Sptember 23, 2025: The Ministry of Housing and Urban Affairs has issued guidelines for the Rs 1 lakh crore Urban Challenge Fund, a flagship scheme aimed at redeveloping abandoned government complexes, repurposing underutilised public land, and incentivising municipal reforms with private sector participation. Announced by Union Finance Minister Nirmala Sitharaman
September 23, 2025: With the Brihanmumbai Municipal Corporation (BMC) elections approaching, the BJP is intensifying its campaign to secure control of the country’s wealthiest civic body, which has an annual budget of Rs 75,000 crore. To spearhead its Mumbai unit, the party has appointed 49-year-old Andheri MLA Ameet Satam, a
September 23, 2025: Mumbai’s Brihanmumbai Municipal Corporation (BMC), the country’s richest civic body, has seen its fixed deposits (FDs) shrink as funds are increasingly diverted towards large-scale infrastructure projects. Data obtained under the Right to Information (RTI) reveals that BMC’s FDs, which rose steadily for over a decade—from Rs 43,285
September 22, 2025: Mumbai’s iconic Shivaji Park Gymkhana (SPG) reopened on Monday after a grand makeover, with cricketing legend Bharat Ratna Sachin Tendulkar leading the inauguration. The event was marked by loud cheers and applause as Tendulkar performed the ribbon-cutting, joined by Maharashtra Navnirman Sena (MNS) chief Raj Thackeray, Shiv
September 22, 2025: Maharashtra Chief Minister Devendra Fadnavis on Monday (September 22, 2025) flagged off the trial run of Metro Line 4A at Thane’s Cadbury Junction-Gaimukh section, marking a significant milestone for the region’s transport infrastructure. He announced, “The construction of Metro line 4 will be finished by the end
September 22, 2025: BJP leader and former Colaba corporator Makrand Narwekar has alleged that development projects worth Rs 116 crore in Colaba and surrounding areas remain stalled due to administrative neglect by the Brihanmumbai Municipal Corporation (BMC). He stated that Colaba, a prime area of South Mumbai, has been ignored
September 22, 2025: The Brihanmumbai Municipal Corporation (BMC) is preparing to put 186 apartments, developed under the Development Control and Promotion Regulations (DCPR) 2034, on sale this Diwali through a lottery system. These “inclusive homes” are priced between Rs 63 lakh and Rs 1 crore and are designated for economically
September 22, 2025: The Navi Mumbai Municipal Corporation (NMMC) has carried out a demolition drive in the Vashi division targeting unauthorised construction that persisted despite official notices. The action was executed under the instructions of Municipal Commissioner Dr Kailas Shinde, with guidance from Additional Commissioner (2) Dr Rahul Gethe and
September 22, 2025: The real estate sector appears largely unfazed by the new GST slab structure, which reduces GST on cement from 28% to 18%. Industry experts estimate that the overall impact on property prices would be around 3-5%. At a property show on the eve of September 21, visitors
September 22, 2025: The Finance Ministry’s recent decision to grant infrastructure status to large commercial ships has been welcomed as a positive move. Still, it excludes nearly 500 coastal vessels, sparking concerns within the shipping industry. As per the notification issued on September 19, Indian-owned and flagged commercial ships of
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