Mumbai is on the verge of complete transformation

27 Sep 2025 CW Team

Pratap Padode: Maharashtra’s infrastructure plan seems to be rolling out project after project: the Navi Mumbai International Airport, Coastal Road, Shaktipeeth Expressway, Worli-Sewri Connector and Vadhavan Port. What is driving this momentum?

Ashwini Bhide: Maharashtra has always been at the forefront of infrastructure development. Our vision is to be a $ 1 trillion economy by 2030 and $ 5 trillion by 2047. To achieve this, massive investments in infrastructure are essential. Being over 50 per cent urbanised, our cities must be future-ready. We are also addressing regional disparities, focusing on balanced development and preparing for the net-zero transition. Today, 96 projects across 17 sectors worth Rs 9 lakh crore are being monitored, with the Chief Minister personally reviewing 30 of them regularly...

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Building Material

27 Sep 2025

Forging a Balance

The ongoing boom in real estate and infrastructure was bound to spill over to the steel sector. Rating agency ICRA estimated demand for domestic steel to have grown at 10 per cent in FY25, but to moderate to 7-8 per cent in FY26 on the back of a slowdown in public capital expenditure.Homemade steelAbout two-thirds of India’s domestically produced steel is consumed by infrastructure and construction, and nearly a third for government projects, observes Shalabh Chaturvedi, Managing Director, CASE Construction Equipment, India & SAARC region. Real estate predominantly uses only domestic steel..

Equipment India Awards 2025

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Kalpataru Launches Estella at Parkcity, Redefining Township Living

Kalpataru has launched Kalpataru Estella, a new residential phase within its 100+ acre township Kalpataru Parkcity on Kolshet Road, Thane. The launch follows strong Q1 FY26 sales bookings of Rs 12.49 billion, up from Rs 6.82 billion last year. Estella offers 2 and 3 BHK homes with Jodi-flat options, and future phases will include 4 BHK residences. All layouts are Vastu-compliant with natural light, cross ventilation, and 100-metre tower spacing for privacy. Sustainability features include EV charging, energy-efficient systems, and 70 per cent open green spaces, anchored by Namo Grand Cent..