Mira Road Station To Get Mumbai’s Widest Footbridge
One of Mumbai’s busiest suburban train stations, Mira Road, is about to undergo a revolutionary infrastructural overhaul that would revolutionise commuter convenience. The Western Railway (WR) station, which handles an incredible 1.31 lakh passengers every day, will soon have an elevated deck and a foot-over bridge (FOB) that is 23 meters wide. It will exceed […]
Adani Realty Eyes Mumbai’s Future with Ambitious Multi-Sector Developments
The Adani Group’s real estate division, Adani Realty, is preparing for a big push in Mumbai with plans to build 6–8 million square feet of retail, commercial, and residential space. A 25,000-seat conference hall close to the future Navi Mumbai airport, which is set to compete with Mukesh Ambani’s Jio World Convention Centre in Bandra […]
Mumbai Real Estate to See 20+ Years of Redevelopment, Says Boman Irani
According to Boman Irani, CMD of Rustomjee Group, better known as Keystone Realtors, redevelopment in Mumbai has been here for more than 20 years and presents enormous prospects for new real estate developers wishing to enter the market from other cities. Since a lot of developers are vying for this sector, I don’t worry about […]
Rents Rise 7.4% QoQ Across 13 Cities, Mumbai Tops the Charts
According to Magicbricks’ Q3 2024 rental report, average rentals in 13 major Indian cities increased by 7.4% on a quarterly basis, to Rs 35.8 per square foot per month, the largest increase in two years. At Rs 86.50 psf, Mumbai is the most expensive rental market, followed by Delhi at Rs 37.55 psf and Navi […]
Mumbai’s Connectivity Gets a Boost with Coastal Road Expansion
Mumbai’s coastal road extension project is poised to revolutionise urban mobility by drastically cutting the journey time between Nariman Point and Virar to only 35 to 40 minutes. By improving communication throughout Mumbai and the neighbouring areas, this enormous project seeks to alleviate the city’s ongoing traffic problems and promote economic development. The project entails […]
Railway Minister Unveils Rs 16,240 Crore Plan for Mumbai CSMT Redevelopment
On Friday, Railways Minister Ashwini Vaishnaw declared that the Chhatrapati Shivaji Maharaj Terminus (CSMT) Railway Station in Mumbai would be redeveloped. In order to strike a balance between historical value and current requirements, the project intends to maintain the station’s legacy while adding contemporary amenities. Old buildings have been removed to make room for new […]
Mumbai’s Coastal Road and Sea-Link Project Nears Finish, Boosting Urban Connectivity
The sea-link and coastal road projects in Mumbai are anticipated to be finished shortly, representing a significant improvement in the city’s infrastructure. This project, which aims to improve coastal connectivity and cut down on travel time, will greatly alleviate traffic congestion by connecting important areas with a sea link and large road networks. In addition […]
Prestige Estates Buys Mumbai Land for Rs 291.6 Cr Housing Project
For Rs 291.58 crore, the real estate company Prestige Estates purchased 22,135 square meters of land in Mumbai to build a home complex. DLF stated in a regulatory filing that the company has purchased 22,135 square meters of land, adjacent to the western motorway, within the jurisdiction of Mumbai’s Mira Bhayandar Municipal Corporation, together with […]
Is Dubai’s growing Real Estate sector following in Mumbai’s footsteps?
With sales of AED 141.9 billion in Q3 2024 and a 43.9 percent YoY rise in the sales value of apartments over Q3 2023 (according to a recent DXB Interact research), Dubai’s real estate market demonstrates stability and development, cementing Dubai’s position as a prominent, secure investment destination. These strong results only illustrate the market’s […]
CREDAI-MCHI President Domnic Romell: “Mumbai’s Real Estate Market Is Booming”
The Mumbai real estate market is seeing an unparalleled rise, with high demand, increased volumes, and growing interest in both commercial and residential properties, CREDAI-MCHI President Domnic Romell (55) noted on Monday. He was attending the ”FPJ Dialogue” event at the FPJ office in Nariman Point. He claimed that there has never been a better […]