Promoters sell stake in Indiabulls ahead of merger

Canal Water Boost for Mudki

In a significant push for public health and urban development, MLA Rajneesh Dahiya has announced a Rs.280 million canal water supply project for Mudki town in the Ferozepur Rural constituency. The initiative aims to provide clean drinking water to every household within Mudki’s municipal limits. Speaking about the development, Dahiya said the project falls under the Centre’s AMRUT (Atal Mission for Rejuvenation and Urban Transformation) scheme and is being carried out with the support of Punjab Chief Minister Bhagwant Singh Mann and Local Government Minister Dr. Inderbir Nijjar. “This ..

6 Tunnel Boring Machines Idle in Chennai

Six tunnel boring machines (TBMs) deployed by the Chennai Metro Rail Limited (CMRL) are currently lying idle beneath city roads, stuck in limbo due to delayed construction of underground stations at Moolakadai, Perambur, and Mandaveli. The TBMs, launched as part of Corridor 3 of the Phase II Metro project from Madhavaram to SIPCOT, have reached their designated stations but are unable to proceed as the station boxes are incomplete. Without a completed diaphragm wall or station box, the machines cannot break through or be dismantled for reuse. According to CMRL officials, the root of the dela..

RERA’s Impact Five Years Later

The Real Estate (Regulation and Development) Act (RERA) has been one of the biggest regulatory changes made to the real estate industry in India. The RERA was passed in 2016 and went into effect in May 2017. It was created to address persistent issues like funding mismanagement, lack of transparency, and project delays. Since each state has jurisdiction over real estate, the success of RERA has mostly rested on state adoption and implementation. RERA's implementation in almost every state over the last five years represents a significant turning point in the regulatory environment for the sect..