According to the Maha Mumbai Metro Operation Corporation Ltd (MMMOCL), 56% of ticket reservations for Metro Lines 2A and 7 are now made online, marking a significant advancement in sustainable urban transportation. This indicates a 10% decrease in the use of paper tickets in an exceptionally short amount of time,
According to a statement released on November 28 by Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the Adani Group and the Maharashtra government, survey work for 25,000 tenements has been finished, and 60,000 dwellings have been numbered since the exercise started in March of this year. The
The results of the elections in Maharashtra, according to prominent real estate leaders, might have a big impact on the Mumbai real estate market. Industry veterans told NDTV Profit that alignment between the federal and state governments, along with stability in governance, may improve infrastructure development, expedite approvals, and solve
The billionaire Gautam Adani-led group’s USD 3-billion proposal to transform the Mumbai slum of Dharavi into a “world-class” district will benefit from the BJP-led Mahayuti’s resounding victory in Maharashtra. If elected to power, the opposition Shiv Sena (UBT), led by Uddhav Thackeray, had vowed to abandon the project completely and
The biggest low-cost airline in India, IndiGo Airlines, has made great strides in developing the nation’s airport system. For draft RNP (Required Navigation Performance) approaches at the future Navi Mumbai International Airport (NMIA), the airline successfully finished simulator certification. By offering alternate operational choices, the innovation aims to reduce congestion
On the suggestion of the Bombay High Court, the Powai police filed a formal complaint (FIR) on October 5th against representatives of BMC’s S ward, Hiranandani Group (HGP Community Pvt Ltd), and four associates for carrying out unlawful demolitions in Jai Bhim Nagar. The accused are charged with criminal conspiracy,
The Bombay High Court rejected a challenge filed by Navi Mumbai-based developer Lakhani Housing Corporation, opening the way for the renovation of 25 housing societies in Sion’s GTB Nagar. The Maharashtra Housing and Area Development Authority (MHADA), which has been designated as the project’s special planning authority, will now oversee
Real estate developers in Maharashtra, including Lodha Group, K Raheja Corp, Puranik, and Lokhandwala Infrastructure, have applied for the deregistration of up to 19 projects in cities like Mumbai, Thane, Pune, Nashik, and Nagpur. Out of the 19 real estate projects, three are up for deregistration by Lodha Group or
The housing body has failed to collect compensation from developers, even though the public Anti Corruption Bureau (ACB) has found proof that MHADA officials and developers conspired and caused a loss to the public exchequer in the redevelopment of the city’s cessed structures. In the meantime, MHADA has petitioned the
According to Boman Irani, CMD of Rustomjee Group, better known as Keystone Realtors, redevelopment in Mumbai has been here for more than 20 years and presents enormous prospects for new real estate developers wishing to enter the market from other cities. Since a lot of developers are vying for this
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.
