Real Estate Mumbai
Mumbai Upgrades Drainage System to Tackle Heavy Monsoon Rainfall
Mumbai’s civic body is set to bolster its drainage system to manage up to 120 mm of rainfall per hour, addressing persistent waterlogging issues and enhancing the city’s resilience against erratic monsoons.
real estate news
Odisha Seeks Simplified Building Plan Approval Rules
The Indian Institute of Architects (IIA), Odisha Chapter, has proposed amendments to the Odisha Development Authorities (Planning and Building Standards) Rules to ease the plan approval process for low-risk buildings and make construction regulations more people-centric.
Real Estate Pune
Pune Rains Transform Hinjawadi IT Park into a Water Park: Calls for Water Transport Rise
Heavy rainfall over the weekend turned Pune’s Rajiv Gandhi Infotech Park into a flooded area, prompting demands for water transport and highlighting the urgent need for better infrastructure and urban planning.
Real Estate
FIIs Return to India: Positive Net Value in First Week of June 2025
After a series of withdrawals, Foreign Institutional Investors (FIIs) have returned to India, recording a positive net value in the first week of June 2025. This shift is attributed to the Reserve Bank of India's (RBI) repo rate cut and SEBI's extension of the ODI issuance framework.
Real Estate
Mumbai's Urban Planning Crisis: Real Estate Over Infrastructure
Urban researcher Hussain Indorewala discusses the dire state of Mumbai's infrastructure planning, highlighting the city's focus on real estate development at the expense of essential services like transport, sewage, and water supply.
Real Estate
Nirav Modi's Imminent Return to India: Final Legal Hurdle Cleared
The UK High Court has dismissed Nirav Modi's final legal challenge against extradition to India, paving the way for his return to face trial for the Rs13,000 crore Punjab National Bank fraud.