Mumbai-Pune expressway
Some of the lesser-known nodes in Navi Mumbai are touted to bring in good returns for property investments. Places like Kalamboli, Ulwe and Roadpali are the areas where an apartment buyer can expect at least 20-30 per cent returns on investments, owing to appreciation in apartment prices. Infrastructure and the location of these areas are [...] Continue Reading »
Hindustan Construction Co. Ltd has started selling non-core assets to reduce the debt burden. They have already sold 20 acre land along the Mumbai Pune expressway. As on March 31st, the total debt amount of HCC is Rs. 4200 crore. To reduce the debt amount the group has decided to sell another 80 acres at [...] Continue Reading »
The Maharashtra State Road Development Corporation (MSRDC) on Tuesday announced plans to appoint a consultant for preparing a project report on the Mumbai-Pune expressway tunnel plan between Khopoli and Lonavla. The decision to construct a 11-km-long tunnel, between Khopoli and Lonavla, on the Mumbai-Pune expressway has sparked resentment across the Konkan region. The construction of [...] Continue Reading »
