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TMC’s FSI 12 Proposal For Thane Cluster Development Draws Opposition

The Thane Municipal Corporation’s (TMC) proposed Floor Space Index (FSI) of 12 for its cluster development programme has triggered strong opposition, with political leaders and former corporators warning that such a high development potential could significantly increase population density and place additional pressure on the city’s infrastructure. Opposition leaders have

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Mumbai Office Vacancy Falls To 16-Year Low Of 10.8% In Q2 2026

Mumbai’s office market witnessed a sharp slowdown in leasing activity during the second quarter of 2026, even as overall demand during the first half of the year remained stronger than in the corresponding period of 2025, according to JLL. Gross office leasing declined 59.7% quarter-on-quarter to 1.69 million sq ft

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