A key east-west arterial link in Mumbai is finally nearing completion, with the long-pending Magathane–Goregaon DP Road project expected to open by the end of May. The Brihanmumbai Municipal Corporation (BMC) has successfully cleared all encroachments along the proposed alignment, enabling work to progress at a faster pace after years
The Mumbai–Ahmedabad high-speed rail corridor has reached a significant construction milestone with the successful installation of one of its heaviest structural components in Gujarat. Railway Minister Ashwini Vaishnaw on Wednesday (April 8) announced that a massive girder weighing approximately 1,360 metric tonnes was launched at Maninagar, showcasing steady progress in
Real estate developers emerged as the largest contributors to the Brihanmumbai Municipal Corporation’s (BMC) revenues in the financial year 2025–26, depositing Rs 11,626 crore through premiums and development charges. This figure significantly exceeded the civic body’s highest-ever property tax collection of Rs 7,610 crore recorded in the previous year, underscoring
The Brihanmumbai Municipal Corporation (BMC) has issued a fresh tender to auction a prime 5,166 sq m land parcel in Worli at a base price of Rs 455 crore, weeks after an inquiry was initiated into a separate Rs 600-crore redevelopment proposal linked to the same site. The plot, earmarked
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
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.
