BMC Struggles To Attract Bidders For Mumbai Tunnel Connectivity Project
The Brihanmumbai Municipal Corporation (BMC) is facing challenges in securing a consultant for its multimodal tunnel connectivity project, aimed at alleviating Mumbai’s traffic congestion. Despite holding pre-bid meetings where interested firms raised numerous queries, no bids have been submitted thus far. An official associated with the project noted that such delays are common in large-scale […]
Mumbai-Pune Expressway Expansion Put On Hold Amid Funding Priorities
The Maharashtra State Road Development Corporation (MSRDC) has temporarily halted the proposed Mumbai-Pune Motorway enlargement in order to focus on other significant infrastructure projects because of budgetary limitations. Following Wednesday’s budget assembly session, senior officials affirmed that the expansion plan was not even brought up. While the project remains a priority, MSRDC has chosen to […]
BMC’s Next Phase for Mumbai’s Textile Museum Focuses on Parking & Infrastructure
The Brihanmumbai Municipal Corporation (BMC) has launched the tender process for the second phase of renovating India United Mill 2 and 3 in Kalachowki into a textile museum. The enormous project, stretching across 32,000 square meters, was first proposed in 2019 with an estimated cost of Rs 200 crore and was originally slated for completion […]
Raymond Eyes Rs 10,000 Cr Growth Via JDAs In Mumbai
With ongoing projects worth Rs 10,000 crore, Raymond Ltd. is using the capital-efficient Joint Development Agreement (JDA) approach to propel expansion in Mumbai’s real estate market. The CEO of Raymond’s real estate business, Harmohan Sahni, claims that the company has obtained five JDAs in strategic areas like Mahim, Bandra, and Sion. Speaking to NDTV Profit, […]
Maharashtra To Introduce Cluster-Based Self-Redevelopment Policy For Housing Societies
Chief Minister Devendra Fadnavis of Maharashtra has declared his intention to expedite the redevelopment of housing societies throughout the state by implementing a cluster-based self-redevelopment program. Speaking on Sunday, March 23, Fadnavis emphasised that the administration has already put 18 important measures promoting self-redevelopment into effect and that additional projects are planned. Drawing inspiration from […]
Ajmera Realty Secures Redevelopment Project In Andheri West, Eyes Rs 320 Cr Revenue
The Ascot Co-operative Housing Society in Shastri Nagar, Andheri West, Mumbai, has had its rehabilitation contract awarded to Ajmera Realty & Infra India Ltd (ARIIL). With a projected carpet size of roughly 71,300 square feet and a total area of 2,319 square meters, the project is anticipated to bring in nearly Rs 320 crore in […]
Mumbai Coastal Road To Extend To Dahisar, BMC Seeks Public Feedback
A major extension from the previous design, which only went as far as Bangur Nagar in Goregaon, the Mumbai Coastal Road project is now scheduled to reach Dahisar in its northern extension. The Brihanmumbai Municipal Corporation (BMC) has published a notice to the public, asking for comments and objections within 30 days in order to […]
Mumbai-Ahmedabad Bullet Train: A Game-Changer For Infrastructure & Economy
The Mumbai-Ahmedabad Bullet Train project is expected to significantly boost urban development and regional growth while transforming Ahmedabad’s infrastructure and economy. This high-speed rail project, which will seamlessly connect important cities, aims to modernise metropolitan areas, attract investment, and increase commercial prospects in addition to enhancing mobility. Ahmedabad is uniquely positioned to benefit from this […]
India’s First Hyperloop To Revolutionise Travel Between Mumbai & Pune
With the launch of its first Hyperloop train, which will link Mumbai and Pune, India is poised for a revolution in transportation. Compared to the current 3–4 hours it takes for traditional trains to travel between the two cities, this state-of-the-art transit system is predicted to decrease that time down to just 25 minutes. Operating […]
Mumbai’s Redevelopment Boom Faces Challenges Despite Rs 3 Lakh Crore Opportunity
The lack of greenfield land has made redevelopment the primary method used by Mumbai’s real estate developers to get land. According to market observers, one in three new launches in Mumbai come from redevelopment projects, which include housing societies, MHADA structures, and slums. These projects represent a potential of Rs 3 lakh crore. Nevertheless, despite […]