a 36,000 square metre plot , will be open to public only after the Lok Sabha elections, The Navi Mumbai Mumnicipal Corporation said on Wednesday. The Rs 17.63 crore project was to be inaugurated six months ago . However , it was stalled as the 15 families , who were evicted from ... Read More »

No property tax for flats smaller than 500 sq ft

With poll dates set to be announced anytime soon. Maharashtra cabinet , within three days of its Tuesday meeting gathered again on Friday to clear populist proposals like a property tax waiver for a category of homes , concessions in premiums for promoting self self redevelopment and granting 15 acres to Bharat Petroleum for a training center in Nagpur. The ... Read More »

Women commuters can travel by Tejaswini buses from today

More than a year after they were supposed to be launched , 10 Tejaswini buses will fianlly hit the city roads on Friday. The state , in its budget for 2016-17 has dedicated 300 Tejaswini buses for women commuters across six municipal corporations and had made a provision for Rs 50 crore for it. NMMC received a grant of Rs ... Read More »

Panvel’s Vadale lake to get promenade, viewing decks

The beautification of Vadale lake inPanvel got a push with the standing committee of Panvel City Municipal Corporation approving Rs 10.74 crore for the work. PCMC commissioner said the work order for most projects, including beautification of Vadale lake has already been issued so that they would not be hampered by election code of conduct. The civic body said the ... Read More »