Maharashtra Signs 19 MoUs Worth Rs 14.5 Lakh Crore, Promises Over 15 Lakh Jobs at WEF 2026
The Maharashtra government on Monday, January 19, 2026, signed 19 Memorandums of Understanding (MoUs) with investment commitments totalling Rs 14.5 lakh crore, expected to generate over 15 lakh jobs across sectors. The agreements were signed during the first day of the World Economic Forum Annual Meeting in Davos. The MoUs span diverse sectors such as […]
Metro Line 8 to Connect CSMIA with Navi Mumbai International Airport
The state government, through CIDCO, has finalised the alignment for Metro Line 8, connecting Chhatrapati Shivaji Maharaj International Airport (CSMIA) with the Navi Mumbai International Airport (NMIA). The corridor will create the first continuous internal metro network across multiple Navi Mumbai suburbs, with 11 stations planned within city limits. After crossing the Vashi Creek bridge […]
How Navi Mumbai Is Evolving From Satellite City To Self-Sustained Metropolis
November 13, 2025: Spread across 344 square kilometres—three times the size of Paris—Navi Mumbai stands as the world’s largest planned city and a rare example of urban design keeping pace with growth. Conceived in the 1970s by Maharashtra’s planning agency CIDCO, it was envisioned as a counterbalance to an overburdened Mumbai—meant to decongest, decentralise jobs, […]
CIDCO’s Rs 2,125 Crore Kharghar Land Deal Sets New Benchmark In Navi Mumbai’s Infra Growth
November 08, 2025: In a historic milestone, the City and Industrial Development Corporation (CIDCO) has recorded its highest-ever land sale, auctioning a premium 41,994 sq. m. plot in Kharghar’s Sector 23 for Rs 2,125 crore through an e-auction. The plot was purchased by developer Aakar Astron, which emerged as the top bidder with an offer […]
SRA Embraces Technology To Fast-Track Redevelopment And Build A Slum-Free Mumbai
October 31, 2025: In a major reform push, the Slum Rehabilitation Authority (SRA) has adopted a series of technology-driven measures to accelerate long-delayed redevelopment projects and move closer to its goal of a slum-free Mumbai. Led by CEO Dr. Mahendra Kalyankar, the SRA’s new initiatives aim to boost transparency, reduce approval delays, and rebuild trust […]
Six Global Architecture Firms In Race To Design Mumbai’s Coastal Road Gardens
October 28, 2025: Six leading international architecture firms have been shortlisted to design and landscape the Mumbai Coastal Road Gardens. This ambitious project will transform 53 hectares (130 acres) of reclaimed land into verdant public spaces along the city’s western seafront. Nearly a year after the Brihanmumbai Municipal Corporation’s (BMC) flagship Coastal Road was opened […]
Mumbai Metro’s Multimodal Integration Project To Boost Connectivity And Sustainable Mobility
October 25, 2025: The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated a USD 15.5 million project to enhance connectivity across the city through multimodal transport hubs along Metro Lines 4 and 4A. The contract for the project has been awarded to Dev Engineers–PRS Infra JV, with completion expected within 540 days. The multimodal integration […]
MMRDA To Adopt CIDCO And MIDC Land Acquisition Models For Third Mumbai Development
October 24, 2025: The Mumbai Metropolitan Region Development Authority (MMRDA) is set to replicate the land acquisition frameworks used by the City and Industrial Development Corporation (CIDCO) and Maharashtra Industrial Development Corporation (MIDC) for the proposed Third Mumbai, officially known as the Karnala-Sai-Chirner (KSC) New Town. The project, spread across 323.44 sq km, will cover […]
‘Bandra Bay’ Set To Emerge As Mumbai’s Rs 1 Lakh Crore Luxury Waterfront Destination
October 17, 2025: Mumbai’s western coastline is poised for a major transformation with the unveiling of the ‘Bandra Bay’ project — projected to drive over Rs 1 lakh crore in luxury real estate development and create nearly 8 million sq. ft. of premium residential and retail space. The findings, detailed in a report titled ‘Why […]
CIDCO Fast-Tracks 667-Acre Aerocity Project Near Navi Mumbai Airport
October 07, 2025: The City and Industrial Development Corporation (CIDCO) is set to finalise the master plan for the 667-acre Navi Mumbai Aerocity within the next three months, according to an official quoted by The Economic Times. The proposed urban hub, located adjacent to the upcoming Navi Mumbai International Airport (NMIA), will feature a mix […]