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.
Golden Growth Fund (GGF) ventures into South Delhi's luxury real estate market with a prime land acquisition in Anand Niketan, featuring four spacious dwelling units.
Bajaj Housing Finance is engaged in individual home loans, loan against property, lease rental discounting, and developer finance. Nifty snapped three-week winning streak led by global volatility.
Office rents across India's top six cities have surpassed pre-pandemic levels for the first time in 2024, with cities like Hyderabad and Pune leading the recovery. Demand in the commercial real estate market has solidified, setting a new norm for annual s
Pilani Realty, led by Ravi Ramesh Pilani, is blending traditional astro-architecture with modern real estate construction to create spaces that enhance positive energy flow. Discover their innovative projects and tenders in this detailed article.
Andhra Pradesh Chief Minister N Chandrababu Naidu has assured full support to the real estate sector, predicting significant growth in the coming years. He emphasized the importance of proper permissions and sustainable development.
Mumbai [India], January 29: Hiranandani Group, a leading name in the Indian real estate sector, has recently launched its latest project, Hiranandani Westgate. The group is optimistic about achieving a revenue of Rs 4300 crore from this project, which is