BMC Proposes Land Reservation Changes For Mumbai Coastal Road Phase 2 Expansion
The Brihanmumbai Municipal Corporation (BMC) has suggested modifying the reservation status of sixty parcels of land between Dahisar and Goregaon in order to make it easier for Mumbai Coastal Road Phase 2 to expand. Mumbai’s undeveloped land is often set aside for public facilities, according to the Development Plan 2034. However, their reservation status is […]
Maharashtra Budget To Boost Real Estate Growth, Says CREDAI-MCHI
The association of realtors CREDAI-MCHI has praised the Maharashtra government’s most recent budget, emphasising how it might greatly expand the real estate market. The budget, which places a high priority on affordable housing and infrastructure development, is anticipated to open up new growth prospects for developers in the Mumbai Metropolitan Region (MMR). On March 10, […]
MHADA Revives 17 Stalled Slum Redevelopment Projects Across Mumbai
In response to an order from the state government, the Maharashtra Housing and Area Development Authority (MHADA) has started to revive 17 Slum Rehabilitation Authority (SRA) projects that have been postponed throughout Mumbai. According to MHADA Vice-President and CEO Sanjeev Jaiswal, among these, the Sai Baba Housing Society in Jogeshwari has already gotten a Letter […]
Maharashtra Advances Plans For Third Airport Near Vadhavan Port
The Maharashtra government is aiming to build a third airport close to the future Vadhavan port in Palghar as the much-anticipated Navi Mumbai International Airport approaches completion. By releasing a request for proposals for the enormous project, the Maharashtra Airport Development Company (MADC) has formally started the process. Vadhavan port, located approximately 130 km from […]
Construction Sites To Get Real-Time Pollution Monitors Under MPCB Mandate
The Mumbai Metropolitan Region’s (MMR) municipal corporations have been instructed by the Maharashtra Pollution Control Board (MPCB) to install sensor-based air pollution monitors at all public and private construction sites and to take prompt action when pollution levels surpass allowable limits. Additionally, MPCB has stated that BMC authorities will have access to the monitoring data […]
Dahisar East’s Skyline To Change As Arkade Developers Plans 6.5-Acre Project
A 6.5-acre plot of land has been purchased by Arkade Developers for the Anand Nagar Society cluster redevelopment in Dahisar East, Mumbai. The estimated gross development value (GDV) of the redevelopment project, which covers a property area of 26,286 sq meters, is Rs 1,700 crore. The project will include both residential and commercial areas, with […]
Mumbai Metro Is A Game Changer In Urban Mobility, But Challenges Remain
Mumbai’s dynamic identity as a thriving metropolis is deeply intertwined with its extensive network of local trains, buses, and autorickshaws. These transportation systems serve as the city’s backbone, ensuring the seamless movement of millions every day. However, with Mumbai’s steady expansion into the Mumbai Metropolitan Region (MMR), the demand for enhanced mobility solutions has intensified. […]
Housing Prices In India Unlikely To Drop, Says Finfluencer Akshat Shrivastava
India’s real estate prices are expected to remain high, according to Akshat Shrivastava, a popular finfluencer and founder of Wisdom Hatch. In a recent post on X, he explained that the shift toward private developers has significantly influenced housing affordability. “Unlike earlier times when people bought land and built their homes, today’s buyers prefer ready-to-move-in […]
Eknath Shinde Announces Major Housing Expansion, 8 Lakh Homes Planned By 2030
The Maharashtra government is stepping up its efforts to increase affordable housing, with a particular emphasis on the MMR Growth Hub Project. In accordance with NITI Aayog’s suggestions, the Maharashtra Housing and Area Development Authority (MHADA) plans to construct eight lakh dwellings by 2030 as part of this effort. This ambitious plan was unveiled today […]
Maharashtra Sets Up Special Task Force To Turn MMR Into A USD300 Billion Growth Hub By 2030
In a significant move to make the Mumbai Metropolitan Region (MMR) a major economic force on a global scale, the Maharashtra government has formed a nine-member Project Management Unit (PMU) to carry out NITI Aayog’s plan to increase the region’s GDP from its current USD 140 billion to USD 300 billion by 2030. Top representatives […]