A historic marble plaque from Bellasis Road in Mumbai Central, dating back to the late 19th century, has been preserved after concerns that it could be lost during infrastructure redevelopment. The plaque is now set to be displayed at the Western Railway Heritage Gallery at Churchgate. The plaque documents the
The Maharashtra government has proposed a new framework for regulating the transfer of homes allotted under the Dharavi urban renewal scheme, potentially replacing the existing 10-year restriction on sale, lease and transfer. The proposal is one of four changes to Regulation 33(9)(A) of the Development Control and Promotion Regulations, 2034,
The Navi Mumbai Municipal Corporation (NMMC) is preparing to restore a 10% water cut after Diwali, as concerns grow over the level of usable water available in Morbe Dam, the primary source supplying Navi Mumbai and parts of Kharghar. Municipal Commissioner Dr Kailas Shinde said the suspension of the existing
A Mumbai homeowner’s dilemma over upgrading from a compact 1RK to a 1BHK or 2BHK has sparked a discussion on Reddit, with users examining the financial implications of selling the existing property versus retaining it as a rental asset. The homeowner currently owns a 270 sq ft 1RK in Mumbai’s
Brookfield India Real Estate Trust’s subsidiary Kairos Properties has agreed to acquire additional office space in the Delphi building at Hiranandani Gardens, Powai, for Rs 75.2 crore. The transaction, announced through a regulatory filing, involves office units spread across the fifth and sixth floors of Wing C of the Delphi
The Maharashtra government has changed the method used to calculate the additional 12% annual payment made to landowners during land acquisition, reducing the base on which the payment is computed. Under the revised approach, the 12% component will be calculated on the market value determined under Section 26(1) of the
Mumbai’s commercial real estate market is expected to see sustained growth over the next four years, with rising demand for office space being driven by Global Capability Centres (GCCs), banking and financial services, technology and flexible-office operators, according to a CBRE report. The findings were presented in CBRE’s India Mid-Year
Vodafone Idea (Vi) has entered into a new 25-year agreement with ACES India Private Limited to provide 4G and 5G mobile connectivity across Mumbai Metro Aqua Line-3, strengthening the digital network available to passengers across the underground corridor. ACES India, a neutral digital infrastructure company and wholly owned subsidiary of
IRB Infrastructure Developers Ltd has approved a phased plan to unlock value from select non-core land assets held through its wholly owned subsidiaries in Pune and Mumbai. At a board meeting on September 22, 2026, the company approved the proposed monetisation of approximately 350 acres of land in Pune and
The Brihanmumbai Municipal Corporation (BMC) is exploring additional avenues to fund Mumbai’s expanding infrastructure programme as its committed financial liabilities rise to around Rs 2.45 lakh crore. The civic body has invited proposals to appoint financial consultants who will help develop a long-term financing strategy, assess borrowing requirements and identify
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