First BDD Chawl Residents to Get Flats
Real Estate

First BDD Chawl Residents to Get Flats

Mumbai's BDD Chawl redevelopment project will see its first batch of residents moving into newly constructed flats by January 2025. Around 600 families from the Worli BDD Chawl will receive modern housing units, marking a major step in the city's efforts to upgrade living standards for approximately 16,000 families across four locations. The project, led by the Maharashtra government, aims to replace the old chawls with high-rise buildings featuring better amenities, ensuring a smoother transition to a more sustainable and improved lifestyle.
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Mumbai's BDD Chawl redevelopment project will see its first batch of residents moving into newly constructed flats by January 2025. Around 600 families from the Worli BDD Chawl will receive modern housing units, marking a major step in the city's efforts to upgrade living standards for approximately 16,000 families across four locations. The project, led by the Maharashtra government, aims to replace the old chawls with high-rise buildings featuring better amenities, ensuring a smoother transition to a more sustainable and improved lifestyle.

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Infrastructure Urban

Osaka Expo 2025 to Feature World’s Largest Wooden Structure

Osaka Expo 2025 will showcase the world’s largest wooden structure—a spectacular canopy encircling the 155-hectare exhibition grounds. Designed by architect Sou Fujimoto, the structure combines cutting-edge technology with Japan’s thousand-year tradition of wooden construction to create a futuristic yet sustainable landmark.“This is the biggest wooden construction in the world, so we used the latest technology alongside Japan's ancient craftsmanship to achieve a futuristic design,” Mr Fujimoto said. Rigorous testing ensured the strength of the beams and joints for the immense structu..

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Infrastructure Energy

India ranks 6th globally with 127 Net-zero firms

India has secured the sixth position globally in corporate climate action, with 127 companies committing to net-zero targets under the Science- Based Targets initiative (SBTi), according to the latest report from ICRA ESG Ratings.Although India contributes approximately 7 per cent of global emissions, its corporate commitments reflect a growing awareness of climate concerns. However, high-emission sectors such as power, energy, and cement are lagging in adopting these goals.The report reveals that fewer than 10 per cent of firms in these high-emission sectors, which contribute to 55 per cent o..

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Infrastructure Energy

Power prices fall 31% amid renewable push

The average price of electricity traded on India’s power exchanges during October-November 2024 fell by 31 per cent year-on-year (YoY) to Rs.3.61 per unit in the Day-Ahead Market (DAM), down from Rs.5.23 per unit in the same period last year. Similarly, Real-Time Market (RTM) prices dropped by 29 per cent to Rs.3.59 per unit, compared to Rs.5.04 per unit a year ago, as per industry data. The price drop was driven by a surge in renewable energy generation, particularly hydro and wind power, supported by favourable monsoon conditions. Improved fuel availability and government-led ini..

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