The Mumbai Metropolitan Region Development Authority has begun steps to secure loans worth Rs 10,100 crore for two major infrastructure developments in the Mumbai Metropolitan Region (MMR), ahead of the 2026–27 financial year. Officials familiar with the development said the authority is preparing to undertake its largest-ever borrowing programme, with
Mumbai’s ambitious underground road tunnel connecting Orange Gate and Marine Drive has reached a key construction milestone, with the tunnel boring machine (TBM) completing 70 metres of excavation after entering its main drive phase. The twin-tunnel project, being executed by the Mumbai Metropolitan Region Development Authority, is considered one of
Mumbai’s push to expand its coastal infrastructure has gained momentum after the civic administration removed several obstacles along the northern stretch of the planned seafront corridor. The move is expected to accelerate construction activity in the city’s western suburbs and help bring greater clarity to project timelines. Authorities recently cleared
A recent commercial leasing transaction in Lower Parel has reinforced ongoing demand for high-quality office spaces in the city’s redeveloped commercial hubs. A five-year lease for a compact unit in a Grade-A office tower has been registered, with the total rental value estimated at Rs 2.81 crore, reflecting sustained interest
Mumbai’s property market is witnessing a shift toward consolidation, with a city-based developer strengthening its position by acquiring majority stakes in three smaller firms through its infrastructure arm. The Rs 70 crore deal focuses on projects within the Mumbai Metropolitan Region (MMR) and reflects a broader move toward scale and
A new redevelopment initiative in Santacruz (West) is set to strengthen housing supply in one of Mumbai’s most sought-after micro-markets, as Arvind SmartSpaces Limited expands its footprint in the Mumbai Metropolitan Region (MMR). With an estimated revenue potential of Rs 300 crore, the project reflects a growing shift toward redeveloping
Mumbai’s iconic Siddhivinayak Temple is set to undergo a major upgrade, with the first phase of its beautification project scheduled to commence next week. The bhoomipujan ceremony will be performed by Chief Minister Devendra Fadnavis and Deputy Chief Minister Eknath Shinde. The initial phase of the project, estimated at Rs
A recent inspection at a bus depot near Bandra railway station has revealed alarming working conditions for staff employed by the Brihanmumbai Electric Supply and Transport (BEST). The visit by committee member Nitin Nandgaonkar highlighted serious structural issues, including a deteriorating roof and damaged walls that pose safety risks to
Mumbai’s public healthcare infrastructure is set for a major upgrade as Lokmanya Tilak Municipal General Hospital prepares to add a 13-storey dedicated cancer treatment facility under its Phase 2 redevelopment. The project aims to significantly expand access to affordable oncology care for patients across the country. The foundation stone for
Mumbai’s redevelopment framework is set to undergo a significant change, with new regulations making it compulsory for developers to obtain approvals from Metro authorities before undertaking construction in designated zones. The move is aimed at protecting critical underground infrastructure and enhancing public safety as the city continues to expand rapidly.
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.
