In a significant land allotment move, the Maharashtra government has handed a 7,658 sq m Brihanmumbai Municipal Corporation (BMC) plot in Sion to the Vishwa Hindu Parishad (VHP) for 30 years at an annual rent of Rs 10,186. The order was issued on Thursday after receiving clearances from the state
December 6, 2025: Thane’s real estate sector is poised for accelerated growth following the Reserve Bank of India’s 25 basis-point repo rate reduction, according to CREDAI MCHI Thane officials. They believe the move will lift both residential and commercial demand by improving affordability and easing financial pressures on developers. Sachin
December 6, 2025: The Bombay High Court has sharply criticised the Slum Rehabilitation Authority (SRA) for suspending work on Annexure-II in a Kandivali slum redevelopment project following letters from a local MLA. Hearing a petition filed by the New Shree Krishna SRA Co-operative Housing Society, representing 285 residents at CTS
December 6, 2025: The Mumbai Metropolitan Region Development Authority (MMRDA) is preparing to invite tenders for the much-anticipated Metro Line 10 by December 15, Transport Minister Pratap Sarnaik announced. The 9.718 km elevated corridor, estimated to cost ₹8,000 crore, will link Gaimukh in Thane with Shivaji Chowk in Mira-Bhayandar, enhancing
December 5, 2025: The Railway Ministry has approved the launch of 10 new suburban train services in the Mumbai Metropolitan Region (MMR), offering a major boost to daily commuters, especially along the expanding Port Line corridor. The announcement came on Friday, coinciding with the Mahayuti government completing its first year
December 5, 2025: In a significant ruling delivered on 2 December 2025, the Supreme Court declined to issue a mandamus directing the Maharashtra Government to acquire land under Section 14 of the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971. The Court underscored that acquisition powers cannot be exercised
December 5, 2025: The Brihanmumbai Municipal Corporation (BMC) has moved a step closer to launching Mumbai’s first large-scale seawater desalination project after finalising Hyderabad-based GVPR Engineers Limited as the contractor for the Manori desalination plant. The approval came after GVPR revised its earlier quote downward by Rs 494 crore, as
The Reserve Bank of India’s recent 25 basis-point repo rate cut to 5.25% is expected to provide a significant boost to Mumbai’s real estate sector, experts say. This marks the fourth rate reduction since February and comes at a crucial time for both developers and homebuyers in the Mumbai Metropolitan
December 5, 2025: The recent fire incident near Mahim station, which affected Harbour Line railway services, has reinforced the urgent need for stronger safety measures in the ongoing Dharavi redevelopment project. In response, authorities are now placing greater focus on widening internal roads, improving emergency response access, developing green buffers,
December 5, 2025: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled that it does not have the authority to adjudicate allegations related to FSI misuse, illegal construction, or partnership disputes in the redevelopment project Abhilash Phase II in Mumbai’s suburban region. The regulatory body dismissed the complaint after determining
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