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Hong Kong Court Delays Kaisa Group's Liquidation Hearing
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
House of Hiranandani strengthens its redevelopment portfolio
House of Hiranandani [HOH] known for developing integrated communities in Mumbai Metropolitan Region (MMR), Bengaluru, Hyderabad and Chennai is on its path to strengthen its footprint in the redevelopment segment in Mumbai. The company announced the signing of additional redevelopment projects of 1.7 million sq ft with a GDV of Rs 50 billion. The company has entered into registered development agreements with five major housing societies in Chembur and plans to invest Rs 32 billion. These five housing societies in Chembur comprising 459 tenants includes redevelopment of Maitri Park in Che..
DPIIT Reviews 18 Key Road Projects
Evaluation by DPIIT: The Department for Promotion of Industry and Internal Trade (DPIIT) has commenced a comprehensive evaluation of 18 critical road projects under the PM GatiShakti scheme. This initiative aims to streamline and expedite infrastructure development across the country. PM GatiShakti Scheme: The PM GatiShakti scheme is a flagship program designed to enhance the efficiency of infrastructure projects through integrated planning and execution. It focuses on reducing project delays, optimizing resource utilization, and improving overall project delivery. Project Scope: The 18 projec..
NBCC's Plan to Complete 50,000 Supertech Homes
NBCC's Plan: The National Buildings Construction Corporation (NBCC) has unveiled a comprehensive three-phase strategy aimed at completing 50,000 homes developed by Supertech. This initiative is crucial for addressing the concerns of stranded home buyers amidst ongoing insolvency proceedings involving Supertech. Phase One: The first phase of the plan focuses on completing the high-priority projects that are closest to completion. This phase aims to deliver ready-to-move-in homes to buyers who have been waiting for a significant period. Phase Two: In the second phase, NBCC will address the mid-l..
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