Investing in a Better World

01 Dec 2023 CW Team

In a shocker for Mumbaikars, who were under the impression that proximity to the sea would take care of any pollution, Mumbai’s Guardian Minister Deepak Kesarkar, citing data from the Central Pollution Control Board, said the city had an average air quality index (AQI) score of 156 while New Delhi was at 121. He attributed this to development projects such as the metro and real-estate construction. To curb pollution, Brihanmumbai Municipal Corporation (BMC) has warned that it will shut down construction sites that do not take pollution control measures.

Currently, there are about 6,000 construction sites in Mumbai, including road infrastructure, metro-rail and other real-estate projects. Also, it is possible that construction activity has more than doubled on account of the 50 per cent premium (fees for approval) waiver announced by the Maharashtra government in 2021 In January 2021?, the state had approved a proposal to slash premium charges on real-estate projects by half until 31 December 2021.

To read the full story, CLICK HERE

Infrastructure Urban

09 Jan 2026

Mount Expands Tumkur Facility with New Automated Panel, PEB Lines

Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across pre-engineered building (PEB) and polycarbonate sheets, simultaneously inaugurated its second fully automated continuous sandwich panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur.The milestone expansion, part of a total investment of Rs 250 crore, marks a significant advancement in the company's commitment to engineered performance, manufacturing scale, and industrial growth. The integrated facility spans approx..

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..