South Mumbai’s premium real estate market continues to witness strong redevelopment activity, with five major transactions worth more than Rs 726 crore recorded across some of the city’s most sought-after neighbourhoods over the past 18 months. According to data compiled by Zapkey.com, the deals were registered between September 2024 and
Mumbai has emerged as one of the world’s most expensive rental housing markets, with average monthly rents now comparable to those in global cities such as Hong Kong, Singapore and Los Angeles. The trend reflects a combination of strong housing demand, limited land availability and rising property values that continue
The Maharashtra government has initiated plans to transform Mumbai’s landmark Air India Building at Nariman Point into a state-of-the-art administrative complex, with Public Works Minister Shivendrasinhraje Bhosale directing officials to prioritise structural safety, quality construction and public convenience throughout the redevelopment process. During a site visit on Wednesday, Bhosale reviewed
To tackle the growing mismatch between Mumbai’s rising water demand and limited supply, the Brihanmumbai Municipal Corporation (BMC) has proposed an extensive set of water infrastructure projects aimed at strengthening the city’s supply system up to 2041. The proposal, presented before the civic standing committee on Wednesday, outlines the development
Mumbai’s much-anticipated Metro Line 4, along with its extended corridor Metro 4A, has once again missed its scheduled launch timeline, with the Mumbai Metropolitan Region Development Authority (MMRDA) now targeting November 2026 for the commencement of partial operations between Gaimukh and Cadbury Junction. The corridor, which has faced multiple postponements
Mumbai’s landmark Coastal Road promenade is a step closer to becoming a continuous waterfront corridor, with the Brihanmumbai Municipal Corporation (BMC) moving ahead with a Rs 12.15-crore project to complete a critical missing section in Worli. The proposed work involves constructing a 320-metre-long and 8-metre-wide promenade-cum-access road connecting Lotus Jetty
Mumbai’s ongoing redevelopment wave is reshaping the city’s residential property market, but not necessarily in the way many expected. While actual home prices have not risen at the pace sellers claim, the prospect of future redevelopment has prompted many homeowners to significantly increase their asking prices, creating a growing disconnect
A key hurdle in the Dharavi Redevelopment Project has been cleared with the Brihanmumbai Electric Supply and Transport (BEST) committee approving the transfer of the Dharavi and Kalakilla bus depots to Navbharat Mega Developers Pvt. Ltd. (NMDPL), the Adani Group-led entity spearheading the redevelopment initiative. The proposal, which was first
The Maharashtra government has approved the ambitious Maharashtra State Road Improvement Project, a major infrastructure initiative aimed at enhancing road connectivity and supporting the state’s vision of becoming a one-trillion-dollar economy. The decision was taken during the state cabinet meeting held on Tuesday. As part of the project, the state
Mumbai’s suburban commute is set for a significant transformation with the opening of the long-awaited Mrinaltai Gore Flyover Extension on May 31. The new infrastructure link is expected to ease congestion across Oshiwara and Goregaon while strengthening connectivity between some of the city’s key transport corridors. The 750-metre-long, four-lane flyover
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