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Residents living within the 50-metre influence area of the upcoming underground Metro Line 3 from Colaba-SEEPZ Via Bandra Kurla Complex (BKC) have to obtain prior permission from the Mumbai Metro Rail Corporation Ltd (MMRCL) for carrying out any redevelopment or development activities. The MMRC, which is the project implementing authority,

The Mumbai Metropolitan Region Development Authority (MMRDA) has merged the Monorail Project Implementation Unit with the Maha Mumbai Metro Operation Corporation to revive the struggling Mumbai Monorail. The merger aims to improve operation, cut costs, and save expenses. The move is expected to save over ₹40 to 60 crore annually

In line with its plan to put in place a grading system for real estate projects, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has released a consultation paper proposing a framework to have a third-party inspection to ensure quality homes to home buyers. However, initially, it will be optional for

Mumbai: Maharashtra Housing and Area Development Authority (MHADA) has decided to reduce the penal interest on delayed payments of installments against various premiums to be paid in respect of Building Permission in the redevelopment projects of MHADA from the existing 18% to 12% annually. This information was announced today by

The Maharashtra Housing Minister Atul Save on Friday, November 24, informed that the state government has been planning to effect necessary requisites in the State’s new Housing Policy to make ‘Housing For All’ a reality; so that every citizen of the State gets his own house either through MHADA or

The Maharashtra Real Estate Regulatory Authority (MahaRERA) on Monday suspended the registration of 248 real estate projects for not complying with submission of quarterly progress reports (QPRs). The projects were among 700 registered with the regulator in February 2023. MahaRERA also sent notices under Section 7 of Real Estate (Regulation

Navi Mumbai has been chosen to construct Maharashtra’s Unity Mall, a unique marketplace envisioned by the Central Government to showcase indigenously made products and artefacts to ensure better marketability for them. The City and Industrial Development Corporation (CIDCO) will execute the project and has demarcated a 5,200 sq m plot

The Maharashtra government has decided to set up Maharashtra Forest Industrial Development Corporation (MFIDC), under the state forest ministry, to promote and develop manufacturing industries based on forest products from the state. Planned on the lines of Maharashtra Industrial Development Corporation (MIDC), the government has constituted an advisory committee to

The Mumbai Metropolitan Region Development Authority (MMRDA) has set up a squad comprising 23 officers to monitor construction activities, including road projects under its jurisdiction as well as Metro sites, and ensure that they follow the pollution mitigation norms issued by the BMC last month. The MMRDA squad will see

The Maharashtra Real Estate Regulatory Authority (MahaRERA) approved the registration of 823 new projects during the festive season in October and November. The projects that secured approval and registration with MahaRERA encompass 382 solely from the Mumbai Metropolitan Region (MMR). The remaining projects are distributed across Pune (257), Nagpur (77),