Square Feat India

Infrastructure

CIDCO Slashes Metro Fares by Up to 33% Effective September 7, 2024

CIDCO has reduced Metro fares for the Belapur-Pendhar Corridor by up to 33%, effective September 7, 2024. The new fares will be ₹10 to ₹30, replacing the previous ₹40 maximum fare. This move is designed to enhance affordability and accessibility for commuters.

September 5, 2024

Infrastructure

MMRDA Appoints Contractors for Three Major Creek Bridges in Thane

The Mumbai Metropolitan Region Development Authority (MMRDA) has appointed contractors for three major creek bridges in Thane, Maharashtra. The projects aim to improve regional connectivity with significant investments in infrastructure, featuring key constructions by Afcons and Ashoka Buildcon.

September 5, 2024

Infrastructure

Major Companies Express Interest in Vadhavan Port Development

Several leading companies have shown strong interest in the Vadhavan Port development project, a major initiative by the Indian Ministry of Ports, Shipping, and Waterways. The project aims to transform India’s maritime infrastructure by alleviating congestion at current ports and boosting trade efficiency. As the project progresses, it is set to become a key hub in global trade.

September 5, 2024

Realty

Know How Much your Housing Price will Increase?

A Reuters poll forecasts a 7.8% rise in India’s house prices for 2024, primarily driven by luxury real estate demand. The CREDAI Housing Price Tracker reveals substantial price hikes in Bengaluru, Hyderabad, and Delhi NCR, while Mumbai’s prices remain stable.

September 5, 2024

Mumbai home sales September 2024 decline

Realty

NRI Asks: Is ₹1.25 Crore Enough to Settle in India? Reddit Responses Highlight Affordable Cities and Challenges

An NRI planning to return to India with ₹1.25 crore asked Reddit if this amount is enough to settle comfortably, especially in tier-2 cities like Noida, Lucknow, and Patna. Responses from the Reddit community provided valuable insights on affordable cities and adjustment challenges, confirming that tier-2 cities offer a viable and economical alternative to expensive metropolitan areas.