Maharashtra Invites Developers to build on MSRTC land, upgrade depots

14 Feb 2025 CW Team

The Maharashtra government has invited real estate developers to participate in the development of 3,360 acre of land owned by the Maharashtra State Road Transport Corporation (MSRTC). These lands will be developed under public-private partnership (PPP) models on a build-operate-transfer basis. The state plans to release approximately 150 tenders for these projects.

MSRTC owns significant land in key locations across the Mumbai Metropolitan Region (MMR), including 26 acre in areas like Mumbai Central, Kurla, Vidyavihar, and Chinchbunder. It also holds nearly 24 acre in Pune, with notable plots in Swargate and Sangvi. Furthermore, the corporation has land in district areas (885 acre), talukas (1,535 acre), and villages (945 acre).

The projects will be awarded to developers based on the premium offered, with the floor space index (FSI) allocated according to the Unified Development Control and Promotion Regulations (UDCPR). Developers will be tasked with leasing the commercial portions of the developments.

The plan includes the construction of commercial properties such as office spaces, hotels, shopping centres, and retail outlets. Additionally, 100-bed hospitals will be developed in district areas, along with facilities to support MSRTC operations.

To ensure efficiency, MSRTC will centralise the approval process for development plans, eliminating the need for multiple approvals from different government agencies. The corporation is also strengthening its technical teams to effectively manage the projects. Architect Hafeez Contractor has been appointed to create a development framework for upgrading bus depots to modern standards. The goal is to enhance passenger and employee facilities, with improvements in sanitation, cleanliness, and amenities for staff working late shifts.

News source: The Indian Express

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..