PM Modi to hand over part of India's largest low-cost housing project in Solapur soon

Mumbai: In the largest-ever affordable and low-cost housing project in the country, the government is in the process of delivering over 15,024 homes in Maharashtra's Solapur district to beneficiaries from economically weaker section.

MMRDA proposes to set up 350 sq km 'town' across Mumbai harbour
The Mumbai Metropolitan Regional Development Authority has proposed to develop a 350 sq km settlement across the city harbour, a top official said on Friday. The authority is aiming to make the region as the fastest growing growing centre in the country in the next decade on the back of Navi Mumbai International Airport (NMIA) and the Mumbai Transharbour Link (MTHL), its commissioner Sanjay Mukherjee said.

Dwarka Expressway: Redefining NCR’s real estate landscape
The Dwarka Expressway, christened as India’s First Eight-Lane Elevated Urban Expressway on a Single Pillar, known alternatively as the Northern Peripheral Road (NPR) and National Highway NH 248BB, stands as a transformative force poised to reshape the National Capital Region (NCR) of India. Stretching across 29 kilometers, this monumental project spans 19 kilometers in Haryana and 10 kilometers in Delhi, meticulously crafted to redefine regional connectivity and establish a new benchmark for cost-efficiency in large-scale infrastructure endeavors.

Adore Group to develop Rs 1000-cr Greek-styled housing project in Gurugram
NCR-based Adore Group is planning to develop a new luxury project in sector 77 Gurugram. Named ‘The Select Premia’, the premium offering from Adore will be based on state-of-the-art Greek architecture, giving an awe-inspiring lifestyle to the residents. Designed by Hafeez Contractor, the project will be spread across a verdant 10.2-acre land parcel and be officially launched during Diwali.

MahaRERA to float discussion paper on quality guidelines for real estate projects
Maharashtra Real Estate Regulatory Authority plans a stringent quality regime for real estate projects in the state and a discussion paper on it will soon be out, Ajoy Mehta, Chairman MahaRERA said. 

360 Realtors forays into fractional ownership space
360 Realtors, India’s leading institutional channel partner (ICP), has forayed into the fractional ownership space through its new company 360 FRXNL. The newly-incubated entity will offer transparent and seamless transaction facilities across multiple assets, including commercial, residential, industrial, plots, and much more. The company aims at offering institutional-quality deals with the flexibility & convenience of retail investment.

Mumbai residential property sales value likely to top Rs 2 lakh cr by 2030: Study

Mumbai, the country’s biggest and most expensive property market, is expected to continue its positive momentum and is poised for further growth with its residential sales value expected to cross Rs 1 lakh crore in 2023 and go on to breach the Rs 2-lakh-crore mark in 2030, showed a JLL-NAREDCO study.

Maharashtra will sign MoU for Dharavi redevelopment soon
The memorandum of understanding (MoU) to kick start the Dharavi redevelopment project will be signed by the Maharashtra government shortly and the project formally will be awarded to the winning bidder. The Adani Group emerged as the highest bidder for the ₹20,000 crore project and the State government had given its nod for the winning bid in July. 

NHAI scraps TOT tender, calls fresh bids
The National Highways Authority of India (NHAI) has scrapped the tender process for monetisation of two bundles of highways due to lower-than-expected bids and decided to start the process afresh, a senior official said on Friday.

President Murmu address 213 India Railways’ trainees; advocates for efficient multi-modal transport system in India
President Droupadi Murmu on Friday addressed a group of 213 probationers (2019, 2020 and 2021 batches) from different services of the Indian Railways at the Rashtrapati Bhavan Cultural Centre. In her address, she called for a holistic approach for rail, road and water transportation in order to have an efficient multi-modal transport system in India.

Indian Railways to launch first Vande Bharat sleeper train and Vande Metro; All you need to know
Indian Railways will be rolling out the first version of Vande Bharat sleeper trains soon. According to details revealed by BG Mallya, the General Manager of Integral Coach Factory (ICF), "Sleeper coach of Vande Bharat will be rolled out in the current financial year where the first train is under production and will be rolled out in March 2024".

Indian Railways achieves major breakthrough in Sivok-Rangpo Rail Project, paving way for Sikkim’s national rail connectivity
Indian Railways is working on a full swing to connect Sikkim with other parts of the country. In this context, the national transporter has achieved another milestone with a breakthrough of Tunnel no. T-03 of the Sivok – Rangpo Rail Project (SRRP). With this, the mining in seven tunnels has been completed so far in the project. 

Agra Railway division’s step towards inclusivity: Employees trained in sign language to assist Passengers with Disabilities
In a first, the Agra railway division launched a unique initiative on Thursday (September 14) aimed at providing sign language training to some of the employees stationed at 12 prominent railway stations, including Dholpur, Mathura, Idgah, and Agra Fort. 

Delhi Metro: PM Modi to inaugurate extension of the Airport Express Line, train speed to touch 120 kmph

Prime Minister Narendra Modi will inaugurate the extension of the Airport Express Line from Dwarka Sector – 21 to Yashobhoomi Dwarka Sector – 25 on Sunday. The new Yashobhoomi Dwarka Sector – 25 station is an underground facility which will now be connected directly with Terminal 3 of the Indira Gandhi International Airport and the New Delhi Railway station.