The Maharashtra Fisheries Development Corporation has signed a memorandum of understanding (MoU) with three Finland-based companies to modernise Sassoon Dock and develop it into a technology-driven and environmentally sustainable fishing harbour. The agreement was signed with Finnish firms Helvar, Mirasis and River Recycle at an event held in Mumbai. The
The Brihanmumbai Municipal Corporation (BMC) on Friday informed its standing committee that the long-delayed railway overbridge near Sion station is expected to be completed and opened to traffic by August 15. The update came during a meeting where the civic body reviewed multiple infrastructure proposals across the city. During the
Devendra Fadnavis, Chief Minister of Maharashtra, announced a series of major infrastructure initiatives in the state’s Budget 2026–27, including a new metro line to the Gateway of India and a network of underground tunnels in Mumbai and Pune aimed at improving urban mobility. During his budget address in the state
Mumbai’s residential real estate market continued to display resilience in February 2026, recording a year-on-year increase in property registrations along with a notable jump in stamp duty collections. The trend points to renewed buyer confidence and growing interest in higher-value homes across the city. The improvement comes shortly after a
As construction and redevelopment activity accelerates across Mumbai, the Brihanmumbai Municipal Corporation (BMC) has stepped up action against projects failing to follow mandatory dust-control regulations. In the city’s largest administrative zone, P North Ward covering Malad, civic officials have issued 149 stop-work notices to construction sites found violating pollution control
Maharashtra’s High Power Committee has approved the redevelopment of nearly 200 acres across three large housing clusters in Mumbai, paving the way for significant urban renewal projects in the city. The Maharashtra Housing and Area Development Authority (MHADA), which will implement the projects, is expected to soon begin the process
The Maharashtra Housing and Area Development Authority (MHADA) has taken a major step forward in the redevelopment of the Guru Tegh Bahadur (GTB) Nagar housing cluster in Sion Koliwada, Mumbai, by signing key agreements required to begin project execution. All cooperative housing societies involved in the redevelopment have signed a
The Maharashtra government’s plan to expand the Pune–Mumbai Expressway into a 10-lane superhighway has reached the final stage of technical review and is awaiting approval from the state cabinet. According to officials from the Maharashtra State Road Development Corporation (MSRDC), the proposal is currently undergoing an independent technical evaluation by
Maharashtra’s economy is expected to maintain a strong growth momentum in 2025–26, with the state projected to expand at 7.9%, higher than the national growth estimate of 7.4%. According to the Economic Survey of Maharashtra 2025–2026, the state continues to hold its position as India’s largest economy, while also highlighting
Despite rising geopolitical tensions and volatility in global financial markets, Mumbai’s real estate sector continues to attract steady investor interest. Strong domestic demand, limited land availability and ongoing infrastructure expansion are helping the city’s property market maintain stability even as global economic conditions remain uncertain. Conflicts in parts of the
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