BMC To Conduct Traffic Study For Possible Nepean Sea Road Exit On Mumbai Coastal Road
The Brihanmumbai Municipal Corporation (BMC) will carry out a traffic feasibility study at Malabar Hill’s Nepean Sea Road to investigate the possibility of building a new vehicular arm for entry and exit to the Mumbai Coastal Road in response to the increasing demands of the people living in South Mumbai’s Breach Candy. The move follows […]
Malabar Hill Forest Walkway to Open by December
If the Brihanmumbai Municipal Corporation (BMC) project proceeds as planned, people may be able to enjoy Mumbai’s first elevated forest promenade through the Malabar Hill forest by December. According to a civic official, “The civil works are almost complete, and ancillary works such as electrification, painting, restrooms, and ticket counters are in progress.” Given the […]
Record Rs 12,300 Crore in Luxury Home Sales in Mumbai for First Half of 2024
Mumbai’s luxury home market reached an all-time high, achieving ₹12,300 crore in sales during the first half of 2024. This surge is attributed to the growing demand for upscale apartments, particularly in the Worli area, which alone contributed to over a third of these sales. In comparison, the same period last year saw ₹11,400 crore […]
Mumbai real estate: Due to increased demand, the luxury home market is booming.
In the first quarter of 2024, sales of luxury homes see a sharp increase in Mumbai, the financial hub of India. Nearly 85,000 residential units were sold between January and March 2024, up 8% from the same period the previous year, according to a recent report from CBRE South Asia. The luxury market has seen […]