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The MMRDA is constructing the sea bridge at a cost of Rs 17,843 crore and has nearly completed the geo-technical investigation and casting yard work.

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Mumbai: The Mumbai Metropolitian Region Development Authority (MMRDA) has completed 14% work on the much-awaited 22-km Mumbai Trans Harbour Link (MTHL), which will connect the city to Navi Mumbai, according to data available till October 31.

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The Mumbai Rail Vikas Corporation (MRVC) has come up with a ₹980-crore project for operation of local train services between Panvel and Vasai railway stations.

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A new study warns that coastal cities of the world such as Mumbai could be at risk of being overrun by sea water by 2050 and that millions more could be impacted by rising sea levels than what was previously believed

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Chief Minister Devendra Fadnavis on Wednesday flagged off the test run of Metro Line no. 1 (Belapur to Pendhar) of the Navi Mumbai Metro project at Taloja Depot.

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MMRDA officials said that around 20 per cent of the project — work had begun in March 2018 — has been completed. On Wednesday, casting work on the project’s third phase begun at Ulwe.

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The Navi Mumbai International Airport (NMIA), which is in the early stages of construction, will handle more passengers than the Chhatrapati Shivaji Maharaj International Airport (CSMIA) by 2031-32, when both runways of the new airport will be functional, revealed a comprehensive transport study (CTS) released by the Mumbai Metropolitan Region Development Authority (MMRDA).

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Prime Minister Narendra Modi’s government unveiled the Budget for 2019/2020 on Friday, seeking to reverse weakening growth and investment that threaten to take the shine off a recent landslide election victory.

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Much on the expected lines, the government has announced to continue with its thrust for Affordable Housing. The Government aims to achieve their target of Housing for All by 2022 through Pradhan Mantri Awas Yojana (PMAY).

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The much-awaited Union Budget was finally announced by the first lady Finance Minister of India, Nirmala Sitharaman. The real estate community had huge expectations from this budget and hoped a slew of policies will boost the reeling real estate sector.

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Mumbai, July 5 (IANS) The realty industry has welcomed proposals to boost the housing sector, particularly affordable housing and rental housing, proposed in the Union Budget presented by Finance Minister Nirmala Sitharaman on Friday.

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While presenting Union Budget 2019-20 in Parliament today, the Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman said, Public Sector Banks are to be further provided Rs 70,000 crore capital to boost credit for a strong impetus to the economy.

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AFTER A green signal from the state Cabinet to expand its powers to Pen, Palghar and Raigad districts, the Mumbai Metropolitan Region Development Authority (MMRDA) is planning to speed up big ticket infrastructure projects in the expanded Mumbai Metropolitan Region (MMR).

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MUMBAI: The ambitious Rs 717 crore waterway project connecting Thane-Navi Mumbai-Mumbai has got traction after the Union shipping ministry on Thursday approved the plan and directed Thane Municipal Corporation (TMC) to prepare a detailed project report for the 93-km project.

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Out of the total land holding of over 450 acres, The Wadhwa Group is planning to develop 138 acres which comprises of 10mn sqft of overall development.

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The company is planning to develop the entire 450-acre project in five phases with total investment of Rs 6,000 crore in 10-12 years.

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Realty player Wadhwa Group Thursday said it is aiming for revenues of Rs 700 crore through the sale of 250 bungalows at an upcoming project in the satellite city of Navi Mumbai.

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The Wadhwa Group, one of India's leading real estate development companies and a prominent realty player in Mumbai, is planning investments of Rs 2200 crores in the first two phases of Wadhwa Wise City.

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The Wadhwa Group is planning investments of Rs 2,200 crores in the first two phases of Wadhwa Wise City, Panvel and estimated revenues from these phases of the first integrated township project in Navi Mumbai Airport Influence Notified Area (NAINA) at Panvel is Rs 3,200 crores, company said in the statement today.

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The Wadhwa Group, a real estate development company, is planning to make investment to the tune of Rs 2,200 crore in the first two phases of Wadhwa Wise City.

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Larsen & Toubro (L&T), a leading player in the airport construction segment, is set to win contract to build the Navi Mumbai International Airport. The board of City and Industrial Development Corporation (CIDCO), the planning authority, met on Friday to consider the contract.

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With Prime Minister Narendra Modi getting a second term in a landslide victory, the affordable housing segment is expected to continue to get the much-needed boost to reach its true potential.

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The Wadhwa Group, one of India’s leading real estate development companies and a prominent realty player in Mumbai, is planning investments of Rs 2200 crores in the first two phases of Wadhwa Wise City.

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Panvel has emerged as Navi Mumbai's key real estate market, on account of its comparatively affordable prices, infrastructure development and prospects of good future returns, by way of appreciation

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A 15-feet Ravan made only of plastic waste was part of a procession, which started from Goregaon and ended at Nariman Point. Made of colourful plastic waste...

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A 15-feet tall Ravana, made up of bamboos and eco-friendly material by the students of J.J. School of Arts. This Ravana has nine social evils like Noise & Air Pollution, Usage of Polythene Bags, Lifestyle Diseases, Stress, Poor Infrastructure, Addictions, Lack of Open Spaces, Congestion and Unsafe Environment.

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On Thursday, Chief Minister Devendra Fadanvis launched the first integrated township project in NAINA (Navi Mumbai Airport Influence Notified Area) at Panvel.

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Towards the mission of ‘Housing for All’, the Government of Maharashtra is aggressively working to fulfill its target of 10 lakh affordable houses in Mumbai Metropolitan Region by 2022.

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The Wadhwa Group said it is eyeing Rs 4,000 crore in revenue from its integrated township project in the Navi Mumbai Airport Notified Influence Area (NAINA).

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Real estate firm Wadhwa group is eyeing Rs 4,000 crore revenue from the first phase of its 450-acre integrated township project in Panvel, Navi Mumbai, a top company official said.

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Maharashtra Chief Minister Devendra Fadnavis inaugurated the first “Integrated Township Project” at Panvel, near Mumbai, of the Wadhwa Group named “Wadhwa Wise City” – an affordable housing megaproject — under the Prime Minister’s Awas Yojana (PMAY) Urban Scheme

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Mumbai, 29thJune 2018: Towards the mission of ‘Housing for All’, the Government of Maharashtra is aggressively working to fulfill its target of 10 lakh affordable houses in Mumbai Metropolitan Region by 2022.

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his is the first integrated project to be developed under the NAINA, a proposed 500 sq km city that will consist of hubs for agro-farming, education, trade, services, information technology and healthc

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Towards the mission of ‘Housing for All’, the Government of Maharashtra is aggressively working to fulfill its target of 10 lakh affordable houses in Mumbai Metropolitan Region by 2022.

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This is the first integrated project to be developed under the NAINA, a proposed 500 sq km city that will consist of hubs for agro-farming, education, trade, services, information technology and healthcare

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Navin Makhija, managing director, Wadhwa group, said the first phase is expected to be completed in the next seven to eight years.

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The first phase of the Panvel project named ‘Wise City’, being developed under PMAY, will house 23 residential towers along with commercial and social infrastructure developments

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Towards the mission of ‘Housing for All’, the Government of Maharashtra is aggressively working to fulfill its target of 10 lakh affordable houses in Mumbai Metropolitan Region by 2022.

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Towards the mission of ‘Housing for All’, the Government of Maharashtra is aggressively working to fulfill its target of 10 lakh affordable houses in Mumbai Metropolitan Region by 2022.

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Maharashtra CM Devendra Fadnavis inaugurtaed the first ITP Wadhwa Wise City at NAINA in Panvel, at his residence Varsha on Thursday .

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Towards the mission of ‘Housing for All’, the Government of Maharashtra is aggressively working to fulfill its target of 10 lakh affordable houses in Mumbai Metropolitan Region by 2022.

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In Mumbai's Marine Plaza Hotel, the Wadhwa Group announced its new Township Wadhwa Wise City which is going to be built in Naina Panvel and it is worth mentioning that out of their 5500 Affordbills Homes, the booking of 900 units has become pre-launch.

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Inaugurating the affordable housing project, Shri Devendra Fadnavis, Chief Minister Of Maharashtra said, “In Panvel, the most coveted township ‘Wadhwa Wise City’ is launched.

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The Wadhwa Wise City a project by The Wadhwa Group is going to deliver around 10,000 affordable homes and it will also hand over 1,000 units to the government, an official said.

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Real estate firm Wadhwa group is eyeing Rs 4,000 crore revenue from the first phase of its 450-acre integrated township project in Panvel, Navi Mumbai, a top company official said.

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Mumbai, Jun 29 (PTI) Real estate firm Wadhwa group is eyeing Rs 4,000 crore revenue from the first phase of its 450-acre integrated township project in Panvel, Navi Mumbai, a top company official said.

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Mumbai: Real estate firm Wadhwa group is eyeing Rs 4,000 crore revenue from the first phase of its 450-acre integrated township project in Panvel, Navi Mumbai, a top company official said.

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The Wadhwa Group on Friday said it is eyeing Rs 4,000 crore in revenue from its integrated township project in the Navi Mumbai Airport Notified Influence Area (NAINA). The project is spread over 138 acres and focuses on affordable housing.

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The CSMT-Panvel high-speed elevated corridor, Parel terminus and laying down of fifth and sixth lines between Diva and Thane & Kurla and Parel stations gained traction on Monday with railway board chairman Ashwani Lohani promising to expedite approvals for the projects.

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After chief minister Devendra Fadnavis pitched for financial assistance from the World Bank for the Virar-Alibaug Multimodal Corridor (VAMC), the Mumbai Metropolitan Region Development Authority (MMRDA) has sought a loan of ₹14,000 crore from the international financial institution for the mega project.

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Wadhwa Group has launched a unique campaign for its upcoming integrated township – Wadhwa Wise City @ Panvel. The basic premise of the campaign is unique and inherent as is the name Wadhwa Wise City.

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The very first campaign for upcoming integrated Township Living project “Wadhwa Wise City @ Panvel”, shows that real estate advertising isn’t a formula. Wise Living, the basic premise of the campaign is unique and inherent in the name Wadhwa Wise City itself.

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City and Industrial Development Corporation (Cidco) recently invited bids for the lease of 1.3 hectares or 13,619.47 sq mt of plot at sector 19A for residential and commercial development quoting a base price of Rs 95,461 per sq mt.

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Due to the proximity of the airport to the creek, it is easier to provide water-way connectivity between the airport and various parts of Mumbai and coastal Maharashtra.

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Realty developer Wadhwa Group has raised Rs 650 crore from PNB Housing Finance as construction finance for the first phase of its maiden affordable housing project spread over 138 acre in Panvel near Mumbai.

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Corridor between CSMT and Panvel will make it a one-hour journey; currently, it takes 90-120 minutes to cover the distance by road. Mumbaiites travelling from the business hub of south Mumbai may soon be able to reach the proposed Navi Mumbai airport faster by train than road.

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The next eight months will decide if chief minister Devendra Fadnavis’s plan to see the maiden flight taking off at the Navi Mumbai international airport by 2019-end can be realized.

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The country’s biggest container cargo terminal, Jawaharlal Nehru Port Trust, will be on par with European ports by 2022 when it is expected to handle 10 million teus (a measurement of 20- foot equivalent container units) annually.

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The construction of the sea link is likely to begin by February end. The ambitious MTHL will cut down travel time between Mumbai and Navi Mumbai by 30 minutes. The project includes a six-lane bridge which would be at least 16.5km long creek bridge with 5.5km viaducts on land on either side.

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Wadhwa Group, which is launching six new residential projects, has secured funding commitment worth Rs.2,000 crore from Piramal Fund Management to cater to the investment requirement of the upcoming projects

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The ambitious corridor, which is set to halve the time of travel between Virar and Alibaug, has been divided into two phases. The Maharashtra government’s ambitious Virar-Alibaug multi-modal corridor is likely to take off soon.

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