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3 hours ago
The Bombay High Court has directed the Maharashtra government to submit details of inspections conducted by the Food and Drug Administration (FDA) at canteens and food establishments operated by government and semi-government institutions. The direction came while the court reviewed food safety enforcement practices, observing that regulatory standards should apply equally to both public and private establishments. The matter is expected to influence future monitoring and compliance mechanisms for institutional kitchens and public food facilities across the state.Read more
4 hours ago
The Securities and Exchange Board of India (Sebi) has introduced the operational framework for GARUDA, a green channel mechanism aimed at simplifying and accelerating the launch of Alternative Investment Fund (AIF) schemes. The framework allows regular AIF schemes to be launched after a shorter processing timeline while creating a separate, simplified route for Accredited Investor-only funds, Large Value Funds and Angel Funds. Sebi has also strengthened disclosure requirements by defining the responsibilities of merchant bankers and AIF managers, while making it clear that filing a scheme document does not amount to regulatory approval.Read more
8 hours ago
Reliance Infrastructure has received an arbitral award of approximately INR 157 crore in a dispute related to debt servicing for Mumbai Metro Line 1. The award pertains to claims arising from financial obligations associated with the metro project and is expected to strengthen the company's financial position. While the arbitration has concluded in Reliance Infrastructure's favour, the matter could still be subject to further legal proceedings under the applicable arbitration framework.Read more
12 hours ago
02 Aug 2026
The Navi Mumbai Municipal Corporation (NMMC) has intensified city-wide cleanliness and public awareness campaigns under the 'Safai Apnao, Bimari Bhagao' and 'Catch the Rain' initiatives as part of the Swachh Survekshan 2025–26 programme. The special drives, being conducted from 16 to 31 July 2026 under the guidance of Municipal Commissioner Dr Kailas Shinde, focus on improving sanitation at railway stations, highways, slum areas, villages, water bodies and public toilets. Joint campaigns by the Solid Waste Management and Health Departments have also targeted mosquito prevention and public health awareness, while educational institutions and residential societies have been engaged to promote waste segregation, rainwater harvesting and plastic waste reduction.Read more
02 Aug 2026
The Yamuna Expressway Industrial Development Authority (YEIDA) has initiated the land acquisition process for the proposed New Noida township by issuing notifications offering 410% additional compensation to landowners in six villages of Gautam Budh Nagar. The acquisition follows approval from the Uttar Pradesh government and marks the first phase of securing land for the industrial city planned across Gautam Budh Nagar and Bulandshahr districts. Conceived as an integrated manufacturing and logistics hub linked to the Noida International Airport, the township will accommodate industrial, commercial and residential development. The phased acquisition is expected to support the state's long-term strategy of expanding industrial infrastructure and attracting investments to the Yamuna Expressway region.Read more
01 Aug 2026
Waaree Energies reported a 15.39 per cent year-on-year increase in its consolidated net profit for the first quarter of FY27, supported by a sharp rise in revenue and higher production. The company also recorded strong order inflows during the quarter, taking its total order book to a record INR 61,500 crore. Along with continued growth in its core solar manufacturing business, Waaree said its newer business segments have started contributing to revenue, strengthening its growth outlook across domestic and international markets.Read more
01 Aug 2026
The Navi Mumbai Municipal Corporation (NMMC) carried out demolition action against six unauthorised constructions in the Airoli ward earlier this week, continuing its enforcement drive following the removal of 13 illegal structures a day earlier. The action was undertaken under Section 54 of the Maharashtra Regional and Town Planning (MRTP) Act, 1966, after notices were issued to property owners for unauthorised construction. The demolition drive forms part of the civic body's compliance with directions linked to a Public Interest Litigation (PIL) and an appeal issued by the Municipal Commissioner. The operation was carried out with demolition equipment, municipal staff, labourers and police protection.Read more
01 Aug 2026
The factors influencing residential values in Mumbai's luxury redevelopment market are evolving as large-scale infrastructure projects reshape the city's residential landscape. While location remains important, improved connectivity, integrated neighbourhoods, project design, sustainability and lifestyle amenities are increasingly influencing buying decisions. Premium redevelopment projects are gaining momentum as they combine modern housing with established social infrastructure, while government-led transport investments are expanding the appeal of emerging residential corridors. As homebuyers adopt a more comprehensive approach to evaluating properties, long-term liveability, operational efficiency and environmental performance are becoming important considerations alongside traditional location-based value.Read more
01 Aug 2026
Lashkaria Group has announced that its luxury residential project, Lashkaria Indrasukh, in Andheri West, Mumbai, has entered the final stage of construction. Located around 650 metres from Versova Metro Station, the development comprises two residential towers offering 2 and 3 BHK Sky Deck Residences. The project includes 780 sq ft RERA carpet area 2 BHK units and 1,100 sq ft 3 BHK units, along with a range of lifestyle amenities and connectivity to key social and transport infrastructure. According to the developer, the project has witnessed interest from both end-users and investors and is expected to strengthen its residential portfolio in Mumbai's western suburbs upon completion.Read more
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01 Aug 2026
The Navi Mumbai Municipal Corporation (NMMC) participated in the Maharashtra Government's Chhatrapati Shivaji Maharaj Mahaswa Samadhan Abhiyan by setting up information stalls on more than 50 civic welfare schemes under its Social Development Department. The outreach camps were organised between 22 July and 2 August 2026 across Assembly constituencies to improve access to government services and welfare programmes. In Navi Mumbai, camps were held at Ghansoli and Nerul, where residents received information on municipal initiatives alongside government certificates issued by the Thane District Collectorate and Revenue Department. The initiative forms part of a broader state effort to extend public welfare services to a larger section of citizens.Read more
01 Aug 2026
The Navi Mumbai Municipal Corporation (NMMC) carried out a partial demolition of an unauthorised construction at Plots 118, 119 and 120 in Sector 2B, Airoli, during the past week as part of its ongoing drive against illegal developments. The action was undertaken under the directions of the Municipal Commissioner and senior civic officials after the developers allegedly continued construction despite receiving a statutory notice under Section 54 of the Maharashtra Regional and Town Planning Act, 1966, earlier this year. The demolition was executed by the civic body's encroachment department with the support of labourers, demolition machinery, police personnel and other equipment. The corporation stated that similar enforcement drives against unauthorised constructions across its jurisdiction will continue.Read more
31 Jul 2026
The Brihanmumbai Municipal Corporation (BMC) has revived plans to develop a golf course on the reclaimed Mulund landfill after a proposal to lease part of the site for the Dharavi Redevelopment Project was deferred. Civic authorities are now moving ahead with a feasibility assessment to examine the site's suitability for recreational infrastructure while continuing to evaluate future land-use options. The development reflects Mumbai's ongoing efforts to repurpose reclaimed landfill land through sustainable urban planning.Read more
31 Jul 2026
A special court in Mumbai has acquitted builder Chaitanya Laxmidas Vora in a 44-year-old case involving alleged manipulation of land measurement records to secure additional Floor Space Index (FSI) benefits. The court held that the prosecution failed to establish the charges due to insufficient evidence, the absence of key witnesses and the inability to produce original revenue records or prove document forgery. The alleged offence related to changes made to the recorded area of a Vile Parle property between 1980 and 1982, while the First Information Report (FIR) was registered only in 1992 and the chargesheet was filed in 2016. The trial commenced this year, by which time several accused and witnesses had died or were untraceable.Read more
31 Jul 2026
The Brihanmumbai Municipal Corporation (BMC) has approved the removal of 126 trees for a slum rehabilitation project in Powai, enabling the construction of more than 4,000 rehabilitation homes for project-affected families. The clearance forms part of a larger set of approvals granted for infrastructure and redevelopment projects across Mumbai. Civic authorities have said the project will follow environmental safeguards, including compensatory plantation and tree transplantation wherever feasible.Read more
31 Jul 2026
Smartworks Coworking Spaces Limited has leased approximately 182,300 sq ft at The Square, a commercial office development by Lloyds Realty Developers in Andheri East, Mumbai. The transaction increases Smartworks' managed office portfolio in Mumbai beyond 2 million sq ft, reinforcing the company's expansion strategy in one of India's largest office markets. The addition is expected to cater to growing enterprise demand for managed workspaces while strengthening the city's premium commercial real estate ecosystem.Read more
31 Jul 2026
30 Jul 2026
The Brihanmumbai Municipal Corporation (BMC) has deferred a proposal to lease around 15 acres of reclaimed land at the Mulund dumping ground for the Dharavi Redevelopment Project after civic members raised environmental concerns. The site has been identified for temporary construction support facilities, but the civic body has sought additional technical clarifications before granting approval. The development highlights the growing emphasis on balancing large-scale urban redevelopment with environmental compliance and sustainable land-use planning.Read more
30 Jul 2026
The Mumbai Metropolitan Region Development Authority (MMRDA) has completed and opened the final Bharat Diamond Bourse (BKC)-Vakola arm of the Santacruz-Chembur Link Road (SCLR), creating a continuous 10.88-km signal-free east-west corridor across Mumbai. The project integrates multiple elevated connectors, bridges and carriageways linking the Eastern and Western Express Highways through key commercial and residential hubs. The completed corridor is expected to reduce congestion, improve travel efficiency and strengthen connectivity across the Mumbai Metropolitan Region.Read more
30 Jul 2026
The Bombay High Court has set aside money laundering proceedings initiated against D B Realty Limited and its Managing Director, Vinod Goenka, holding that the Prevention of Money Laundering Act (PMLA) case could not continue in the absence of a valid scheduled offence. The court ruled that once the predicate offence had ceased to exist, the enforcement proceedings based on it were unsustainable. The judgment clarifies the legal relationship between scheduled offences and money laundering prosecutions under the PMLA.Read more
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