In a proposal submitted to the Union Ministry for Environment, Forests and Climate Change (MoEFCC), the state government has request that draft coastal zone management plans for Palghar, Sindhudurg, Raigad, Ratnagiri and Thane be revised to allow individuals to build houses up to 3,000 sqft up to 50 meters fro the tideline for creeks, rivers and streams. The proposal has been accepted by CM Eknath Shinde and are in their final stages of approval. The state hopes that this decision will boost tourism.Read more
According to Bloomberg, there are currently 20 million EVs in the world today, compared to just one million four years ago. Experts predict this number to increase to 71 million by the end of 2025. In such an environment, it is imperative that real estate developers and owners incorporate EV charging infrastructure into their existing and future ventures. Commercial real estate could become a critical player in providing charging stations or points for passenger vehicles.Read more
The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced a strict penalty policy to address labour shortages and fast-track metro construction. Effective immediately, contractors will face fines of INR 1 lakh per day for workforce shortfalls between 25�50%, and INR 2 lakh per day if the deficit exceeds 50%, with no exceptions or prior notice. These penalties are in addition to existing fines for project delays and will be enforced across key metro corridors set to be commissioned by year-end, including Lines 2B, 4, 4A, and 9. MMRDA officials will conduct regular site audits and review consultant reports to monitor compliance, as the authority aims to curb persistent manpower issues that have historically hampered metro progress.Read more
Uttar Pradesh has operationalised the Gorakhpur Link Expressway, its seventh expressway, developed at an investment of INR 7,283 crore. This 91.35 km stretch links Gorakhpur to districts including Azamgarh and significantly strengthens the state's share in India�s expressway network, raising it from 38% to 42%. With over 1,200 km of access-controlled expressways now within its borders, UP leads nationally. The expressway was built partly on land acquired from 22,000 farmers and is projected to transform the socio-economic fabric of the Purvanchal region.Read more
The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced a strict penalty policy to address labour shortages and fast-track metro construction. Effective immediately, contractors will face fines of INR 1 lakh per day for workforce shortfalls between 25�50%, and INR 2 lakh per day if the deficit exceeds 50%, with no exceptions or prior notice. These penalties are in addition to existing fines for project delays and will be enforced across key metro corridors set to be commissioned by year-end, including Lines 2B, 4, 4A, and 9. MMRDA officials will conduct regular site audits and review consultant reports to monitor compliance, as the authority aims to curb persistent manpower issues that have historically hampered metro progress.Read more
Uttar Pradesh has operationalised the Gorakhpur Link Expressway, its seventh expressway, developed at an investment of INR 7,283 crore. This 91.35 km stretch links Gorakhpur to districts including Azamgarh and significantly strengthens the state's share in India�s expressway network, raising it from 38% to 42%. With over 1,200 km of access-controlled expressways now within its borders, UP leads nationally. The expressway was built partly on land acquired from 22,000 farmers and is projected to transform the socio-economic fabric of the Purvanchal region.Read more
GMR Hyderabad International Airport Ltd (GHIAL) has launched a INR 5,843 crore expansion at Rajiv Gandhi International Airport to meet rising traffic. The plan includes a new 225,000 sq. m terminal primarily for domestic use, a 3,800-meter runway for low-visibility operations, and a 650-meter cross taxiway for wide-body aircraft. Aircraft stands will increase to 163 and parking bays to 5,590. A second cargo terminal (50,000 MT capacity) costing INR 160 crore is set to open by July. The existing terminal is also being expanded at INR 427 crore. A 31-km metro line from Mindspace to the airport is planned to boost access, with GHIAL supporting the initiative. AERA will determine revised tariffs.Read more