SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Mumbai City

R City Mall receives LEED Platinum certification for sustainable operations

16 minutes ago

R City Mall in Mumbai’s Ghatkopar has received LEED Platinum Certification, recognising its performance against global standards for environmental responsibility, operational efficiency and sustainable practices. Developed by Runwal Realty, the 1.2-million-square-foot mall houses more than 350 national and international brands, over 50 dining outlets, a nine-screen multiplex, family entertainment centres and event spaces. The certification comes as sustainability becomes an increasing focus for retail properties and their operations. Runwal Realty said the recognition reflects its efforts to combine environmental practices with retail, dining and entertainment offerings at the destination.Read more

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Paradigm Green Acrres

2 hours ago

Mumbai City, India

Paradigm Green Acrres is an ultra-luxury residential project by Paradigm Realty located in Bandra West, Mumbai, offering spacious 4 and 5 BHK apartments and penthouses. Spanning 0.42 acres, the new-launch development features panoramic sea views, four-side open residences, and possession scheduled for December 2029.

View Website | Visit RERA website

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ACES India signs 25-year agreement with Reliance Jio for 4G and 5G connectivity on Mumbai Metro Aqua Line-3

20 Aug 2026

ACES India Private Limited has signed a 25-year agreement with Reliance Jio to provide 4G and 5G mobile connectivity across Mumbai Metro Aqua Line-3. The arrangement will enable Jio services through telecom infrastructure deployed by ACES India across the 33.5-km underground metro corridor, which has 27 stations between Aarey JVLR and Cuffe Parade. The network is designed for an ultimate capacity of more than 625 million passengers annually. The deployment will cover stations, platforms, concourses and tunnels, supporting voice, high-speed data and other digital services for commuters.Read more

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Land use reservation changed at 17 locations as opposition alleges BMC properties being 'privatised' via PPP model

20 Aug 2026

Opposition corporators clashed with the BJP-led Mahayuti alliance at the BMC General Body meeting over the leasing of civic land under Public-Private Partnership arrangements, alleging that public assets, including the Century Mill plot, CSMT Market and the Worli asphalt plant, were being handed to private developers. Shiv Sena (UBT) demanded the PPP policy be scrapped and a special audit conducted, while the civic administration defended the transactions, citing competitive bidding and rehabilitation guarantees for affected mill workers.Read more

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Arkade Developers adds four Mumbai redevelopment projects with INR 5,000 crore revenue potential

20 Aug 2026

Arkade Developers Ltd has added four redevelopment projects across Mumbai’s western suburbs, with an estimated combined revenue potential of around INR 5,000 crore. The projects are spread across Malad West, Kandivali West, Kandivali East and Borivali West and cover a total land area of 45,204 square metres, or 11.17 acres. Together, the projects are expected to have a saleable carpet area of around 15 lakh square feet. The Borivali West cluster redevelopment is the largest of the four, with an estimated sales potential of INR 3,000 crore. The company has completed 32 projects so far.Read more

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Gadkari highlights 27-year pothole-free record of Mumbai-Pune Expressway

20 Aug 2026

Union Road Transport and Highways Minister Nitin Gadkari has highlighted the condition of the Mumbai-Pune Expressway, saying the road has remained pothole-free nearly 27 years after it was constructed during his tenure as Maharashtra's PWD minister. His comments came amid criticism over damage near the recently completed Missing Link project on the same corridor. Gadkari clarified that the affected Missing Link was a Maharashtra government project and called for greater use of technology to identify road defects before they become major problems. He also stressed the need for infrastructure planning based on long-term requirements rather than immediate needs.Read more

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BMC clears plan to convert Mumbai's only full-sized football turf into exhibition and convention centre

20 Aug 2026

The Brihanmumbai Municipal Corporation's General Body has approved a change in land-use reservation for the Neville D'Souza Football Ground at Bandra Reclamation, converting the 8,450 square metre plot from a "Sports Ground and Playground" to an "Exhibition Centre." The proposal, initiated by land owner MHADA and cleared by the civic body's Improvements Committee in June, has drawn opposition from Congress, Shiv Sena (UBT) and the football community, who argue the ground is Mumbai's last major dedicated football venue. The plan now requires state government clearance.Read more

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Bombay HC orders Charkop pond encroachments cleared in six weeks

20 Aug 2026

The Bombay High Court has directed the Mumbai Suburban district administration to remove encroachments around the Charkop natural pond in Kandivali (West) without showing favour to any person, and to complete the exercise within six weeks after 30 September 2026. The order came after the district collector filed an affidavit outlining joint inspections and statutory notices issued to encroachers. The court, which had earlier warned it could seek the collector's transfer over delayed action, said it would closely monitor compliance to ensure the process was not reduced to a mere formality.Read more

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BMC proposes INR 702-crore underground pedestrian link connecting Mahalaxmi Metro station with Coastal Road

20 Aug 2026

The Brihanmumbai Municipal Corporation (BMC) has proposed an underground pedestrian vestibule costing approximately INR 702.44 crore to connect the Mahalaxmi Racecourse and Science Centre Metro station area with the Coastal Road and Worli Promenade. The proposal, now before the Standing Committee, designates the BMC as primary funding agency while the Mumbai Metropolitan Region Development Corporation (MMRCL) will implement the project. The Congress party has questioned the funding structure, citing the civic body's existing financial liabilities.Read more

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Rustomjee Ozone Skye

20 Aug 2026

Mumbai City, India

Rustomjee Ozone Skye is a new-launch premium residential project by Rustomjee located in Goregaon West, Mumbai, offering luxury 2 and 3 BHK flats starting from INR 2.63 Cr. Spanning 0.3 acres with 128 units, the project features modern amenities like a central green park, 24/7 security, and indoor games, with possession expected by December 2031.

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SAS to resume Mumbai-Copenhagen services with five weekly flights

19 Aug 2026

Scandinavian Airlines (SAS) is set to resume regular services between India and Scandinavia with five weekly non-stop flights connecting Mumbai and Copenhagen. The service, scheduled to begin in October, will be operated using a 226-seat Airbus A330 and will restore the airline’s direct presence in India after its earlier withdrawal from the market. SAS had initially planned to restart the route earlier this year, but its inaugural flight was forced to return to Copenhagen because the required final regulatory approval had not been secured. The renewed service is expected to improve direct connectivity for business and leisure travellers.Read more

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Fire breaks out at Aayakar Bhavan in south Mumbai, 1,500 evacuated

19 Aug 2026

Around 1,500 people were evacuated from Aayakar Bhavan on Maharshi Karve Road in south Mumbai after a fire broke out in the Income Tax Department building on August 17. The blaze originated in the basement of the multi-storey government office, triggering a large-scale emergency response. Mumbai Fire Brigade personnel, along with police, BEST, ambulance services and civic officials, were deployed at the site. Firefighting and evacuation operations continued as authorities worked to contain the blaze and ensure the safety of people inside the building. No injuries were reported.Read more

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Bombay High Court directs Maharashtra FDA to pay INR 5 lakh to Pune sweets shop

19 Aug 2026

The Bombay High Court has directed Maharashtra’s Food and Drug Administration (FDA) to pay INR 5 lakh to Pune-based Gurunanak Dairy and Sweets after the regulator kept the shop’s licence suspended despite a subsequent inspection finding 98 per cent compliance. The court allowed the establishment to resume operations and criticised the FDA for continuing the suspension after the compliance report. The shop had approached the court claiming losses of INR 8.74 lakh following its closure in June. The court said the regulator’s food-safety objective was commendable but its action had gone beyond what was warranted.Read more

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Mumbai Monorail reopening delayed as evacuation plan remains unresolved

19 Aug 2026

The reopening of Mumbai’s Monorail is likely to be delayed further as the Mumbai Metropolitan Region Development Authority (MMRDA) seeks additional safety checks and has yet to finalise an evacuation plan for passengers in case a train becomes stranded. The Chembur–Sant Gadge Maharaj Chowk corridor has remained shut for nearly a year and has already undergone safety testing and received clearance from the Commissioner of Metro Rail Safety. However, MMRDA wants further inspection of the elevated corridor and additional safeguards before passenger services resume. The authority has not announced a revised reopening date.Read more

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K Hospitality and Wagamama enter multi-million-pound joint venture to open 100 restaurants across India over next decade

19 Aug 2026

K Hospitality Corp's restaurant platform, Charcoal Concepts, and UK-based The Restaurant Group have formalised a joint venture to expand the pan-Asian dining chain Wagamama across India. The partnership targets at least 100 outlets over the next ten years and was announced alongside the opening of Wagamama's fourth Indian restaurant in Mumbai. One report places the investment at INR 550 crore. The move builds on the brand's debut Indian outlet in Churchgate, Mumbai, which opened roughly a year earlier and outperformed initial expectations, prompting the scaled-up partnership.Read more

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Navi Mumbai airport receives first international freighter from Hong Kong

19 Aug 2026

Navi Mumbai International Airport (NMIA) has received its first international freighter, marking another step in the expansion of its cargo operations. The Hong Kong Air Cargo-operated Airbus A330-200F arrived from Hong Kong carrying around 60 tonnes of import and export shipments. The carrier will operate three weekly services, resulting in six weekly cargo air traffic movements between the two cities. NMIA is also preparing for 13 additional freighter services connecting it with major markets across Asia, Europe and West Asia. The expansion comes as cargo operations at Mumbai airport face a planned suspension of dedicated freighter flights.Read more

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BMC panel approves 15-acre Mulund plot lease for Dharavi redevelopment project

Mumbai News Desk

19 Aug 2026

The Brihanmumbai Municipal Corporation’s Improvement Committee has approved the lease of about 15 acres of reclaimed land at the former Mulund dumping ground to Navbharat Mega Developers Pvt Ltd, the special purpose vehicle implementing the Dharavi Redevelopment Project. The five-year lease will allow the company to establish a casting yard, precast element manufacturing facility and ready-mix concrete plant for the redevelopment works. The proposal had earlier faced objections over environmental and civic concerns, but was cleared by the panel on August 14 following further consideration. The BMC is expected to receive about INR 103.47 crore in gross rent.Read more

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BMC panel approves 30-year lease of Century Mills plot to Peddar Realty for INR 1,321 crore

Mumbai News Desk

19 Aug 2026

The Brihanmumbai Municipal Corporation’s Improvement Committee has approved a 30-year lease of about 25,543 sq m of its Century Mills land in Lower Parel to Peddar Realty Ltd for redevelopment at a consideration of INR 1,321 crore. The agreement includes an option to extend the lease by another 30 years. The proposal concerns an existing mill workers’ colony comprising 23 buildings, 476 residential tenements and 10 shops. Eligible occupants are to be rehabilitated as part of the redevelopment. The approval faced opposition from Shiv Sena (UBT) and Congress members over the terms and proposed use of the civic land.Read more

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Kalpataru Elaara

19 Aug 2026

Mumbai City, India

Kalpataru Elaara is a premier residential new launch in Bangur Nagar, Goregaon West, Mumbai, offering modern 2 and 3 BHK apartments spread across 2.37 acres. Developed by Kalpataru Limited, the project features state-of-the-art amenities with possession scheduled for May 2030.

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Lodha Developers plans 21 housing launches worth INR 24,000 crore by March

18 Aug 2026

Lodha Developers plans to launch 21 housing projects by March 2027, with an estimated revenue potential of INR 24,000 crore, as the developer prepares a larger project pipeline across key markets. The company’s planned launches include seven new projects spanning 5.9 million sq. ft. across the Mumbai Metropolitan Region, Delhi-NCR, Pune and Bengaluru, with a combined revenue potential of INR 9,850 crore. It will also introduce new phases across 14 existing projects covering 9.7 million sq. ft. and carrying an estimated revenue potential of INR 14,210 crore. The planned launches are intended to support the company’s INR 24,000-crore sales bookings target for FY2026-27. Lodha recorded sales bookings of INR 4,630 crore in the April-June quarter, while net profit doubled year-on-year to INR 1,373.1 crore.Read more

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