Re-mumbai

South Central Mumbai’s High-End Residential Surge Drives 6% Rise in Q2 2024

With opulent high-rise buildings replacing historic buildings, South Central Mumbai, the residential micromarket at the centre of the city, is witnessing a dramatic transition. Due to its strategic location and historic value, its revitalisation is drawing in property purchasers, making it a desirable real estate market. As per the Mumbai Residential Q2 2024 report by […]

28 Speed Detection Cameras to Enhance Traffic Safety on Mumbai Coastal Road

There are plans to put 28 speed detection cameras along the city’s beachfront road, according to the Brihanmumbai Municipal Corporation. The purpose of this project is to reduce infractions of the law and enforce speed restrictions. L&T Company will carry out the project, which should be finished by the end of December. The Princess Street […]

Approved for the tunnel’s launch shaft connecting the highway and Coastal Road

The Mumbai Metropolitan Region Development Authority (MMRDA) has acquired the no objection certificate (NOC) for the construction of a launch shaft from the Mumbai Port Trust (MbPT) site near P D’Mello Road, which is a huge boost to the Orange Gate-Marine Drive tunnel project. 1.96 hectares total—0.71 hectares of permanent space and 1.25 hectares of […]

MMRDA seeks 20,000 crore loans for ambitious transport infrastructure projects in Mumbai

In a determined move to fund its expansive infrastructure ventures across the Mumbai Metropolitan Region, the Mumbai Metropolitan Region Development Authority (MMRDA) has initiated the process to secure loans amounting to Rs 20,000 crore. Underlining its commitment to multiple infrastructure undertakings, MMRDA has allocated a significant budget of Rs 28,705 crore for the ongoing fiscal […]