The Mumbai Metropolitan Region Development Authority (MMRDA) has officially announced the name of Third Mumbai: Karnala-Sai-Chirner New Town (KSC New Town). The new community, also known as the Navi Mumbai Airport Influence Notified Area (NAINA), was first planned in 2013 to manage the chaotic growth surrounding the upcoming Navi Mumbai
Amit Jain, chairman and managing director of Arkade Developers, estimates that its ten ongoing projects in the Mumbai Metropolitan Region (MMR) have a revenue potential of Rs 4,000 crore. On Monday, the business announced the inauguration of a luxury residential and commercial property in Bhandup, Mumbai Metropolitan Region. The three-acre
On Wednesday, Ulhasnagar civic head Vikas Dhakne ordered the destruction of a 16-story under-construction structure that encroached on a Development Plan (DP) route. The Jhalak building’s floor plan includes 65 units and four shops. Assistant Municipal Commissioner Ganesh Shimpi of Ward 4, where Jhalak is located, stated that the building
The Mumbai police arrested three members of a family on Wednesday for allegedly duping an elderly man out of Rs 16 crore by offering to sell an entire floor of a building to be built in a Bandra redevelopment project. According to the police, the accused—Mehmood Hassan Quadri, his son
Mumbai city had 5,199 property registrations during the nine days of Navratri, from October 3 to 11, 2024, representing a 13.2% year-on-year (YoY) increase over the 4,594 units registered in Navratri 2023. The state exchequer earned a total of Rs 502 crores from these registrations. Also, the daily average property
Shiv Sena (UBT) leader Aaditya Thackeray stated on Wednesday that the Mahayuti administration has granted the Adani Group 1,080 acres of land across the city for the Dharavi rehabilitation project, which is double the size of Asia’s largest slum combined. The Worli MLA slammed the state administration, claiming that chief
Mumbai is a city where land is limited and possibly the most costly in the country. So, who are the biggest landowners in the city? According to a survey conducted by the Slum Rehabilitation Authority (SRA), the financial capital is home to some of the largest landowners, who control about
The Maharashtra government, through the Mumbai Metropolitan Region Development Authority (MMRDA), has launched a groundbreaking program to revitalise the Backbay neighbourhood, to transform this excellent waterfront location into a bustling and aesthetically beautiful urban zone. The new BBRS draft development plan was adopted by the state government’s cabinet during a
Sanjeev Jaiswal, Vice President and CEO of the Maharashtra Housing and Area Development Authority (MHADA), emphasised the significance of redevelopment activities during his remarks at the CREDAI-MCHI Redeveloping Mumbai exhibition at the Bandra Kurla Complex. He stated that MHADA has issued roughly 850 notifications under Section 79(A), 300 notices under
The Bombay High Court division bench of Justices Kamal Khata and M.S. Sonak ruled that if the developer fails to meet its obligations under the Development Agreement, such as paying transit rent and completing construction within the specified time frame, there is a complete failure of consideration, and no rights
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.