Real Estate Sector Latest News, Updates & Insights – PropertyPistol Blog

The Virar Panvel Corridor, between Panvel and Virar, was designed by the railroads to connect Mumbai‘s west (Virar) and far east (Panvel) (Navi Mumbai). It was decided in response to a directive from the Center to railroad officials. The aim was to find ways to lessen traffic and create more space for house construction. Mumbai grew each time a new rail line connection was established.… Read more

The infrastructure industry is comparable to the skeleton of our nation, but it also stands out as one of the most inefficient sectors of the economy. Records analysis indicates that 40% of projects go over budget, 90% of projects are late, and 10% or more of the raw materials are squandered on each work. All of the stakeholders must cooperate more effectively in order to build a smart and sustainable skeletal device. They must also understand the role that today’s technologically advanced construction, or “Connected Construction,” may play in boosting their 5 core operating pillars: productivity, quality, transparency, protection, and sustainability.… Read more

Nitin Gadkari, the Union Minister for Road Transport and Highways, said on December 16 that India’s road infrastructure would match that of the United States by the year 2024. The minister said, “We are making the World Standard Road infrastructure inside the United States of America and promising you that before the give up of 24, our avenue infrastructure may be same to the same old of the USA, American standards,” in his speech to the 95th FICCI Annual Convention.… Read more

An essential component of India’s financial system’s impetus for progress is the infrastructure sector. India has completed numerous infrastructure projects and is expected to start major projects totaling $1.3 trillion. The key factor supporting the infrastructure drive is the increase in capital spending. The Indian government’s direct capital expenditure in 2013–14 was around and a half lakh crore rupees and it is expected to increase to almost seven and a half lakh crore rupees by 2022–23. Several industries have seen significant advancements:… Read more