UltraTech Cement Limited, the world’s third-largest cement manufacturer (excluding China) and largest in India, has reported consolidated profit after tax (PAT) of Rs 1,313.53 crore for the quarter ended September 2021, decreasing by about 23 percent from Rs 1,702.63 crore reported in the previous... Read more...
The state labour commission extended monetary benefits to the tune of around Rs.41 crore to more than 66,000 construction site labourers and another Rs13 lakh to around 1,118 domestic helps to tide over the pandemic blues, especially stoppage of work leading to discontinuation of income. State La... Read more...
The registration of properties across Maharashtra in the second quarter of the ongoing financial year has outpaced the number of registrations in the corresponding quarter in the pre-pandemic 2019-20 fiscal. As per data available with the state registration department, Rs7,507 crore was collected... Read more...
Vitero Tiles, one of the leading tiles brand from the house of Aparna Enterprises announced path-breaking 120% growth in the state of Maharashtra. Majority of this growth has been fueled by Mumbai and Pune markets. Additionally Vitero is also confident that with encouraging consumer sentiment, ext... Read more...
Ambuja Cement Foundation (ACF), the Corporate Social Responsibility (CSR) arm of Ambuja Cements Limited in collaboration with ATE Chandra Foundation has undertaken efforts to rejuvenate traditional water bodies in Maharashtra’s drought-prone Chandrapur district and Rajasthan’s Pali district. ... Read more...
Jitendra Awhad, the Housing Minister of Maharashtra expressed his dejection over former Indian cricketer Sunil Gavaskar not utilising a plot allotted to him in Mumbai. The minister stated that the plot was allotted to set up a cricket academy and he had even thought of taking back the piece of land ... Read more...
Charges collected by real estate developers, other than for construction services, such as those for utilities and maintenance will attract 18 percent GST, ruled Maharashtra’s Authority for Advance Ruling. Charges for services such as installation of electricity meter, water connection, club ho... Read more...
The Maharashtra government is set to usher in key reforms to boost the real estate sector, leading with online registration of properties from October 1, mobilising funds worth Rs 25,000 crore to undertake redevelopment of old dilapidated housing structures and restructuring houses in flood-affected... Read more...
NAREDCO Maharashtra, the Maharashtra chapter of NAREDCO inaugurated their new unit in the State, NAREDCO Neral-Karjat. This has led to the creation of an affordable housing stock of over 40000 homes from their 100+ members associated with this unit. This is expected to unlock the affordable housing ... Read more...
Recycling genie and social entrepreneur Binish Desai has been manufacturing builder bricks from the pandemic’s non-biodegradable detritus. The light grey bricks consist of 52% plastic waste (including masks, gloves and coverall suits), 40% paper mill waste, and 8% of the binder gum sap called chit... Read more...