The Maharashtra Revenue Minister has taken stringent action against 58 sand depots for violations and is set to introduce a new policy on manufactured sand (M-sand) to regulate the sector and promote sustainable practices in the construction industry.
MsandSand DepotsMaharashtraReal EstateSustainable DevelopmentReal Estate MaharashtraApr 20, 2025
M-sand, or manufactured sand, is produced by crushing rocks and boulders of suitable strength and gradation. It is a viable alternative to river sand and is more sustainable as it reduces the pressure on natural sand resources.
The government is cracking down on sand depots to address widespread violations, including unauthorized extraction, overcharging, and environmental damage, and to ensure that the sand market operates within legal and ethical standards.
The new policy on M-sand is expected to provide a consistent and reliable supply of construction material, reduce costs, and minimize the environmental impact of traditional sand mining.
The policy will outline standards and guidelines for the production, distribution, and use of M-sand, including quality control measures and environmental compliance to ensure sustainable practices.
Real estate developers have welcomed the policy, noting that M-sand can provide a cost-effective and environmentally friendly alternative to river sand, ensuring a steady supply for construction projects.
High interest rates have boosted Blackstone's credit assets, but weighed on its real estate value. Despite this, the company has seen a 3% rise in distributable earnings.
India secures 9% of APAC's cross-border real estate investments in H1 2024, with USD 3 billion flowing into Indian real estate, driven by global private equity investors.
RSS Chief Mohan Bhagwat has voiced concerns over the declining population growth rate in India, warning that a rate below 2.1 could spell the end for society. He emphasizes the critical role of the family in maintaining a healthy population.
Oasis Lofts promises to be the next big step in real estate development, redefining residential and investment standards in Dubai Silicon Oasis.
Signature Global has made a significant investment in the Gurugram real estate market by acquiring a 16-acre plot for Rs 300 crore. This strategic move underscores their commitment to the mid-income and premium residential sectors.
Globeop, a leading financial technology company, has signed a lease for 63,000 square feet at Nirlon Knowledge Park in Mumbai, marking a significant expansion in the city's bustling real estate market. The new office space will accommodate the growing nee