Maharashtra will pay off its Rs 1.7k crore debt instead of purchasing Mumbai Metro 1
The state cabinet has instructed MMRDA’s executive committee to investigate paying out Mumbai Metro One Pvt Ltd (MMOPL)’s lenders in…
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Unfinished SRA projects may be finished by Mhada, MMRDA, and CIDCO: Devendra Fadnavis
On Thursday, the state government declared that the Maharashtra Housing and Area Development Authority (MHADA), the Mumbai Metropolitan Region Development…
Impact of the Mumbai Trans-Harbour Link on the City’s Real Estate Market
The enormous infrastructure project known as the Mumbai Trans-Harbour Link (MTHL) is expected to have a profound impact on Mumbai’s…
MMRC Announces Updated Cost for Mumbai Metro Line 3
The Mumbai Metro Rail Corporation (MMRC) has announced a revised cost for the underground Metro Line 3, which connects Colaba…
Progress on Mumbai Central Public Park Accelerates
The development of Mumbai Central Public Park in India’s financial capital is picking up pace. Spanning 300 acres, the project…
MMRDA to Raise Rs 8.5 Billion for Urban Infrastructure Development
The Mumbai Metropolitan Region Development Authority (MMRDA) and German development bank KfW have agreed to fund over Rs 8.5 billion…
Maharashtra Government Penalises Lodha Group with Rs 473 Crore for Stamp Duty Evasion
The Maharashtra government’s Stamps and Registrations department has imposed a Rs 473 crore penalty on the Lodha Group, a major…
A ₹500 crore monorail tender that solely attracted Chinese bids is canceled by MMRDA
Due to the fact that both of the proposals it received were from Chinese manufacturers, Mumbai’s Transport and Infrastructure Development…
34,400 dwellings in the “divyang” scheme’s first phase
Dy Chief Minister Ajit Pawar announced the “Dharmaveer Anand Dighe Gharkul Yojana” to build 34,400 residences in the first phase…
After three months, the government reverses course and buys out R-Infra’s Metro-1 stake
MUMBAI: Three months after sanctioning it, the state government has changed its mind about acquiring the Versova-Andheri-Ghatkopar Metro-1. During a…