Latest news with #MIDC
Business Upturn
19 hours ago
- Business
- Business Upturn
Hubtown receives Transferable Development Rights from MIDC and MCGM for Andheri project
Hubtown Limited has received Transferable Development Rights (TDR) totaling 11,000 square meters. The rights have been granted by the Maharashtra Industrial Development Corporation (MIDC) and the Municipal Corporation of Greater Mumbai (MCGM) as part of the consideration for an ongoing slum rehabilitation project in Andheri (East), Mumbai. The TDR acquisition marks a key development in the project's progression, facilitating future construction opportunities either on the same project or on other eligible land parcels under applicable regulations. About Hubtown Limited Founded in 1989, Hubtown Limited is a publicly listed real estate development company in India. The company's project portfolio includes residential buildings, office spaces, and IT parks across various regions. Hubtown has been involved in both private and public sector projects, with a focus on urban development and infrastructure. The company continues to participate in initiatives such as slum rehabilitation and urban redevelopment, in alignment with government policies and urban planning guidelines. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
5 days ago
- Automotive
- Time of India
Industrialists irked by poor roads in Ambad MIDC areas, demand urgent repairs
Nashik: Industrialists in the Ambad MIDC, located within the limits of NMC, are irked by the terrible condition of roads in the estate and the civic body's failure to repair them. According to the Ambad Industries and Manufacturers Association (AIMA), potholes have surfaced on all major and internal roads in Ambad Maharashtra Industrial Development Corporation (MIDC) areas, making driving risky for motorists. They added that the roads here have not been re-laid for the past 15 years. MIDC had previously handed over roads in both Ambad and Satpur industrial estates to Nashik Municipal Corporation (NMC), which repairs and maintains these stretches and streetlights on them. In turn, the industries pay a property tax to the NMC. Now, a delegation of AIMA, led by its president Lalit Boob, met officiating NMC commissioner Karishma Nair, seeking immediate road repairs and concreting of all roads in the Ambad industrial areas. Boob also urged the NMC commissioner to make adequate financial provisions in the civic budget for infrastructure improvement in both MIDC areas. In response, Nair said NMC has made a financial provision of Rs8.5 crore for Ambad industrial estate and Rs6 crore for Satpur MIDC areas, and improvement works will start in the next couple of weeks. Boob told TOI, "Potholes and the poor condition of roads are slowing vehicle movement, causing traffic jams and minor accidents. Moreover, workers are developing health issues and vehicle maintenance costs have risen. During peak hours of commute in the morning and evening, traffic jams are a regular affair." Nikhil Panchal, an industrialist, said, "The condition of roads, particularly in Ambad MIDC areas, has deteriorated further. It is causing huge inconvenience. We want NMC to immediately repair all roads using tar. Moreover, we also want the civic administration to re-lay all major and minor roads in Ambad industrial areas." He added, "We expected NMC to repair the roads by April, but it could not. Heavy rain has been lashing the city since May 5, further deteriorated the condition of the roads." There are around 2,000 micro, small, medium, and large industrial units in Ambad MIDC areas, providing employment to over 1 lakh workers. There is also continuous movement of heavy trucks and containers here to transport goods and dispatch finished products.
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Business Standard
7 days ago
- Business Standard
7 injured in attack during protest outside pharma company in Thane, 10 held
Seven persons were injured after allegedly being attacked by a group of workers staging a protest outside a pharmaceutical company in Thane district of Maharashtra, police said on Wednesday. The police have registered a case against 10 attackers in connection with the incident which took place on Monday near the company's premises in the Maharashtra Industrial Development Corporation (MIDC) area in Ambernath, they said. According to the FIR, the incident occurred at around 12.30 pm on Monday when the accused, who were staging a sit-in protest outside the company's premises, spotted a group of people entering the factory. The reason for the protest was not specified. The accused, suspecting that the people entering the company were hired to replace them, allegedly hit the victims and also attacked them with sticks. They chased away the victims and threatened them with dire consequences if they reported to work at the company, an official from Shivaji Nagar police station said. Seven persons were injured and treated at a local hospital, he said. Based on a complaint by one of the victims, an FIR was registered on Monday against 10 persons under the Bharatiya Nyaya Sanhita section 189(2) (unlawful assembly), 191(2) (rioting), 190 (offence committed in prosecution of common object), 118(1) and 118(2) (voluntarily causing hurt or grievous hurt by dangerous weapons or means), 115(2) (voluntarily causing hurt) and 352 (intentional insult with intent to provoke breach of peace). "As of now, no arrest has been made in connection with the incident. We are verifying the sequence of events and gathering further evidence to identify and apprehend the culprits," the official said.
Time of India
27-05-2025
- Business
- Time of India
India's most impactful real estate events & conferences to watch
As India's real estate sector navigates its next growth phase, the role of curated knowledge platforms has never been more vital. With rising urban aspirations, digitisation, and policy-led transformation shaping the built environment, professionals across the realty ecosystem are looking for more than just networking—they're looking for strategic foresight. That's precisely where India's best real estate events and conferences come in. Organised by ETRealty, a part of The Economic Times Group, these forums bring together decision-makers, innovators, and practitioners to explore the trends shaping India's cities, spaces, and investments. From commercial real estate events and design summits to award platforms and regional conclaves, here's a look at the events that matter most in 2025. Reality Beyond Summit Positioned as one of the year's most comprehensive real estate conferences, the Realty Beyond 2025 Summit is where the industry's leadership gathers to chart the sector's future. With a national focus on infrastructure readiness, ESG priorities, housing demand, and capital flows, the summit promises serious discussions and actionable insights. The forum convenes voices that matter from developers and state planners to institutional investors and futurists. Expect sessions on urban resilience, digitisation, and the evolving face of investment-grade real estate in India. Designscape Returning with its 2025 edition in Mumbai, Designscape is the go-to platform for India's architects, interior designers, and built-environment visionaries. The summit delves deep into design intelligence, looking at everything from spatial psychology and biophilic design to material innovation and heritage adaptation. Sessions like the Design Battle, Story Circle, and project spotlights ensure this isn't just a talking shop but a stage for creative leadership. If design matters to your brand or your blueprint, Designscape 2025 should be on your calendar. Reality Beyond Summit – Pune Edition This regional edition focuses on one of Western India's most dynamic markets—Pune. With its tech corridors, industrial depth, and growing residential footprint, Pune offers unique opportunities and challenges. The Real Estate Beyond summit will engage with pressing local themes—like MIDC growth, housing affordability, last-mile mobility, and material supply chains. For developers, government liaisons, and construction ecosystem players operating in Maharashtra, the Pune edition is tailor-made. Reality Beyond Summit – Bhubaneswar Edition As eastern India steps into the spotlight, Bhubaneswar is being increasingly seen as a smart city model for mid-sized metros. The regional Realty Beyond summit in Bhubaneswar will unpack Odisha's investment pipeline, affordable housing roadmap, and transit-oriented development plans. It's also expected to foster new conversations around institutional townships and the role of industrial corridors in shaping residential demand. A key platform for developers and infrastructure investors eyeing opportunities beyond the traditional metros. Realty Beyond Summit – Chandigarh Edition With the Chandigarh tri-city area influencing real estate across Punjab, Haryana, and Himachal Pradesh, this edition of the Realty beyond summit Chandigarh provides critical regional context. Key themes include RERA enforcement, sustainable design for northern climates, the economics of rental housing, and the digitisation of approvals. If you're involved in Tier 2 or Tier 3 markets across North India, this platform is built for perspective, policy interaction, and partnership development. Realty Beyond Summit – Hyderabad Edition Set to take place on June 20, 2025, the Realty Beyond Summit Hyderabad edition of Realty Beyond is expected to capture the pulse of one of India's fastest-growing metro economies. With a strong IT Infrastructure and investment, Hyderabad continues to outperform as a business and residential destination. This edition will examine zoning changes, growth corridors, capital absorption, and the future of commercial development in the city. A crucial platform for those plugged into southern India's real estate evolution. Real Estate Conclave: This Real Estate Event & conference - ET Real Estate Conclave will deep-dive into critical issues such as sustainability, affordable housing, smart cities, and regulatory frameworks, providing a space for the brightest minds in the industry to share their vision. The Real estate event will address pressing challenges and emerging trends that will define the future of real estate in India, offering insights into new business opportunities, government policies, and global best practices. The focus will be on shaping real estate solutions that not only respond to market demands but also contribute to the holistic development of the nation. Benefits of Attending Top Real Estate Events in India From decoding regulatory updates to engaging with top-tier investors, these events offer practical value. Attendees gain access to exclusive research, regional forecasts, and cross-sector perspectives that can directly influence their planning, positioning, and partnerships. Who can attend these conferences? ETRealty's event series is designed for a diverse cross-section of stakeholders—developers, architects, city planners, state officials, REIT managers, EPC firms, urban designers, and building product brands. Whether you're scaling operations or seeking policy alignment, these platforms bring relevant voices to the table. How these Conferences can Transform your Business What begins as a panel discussion often ends in a deal. These gatherings create visibility, shape perception, and spark partnerships. For professionals navigating change, they are also a way to sharpen thought leadership and align with emerging trends before they hit the mainstream. Choosing the Right Real Estate Conference Beyond themes and location, consider the speaker profile, networking quotient, cross-sector representation, and format diversity. A good summit delivers more than insight—it delivers momentum for growth. Conclusion As India's built environment continues to evolve, real estate professionals are expected to lead not only with projects but with perspective. The best real estate events and conferences in India, curated by ETRealty, are purpose-built for that leadership. If you're looking to shape, not just respond to, the sector's next phase, these are the forums to be at.
Time of India
22-05-2025
- Business
- Time of India
Min Samant assures infra push, steady power supply in city's industrial corridors
Pune: Maharashtra industries minister Uday Samant on Thursday said the govt is working on to resolve power supply issues, infrastructural challenges and security problems in industrial and technology hubs in the city. Samant, while talking during a meeting with industries representatives on Thursday, directed the power utility to immediately formulate a solution to rectify frequent power related issues during the monsoon. In an elaborated post on social media platform X, Samant directed the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to initiate works of up to Rs1,000 crore in Chakan, Pimpri Chinchwad, Talegaon industrial areas and the IT park in Hinjewadi. The govt has issued work orders worth Rs450 crore to solve the power supply problem by the next year. The tender process for projects of up to Rs650 crore was under way, he wrote. For the Chakan industrial area, he said the work on roads from Nashik Phata to Khed junction and Talegaon-Chakan-Shikrapur would start in Feb on a build-operate-transfer (BOT) basis. The govt has also facilitated the allocation of eight acres of land for a 350-bed super speciality hospital for workers and restrooms for women workers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo He directed the Maharashtra Industrial Development Corporation (MIDC) officials to conduct a survey to gauge availability of land for MSMEs as a separate cluster. "The plan is to accommodate 1,000 to 1,200 MSMEs at a single place as a cluster in each MIDC. Industries seeking land in such a cluster will have to follow the process, but they will be allotted the required land by MIDC. A decision will be taken after discussing the matter with the chief minister, deputy chief minister and the guardian minister," Samant said. For improving traffic flow and reduce accident, he said the police department would be issued three cranes in addition to premises for a new police station. He added that the govt will install 350 to 400 CCTV cameras in the Chakan industrial area for improved security, especially for workers returning from late shifts. Samant also issued survey orders for two to three new terminals in Chakan for robust logistics movement. The MIDC approved a road widening project worth Rs 762 crore in Hinjewadi. The work is expected to start in three to four months through the Pune Metropolitan Region Development Authority (PMRDA), Samant said.
