Revival Plan Proposed for Stalled Real Estate Projects in Noida

RAHSTA Expo 2024 launched

“The Ministry of Road Transport & Highways has constructed 12,349 km of national highways in 2023-24 - the second highest achievement! In 2020-21 a record 13,327 kms were constructed, the highest so far. The experience of a well-constructed road is no accident but a badly constructed one can cause many,” said Pratap Padode, Founder, FIRST Construction Council (FCC), at the launch of a road show - 14th Roads and Highways Sustainable Technologies and Advancement [RAHSTA] Expo, which will be held from 9-10 October 2024 at Jio Convention Ce..

MMRCL Urged to Accelerate Metro-3 Tree Restoration

In response to concerns over the pace of tree restoration along Mumbai Metro Line 3, a High Court-appointed committee has directed the Mumbai Metro Rail Corporation Limited (MMRCL) to expedite its efforts. The committee's intervention underscores the importance of preserving green cover amidst rapid urban development.

The panel's directive comes amid ongoing efforts by MMRCL to mitigate environmental impact caused by the metro project. Ensuring swift restoration of trees is crucial to maintaining ecological balance and mitigating the project's environmental footprint.

The commi..

India Orders Gas-Fired Power Stations to Meet Summer Demand

India has invoked a 21-year-old emergency provision to order its idling gas-fired power stations to operate during the summer, as electricity demand starts to rise. All gas-based power generating stations have been instructed to operationalize their plants from May 1 to June 30 due to a projected increase in electricity demand amid a likely prolonged heat wave this summer. A significant portion of Gas-Based Generating Stations (GBSs) is currently unutilized, primarily due to commercial considerations.

The ministry has forecasted a peak power demand of 260 GW this summer (April to June ..

DLF Launches Luxury Project in Gurugram

DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.

The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..

Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects

Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.

The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..