NAREDCO supports Construction Technology Year, initiates iDAC

11 Mar 2019 Editorial Team

iDAC is a platform to showcase, network and exchange industry knowledge advancement in the industry, for the industry, thus keeping an eye on current market affairs, issues and trends. The exhibition is targetted towards the key government authorities, developers, architects and designers, civil and structural engineers, consultants-contractors and MEP professionals. iDAC will cover the entire gamut of materials and technologies involved in every phase of construction through its multi city travelling discussion forum and a mega exhibition in Mumbai.

Speaking on the occasion, Rajan Bandelkar, President, NAREDCO Maharashtra, said, “We are optimistic to convert concealed challenges into opportunities that are affecting the real-estate industry. The key focus would be to improve the technology and bring-in new techniques in the construction sector as our Prime Minister has discussed topics like urban challenges, ensuring livability and desirability of affordable housing, skill development in the construction sector, enabling the eco-system for new construction technologies, innovations in construction equipment manufacturing sector, new technologies in construction beyond housing sector, among others.”

During this year of construction technology, the real estate fraternity will be exposed to enormous potential in regards to technological advancement that will lead to a well-systematic approach that will eradicate various issues and concerns of the industry, a major one being inability of deliverance at the builder’s end. Also, the support of private sector in affordable housing will further pace up the dream of housing for all by 2022’. Overall, the sentiments of the industry are changing and indicates a promising milestone of the real estate sector evolving into a trillion dollar economy by 2030.

Apex real estate body NAREDCO, along with Nova Exhibitions & Conferences, has introduced iDAC, an initiative in lines with our Prime Minister Narendra Modi’s vision of coining the year April 2019-March 2020 as the ‘year of construction technology’. The three-day exhibition commenced on March 8, 2019, in Mumbai, in the best interest to showcase the technological advancements in the Indian construction and real estate industry. The exhibition was inaugurated by Rajan Bandelkar, President, NAREDCO Maharashtra, and witnessed the presence of some of the key movers and shakers of the industry, including Gopal Kabra, Managing Director, RR Kabel; Manju Yagnik, Vice Chairperson, Nahar Group; Vilas Avchat, Vice President, Indian Institute of Architects; Gurmeet Singh, Vice Chairman, IGBC; and other stakeholders of the fraternity.iDAC is a platform to showcase, network and exchange industry knowledge advancement in the industry, for the industry, thus keeping an eye on current market affairs, issues and trends. The exhibition is targetted towards the key government authorities, developers, architects and designers, civil and structural engineers, consultants-contractors and MEP professionals. iDAC will cover the entire gamut of materials and technologies involved in every phase of construction through its multi city travelling discussion forum and a mega exhibition in Mumbai.Speaking on the occasion, Rajan Bandelkar, President, NAREDCO Maharashtra, said, “We are optimistic to convert concealed challenges into opportunities that are affecting the real-estate industry. The key focus would be to improve the technology and bring-in new techniques in the construction sector as our Prime Minister has discussed topics like urban challenges, ensuring livability and desirability of affordable housing, skill development in the construction sector, enabling the eco-system for new construction technologies, innovations in construction equipment manufacturing sector, new technologies in construction beyond housing sector, among others.”During this year of construction technology, the real estate fraternity will be exposed to enormous potential in regards to technological advancement that will lead to a well-systematic approach that will eradicate various issues and concerns of the industry, a major one being inability of deliverance at the builder’s end. Also, the support of private sector in affordable housing will further pace up the dream of housing for all by 2022’. Overall, the sentiments of the industry are changing and indicates a promising milestone of the real estate sector evolving into a trillion dollar economy by 2030.

Infrastructure Transport

07 Apr 2026

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Infrastructure Energy

07 Apr 2026

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..