In a major action against alleged real estate fraud, the Enforcement Directorate (ED) has provisionally attached assets worth Rs 944 crore linked to Piyush Colonisers Limited, its former promoters, and associated entities. The move comes amid allegations of diversion of homebuyers’ funds and failure to deliver promised housing units. The
Mumbai’s large-scale road concretisation project is now scheduled for completion by May 2027, with civic authorities aiming to deliver a more durable and pothole-free road network across the city. The timeline has been revised multiple times, moving from earlier targets of 2025 and 2026 due to ongoing delays. During a
Train services on the Mumbai–Nagpur route are set to become quicker after Indian Railways removed a long-standing speed restriction on a key stretch in Maharashtra. The move follows infrastructure upgrades aimed at improving both safety and operational efficiency across the corridor. The restriction was lifted after the completion of Through
In a major operational change, Mumbai Metro’s Red Line 7 and Yellow Line 2A will begin functioning as independent corridors from Wednesday, with Dahisar Metro station serving as the interchange point. The revised system takes effect on April 8, aiming to streamline services and improve commuter convenience. Under the new
Mumbai’s metro network reached a major milestone on April 7 with the inauguration of Phase 1 of Metro Line 9 and Metro Line 2B, a move expected to significantly influence the city’s real estate landscape. With improved connectivity and reduced commute times, experts believe suburban housing markets are poised for
Originally envisioned in the 1970s to ease pressure on Mumbai’s island city, Navi Mumbai is now witnessing that long-standing vision come to life. The North Corridor—spanning Vashi, Airoli, Ghansoli, Nerul, and Belapur—is rapidly transforming into a sought-after destination for both businesses and homebuyers, driven by improved connectivity and planned urban
Work on the ambitious Thane–Borivali Twin Tunnel project is set to begin, with the deployment of ‘Nayak’, India’s largest single-shield hard rock Tunnel Boring Machine (TBM). The project, being executed by the Mumbai Metropolitan Region Development Authority (MMRDA), is expected to significantly improve connectivity between Thane and Borivali, cutting travel
Construction on a key segment of the Mumbai-Ahmedabad high-speed rail corridor has reached a significant milestone, with 5 kilometers of the 21-kilometer underground tunnel completed between Bandra-Kurla Complex (BKC) and Shilphata. The National High-Speed Rail Corporation Limited (NHSRCL) confirmed that this section, spanning Ghansoli to Shilphata, has been excavated using
A long-awaited rail project aimed at directly connecting Mumbai’s western suburbs with the Konkan region has gained fresh momentum, with authorities initiating key land measurement and verification processes. The development marks an important step toward unlocking the next phase of construction for this strategic corridor. The proposed rail link, connecting
The long-delayed redevelopment of ageing LIC-owned buildings in South Mumbai has received a fresh push after Mangal Prabhat Lodha met Union Finance Minister Nirmala Sitharaman in New Delhi, raising concerns about tenant safety and project delays. The move has brought renewed hope to nearly 10,000 residents living in dilapidated structures.
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