The Rise Of Renewable Energy In Mumbai’s Real Estate
Mumbai, a city that never sleeps, is suddenly waking up to a new reality, a renewable energy-powered future. The city’s evolution throughout the years has demonstrated how sustainability has changed from being a specialised issue to becoming a key component of urban planning. Renewable energy is now not only necessary for the environment, but it […]
Brookfield & MMRDA Partner To Propel Mumbai’s Development With USD 12 Billion MoU
In order to expedite infrastructure development in the Mumbai Metropolitan Region (MMR), the MMRDA and Brookfield, a multinational investment group, signed a USD 12 billion (Rs 1,03,800 crore) Memorandum of Understanding (MoU). In front of Brookfield CEO Anuj Ranjan, MMRDA Metropolitan Commissioner Dr. Sanjay Mukherjee, IAS, signed the Memorandum of Understanding. Metro networks, highways, bridges, […]
Massive Rs 20,000 Cr Push for Navi Mumbai Airport’s Next Phase By Adani Group
To construct the next phase of the greenfield facility, which is expected to be operational by 2029, Adani Group’s Navi Mumbai International Airport (NMIAL), which will serve as the second aviation hub of India’s commercial capital, intends to raise Rs 20,000 crore in the second half of FY26. With local flights starting in May and […]
Mumbaikars Walk Together On SV Road To Demand Pedestrian-Centric Development
On the occasion of the 162nd anniversary of the birth of the famous monk, philosopher, and novelist Swami Vivekanand, who the road is named for, Mumbaikars took part in a walk on the 23.6-kilometer Swami Vivekanand Road (S V Road) on Sunday. The Walking Project, an organisation that works to make Mumbai a safe and […]
CREDAI-MCHI President Domnic Romell: “Mumbai’s Real Estate Market Is Booming”
The Mumbai real estate market is seeing an unparalleled rise, with high demand, increased volumes, and growing interest in both commercial and residential properties, CREDAI-MCHI President Domnic Romell (55) noted on Monday. He was attending the ”FPJ Dialogue” event at the FPJ office in Nariman Point. He claimed that there has never been a better […]
BMC collaborates with IIT-B to ensure quality control in city’s road development
As post-monsoon road construction continues in Mumbai, the BMC has enlisted the help of a third-party quality control agency, IIT-Bombay, which would be involved in the entire process, from material testing to surprise inspections. Bhushan Gagrani, BMC’s commissioner and administrator, gave the decision to involve the renowned educational institute. IIT’s engagement is intended to uphold […]
BKC Development: MMRDA Offers Discounted Rates Lasting For One Year
With the purpose to boost development of remaining plots in the E and G blocks, the Mumbai Metropolitan Region Development Authority (MMRDA) has offered a special promotional rate for additional built-up area (BUA) at the International Finance and Business Centre (IFBC) in Bandra Kurla Complex (BKC). The subsidised rates by MMRDA will be available for […]
Mumbai’s Airoli-Katai Naka Project Set to Commence, Halving Travel Time
The final phase of Mumbai’s highly anticipated Airoli-Katai Naka project is set to begin this month. The Mumbai Metropolitan Region Development Authority (MMRDA) is expected to appoint a contractor for the construction of the 6.72-kilometre elevated corridor between Shil and Katai. This new route will provide a direct connection between Navi Mumbai and the Kalyan-Dombivli […]
CIDCO Approves Town Planning Schemes 1-12 for NAINA Project and Issues Tenders of Rs 6,414 Cr
The City and Industrial Development Corporation (CIDCO) has approved Town Planning Schemes (TPS) 1 to 12 for the Navi Mumbai Airport Influence Notified Area (NAINA) project and has issued tenders worth Rs 6,414 crore for these schemes. In March 2024, CIDCO floated tenders worth Rs 3,114 crore for TPS 2-7. Recently, it issued tenders worth […]
Bombay High Court Orders Society Members to Pay Rs 5 Lakhs or Vacate Property for Redevelopment
The Bombay High Court has directed seven members of a housing society to pay a total of Rs 5 lakhs if they do not vacate their flats within two weeks. These members’ refusal to leave their flats in the Taruvel CHSL building in Chakala, Andheri (East), has the potential to disrupt the building’s redevelopment. DEM […]