In the Metro Line 3 (Aqua Line) project, the Mumbai Metro Rail Corporation Ltd. (MMRCL) has sent notices to two contractors, threatening to withhold their payments if they do not pay the Brihanmumbai Municipal Corporation (BMC) 152.05 crore in unpaid property taxes. This action follows a letter from the BMC
Mumbai’s real estate market is changing dramatically as a result of massive redevelopment and infrastructure developments. Although there has been a lot of work going on in the city in recent years, many of these projects are now almost finished, changing the urban landscape and opening up new growth pathways.
Real estate analysts say the Adani Group is quickly emerging as a “power hub” in Mumbai’s sizable real estate market, especially in the redevelopment sector. It secured its third significant redevelopment project in the city through the massive Motilal Nagar redevelopment project in Goregaon (West), which was overseen by the
Gautam Adani, the chairman of the Adani Group, visited the Navi Mumbai International Airport (NMIA) today to examine the current development and monitor its progress. The Adani Airport staff greeted him and gave him a thorough update on the project’s progress when he arrived. The quick developments allegedly impressed Adani.
The Maharashtra government is creating a strategy to encourage developers to utilise precast materials in an effort to combat the threat of Mumbai’s increasing pollution. A task team has also been established by the state’s environment department to offer solutions for the growing pollution problem. According to Maharashtra Environment Minister
The application process for developers to be appointed to work on development and redevelopment projects within its purview has been made public by the Slum Rehabilitation Authority (SRA) in Mumbai. Throughout Mumbai, this project seeks to guarantee the methodical implementation of redevelopment plans and expedite rehabilitation. Acquiring the empanelment application
Deputy Chief Minister Ajit Pawar stated that the new industrial policy of Maharashtra will attract 20 lakh crore in investments and create 50 lakh jobs as he presented the Mahayuti government’s budget for the 2025–2026 fiscal year on Monday, March 10, 2025. The state’s pre-budget Economic Survey, presented to the
“One in every three homes now being sold from a redevelopment project” is one of the significant changes taking place in Mumbai’s real estate market, according to financial expert Akshat Shrivastava. However, in addition to bringing in new, taller buildings, these initiatives raise property values and present serious infrastructure difficulties.
The Supreme Court of India decided on Friday that the Adani Group’s Dharavi redevelopment project will proceed without a stay, marking a significant legal breakthrough. The ruling follows a lawsuit filed by Dubai-based Seclink Technologies Corp, which contested the Maharashtra government’s choice to award the project to Adani Properties, which
The Navi Mumbai International Airport (NMIA), one of India’s most important infrastructure projects, is led by Geetha Ajit Pillai, 56, a resident of CBD Belapur. Pillai has been instrumental in developing Navi Mumbai’s urban landscape in his capacity as the City and Industrial Development Corporation’s (CIDCO) chief general manager (transport
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