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Mumbai May Soon Try Out Odd-Even ParkingThe traffic police department of Mumbai may soon launch the ‘odd-even parking system’ on a pilot basis in Kalbadevi market area in south Mumbai, aimed at solving parking problems and road congestion. Implemented in world cities such as New York, under the odd-even parking system the vehicle has to be parked on either side of the road depending on whether it is an odd-numbered or an even-numbered day of the month.
State-Run NBCC to Build Affordable HomesWhile plans are underway to get on-board the National Building Construction Corporation to efficiently manage seized properties of defaulters, the state-run firm has also unveiled its plan to lend a helping hand to the government in meeting its housing-for-all-by-2022 target. Media reports say the NBCC plans to build over one lakh affordable housing units across major states of the country in the next five years. The total cost of carrying out the project is pegged at Rs 10,000 crore. The company might start work on such projects this year itself.
Interesting Facts About Indian Real EstateIndia's real estate sector is full of intrigue. With its world-renowned iconic structures and the ever-changing market dynamics, it keeps buyers all across the world interested. In case you are one of those who like to keep themselves abreast with the knowledge of this sector, we list some key facts for you.
Bio-Concrete: A Step Towards Revolutionising The ConConcrete is a popular and commonly used construction material. One of the major disadvantages of concrete, is its low tensile strength and its need to be reinforced with suitable substances, to prevent formation of cracks. Scientists in the west have discovered some special bacteria, which when mixed with the concrete aggregates, gives a self-healing capacity to the structure. When cracks develop on a surface and are exposed to moisture, the limestone-producing bacteria could refill the gaps. Sustainability and affordability would be the biggest advantage of bio-concrete and research are still underway, to make it available for complete commercial use.
Focus Shifts On Creating More Open Spaces Across IndTo help city dwellers adopt a healthy regime, municipal corporations in some cities are coming up with open-air gymnasiums at public parks. These have become an instant hit among the citizens.