Dharavi redevelopment to kickstart with survey on March 18
The Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the state government and the Adani Group, on Monday announced that a survey would be launched on March 18 to collect data from the lakhs of slum dwellers living in Dharavi. The data will be used by the government to determine the rehabilitation eligibility […]
CIDCO Plans Two New Routes To Boost Connectivity To International Airport
Following the launch of the Navi Mumbai Metro (NMM) project Line 1, City and Industrial Development Corporation (CIDCO) is gearing up to expand its metro network with two new routes in the Navi Mumbai Airport Influence Notified Area (NAINA). These routes are designed with the aim of boosting connectivity to the under-construction Navi Mumbai International […]
Slow Development Pace Hampers NAINA Project, Raises Concerns Over Smart City Initiative
Over the span of 11 years, the Navi Mumbai Airport Influence Notified Area (NAINA), initially designed to be 1.2 times larger than Navi Mumbai itself, has seen only 79 projects obtaining occupational certificates (OC). This sluggish pace of development has resulted in diminishing interest from both developers and villagers, leading to a dampened enthusiasm for […]
BMC Passes Budget Of ₹500 Crore For Development Of Siddhivinayak Temple Area
Chief Minister Eknath Shinde on Monday said that the BMC has made a provision of Rs 500 crore in its budget for the development of the area around Siddhivinayak Temple, in Prabhadevi. A detailed project report (DPR) is being prepared for it, the CM said, adding that he has asked to appoint the same architect […]
Mumbai is now among the world’s top 10 luxury real estate markets: Knight Frank Wealth Report 2024
Mumbai is now among the top 10 luxury residential markets in the world. The city is ranked at number 8 globally in terms of price growth in luxury housing. Delhi takes the 37th spot and Bengaluru 59th position, according to Knight Frank’s The Wealth Report 2024. According to Knight Frank’s The Wealth Report 2024, the […]
Atal Setu, India’s longest sea bridge, inaugurated
The Mumbai Trans Harbour Link (MTHL), also known as the Atal Bihari Vajpayee Sewri Nhava Sheva Atal Setu, will be open for public commute from Saturday. MTHL, India’s longest sea bridge covering 21.8 km out of which 16.5 km is over the sea, is expected to see the movement of more than 70,000 vehicles every […]
Cutting down time, coastal road to change the way Mumbai commutes
Nearly 12 years after the project was conceived, the Mumbai Coastal Road Project (MCRP) — officially Dharmveer Swarajya Rakshak Chhatrapati Sambhaji Maharaj Coastal Road — will be partially inaugurated on Monday. Chief Minister Eknath Shinde along with Deputy Chief Ministers Devendra Fadnavis and Ajit Pawar will inaugurate the road on Monday, after which the south-bound […]
Adani pulls out all stops to make Dharavi slum rehabilitation smooth
Dharavi Redevelopment Project Pvt Ltd (DRPPL), the joint venture between the government of Maharashtra and the Adani group, is pulling out all stops to incentivise residents and commercial establishments in the slum cluster to ease the resettlement and rehabilitation process and make it more palatable to them. The $3 billion project is scheduled to be […]
State approves cluster redevelopment in Abhyudaya Nagar
The state government has approved cluster redevelopment in Abhyudaya Nagar, a colony of 48 three- and four-storey buildings spread across 33 acres in Parel, which houses 3,410 residents. In an order issued on Wednesday, the state housing department said the Maharashtra Housing and Area Development Authority (MHADA), which had constructed the colony more than 60 […]
Extension granted to housing projects won’t affect buyers’ rights, MahaRERA clarifies after complaints
Following complaints by homebuyers over the concern that allowing additional time for builders to complete a housing project might affect their rights, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified that it permits deadline extensions only to protect the homebuyer’s interest and with certain conditions imposed on the developer. In a statement issued on […]