Government of Maharashtra Approves New Road to Reduce Traffic on GB Road
The Maharashtra government has approved the building of a new route with the goal of reducing traffic on Mumbai’s GB route. Eknath Shinde, the Minister of Urban Development for Maharashtra, gave his consent, which is a big step in the right direction to relieve traffic congestion in one of the busiest areas of the city. […]
Maharashtra Pays Off Debt on Reliance Metro
Mumbai Metro One Pvt Ltd (MMOPL), a subsidiary of Reliance Infrastructure, owes the Maharashtra government a substantial debt of Rs 1,700 crore. This financial assistance is a critical first step in sustaining and growing Mumbai’s metro system. The government’s resolve to enhance urban transportation and lessen the financial strain on private companies participating in public […]
Maharashtra government will pay off Rs 1,700 crore in metro debt owed by Reliance Infrastructure arm
It’s possible that the government of Eknath Shinde halted plans to purchase Metro 1. Nonetheless, the state cabinet has directed the MMRDA executive committee to consider a one-time payment for the Rs 1,700 crore debt Mumbai Metro One Pvt Ltd (MMOPL) owes its creditors. Currently serving 4.6 lakh people daily, Metro 1 is the oldest […]
Maharashtra will pay off its Rs 1.7k crore debt instead of purchasing Mumbai Metro 1
The state cabinet has instructed MMRDA’s executive committee to investigate paying out Mumbai Metro One Pvt Ltd (MMOPL)’s lenders in full, even though the Shinde government has postponed its ambitions to purchase Metro 1. Metro 1, the city’s oldest route, is the only one run by a public-private partnership. It presently serves 4.6 lakh people […]
According to an RTI, BMC has suggested allocating land for the Dharavi Redevelopment Project
According to a Brihanmumbai Municipal Corporation (BMC) response under the Right to Information Act, the BMC has proposed to the Maharashtra State Government’s Urban Development Department that five of the project’s eighteen acres—ten of which are readily available—be allocated for the Dharavi Redevelopment Project immediately. The remaining ten acres will be given over once the […]
Developers in Maharashtra will not be permitted to deposit buyers’ money into separate accounts as of July 1
As on July 1, developers in Maharashtra will have to keep specific bank accounts open for payments from buyers, citing a directive from the Maharashtra Real Estate Regulatory Authority (MahaRERA). The goals of this policy are to safeguard the investments of homeowners and improve financial discipline and openness. Developers used to be able to request […]
The International Standard Central Park in Maharashtra will be established by Mumbai
The construction of a 120-acre central public park at Mumbai’s Mahalaxmi Race Course has received approval from the Maharashtra government. Chief Minister Eknath Shinde presided over a weekly cabinet meeting where this decision was reached. International standards will be followed in the development of the park, and no new building will be permitted there. Ninety-one […]
Mumbai Metro Services News: December 2024 is the new deadline for Mumbai Metro 3 Phase One
The Maharashtra government recently revealed an updated schedule for finishing the first phase of Mumbai Metro 3. The project’s original completion date of September 2024 has been pushed back to December 2024. Chief Minister Eknath Shinde presided over the state cabinet meeting when this decision was made, according to a story published by Mumbai Now. […]
MahaRERA Requires Developers of Real Estate Projects to Set Up “Complaint Redressal Cells”
In August of last year, the developers were instructed by the Maharashtra Real Estate Regulatory Authority (MahaRERA) to establish a “Complaint Redressal Cell” for each of their projects in order to address complaints from buyers. After the directive was recently reviewed, it was discovered that just 195 projects in Maharashtra had established a cell of […]
MMRDA Continues Repairs on Approach Road to Atal Setu
The Mumbai Metropolitan Region Development Authority (MMRDA) is actively conducting repairs on the approach road to Atal Setu in Mumbai, Maharashtra. On Saturday, Maharashtra Congress President Nana Patole inspected cracks found on the Mumbai-Trans Harbour Link (MTHL), alleging that corruption is to blame. Project Head Kailash Gantra stated that the repair work is expected to […]