Over the next five years, NITI Aayog has set a challenging goal to double the GDP of the Mumbai Metropolitan Region (MMR) from $140 billion to $300 billion. To achieve this, Maharashtra is being advised by the policy think tank of the Center to concentrate on seven important growth areas
The proposed change of use of the Mahalaxmi Racecourse in Worli has prompted the Brihanmumbai Municipal Corporation (BMC) to request public comments and recommendations, perhaps leading to the establishment of ‘Mumbai Central Public Park,’ an estimated 120 acres in size. A new regulation will be added to the Development Control
The City and Industrial Development Corporation (CIDCO) and Navi Mumbai stakeholders are at odds over a plan to transfer land for township development. On August 8, the nodal agency announced that it was seeking bids from “experienced and renowned” construction and development companies for the development of a 27.3-hectare plot
Following protests from Kurla locals regarding the upcoming restrictions on Halav Pul use due to the Metro 2B girder, MMRDA promised to bring up the matter with the airports authority. During a discussion earlier this week with local people, an assurance was provided to investigate the easing of height with
The Development Control and Promotion Regulations (DCPR) 2034 will include a new regulation. The Mahalaxmi Racecourse will be the exclusive target of the BMC’s proposed Regulation 13(10), which will not apply to any other clubs, gymkhanas, or plots within the BMC’s control that are set aside for similar uses. Regarding
It has been made clear by the Mumbai Metro Rail Corporation Limited (MMRCL) that construction on Metro-11, which is anticipated to link Wadala with the Chhatrapati Shivaji Maharaj Terminus (CSMT), has not yet started. The completion of the Metro-11 corridor’s Detailed Project Report (DPR) is ongoing. Project Status: In a
The Bombay High Court has been instructed by the Supreme Court to carry out a performance audit of the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act of 1971, which is a crucial step towards addressing the issues faced by the law. This follows persistent doubts regarding the legislation’s effectiveness,
In order to reconstruct the Ramabai Ambedkar Nagar slum project in Ghatkopar, government land is needed, and the Mumbai Metropolitan Region Development Authority (MMRDA) has suggested to the government that the premium payment be waived. The Ramabai Ambedkar Nagar Slum Redevelopment project covers 331,495.44 square meters, of which the state
Developers in the state will now be required to post a “Quality Assurance Certificate” on their website in addition to providing it to the MahaRERA at the conclusion of each fiscal year. The MahaRERA General (Amendment) Regulations, 2024, which were added to the MahaRERA General Regulations, 2017, included this required
City and Industrial Development Corporation (CIDCO) has extended the Amnesty Scheme for collection of extra lease premium (ALP) for extension of construction periods on CIDCO plots in Navi Mumbai till September 15, 2024, in accordance with a Maharashtra government directive. On January 12, 2024, the Maharashtra government unveiled the Amnesty
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