The Pradhan Mantri Awas Yojana - Urban (PMAY-U), which was implemented by the Ministry of Housing and Urban Affairs under the Housing for All by 2022 mission in June 2015, is showing a huge lag and is in need of a major push to succeed.

After being delayed for nearly four years, Mumbai’s Development Plan (DP), which will determine the city’s land use and infrastructure development for the coming 20 years, has finally come into action. Besides generating 8 million jobs and 1 million affordable houses, the plan will significantly change the skyline of the city.

To fast-track the long-pending development of Dharavi, the Maharashtra Cabinet has approved the establishment of a special purpose vehicle (SPV) and decided to invite global tenders for the project. The SPV will have 80 per cent stake of the developer with the remaining under the government’s ownership.

After India climbed 23 ranks in the World Bank’s Ease of Doing Business index to 77th place, Prime Minister Narendra Modi has set an ambitious target for the country: to make it to the top 50!

CRISIL Research has lowered its execution forecast for the National Highways Authority of India (NHAI) projects for fiscal 2019 to 3,600-3,800 km from the earlier anticipated 4,300 km.

The Delhi Development Authority (DDA) has approved the land pooling policy under Delhi’s Master Plan 2021. With the help of this policy, Delhi will get 17 lakh new affordable housing units, with a capacity to accommodate 76 lakh people.

The Northeast Frontier Railway (NFR) will construct the world’s tallest railway bridge near Noney in Manipur, of which a 100-m pier has already been constructed. The 141-m bridge is part of a new broad gauge line being constructed to connect the north-eastern state with the rest of the country.

The Maharashtra State Road Development Corporation (MSRDC) has reportedly proposed to convert nearly 4,000 hectare of agricultural land and open it up for construction of educational and research institutes along the Mumbai-Pune Expressway.

The cumulative value of these proposals stands at Rs 435.52 billion and covers sectors such as minerals, and metal, fertiliser and chemicals, and agri and food processing.