Starting from April 2025, the Maharashtra State Road Development Corporation (MSRDC) will enforce the mandatory use of FASTag at all its toll plazas, marking a significant step towards streamlining toll payments and reducing traffic congestion.
FastagToll PlazasMsrdcElectronic Toll CollectionTraffic CongestionReal Estate MaharashtraMar 17, 2025
FASTag is a prepaid electronic toll collection system that uses Radio Frequency Identification (RFID) technology to automatically deduct toll fees from a linked account, allowing vehicles to pass through toll plazas without stopping.
FASTag is becoming mandatory to improve traffic flow, reduce congestion, and enhance the overall efficiency of toll payments. It aligns with the government's goals of digitization and promoting a cashless economy.
FASTag will become mandatory at MSRDC toll plazas starting from April 2025.
The benefits of using FASTag include reduced travel time, smoother traffic flow, and a more convenient and secure payment method. It also promotes a cashless economy, reducing the risk of theft and corruption.
Yes, there will be a grace period to allow users to get their FASTag devices and familiarize themselves with the system. During this period, vehicles without FASTag will be allowed to pass through toll plazas but at a higher rate.
State Street Corporation, a leading global financial services provider, has leased an office tower from Brookfield Properties near Mumbai's BKC to set up its new Global Capability Center (GCC). This strategic move is expected to bolster the company's real
The real estate market in India is witnessing a transformation, and Shubham Bibave is at the forefront of this change. His real estate division is laying the groundwork for a brighter, bolder future in Pune.
Pune, 20th January 2025: Pune's rental market has experienced a significant surge, causing tenants to struggle with substantial rent increases.
Keystone Realtors, a prominent real estate developer since 1995, has reported a significant decline in net profit for the quarter ending December 31, 2024, reflecting the ongoing challenges in the Mumbai real estate market.
India's booming real estate sector faces significant electrical safety challenges as cities like Hyderabad undergo rapid transformation. Polycab and CNBC-TV18 have launched initiatives to address these issues and ensure safer living and working environmen
The Dwarka Expressway is rapidly becoming a real estate hotspot, driven by significant infrastructural advancements and a growing market demand.