The Maharashtra government is drafting a policy to mandate precast construction for real estate firms in Mumbai, aiming to enhance efficiency and sustainability in the building industry.
Precast ConstructionReal EstateMumbaiMaharashtraSustainabilityReal Estate MaharashtraMar 15, 2025
Precast construction involves the manufacturing of concrete components off-site in a controlled environment. These components are then transported to the construction site and assembled.
Precast construction offers several benefits, including improved construction quality, faster project completion, lower costs, and better environmental sustainability.
The policy is expected to modernize the construction industry in Mumbai, enhance building quality, and promote sustainability. It may also create new opportunities for local manufacturers and suppliers.
The challenges include the initial costs, the need for specialized skilled labor, and the requirement for new technology and training. The government is working to address these issues through incentives and support programs.
The government is drafting the policy, engaging with industry stakeholders, offering financial incentives, providing technical assistance, and conducting training programs to ensure a smooth transition.
Get ready for a seamless travel experience from Ballabhgarh to Jewar Airport in just 15 minutes
ICICI Prudential Asset Management Company has acquired a commercial office tower from Kalpataru in Mumbai for Rs 315 crore, marking a significant real estate deal in the country's financial capital.
Signature Global, a leading real estate brand in India, announces a special Janmashtami offer on its premium properties, making it an ideal time to invest in your dream home.
The Insolvency and Bankruptcy Board of India (IBBI) has proposed several reforms to enhance the real estate insolvency process. These reforms include the inclusion of land authorities in creditor meetings to ensure better transparency and resolution.
Ajay Devgn, the acclaimed Bollywood actor, is known for his diverse roles and charismatic presence on screen. However, his off-screen lifestyle is equally intriguing. From his vast real estate portfolio to his stunning properties in Mumbai and London, thi
Raheja Developers, a leading real estate company in Gurugram, India, is facing insolvency proceedings due to complaints from over 40 flat buyers. The National Company Law Tribunal (NCLT) has initiated Corporate Insolvency Resolution Proceedings (CIRP) aft