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1.Virar-Alibaug corridor and twin tunnel projects exchanged

MMRDA and MSRDC swaps construction of Virar-Alibaug corridor and twin tunnel projects


2. 67% still want to invest in properties despite COVID

56% either shortlisted or actively looking to buy property in less than six months


3.MHA Guidelines: Restarting business in different states

Government formulates exit strategy, lifts lockdown selectively across the country.


4.Some construction to resume in non-hotspots

The move to start at least some construction activity on project sites, even with limited workforce, is welcome.


5.Residential bookings in MMR fall by 78% in Feb-March due to COVID-19

Study conducted by CREDAI MCHI with insights from over 100 MMR developer members


6.JICA extends ODA loan of Rs 24.80 bn for Mumbai Metro Line 3 Project (III)

The objective of the project is to cope with the increase in traffic demand in Mumbai by expanding the mass rapid transportation system


7.An Open Letter to Finance Minister

The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India’s GDP.


8.Keppel Land and Rustomjee Group to co-develop an integrated township in Mumbai

Keppel Land, through its wholly-owned subsidiary has entered into a joint venture with leading Indian developer, Rustomjee Group, to jointly develop the 51.4-hectare Urbania integrated township located in Thane, a mature and well-connected district within the Mumbai Metropolitan Region, India.


9.MMRDA invited investors for infrastructure projects worth Rs 1 Trillion

The Mumbai Metropolitan Region Development Authority (MMRDA) has reportedly, called on domestic and international investors to fund its infrastructure development projects that are estimated to be worth around Rs 1 trillion.


10.MMRDA seeks project funding from German bank KfW

Explore possible funding opportunities for its urban infrastructure projects Tag


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