Maharashtra’s Urban Development Department has approved the implementation of a cluster redevelopment scheme in Navi Mumbai, overruling opposition from senior BJP leader Ganesh Naik. The decision, backed by Deputy Chief Minister Eknath Shinde, is expected to benefit residents living in old, dilapidated and dangerous buildings across the city. The cluster
Mumbai Metro Line 3, popularly known as the Aqua Line, has recorded more than 7.2 crore passenger journeys in its first year of full-route operations, highlighting growing commuter use of the city’s underground transport corridor. The Mumbai Metro Rail Corporation Ltd. (MMRC) reported a total of 7,20,88,738 journeys between Aarey
Mumbai’s housing growth is increasingly moving beyond the city’s traditional boundaries, with Third Mumbai and the Palghar region emerging as potential new centres for residential development. As redevelopment gathers pace within Mumbai, limited availability of vacant land is encouraging developers to explore areas beyond Navi Mumbai. The upcoming Third Mumbai,
More than a decade after booking their homes, thousands of buyers in stalled HDIL projects across Mumbai and Maharashtra continue to face uncertainty, with construction halted and insolvency proceedings delaying the revival of several developments. Dr Haresh Manglani booked a three-bedroom apartment at Whispering Towers in Mulund West in 2010,
The Brihanmumbai Municipal Corporation (BMC) is preparing to undertake Rs 41.83 crore worth of slope stabilisation work at Malabar Hill, near Kamla Nehru Park, following safety concerns around the city’s first elevated forest walkway. The proposed project is aimed at strengthening the hillside and reducing the risk of rockfalls, soil
The National Payments Corporation of India (NPCI) is developing an artificial intelligence platform using Anthropic’s Claude, a move that could accelerate the adoption of AI solutions across India’s financial and broader enterprise ecosystem, according to Anthropic India Managing Director Irina Ghose. Speaking at the Global Fintech Fest 2026 in Mumbai,
The Mumbai Metropolitan Region Development Authority (MMRDA) has declared a religious structure near Terminal 2 of Chhatrapati Shivaji Maharaj International Airport unauthorised, after an inspection found that it had been constructed without the required planning permissions or statutory approvals. The action follows complaints regarding alleged unauthorised construction near airport land.
India’s residential real estate sector needs deeper institutional participation and a more supportive policy framework as urbanisation, infrastructure expansion and redevelopment reshape major cities, Raymond Realty Chairman Gautam Singhania said at the Real Estate & Infrastructure Investors’ Summit (REIIS) 2026. Singhania called for the introduction of residential Real Estate Investment
The Maharashtra government has sanctioned an allocation of 500 million litres per day (MLD) of water for Panvel Municipal Corporation (PMC) from the proposed Shilar water project in Karjat taluka, aimed at meeting the city’s long-term requirements up to 2057. The proposed project is expected to provide Panvel with a
The Maharashtra government is preparing a dedicated Data Centre Policy to regulate the rapidly expanding digital infrastructure sector while addressing concerns over its impact on residential neighbourhoods, natural resources and the urban environment. The proposed framework is expected to introduce comprehensive Standard Operating Procedures (SOPs) covering the location, resource consumption
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