Mumbai’s Slum Coverage Shrinks 8.6% Over 17 Years, New Study Finds
A new analysis found that between 2005 and 2022, the amount of land covered by slums in the Mumbai region decreased by 8.6% or 4.1 square kilometres. That’s around 4.5 times the size of the Mahalaxmi Racecourse. The study discovered that the area covered by slums in estuarial Mumbai — Greater Mumbai and Thane city […]
Mumbai Real Estate: Big Developers Transform Slum-Bay into Luxe-Bay
Piramal Mahalaxmi is a high-end housing project that features luxurious apartments with panoramic views of the Mahalaxmi racecourse and the Arabian Sea. The 2, 3, and 4 BHK flats in three towers promise a “lifestyle filled with luxury, comfort, and extravagance”. Piramal Mahalaxmi is also Mumbai’s tallest slum redevelopment project, managed by the state’s Slum […]
Mumbai Coastal Road’s Final Bridge Span Connects
The final bridge span of Mumbai’s coastal road project will be joined, marking a huge step forward in the city’s infrastructural development. Once completed, this bridge will connect the new coastal road to the Bandra-Worli Sea Link, increasing connectivity and lowering traffic congestion on one of Mumbai’s busiest routes. This coastal road project, which comprises […]
SCLR Extension to Ease Mumbai Commutes by January 2025
The much-anticipated extension of Mumbai’s Santacruz-Chembur Link Road (SCLR) will be completed in January 2025. This large infrastructure project intends to improve communication between the city’s eastern and western regions. The extension will improve traffic flow, reduce commuter travel time, and relieve congestion in adjacent neighbourhoods. The new link spans a significant distance and will […]
How Mumbai’s Santacruz-Chembur Link Road Extension Boosts Key Connectivity
Mumbai commuters have reason to cheer as the much-anticipated Santacruz-Chembur Link Road (SCLR) Extension project nears completion. This critical infrastructure effort is intended to increase connectivity and transport efficiency across the city. With only 100 metres of suspension bridge left to build, the SCLR Extension is nearing completion. This last stretch is part of a […]
House of Hiranandani to Invest Rs 12,500 Cr in Mumbai
House of Hiranandani said on Tuesday that it will invest Rs 12,500 crore over the next two years to construct several Mumbai Metropolitan Region (MMR) projects. According to a statement, the business plans to invest Rs 12,500 crore in five MMR projects. The investments, funded by equity and internal accruals, will cover the cost of […]
Runwal Acquires Mumbai Land Parcel from Nerolac Paints for Rs. 726 Crore
Kansai Nerolac Paints, an Indian paint manufacturing company, has confirmed the sale of its property in Mumbai’s Lower Parel to real estate firm Runwal Realty. The sale, which includes a plot of land and a building, is worth Rs 726 crore. “This is further to our letter dated 26th December 2023 informing that the Board […]
Mumbai’s Water Supply Boost: BMC Plans Water Mains in GMLR Tunnels
In a unique boost to the city’s water network, the Brihanmumbai Municipal Corporation (BMC) plans to build two 1,800 mm water pipelines inside the twin tunnels being built as part of the Goregaon Mulund Link Road (GMLR) project. While improving east-west connection in the city, the country’s largest TBM tunnels will be removed to make […]
Work Commences on Mumbai-Goa Marine Superhighway Project
The Mumbai-Goa Marine Superhighway project, which aims to alter traffic between the two coastal cities, has begun construction. This ambitious project, estimated to cost Rs 26,000 crore, aims to increase connectivity, encourage economic growth, and provide a viable alternative to driving. By constructing a marine highway, the project will make it easier to transport people […]
Mumbai Records 5,000+ Property Registrations in Navratri 2024, Up 13.2% YoY
Mumbai city had 5,199 property registrations during the nine days of Navratri, from October 3 to 11, 2024, representing a 13.2% year-on-year (YoY) increase over the 4,594 units registered in Navratri 2023. The state exchequer earned a total of Rs 502 crores from these registrations. Also, the daily average property registration rate climbed from 510 […]