MIDC Opens Navi Mumbai Land for Housing, Stirring Pre-Election Controversy
The Maharashtra Industrial Development Corporation (MIDC) has decided to offer up property in the Thane-Belapur area for residential complexes, raising…
Year: 2024
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Geeta Jain Eyes Cluster Development for Mira Bhayandar Housing ahead of Maharashtra Elections 2024
Redevelopment is a huge challenge in cities like Mira Bhayandar because of low margins and FSI. Dilapidated buildings that collapsed…
Is Dubai’s growing Real Estate sector following in Mumbai’s footsteps?
With sales of AED 141.9 billion in Q3 2024 and a 43.9 percent YoY rise in the sales value of…
CREDAI-MCHI President Domnic Romell: “Mumbai’s Real Estate Market Is Booming”
The Mumbai real estate market is seeing an unparalleled rise, with high demand, increased volumes, and growing interest in both…
Metro Line 3 faces glitch, passengers stranded for hours on Aarey-BKC
In an unexpected turn of events, Mumbai Metro Line 3 faced its first severe mechanical difficulty on Saturday evening. A…
CIDCO Unveils ‘Third Mumbai’ with Modern Infrastructure and Enhanced Connectivity
CIDCO’s large NAINA (Navi Mumbai Airport Influence Notified Area) urban planning effort aims to remodel the Mumbai Metropolitan Region by…
MHADA’s Failure to Recover Losses in Redevelopment Scams Faces Legal Action
Despite the State Anti-Corruption Bureau (ACB) finding prima facie evidence that MHADA officials and developers conspired to create a loss…
Mumbai’s Slum Coverage Shrinks 8.6% Over 17 Years, New Study Finds
A new analysis found that between 2005 and 2022, the amount of land covered by slums in the Mumbai region…
Dosti Realty Eyes IPO, Warehousing, and MMR Redevelopment
Early this year, Mumbai-based Dosti Realty (DRL) announced plans to launch an Initial Public Offering (IPO) in the next 12…
Hiranandani Group’s REIT Plans Emerge Amid Data Center, Residential Growth
Hiranandani Group is considering launching an office real estate investment trust (REIT). The proposed REIT, which can be defined as…