In the upcoming weeks, approvals are anticipated for DLF Limited, the listed real estate behemoth with headquarters in Delhi-NCR, to make its debut in the luxury housing market in Mumbai. It is anticipated that the project’s initial phase will begin by the end of Q4 FY 2024–2025. In partnership with
On February 1, 2025, Finance Minister Nirmala Sitharaman presented the Union Budget 2025 to Parliament, revealing key steps to boost affordable housing. A standout point was the plan to finish 40,000 homes in 2025-26 under the Special Window for Affordable and Mid-Income Housing (SWAMIH) program. This initiative will offer much-needed
On Thursday, Maharashtra Deputy Chief Minister Eknath Shinde visited six redevelopment projects in Mumbai’s Prabhadevi neighbourhood. Shinde chaired a review program at Shivaji Park’s Swatantryaveer Savarkar Auditorium on the upcoming renovation of the Dadar, Mahim, and Prabhadevi divisions following the projects’ inspection. In addition to many people of Prabhadevi, Mahim,
In order to expedite infrastructure development in the Mumbai Metropolitan Region (MMR), the MMRDA and Brookfield, a multinational investment group, signed a USD 12 billion (Rs 1,03,800 crore) Memorandum of Understanding (MoU). In front of Brookfield CEO Anuj Ranjan, MMRDA Metropolitan Commissioner Dr. Sanjay Mukherjee, IAS, signed the Memorandum of
In 2025, the real estate fund Build Capital intends to spend Rs 400 crore in 15–20 deals around the Mumbai Metropolitan Region (MMR). The corporation plans to invest almost Rs 150 crore in Navi Mumbai as part of this. It has invested in the Satyam Group’s project for the first
On Tuesday, Union Minister Nitin Gadkari stated that he had talked about a plan to purchase 10,000 water taxis to transport passengers from the far-flung suburbs of the financial capital to the soon-to-be Navi Mumbai International Airport. Gadkari said he has already discussed the concept with Maharashtra Chief Minister Devendra
The famous Sea Rock Hotel in Mumbai will reappear as the Taj Bandstand. In the second half of 2025, the Indian Hotels Company Ltd. (IHCL) plans to start building on the Bandra site that faces the sea. “We are awaiting approval from the Airport Authority of India as well as
With the start of construction of the Juhu-Versova Link Road for the Bandra-Versova Sea Link (BVSL), residents of Versova and Four Bungalows in Andheri West, who already have to contend with dug-up roadways, must prepare for much worse traffic congestion. According to a representative of the Maharashtra State Road Development
Railway Minister Ashwini Vaishnaw paid a visit to the location of the underwater tunnel for the bullet train project, also known as the Mumbai-Ahmedabad High-Speed Rail Corridor, on Saturday. Vaishnaw noted notable developments in the construction of the multibillion-dollar project and expressed his happiness with its progress. The 21-kilometer underground
According to Mumbai International Airport Ltd. (MIAL), passenger volume increased by 6.3% from 5.16 crore in 2023 to 5.48 crore in 2024. Additionally, 3,46,617 air traffic movements (ATMs) were registered at the airport, representing a 3.2% increase over the prior year. With 50.5 lakh passengers, December was the busiest month,
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.