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1.Rs.110 bn for CIDCO's budget

CIDCO’s Board of Directors has approved Rs 110 bn for various projects in FY2019-20


2.AT A GLANCE

More than 400 professionals from the construction and real-estate industry gathered at the Global NICMARians Alumni Meet & Construction Leadership Conclave 1.0, which concluded on a note that India has one of the fastest growing construction and real estate industry.


3.Consortium for Purandar Airport project approved. Here's more!

In order to expedite the Purandar Airport project, Maharashtra Chief Minister Devendra Fadnavis has approved a consortium comprising four local authorities to form a special purpose vehicle (SPV). 


4.Panvel gets the first integrated township in NAINA

Towards the government's mission of Housing for All, Wadhwa Wise City, a first integrated township under NAINA (Navi Mumbai Airport Influence Notified Area) has been inaugurated at Panvel.


5.Navi Mumbai – A destination of choice

Development of Navi Mumbai was first witnessed in 1971. This satellite city was slow to take-off, and there was hardly any growth for the first two decades. But all it needed was an extension of the suburban railway corridor from Airoli to Vashi, for the city to explode, in a good way.


6.Navi Mumbai Metro project deadline moved to April 2019

Despite four years of delay coupled with the escalated costs, the Navi Mumbai Metro continues to go off-track. As reported, the deadline has been further pushed to April 2019 by CIDCO.


7.Maharashtra’s aim to kick-off civil construction of the 706-km Mumbai-Nagpur expressway by October likely to be delayed - here’s why?

With hurdles owing to corruption allegations against one of MSRDC’s officers, the Mumbai-Nagpur Super Communications Expressway is likely to be delayed.


8.Why is the Navi Mumbai Airport still awaiting government’s approval?

Six months post CIDCO closed the financial deal with GVK-led Mumbai International Airport (MIAL), and the state government is yet to approve and finalise the Navi Mumbai airport contract. Following the government’s approval, the letter of award will be given to the contractor, only post which the SPV can be formed.


9.Here are India's big construction baggers making headway into mega projects

It's boom time for infrastructure. Just look at the number of projects awarded and bagged in 2017! While the roads segments took the lead this year as well - especially with the announcement of Phase-1 of the Bharatmala programme - pockets of opportunity were witnessed in segments like metro-rail and irrigation, among others.


10.GVK Mumbai International Airport bags Navi Mumbai Airport Project from CIDCO

The GVK-led Mumbai International Airport (MIAL) was handed over the Letter of Award (LOA) from CIDCO, the nodal agency of the Government of Maharashtra, for the Navi Mumbai International Airport.


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