In India and many bamboo-rich countries, bamboo continues to be used in traditional and rural areas as a cost-effective housing material. However, it does not enjoy the patronage of contemporary engineers unlike brick, steel, concrete or timber.
Maharashtra State Road Development Corporation (MSRDC) has received pre-qualification applications from 33 companies for constructing the proposed Nagpur Mumbai Super Communication Expressway (NMSCE). Of these 33 companies, 17 are sole applicants while rest are JVs. The applications were invited by MSRDC in January 2017.
The Maharashtra Government has decided to construct the Maharashtra Samruddhi Mahamarg through Engineering, Procurement and Construction (EPC) model. This will ensure that the project is completed in time. The state government has set deadline of October 2019 for its ambitious project.
The Nagpur-Mumbai Super-Communication Expressway, popularly known as the Maharashtra Samruddhi Corridor (MSC), will assure sustainable development and is expected to buoy employment generation, agricultural growth, robust infrastructure and reverse migration.
It is known - and recognised - that the Indian economy is one of the fastest growing in the world. However, for this growth to sustain, the infrastructure sector needs acceleration at a much faster pace. With this in mind, Finance Minister Arun Jaitley allocated Rs 396,135 crore for the infrastructure sector in this year´s Budget, up 10 per cent from the previous year.
In a historic move, a majority of farmers from Fugale, Washala Budruk and Tokarkhand villages in Thane, Maharashtra, have given their consent to the Nagpur-Mumbai Super Communication Express Highway, popularly known as the Maharashtra Samruddhi Corridor (MSC).
Maharashtra State Road Development Corporation (MSRDC) has invited Request for Qualification (RFQ) from global construction majors for the Mumbai-Nagpur Super Communication Expressway project popularly known as the Maharashtra Samruddhi Corridor (MSC).
Real estate to get its own unique class given by S&P Dow Jones Indices and MSCI will give real estate its own unique class. This is done because the real estate sector has outperformed the S&P 500 with S&P's REIT industry index up 24 per cent annually since the bull market began in 2009, versus 18 per cent for the benchmark.
On August 23-24, 2015, NAR-India held its 7th Annual Convention in Bengaluru. Hosted by the Bangalore Realtors Association-India (BRA-I) and supported by the Karnataka government, the event included a rich mix of developers, architects, lawyers, investors, venture capitalists, project and facility managers, property valuers, chartered accountants and financial experts from India and over 24 countries across the globe.
Magicbricks continues to retain its dominance in the online realty space with the latest scores from ComScore showing 3.2 crore total unique visitors and 1.6 lakh average daily visitors since January 2015.