Makeover for Maximum City

28 Feb 2024 CW Team

Much of Maximum City needs a facelift. The massive stock of old, dilapidated buildings on prime property across land-starved Mumbai is crumbling and on the verge of collapse. The only way forward appears to be redevelopment.

The elevation of ageing housing societies into a contemporary residential asset class, offering customers a premium lifestyle, is gaining momentum and the city has been witnessing a surge in redevelopment projects. In fact, redevelopment is estimated to be a Rs.1 trillion investment opportunity in Mumbai and redevelopment space contributes to over 30 per cent of total development potential.

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Infrastructure Transport

09 Sep 2025

Panel to Review Rs 22 Billion NICE Road Project Delays

Karnataka Home Minister G Parameshwara on Wednesday announced that the state cabinet has constituted a sub-committee to scrutinise the long-pending Bengaluru–Mysuru NICE Road project, which has seen little progress since its launch in 2008 by Nandi Infrastructure Corridor Enterprises (NICE).Despite being conceived as a high-speed corridor between Bengaluru and Mysuru, only 42 km of the planned peripheral road has been completed so far. “Land has been handed over to the company, but there is still no clarity. The company has violated the agreement multiple times while shifting blame onto th..

RSWM Signs Green Power Deal for 25 MW with Powerpulse

RSWM Ltd, a prominent player in India’s textile and manufacturing sector, has signed a power supply agreement with Powerpulse Trading Solutions Limited to procure 25 megawatts of renewable energy. The strategic deal marks a major milestone in RSWM’s journey toward sustainable operations and reducing its carbon footprint.Under the agreement, Powerpulse Trading Solutions will supply 25 MW of clean energy to RSWM’s manufacturing facilities, replacing conventional power sources and supporting India’s broader climate and renewable energy goals. This move will significantly help in reducing ..

ANDRITZ Wins Order for Rs 1,800 MW Gandikota PSP

Austria-based international technology group ANDRITZ has secured an order from Adani Green Energy Limited (AGEL) to supply key equipment for the 1,800 MW Gandikota pumped storage project (PSP) in the YSR Kadapa district of Andhra Pradesh, India. The order includes the supply of reversible pump turbines, motor-generators, and associated electromechanical systems.The contract marks ANDRITZ’s third collaboration with AGEL, following earlier orders for the 500 MW Chitravathi PSP in 2023 and the 1,500 MW Tarali PSP in Maharashtra earlier this year. The company described the latest contract value ..