Across Maharashtra, many ageing residential buildings are being considered for redevelopment as housing societies seek to address structural deterioration and upgrade amenities. However, redevelopment is governed by a structured legal framework designed to ensure transparency and safeguard the interests of residents. As per government guidelines issued on January 3, 2009,
Redevelopment of ageing residential buildings in Mumbai often promises larger apartments, modern infrastructure and improved living standards. However, homeowners moving into redeveloped properties may also face significantly higher monthly expenses, including maintenance charges and property taxes. Older buildings typically lack facilities such as lifts, gyms, power backup systems and advanced
Competitive office rentals are positioning Navi Mumbai as an attractive destination for multinational companies and Global Capability Centres (GCCs), according to a report released by real estate analytics firm CRE Matrix. The report, titled ‘Navi Mumbai Rising: A Comprehensive Perspective on India’s Next Commercial Real Estate Hub’, highlights that office
The Brihanmumbai Municipal Corporation (BMC) has intensified its drive against unauthorised hawkers in areas surrounding Dadar railway station, aiming to restore pedestrian access on busy footpaths and roads in the neighbourhood. Over the past two months, the civic body’s licence department has removed thousands of illegal street vendors operating on
As the Brihanmumbai Municipal Corporation (BMC) increasingly relies on development-linked income, Mumbai’s skyline is expected to grow taller in the coming years. In its latest municipal budget of Rs 80,952 crore, presented by commissioner Bhushan Gagrani, the civic body projected revenue of Rs 12,050 crore from development charges in FY27—an
The City and Industrial Development Corporation of Maharashtra (CIDCO) has initiated plans to develop a large International Corporate Park in Navi Mumbai’s Kharghar, inviting bids from private developers for the project’s long-term development and management. The initiative is aimed at creating a new business district in the satellite city, comparable
The Brihanmumbai Municipal Corporation (BMC) has stepped up work on a housing project in Kanjurmarg West to rehabilitate residents whose homes are affected by the Goregaon–Mulund Link Road (GMLR). According to civic officials, the rehabilitation project involves the construction of 906 residential units across seven buildings on a plot measuring
With the monsoon season approaching, the Brihanmumbai Municipal Corporation (BMC) has intensified preparations to tackle flooding across Mumbai. However, recent civic data shows that the number of identified waterlogging hotspots in the city has increased, even as several infrastructure projects meant to address the issue remain delayed. According to official
Construction on the proposed 120-ft road in Kandivali is scheduled to commence in mid-March, according to municipal authorities. The initiative marks the start of a major infrastructure effort in Mumbai’s north-western suburbs and is aimed at easing congestion along an important arterial corridor. The project covers a long stretch designed
Mumbai is set to launch India’s first pod taxi network, aimed at enhancing last-mile connectivity in the city’s bustling Bandra Kurla Complex (BKC). The 8.8-kilometre elevated corridor will connect key commercial hubs and railway stations, but experts caution that while innovative, the project alone cannot solve the city’s persistent transport
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.