MMRDA to roll premium bus service from Gundavali to BKC

SAIL Chairman Calls for Steel Tariffs

The Chairman of Steel Authority of India Limited (SAIL) has called for the imposition of tariffs on steel imports, citing the need to protect the domestic steel industry from rising competition and price pressures. This recommendation comes amid growing concerns over the impact of cheaper imported steel, particularly from China, which is affecting the profitability and stability of Indian steel producers. The chairman highlighted that the influx of foreign steel has created market imbalances, making it difficult for local manufacturers to compete on both price and volume. India’s steel indus..

314 Housing Projects Face Insolvency

A concerning report reveals that 314 housing projects in Maharashtra are currently facing insolvency, leaving homebuyers in a precarious situation. The projects, many of which are located in Mumbai and its surrounding areas, have been stalled due to financial distress, raising serious concerns about the stability of the state’s real estate sector. These developments have impacted thousands of homebuyers who have invested in under-construction properties, now facing uncertainty about the completion and delivery of their homes. The insolvency issue has prompted calls for stronger government in..

Centre to Review Real Estate Act

The Central government is set to conduct a review of the Real Estate (Regulation and Development) Act (RERA), which was introduced eight years ago to bring transparency, accountability, and fairness to the real estate sector. The review aims to evaluate the enforcement of orders issued by RERA authorities and assess the overall impact of the act in protecting the interests of homebuyers while ensuring a fair regulatory environment for developers. As part of the review, the Centre has sought detailed reports from state-level RERA authorities on the current status of enforcement, focusing on the..