MCGM targets multiple realty projects

MCGM Affordable Housingy
In its attempt to provide affordable housing units to the urban poor, the Planning Committee of Municipal Corporation Greater Mumbai (MCGM) has recently decided to increase the total area available for low-cost housing units in the city on an area of about 787.28 hectare in its Development Plan for 2034. The Revised Draft Development Plan 2034 (RDDP 2034) had earlier provided for 707.13 hectare of land for affordable housing in the form of reservations, the civic body said in a release. In fact, affordable housing has now been termed as social housing meant for economically weaker section, lower income group, mid-income group, and also includes rental housing. Going by the large number of requests from citizens, the committee has termed erstwhile no development zone (NDZ) lands, those do not fall in natural areas (NA), with unauthorized protected occupants termed as Special Development Zone I (SDZ I) land. For these lands, amended provision of slum rehabilitation 33(10) has been made applicable. The panel has also suggested that the successful online lottery system of disposal of Maharashtra Housing & Area Development Authority (MHADA) tenements could become the basis for MCGM to formulate its scheme of tenement disposal, it added.

Govt ready to award ₹3.1-tr NHs under Bharatmala

The road transport and highways ministry is in the process of awarding 7,500 km of new highways projects, with an investment of ₹3.1 trillion, as part of the second phase of Bharatmala Pariyojana. The projects include six Read More ...

Govt plsns ₹25,000-cr infra investment in J&K

The Central government has decided to invest ₹25,000 crore in building infrastructure in Jammu and Kashmir, said Union Railway Minister Piyush Goyal. The government has identified 25 projects covering sectors like irrigation, power Read More ...

MoRTH approves Aurangabad-Shirdi road widening project

The road between Aurangabad and Shirdi will be widened into four-lanes for which construction work is slated to start shortly once the ongoing road projects in and around Aurangabad are completed. The locals were demanding a super Read More ...

World Tunnel Congress 2020 in Kuala Lumpur.

The world's greatest meeting of tunnellers, the ITA-AITES World Tunnel Congress (WTC) and the 46th ITA General Assembly 2020, is being organized by the Institution of Engineers, Malaysia (IEM) in Kuala Lumpur from 15 to 21 May 2020 Read More ...

MMRDA launches longest sea-bridge on ₹14,260-cr project

The Maharashtra government has launched construction work for the country's longest sea-bridge on the Mumbai Trans Harbour Link (MTHL) project involving an investment of ₹14,260 crore at the Mumbai-end in Sewri. The CM unveiled the Read More ...

Railway rolls out ₹22,500-cr projects for private players

In a bid to put rail transportation services on fast-track, the Railway Board has unveiled an ambitious plan to allow private trains on the Indian Railways network. The move was recently sanctioned by NITI Aayog and the Indian Railways Read More ...

MoRTH releases ₹1,455-cr for NH-21 project in HP

The Central government has released funds worth ₹1455.73 crore for completion of the four-laning of Kiratpur to Nerchowk National Highway (NH). Once completed, it will facilitate people of the state to travel from remote areas Read More ...

AIIB injects ₹2,306-cr in Chennai metro project

The Asian Infrastructure Investment Bank (AIIB) has agreed to inject ₹2,306 crore for the construction of a 18-km elevated stretch between Meenakshi College in Kodambakkam and Poonamallee bypasses, which are part of Chennai Metro Rail Read More ...

DDA unveils 11 residential luxury towers in Dwarka

Delhi Development Authority is set to make its most high-end residential offering in the city with 11 residential towers comprising 1,114 flats, which would include 14 penthouses, 168 super-HIG flats and 932 HIG flats. These flats in Read More ...

MMRDA plans double-decker metro depot

Mumbai Metropolitan Region Development Authority (MMRDA) has decided to build an avant-grade double-decker Metro depot at Mandale to cater to the requirements of Metro line 2A, 2B and 7. To carry out washing works of Read More ...

NCRTC floats bids for seven elevated corridors

The National Capital Region Transport Corporation (NCRTC) has invited bids for detailed design consultant (DDC) for seven elevated stations at the rapid rail network, said an official spokesperson. The work includes civil, architectural Read More ...

Decks cleared for ₹8,300-cr V'patnam metro rail

Decks have been cleared for the revised Visakhapatnam Metro Rail Project as the government is planning to extend the metro rail stretch from 42.55 km to 80 km with a tram system, apart from the metro rail. The tram system will be Read More ...

SECR floats tenders for ₹307-cr Anuppur-Katni line

The South East Central Railway has floated tenders for works on Anuppur-Katni third line in Madhya Pradesh where the scope of work includes execution of earthwork in formation, construction of major and minor bridges, supply of Read More ...

Signature Global launches ₹375-cr realty project

Signature Global has announced that it is investing ₹375 crore to develop a new housing project in Gurugram, and plans to launch 20,000 units under the affordable housing segment this year. Construction of its new project Read More ...

DPR ready for twin Metrolite projects in Delhi

Delhi Metro Rail Corporation (DMRC) has submitted detailed project reports for the two Metrolite corridors - Rithala to Narela (21.7km) and Kirti Nagar to Dwarka ECC (Exhibition-cum-Convention Centre) in Sector 25 (19km) — to the Delhi Read More ...

L&T secures ₹5,000-cr contract across segments

L&T Construction has bagged orders in the transportation infrastructure, buildings, factories and water effluent treatment businesses entailing an investment worth about ₹5,000 crore. It has bagged orders from the Mumbai Read More ...
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