Maharashtra to link key nodes within Mumbai
Real Estate

Maharashtra to link key nodes within Mumbai

With projects like Mumbai Trans Harbour project getting completed next year, Mumbai will no longer be known as an Island City. The State Government of Maharashtra is working towards connecting the ma...

With projects like Mumbai Trans Harbour project getting completed next year, Mumbai will no longer be known as an Island City. The State Government of Maharashtra is working towards connecting the major nodal centres within Mumbai and is already preparing a special plan for the transportation sector revised for the next 20 years according to SVR Srinivas, Metropolitan Commissioner, MMRDA. The Mumbai-Trans Harbour Link project would be completed by the end of next year. “At the moment, travelling from places like Malabar Hill to Bandra-Kurla Complex takes more than 45 minutes. Once MTHL project is operational, commuting even to Navi Mumbai The National Real Estate Development Council (NAREDCO) Maharashtra’s Neral-Karjat unit presented Progressive Neral-Karjat Affordable City, 'Mumbai 3.0’, at an event organised at the Jio World Convention Centre recently.Commenting on the launch, Gautam Thacker, President, NAREDCO Neral-Karjat unit, has said, “The city has a lot of space constraints, so it is critical to develop a city that not only meets the space criteria, but also provides facilities and offers affordable housing options. Mumbai 3.0’s blueprint, on that front is promising, as it provides early movers advantage of affordable luxury housing options along with well-connected infrastructure facilities to facilitate a quality life. Investors can also benefit from long-term capital appreciation

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Infrastructure Urban

JSW Infrastructure to Invest Rs 150 Billion in Port Expansion

JSW Infrastructure plans to invest Rs 150 billion over the next three years, primarily in port development, and an additional Rs 90 billion over five years in logistics. Of the logistics budget, Rs 10 billion has already been spent on acquiring Navkar Corporation. According to Lalit Singhvi, Whole-time Director and CFO, the company’s greenfield port projects, including Jatadhar, Keni, and Murbe, are on track for completion within two to three years. Brownfield expansions at Jaigarh and Dharamtar are also progressing, with operations expected to begin within 18 months. Meanwhile, the Goa..

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Infrastructure Urban

Indian Auto Sector Set for 70% Workforce Expansion in H2 FY25

The Indian automotive sector, contributing around 7% to the country’s GDP, is expected to see a 70% workforce expansion in the second half of FY25, according to a report by TeamLease Services. The sector is witnessing an 8.5% net employment change, driven by rising demand for electric vehicles (EVs), premium models, and high-tech connected automobiles. With companies ramping up EV production and integrating advanced technologies, there is a surge in demand for specialised roles, including robotics experts, software engineers, and supply chain managers. Chennai (63%), Mumbai (62%), and D..

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Infrastructure Transport

91% of Airport Capex Target Achieved: Economic Survey

The Economic Survey reports that over 90% of the planned capital expenditure on airports between FY20 and FY25 has been achieved by private operators and the Airports Authority of India (AAI). Of the total target, AAI’s contribution is approximately Rs 250 billion, with the remaining investment coming from airport developers under the PPP model. As part of the PM Gati Shakti initiative, the government aims to establish a seamless multimodal connectivity network, integrating aviation with railways, roads, and waterways. Additionally, in the aircraft maintenance, repair, and overhaul (MRO..

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