Chief Minister of Maharashtra Devendra Fadnavis and representatives from the state government, including the Pune Metropolitan Region Development Authority (PMRDA), visited Virgin Hyperloop One at their full-scale hyperloop test site in the Nevada Desert – building upon the historic Framework Agreement signed in February to build the first hyperloop in India.
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.
City and Industrial Development Corporation of Maharashtra (Cidco) has tendered seven plots spread across nine acre for developing a three-star hotel and six residential and commercial complexes. It is known that the corporation has been spurred to develop its properties by the proposed Navi Mumbai International Airport. The bids, which base price is pegged at Rs 36,000 a sq m, will be accepted on May 30.