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Kubera Corporates wins RITES platform upgradation contract
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
Centre sanctions Rs 110 bn to boost road networks in Chhattisgarh
The Union government approved a budget of Rs 110 billion to enhance road connectivity in Chhattisgarh, according to a state government official. The approval was granted by Road Transport and Highways Minister Nitin Gadkari during a review meeting with Chief Minister Vishnu Deo Sai in New Delhi, as stated in a press release by the state government. The funds will be allocated to develop four major national highways, which are expected to transform the state's transportation infrastructure and boost industrial growth, according to the release. The preparation of Detailed Project Reports (DP..
Karnataka RERA issues Rs 7.07 bn recovery orders for delayed projects
Sudhakar Lakshmanaraja, a 37-year-old flat owner, has been facing a financial burden for the past six years, having to pay both rent and interest on loans for an apartment he purchased in 2018 due to delays in the project. Lakshmanaraja, along with other buyers of the Thanisandra project, had been promised possession by 2019, but nearly half of the project remains incomplete. In light of these delays, the Karnataka Real Estate Regulatory Authority (K-Rera) issued a revenue recovery order against the builder in 2022 after the latter failed to compensate or refund buyers within the stipulated ..
Maharashtra approves 255 acre of salt pan land for slum rehab PAP
The Maharashtra cabinet approved the use of 255 acre of salt pan land in Mumbai to develop housing for individuals affected by slum rehabilitation projects. The responsibility for implementing this plan was assigned to the Adani Group's Dharavi Slum Redevelopment Project. The state government had earlier requested the Centre to lease the salt pan land in Mumbai for this purpose. This decision on the utilization of salt pan land also includes provisions for beneficiaries of affordable housing and similar schemes. The Adani-controlled Dharavi Redevelopment Project will oversee the developmen..
