MMRDA To Provide Rs 100 Crore To MHADA For 83 Houses For Prabhadevi Bridge-Affected Residents
October 24, 2025: The Mumbai Metropolitan Region Development Authority (MMRDA) will provide Rs 100 crore to the Maharashtra Housing and Area Development Authority (MHADA) in exchange for 83 houses meant for residents affected by the Prabhadevi bridge demolition. MHADA had earlier submitted a list of 119 available houses to MMRDA for the rehabilitation of those […]
Maharashtra Government Releases Rs 954 Crore To Boost Mumbai Infrastructure
October 1, 2025: The Maharashtra state government has released Rs 954 crore collected through the 1% additional stamp duty levied in the Mumbai Metropolitan Region (MMR), offering significant relief to the Mumbai Metropolitan Region Development Authority (MMRDA). The authority, which has been grappling with mounting debt from large-scale infrastructure projects, can now address its funding […]
BMC’s Fixed Deposits Dip As Infrastructure Spending Rises
September 23, 2025: Mumbai’s Brihanmumbai Municipal Corporation (BMC), the country’s richest civic body, has seen its fixed deposits (FDs) shrink as funds are increasingly diverted towards large-scale infrastructure projects. Data obtained under the Right to Information (RTI) reveals that BMC’s FDs, which rose steadily for over a decade—from Rs 43,285 crore in 2014-15 to a […]