Mumbai Metro’s Underground Milestone: Trial Train Reaches Cuffe Parade
On Friday, a trial train made it to Cuffe Parade station, the last terminus of Mumbai’s first underground Metro line, marking a major milestone for the Mumbai Metro Rail Corporation (MMRC). This development indicates that important infrastructure, such as rolling stock, rails, and civil works, will soon be finished in preparation for the full operational […]
Mumbai Welcomes Taj Bandstand as IHCL’s Fifth Luxury Destination
The famous Sea Rock Hotel in Mumbai will reappear as the Taj Bandstand. In the second half of 2025, the Indian Hotels Company Ltd. (IHCL) plans to start building on the Bandra site that faces the sea. “We are awaiting approval from the Airport Authority of India as well as the commencement certificate (from the […]
Boman Irani: Redevelopment Drives Growth In Mumbai’s Land-Locked Market
For Mumbai’s real estate developers, Boman Irani, Managing Director of Rustomjee, describes it as an “asset-light model” that provides a significant break from the ever-rising cost of land acquisitions. Irani should be aware that the biggest player in the redevelopment market is Rustomjee, doing business as Keystone Realtors. “Redevelopment will be a major force behind […]
Airoli Set to Emerge as MMR’s Key Business Hub: Report
According to a survey, Airoli in Navi Mumbai has the potential to become one of the top business districts in the Mumbai Metropolitan Region because of its strong pipeline of new home supply, expanding corporate ecosystem, and physical infrastructure. The report ‘Airoli – Epicentre of a Prospering Enclave, a developing Better Business District’ was published […]
House of Hiranandani to Invest Rs 12,500 Cr in Mumbai
House of Hiranandani said on Tuesday that it will invest Rs 12,500 crore over the next two years to construct several Mumbai Metropolitan Region (MMR) projects. According to a statement, the business plans to invest Rs 12,500 crore in five MMR projects. The investments, funded by equity and internal accruals, will cover the cost of […]
Arkade Developers Targets Rs 4,000 Crore Revenue from Ongoing Projects
Amit Jain, chairman and managing director of Arkade Developers, estimates that its ten ongoing projects in the Mumbai Metropolitan Region (MMR) have a revenue potential of Rs 4,000 crore. On Monday, the business announced the inauguration of a luxury residential and commercial property in Bhandup, Mumbai Metropolitan Region. The three-acre project is expected to generate […]
CIDCO Conducts Developer Conference To Discuss Important Concerns In The Navi Mumbai And NAINA Region
To discuss several urgent challenges in the CIDCO and NAINA regions, the City and Industrial Development Corporation (CIDCO) called a critical meeting with developers from the CREDAI-MCHI, Navi Mumbai. Leading the discussions, CIDCO Joint Managing Director Shantanu Goyal covered a number of important subjects. One major concern raised was the lack of facilities in plots […]