According to a survey released by Savills India on January 3, the price of under-construction properties has increased by almost 55% in the past year. “Gurugram and Mumbai led the surge in under-construction property values, with increases of up to 55% and 10%, respectively, while Bengaluru and North Goa saw
Slum redevelopment and expediting important projects like road and railway line extensions are two of the primary initiatives planned this year to drastically change the urban landscape of his Lok Sabha seat, according to Union Minister Piyush Goyal. Last year, Goyal emerged victorious from Mumbai North in his first Lok
The contractors hired by the civic body on Friday took corrective action, including covering the piles of loose soil with green plastic sheets, a day after the Maharashtra Pollution Control Board (MPCB) sent BMC a show-cause notice, asking why the construction of the Mumbai Coastal Road should not be halted
In the past, fire hydrants that pumped water to help battle fires were placed beside highways in Mumbai and painted bright red. Only 15% of the city’s fire hydrants are operational, putting the British-installed roadside hydrants that pump ground-level water in danger of extinction. Mumbai had about 10,447 fire hydrants
For Rs 2,200 crore, Reliance Industries Ltd. (RIL) made a historic acquisition of more than 5,286 acres of valuable industrial land that is ideally located close to the Mumbai Trans Harbour Link (MTHL) project, Jawaharlal Nehru Port Trust (JNPT), and Navi Mumbai International Airport. RIL’s industrial footprint has significantly expanded
An essential piece of infrastructure, the Panvel-Karjat New Suburban Railway Corridor would increase the connection between Panvel, Karjat, and other Maharashtra suburbs. It is anticipated that this new train line will greatly improve the suburban transit system, cutting down on travel time and providing commuters with a more dependable option.
During a review meeting at the Mumbai Agricultural Produce Market Committee (APMC) headquarters in Vashi, State Minister for Marketing and Protocol Jayakumar Rawal said that the APMC, Asia’s largest market committee, would prioritise resolving its outstanding concerns. As a key hub for agricultural commerce, Minister Rawal underlined the value of
The Adani Group-backed Dharavi Redevelopment Project Pvt Ltd (DRPPL), which is in charge of the ambitious reconstruction of Mumbai’s enormous slum of Dharavi, has formally changed its name to Navbharat Mega Developers Pvt Ltd (NMDPL). According to a statement from the corporation, this name change is a part of their
In 2025, surveys will be carried out to support the development of the Third Mumbai in Raigad, also known as Karnala-Sai-Chirner New Town (KSC New Town), with the goal of improving connectivity and cutting down on travel time between Mumbai and Navi Mumbai. This ambitious project is expected to become
Authorities said National Asset Reconstruction Company Ltd (NARCL), a bad loan aggregator supported by the Centre, has proposed to buy out Mumbai Metro One Private Limited (MMOPL), which runs the Versova-Andheri-Ghatkopar metro, in a significant relief. State Bank of India, IDBI Bank, Canara Bank, Indian Bank, and Bank of Maharashtra
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