Re-mumbai

RBI Acquires Rs 3,471 Crore Land Parcel At Nariman Point For New Office

September 11, 2025: In one of the largest land deals in India this year, the Reserve Bank of India (RBI) has purchased a 4.16-acre plot at Nariman Point in South Mumbai from the Mumbai Metro Rail Corporation Ltd (MMRCL) for Rs 3,471.82 crore. The agreement, registered on September 5, also included a stamp duty payment […]

BEST To Approach Centre For Rs 3,400 Crore To Upgrade Power Infrastructure

September 2, 2025: The Maharashtra state cabinet has approved the Brihanmumbai Electric Supply and Transport (BEST) undertaking’s plan to seek nearly Rs 3,400 crore from the Centre to modernise its electricity distribution system, aiming to reduce losses and improve supply efficiency. “The cabinet has decided to recommend submission of the detailed project report worth Rs […]