A new mechanism is being considered to fund major infrastructure projects. This involves unlocking the financial value of land assets. The proposed framework could allow for more efficient use of these assets.
A commissioner has mentioned that this framework may bring significant benefits. It is expected to make a state the first to adopt this approach.
Further details about the proposed mechanism and its potential impact are available from the source. The framework is part of a larger plan to leverage land assets and fund projects.
Bhopal (Madhya Pradesh): The Madhya Pradesh High Court on Friday directed the Bhopal Municipal Corporation (BMC) to reconsider its action against properties allegedly being used for commercial purposes in a residential area and take a fresh decision complying with the Supreme Cou...
Mumbai, September 11, 2026: The Bombay High Court on Friday came down heavily on the Palghar police over the “lethargic” manner in which they were investigating the alleged assault on doctors at a Palghar hospital on September 6, directing the Special Inspector General (Konkan Ra...
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Mumbai, September 11, 2026: The Bombay High Court has upheld the Maharashtra government’s decision to remove a gate installed by a housing society on a road passing through government land in Khar, observing that the society could not convert a public access route into an exclusi...
Mumbai: In a crackdown on the illegal drug trade in Mumbai, the city police have arrested a Nigerian national with cocaine worth ₹61 lakh, while three habitual offenders have been arrested in a separate Mephedrone (MD) case, with police also recovering material allegedly used for...
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Mumbai’s streetlights could soon get more than a functional makeover. The BEST Committee on Friday deferred a proposal to install 1,450 conventional streetlight poles in Worli at a cost of around Rs 2.50 crore, asking the administration to rethink their design and bring in a loca...
Mumbai: Hundreds of adivasis (tribals) from the Sanjay Gandhi National Park (SGNP) and Yeoor began a march towards Raj Bhavan on Thursday, pressing for implementation of forest rights, protection against displacement and basic amenities in tribal settlements, alongwith conservati...
Mumbai: With thousands of devotees expected to descend on Bandra for the annual Mount Mary Yatra, the BEST Undertaking will operate 236 additional buses throughout the week to handle the rush between Bandra railway station (West) and Hill Road. The special services will run from ...
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