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1.IKEA to invest Rs 60 bn in Maharashtra

IKEA seeks Mumbai for long term growth potential and revenue


2.Adani takes over Ahmedabad airport for 50 years

Indeed, after a competitive bidding process, Adani Group has won the rights for the management and operations of six major airports within the country on lease for the next 50 years. Privatised by the Central Government, these include Lucknow, Mangalore, Jaipur, Guwahati, Ahmedabad and Thiruvanantha..


3.Maharashtra Govt increases Ready Reckoner Rates

For the first time in 2.5 years, the state hiked the RRR by an avg 1.74%.


4.NARSI Group unveils its next-gen, state-of-the-art factory at Navi Mumbai

The Narsi Group has always emphasised on aesthetic appeal and reliability and this is evident from the design of their factory


5.Larsen and Turbo bags order to construct Navi Mumbai International Airport

Navi Mumbai International Airport (NMIAPL) has awarded the construction arm of Larsen and Turbo (L&T) the contract for developing the upcoming international airport.


6.Should data centres developers take on operations?

Is “design + build + operate” an appropriate model for a data centre operator?


7.Maharashtra bags investment proposals worth Rs 390 billion

These companies are reportedly exploring the acquisition of land around Panvel and Mangaon


8.Foot over bridge collapses in Navi Mumbai

Fire brigade personnel were rushed to the spot and the injured were reportedly admitted to nearby hospital


9.Reliance Industries to set up megacity near Mumbai

The launch of Ambani’s megacity is expected to recast the entire urban infrastructure scene in India


10.MahaRera Suggests appointing multiple agencies to drive OCs to projects

Move to help avoid monopoly of single person holding up project’s OC. More than 700 projects have got delayed OC although developers applied for OC on time.


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