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MTHL project: MMRDA invites bids for construction of ‘Package 4’

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday invited bids for the construction of ‘Package 4’ of Mumbai Trans Harbour Link (MTHL) project on a design and build basis. The 21.8-km six-lane sea link road, MTHL will connect Sewri in Mumbai and Chirle in Navi Mumbai. Work on the project is expected to be completed in Octo


Government to revise guidance value of properties in Karnataka soon

BENGALURU: Property prices in the state may largely go up soon as the government is looking at revising guidance values. A Central Valuation Committee (CVC) comprising senior officials of the revenue department is assessing guidance values in all districts and could submit its report this month, said a senior revenue department officer. G


Realty contribution to GDP to reach 10% by 2025: Official

The real estate sector which has been stressed for quite some time now has started showing signs of improvement since the first quarter of the current fiscal and its contribution to the country's GDP is expected to reach 10 percent by 2025 from the current 7 percent, a top government official said on Thursday. Union Housing and Urban Affairs