Mumbai CSMT Redevelopment: Progress and Pending in Rs 2450 Cr Project
According to a source, the redevelopment of the city’s famous Chhatrapati Shivaji Maharaj Terminus (CSMT) has made 15% progress, with the excavation work for the new Divisional Railway Manager (DRM) building 95% finished. For the CSMT 2.0 project, Indian Railways has promised travellers an airport-like experience. In south Mumbai, there will be enough for both […]
Railways Elevate Mumbai: 300 New Locals, 8 Stations Upgraded
With the announcement of 300 new local trains, the renovation of eight important stations, and the construction of a mammoth railway terminal in Vasai, Mumbai’s rail system is set for a revolutionary transformation. Supported by the central government, the ambitious project intends to improve the Mumbai Metropolitan Region’s (MMR) overall infrastructure, passenger comfort, and connection. […]
State Street Sets Up Global Competence Centre in Mumbai’s BKC
According to people acquainted with the situation, Brookfield Properties has agreed to a long-term lease of around ten years from State Street Corporation, a global financial services and investment management company, for the full commercial office skyscraper located close to Mumbai’s Bandra-Kurla Complex (BKC). Over the term of the contract, the business would pay a […]
Mumbai: Jai Bhim Nagar Residents Face Uncertain Future Outside SRA
On the suggestion of the Bombay High Court, the Powai police filed a formal complaint (FIR) on October 5th against representatives of BMC’s S ward, Hiranandani Group (HGP Community Pvt Ltd), and four associates for carrying out unlawful demolitions in Jai Bhim Nagar. The accused are charged with criminal conspiracy, providing false information, and framing […]
Mumbai’s Nine Railway Stations Set for Upscale Redevelopment Makeover
With plans to renovate several of the city’s ageing stations into bustling hubs with office and commercial space, the rail network in Abu Dhabi is undergoing a significant overhaul. The Mumbai Railway Vikas Corporation (MRVC) is in charge of the rehabilitation project, which intends to increase revenue and enhance passenger services by making the most […]
Mumbai and Delhi Rank Among Leading APAC Cities for Luxury Property Growth
According to Knight Frank’s most recent research, Mumbai and Delhi have risen to rank among the top five Asia-Pacific cities in terms of the growth of luxury home prices. This accomplishment highlights India’s standing as a developing market supported by a robust economy, pro-business policies, and improved infrastructure, alongside Vietnam and Thailand. With a remarkable […]
Why Bengaluru Developers Are Expanding Into Mumbai’s Real Estate Market
Boman Irani, CMD of Rustomjee Group, also known as Keystone Realtors, based in Mumbai, said a few days ago that he is not concerned about new real estate developers from other cities attempting to enter the financial capital’s redevelopment market. Because “they bring with them a healthy competitive spirit,” he prefers to view it as […]
Water Taxi And Amphibious Seaplane Service Launches For Mumbai-Navi Mumbai
Mumbai’s first water taxi service has been announced by Union Road Transport and Highways Minister Nitin Gadkari. In just 17 minutes, Mumbai will be connected to the future Navi Mumbai International Airport thanks to this creative initiative. The announcement, which was delivered at a Thane election rally, intends to improve the city’s transit infrastructure while […]
Developers, Including Lodha And K Raheja, Seek To Deregister 19 Projects
Real estate developers in Maharashtra, including Lodha Group, K Raheja Corp, Puranik, and Lokhandwala Infrastructure, have applied for the deregistration of up to 19 projects in cities like Mumbai, Thane, Pune, Nashik, and Nagpur. Out of the 19 real estate projects, three are up for deregistration by Lodha Group or Macrotech Developers and Palava Dwellers […]
BMC Opens 28 Shelters for 850 Homeless in Mumbai
The government of Maharashtra has announced the opening of 28 new shelters, providing lodging for some 850 homeless people. This comes after the State Human Rights Commission (SHRC) brought attention to the city’s inadequate shelter system. A 2022 report that condemned Mumbai for running only 23 of the 125 shelter homes ordered by the Supreme […]