Samruddhi Mahamarg, Other Project Inaugurations By PM Modi Postponed Due To Security Escalation
Several significant transport and infrastructure projects in Mumbai that Prime Minister Narendra Modi was supposed to inaugurate on May 1 have been delayed because of increased security concerns in the wake of the recent terrorist incident in Pahalgam, Jammu & Kashmir, on April 22. The completed Igatpuri-to-Thane section of the Samruddhi Mahamarg expressway, the new […]
Raymond To Develop Rs1,800 Crore Residential Project In Mahim Under Revenue-Share Model
Raymond’s real estate arm is making another big move in Mumbai’s property market! The company has signed an agreement to jointly develop a residential project in Mahim on a 2-acre land parcel through a revenue-share model. The project, undertaken by Ten X Realty West (a subsidiary of Raymond), has an estimated gross development value (GDV) […]
Mumbai-Ahmedabad Bullet Train Corridor Advances, Promising Faster Travel & Economic Growth
Railway Minister Ashwini Vaishnaw paid a visit to the location of the underwater tunnel for the bullet train project, also known as the Mumbai-Ahmedabad High-Speed Rail Corridor, on Saturday. Vaishnaw noted notable developments in the construction of the multibillion-dollar project and expressed his happiness with its progress. The 21-kilometer underground tunnel connects Shilphata to Mumbai’s […]
BKC’s Bharat Nagar Shanties At Risk As Residents Protest Demolition Drive
On Thursday morning, hundreds of people from the Bandra Kurla Complex’s Bharat Nagar shanties demonstrated in the streets as government officials showed up with demolition tools. The commotion comes after a contentious incident two days prior in which Zeeshan Siddique, the son of deceased minister Baba Siddique, expressed shock at a police chargesheet that failed […]
Deputy CM Shinde Sets 100-Day Target For BKC-Worli Metro Launch
Deputy Chief Minister Eknath Shinde says the Bandra Kurla Complex (BKC) to Worli segment of Mumbai Metro Line 3 will start operations in 100 days. This declaration was made following a review meeting with representatives from the Housing, Urban Development, and Mumbai Metropolitan Region Development Authority (MMRDA) departments, which was chaired by Chief Minister Devendra […]
MMRDA Unveils Signal-Free Road To Ease BKC Traffic
The SEBI Building and Avenue-5 at the Bandra Kurla Complex (BKC) are connected by a 180-meter signal-free route opened by the Mumbai Metropolitan Region Development Authority (MMRDA). The road, finished in under three and a half months, is intended to reduce traffic at the BKC One and BKC Connector Junctions. Thanks to the new route, […]
Mithi River Bridge Design Change, May Delay Metro 2B Again
Due to “engineering and technical challenges” with the previous design, the Mumbai Metropolitan Region Development Authority (MMRDA) has chosen to alter the bridge across the Mithi River, which is a component of the Metro 2B corridor. Even though 75% of the 23.64-kilometer corridor that connects Andheri West and Mandale in Mankhurd via the Bandra Kurla […]
Juhu Land Parcel Worth Rs 455 Crore Acquired by Agarwal Holdings
According to Square Yards, Agarwal Holdings Private Limited has paid Rs 455 crore for a property in Mumbai’s coveted Juhu neighbourhood. The plot was purchased from the Shapoorji Pallonji Group’s Shapoorji Pallonji Gwalior Private Limited. The registration record that Square Yards examined indicates that the land piece is roughly 1,819.90 square meters (19,589.22 square feet). […]
SRA Invites Bids for 39-Year-Delayed Santacruz Slum Redevelopment
For the 39-year-delayed rebuilding of the Om Namo Sujalam Sufalam Society in Santacruz East, the Slum Rehabilitation Authority (SRA) is seeking offers. Almost 1,000 residential, commercial, and industrial tenements make up the neighbourhood, which is close to the Bandra Kurla Complex and the Western Motorway. With a potential built-up area four times the plot size, […]
State Street Sets Up Global Competence Centre in Mumbai’s BKC
According to people acquainted with the situation, Brookfield Properties has agreed to a long-term lease of around ten years from State Street Corporation, a global financial services and investment management company, for the full commercial office skyscraper located close to Mumbai’s Bandra-Kurla Complex (BKC). Over the term of the contract, the business would pay a […]