The 14th RAHSTA Expo, part of the India Construction Festival, will take place on October 9-10, 2024, at the Jio Convention Centre in Mumbai. MMRCL is auctioning a prime 4.2-acre land parcel in Nariman Point, Mumbai for development, with a minimum bid price of Rs 51.73 billion. The auction, open...
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to developers with a net worth of Rs 15 billion and a proven track record of Rs 60 billion projects, will require the winning bidder to provide 113,000 sq ft of commercial space to MMRCL. The plot offers a development potential of 1.46 million sq ft. Pre-bid meetings are scheduled for October 28, with the bid submission deadline on November 27. Tata Hitachi showcased its ZAXIS 38U mini excavator and SHINRAI Prime backhoe loader at the RAHSTA Expo. Hindustan Zinc has partnered with IIT Madras to develop a 1 kWh zinc-air battery prototype, focusing on sustainable energy solutions. Suzlon Group emphasized the need for consistent policies to establish India as a global leader in renewable energy production, highlighting the importance of domestic manufacturing and innovation. An opinion poll on technological advancements transforming the real estate industry showed interest in virtual reality, smart homes, blockchain, big data, augmented reality, and drone technology.