The Confederation of Real Estate Developers’ Associations of India–Maharashtra Chamber of Housing Industry (CREDAI-MCHI) will host the 10th edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai. The conference, which marks a decade of the association’s Procurement Wing, will bring
The Enforcement Directorate (ED) is set to establish a dedicated office complex in Mumbai’s Bandra-Kurla Complex (BKC), with approvals for the project nearing completion. The proposed 14-storey building, which will include four basement levels, will serve as the agency’s western region headquarters. ED Director Rahul Navin laid the foundation stone
Citizens’ group NAGAR has opposed the Maharashtra government’s proposal to allow underground parking facilities beneath Mumbai’s public open spaces, stating that such construction could impact natural systems that help manage flooding, recharge groundwater and reduce urban temperatures. In a letter addressed to Chief Minister Devendra Fadnavis on July 15, NAGAR
Redevelopment prospects for several ageing buildings and slum settlements in Juhu have received a boost after the Union Ministry of Defence relaxed long-standing restrictions around the Signal Transmitting Station (Wireless Centre) in the area. The decision is expected to benefit thousands of residents living in nearly 200 old buildings and
Raheja Universal has adopted a cautious approach towards India’s booming housing market, with Managing Director and CEO Ashish Raheja warning that rising competition, aggressive redevelopment bids and the return of builder-funded subvention schemes could indicate early signs of excess in the real estate cycle. The developer has decided to stay
Ridge Apartment, a 53-year-old residential building in Mumbai’s Malabar Hill, is set to be redeveloped into a high-rise residential project after its housing society entered into a development agreement with Oberoi Realty. The redevelopment agreement for the nine-storey building, also known as New Ridge Apartment, was signed on July 29
The proposed Nariman Point–Colaba Coastal Bridge has crossed a major regulatory milestone after the Maharashtra Coastal Zone Management Authority (MCZMA) recommended the project from the Coastal Regulation Zone (CRZ) perspective. The recommendation will now be forwarded to the Ministry of Environment, Forest and Climate Change (MoEF&CC), New Delhi, for further
The Mumbai Metropolitan Region Development Authority (MMRDA) has approached the Maharashtra Coastal Zone Management Authority (MCZMA) seeking Coastal Regulation Zone (CRZ) clearance for the proposed Thane Coastal Road 2 (TCR-2), a 7.13-km corridor planned between Anand Nagar in Mulund East and Balkum in Thane. The project, estimated at Rs 5,140.92
The BEST Committee has granted in-principle approval to a Rs 28,000-crore redevelopment proposal, titled ‘Kayapalat’ (transformation), aimed at reviving the financially stressed transport undertaking. The plan focuses on redeveloping 22 bus depots through a public-private partnership (PPP) model and using the revenue generated to expand BEST’s self-owned bus fleet, thereby
The Navi Mumbai Municipal Corporation (NMMC) has identified 33 buildings across the city as “extremely dangerous” under the C-1 category for the year 2026-27 and has instructed residents and occupants to vacate the structures immediately. Through a public notice issued by the civic body’s Encroachment Department, the NMMC warned that
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