The Brihanmumbai Municipal Corporation (BMC) has initiated the third round of slum redevelopment by inviting expressions of interest from developers for 26 slum pockets across Mumbai. The identified sites include locations that failed to receive an adequate response in two earlier bidding rounds in 2025, along with newly added settlements,
Mumbai’s residential property market began 2026 on a steady footing, with transaction volumes softening while Mumbai housing prices remained stable. According to official registration data for January, property registrations declined 8% year-on-year to 11,219 units. However, stamp duty collections rose 2% to Rs 1,012 crore, indicating continued strength in transaction
India’s first high-speed rail corridor between Mumbai and Ahmedabad is progressing steadily, evolving beyond a transport link into a platform for engineering development, technology adoption and long-term infrastructure planning. Railway officials have confirmed that construction on the 508-km corridor is advancing across Gujarat and Maharashtra following the resolution of land
Construction has begun on a new residential redevelopment project in the Mumbai Metropolitan Region, indicating continued activity in the city’s mid-scale housing segment despite cost pressures and mixed buyer sentiment. The project is expected to add over 200 residential units to Mumbai’s housing supply in the coming years. The development
The Maharashtra cabinet on Tuesday approved a new public-private partnership (PPP) policy aimed at streamlining infrastructure development across the state. Under the framework, all PPP projects valued above Rs 25 crore will require clearance from the cabinet sub-committee for infrastructure, chaired by Chief Minister Devendra Fadnavis. Projects costing below Rs
Western Railway used the observance of its 70th Railway Week in Mumbai to draw attention to a crucial but often understated pillar of urban transport systems: the people who keep them running. At a ceremony held at a central city auditorium, the zonal railway recognised employees for sustained service excellence,
As the Brihanmumbai Municipal Corporation (BMC) prepares to present its 2026–27 budget later this month, information obtained through a Right to Information (RTI) application has shed light on the scale and direction of its infrastructure spending in the current financial year. The RTI response, sought by The Times of India,
The City and Industrial Development Corporation (CIDCO) of Maharashtra has outlined a long-term approach to guide and stabilise urban growth across the state through infrastructure-led and sustainable planning. Established to ease congestion and socio-economic pressure in older urban centres, CIDCO’s mandate focuses on developing self-reliant cities supported by integrated physical
Mumbai’s persistent traffic congestion, particularly in its busiest commercial districts, could soon be addressed through a congestion pricing mechanism. BJP councillor Makarand Narvekar has proposed levying an entry fee on private vehicles entering key Central Business Districts (CBDs), to ease traffic flow and reduce pollution. He has urged the Brihanmumbai
India’s ageing residential stock is setting the stage for a sustained redevelopment cycle across major metropolitan markets, creating a predictable and scalable growth opportunity for real estate developers over the next two decades. A significant share of housing in large cities is now over 30 to 40 years old, built
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