11 May 2026

The Maharashtra government has moved ahead with the Mumbai Water Metro project aimed at reducing congestion across Mumbai and the wider metropolitan region through an expanded urban water transport network. The Maharashtra Maritime Board has signed an MoU with Norway-based maritime technology firm Hyke AS to support vessel deployment and explore shipbuilding opportunities in the state. The project’s detailed plan includes upgrading 24 existing terminals and developing 21 new terminals across multiple coastal and creek routes within the Mumbai Metropolitan Region.Read more

11 May 2026

The Bombay High Court has heard a writ petition filed by Techno Freshworld LLP challenging a stop-work notice issued by the Maharashtra Housing and Area Development Authority (MHADA) in connection with a redevelopment project at Adarsh Nagar, Worli, Mumbai. The dispute centres on whether a No Objection Certificate (NOC) from the Indian Navy was mandatory for the redevelopment, which includes a rehabilitation building for 72 families and a sale component. MHADA halted construction and withheld the Occupation Certificate after the Navy objected to the project’s proximity to INS Trata. The developer argued that the project had received multiple approvals between 2022 and 2025 and fell outside the 50-metre restriction introduced under a 2022 Ministry of Defence circular. The Navy contended that the project was within 500 metres of the defence establishment and raised national security concerns linked to high-rise construction near operational naval facilities.Read more

10 May 2026

Sattva Group has launched its first residential project in Mumbai, Sattva Sumera, a redevelopment scheme in Parel with an estimated gross development value of INR 5,500 crore. The two-acre project will feature twin high-rise towers with over 20 lakh sq ft development potential and around 500 units in the first phase. Offering 2 and 3 BHK configurations, the project is positioned within a well-connected central corridor benefiting from infrastructure upgrades such as the Sewri–Worli Connector and Metro Line 11. The launch marks the developer’s entry into Mumbai’s redevelopment-driven housing market.Read more

10 May 2026

Marathon Realty has recorded sales of 100 residential units valued at approximately INR 60 crore within three days of launching a new tower, NeoValley Narmada, at its NeoHomes project in Bhandup, Mumbai. The development offers studio, 1 BHK and 2 BHK units ranging from 191 sq ft to 476 sq ft. Buyer data indicates that nearly 80% of purchasers are first-time homeowners, with limited investor participation. The project’s location benefits from connectivity via Central Railway, LBS Marg, Eastern Express Highway, and the upcoming Metro Line 4, reflecting continued end-user demand for compact housing within city limits.Read more

10 May 2026

Eviction of residents at Haji Noorani Chawl in Prabhadevi has commenced, clearing the final obstacle for the 4.5-km Sewri–Worli elevated corridor being implemented by the Mumbai Metropolitan Region Development Authority. The process follows prolonged negotiations over rehabilitation and compensation, which had delayed construction near the Elphinstone bridge stretch. With most tenants vacating, authorities are preparing the site for demolition and construction. The project is expected to improve east–west connectivity in Mumbai, reduce congestion on key arterial roads, and accelerate progress on a critical missing link in the city’s transport network.Read more

10 May 2026

Ashar Group has obtained Occupation Certificates (OCs) for two redevelopment projects—Ashar Arize in Kalwa, Thane and The Legend by Ashar in Pali Hill, Bandra—around 20 months ahead of their respective RERA deadlines. The developments together account for over 1,200 residential units delivered in the Mumbai Metropolitan Region. The early completion comes amid data indicating that over 40% of under-construction housing projects in the region face delays. The milestone reflects execution timelines in the redevelopment segment, which forms a significant share of new housing supply but is often associated with regulatory and construction complexities.Read more

Vivek Mohanani, CEO and Managing Director of Ekta World

09 May 2026

Linking Road in Mumbai’s western suburbs is witnessing increased attention from commercial developers, driven by its location across Bandra, Khar and Santacruz, proximity to Bandra-Kurla Complex, and sustained consumer footfall. The four-kilometre stretch, historically known for street retail, is now emerging as a high-value commercial corridor supported by redevelopment potential and evolving consumption patterns. Ageing low-rise structures along the stretch present opportunities for vertical, mixed-use developments combining retail and office spaces. Improved connectivity and planned infrastructure upgrades are further strengthening its positioning within Mumbai’s commercial landscape. Market trends indicate steady property value appreciation and growing interest in cluster redevelopment, as developers look to optimise land use and enhance returns in one of the city’s supply-constrained urban corridors.Read more

08 May 2026

The reconstruction of Hancock Bridge in Mazgaon, Mumbai, has remained incomplete for nearly a decade after the original structure was demolished, with key approach roads still pending. The Brihanmumbai Municipal Corporation has recently moved to resolve long-standing hurdles, including land acquisition and utility clearances, to fast-track the remaining work. While the main bridge structure has largely been built, the absence of functional access roads has rendered it unusable. Civic officials indicated that coordinated efforts are underway to complete the project, which is critical for easing connectivity between Mazgaon and surrounding areas, including Byculla and Dockyard Road. The prolonged delay has raised concerns over infrastructure execution and project coordination within the city.Read more

08 May 2026

Bombay High Court has ruled that authorities cannot insist on obtaining a no-objection certificate (NOC) from defence establishments at a belated stage after construction has substantially progressed under approved plans. The court directed authorities to issue an occupancy certificate for two residential buildings near INS Trata in Worli, Mumbai, while holding that the late insistence on a defence NOC was arbitrary and legally unsustainable. The ruling came in response to a petition filed by Techno Freshworld LLP against stop-work notices and denial of occupancy certification by MHADA. The judgment is expected to have implications for redevelopment and real estate projects located near defence establishments, particularly in dense urban areas such as Mumbai.Read more

08 May 2026

The Maharashtra government has proposed relaxing parking requirements for additional built-up space in key commercial blocks of Bandra Kurla Complex (BKC). The draft allows up to a 50% reduction in parking norms for existing and under-construction buildings in ‘E’ and ‘G’ blocks, subject to space constraints. The move aims to unlock unused development potential in one of Mumbai’s prime business districts. While industry bodies have welcomed the step, concerns remain about added traffic pressure in an already congested area without parallel infrastructure upgrades.Read more

08 May 2026

A suburban rail blockade at Virar station earlier this week brought attention to recent service changes announced by Western Railway, including the conversion of multiple non-AC trains into air-conditioned (AC) services and the augmentation of 12-coach trains to 15-coach formations. The changes, scheduled for implementation from mid-May, include the introduction of 12 additional AC services and the upgrade of 17 existing suburban trains. While aimed at increasing capacity from 227 to 244 services and improving commuter comfort, the move has reduced the availability of non-AC trains during peak hours on the Virar–Churchgate corridor. This triggered protests by daily passengers, who entered the tracks during the morning rush, citing affordability concerns and overcrowding in remaining general services.Read more

07 May 2026

A 19-year-old construction worker died after being hit by a steel frame during work at the Sewri–Worli Connector project in Mumbai. The accident happened while heavy iron structures were being lifted using a crane, pointing to possible lapses in handling and supervision. Police have filed a case against the crane operator and site supervisor for negligence. The incident comes amid multiple recent accidents across infrastructure projects in the Mumbai Metropolitan Region, raising continued concerns about worker safety and on-site monitoring standards.Read more

Mumbai News Desk

07 May 2026

The Bombay High Court has upheld the ownership of a 205-acre land parcel in Bhayandar, Thane, held by a subsidiary of Valor Estate Ltd, dismissing an appeal filed by the Union of India’s Salt Department. The ruling, delivered in the past week, confirms a 2018 civil court judgment in favour of Miraland Developers and brings closure to a dispute spanning over 40 years. The land, located within the Mira Bhayandar Municipal Corporation limits, had been under litigation across multiple forums. The decision provides legal clarity over the asset, which had remained under dispute due to competing claims linked to historic salt pan usage and government ownership assertions.Read more

Mumbai News Desk

07 May 2026

Residents of Dharavi staged a protest in the past week against a clause in the ongoing redevelopment plan that disqualifies individuals owning a second home from availing housing benefits. Around 250 people participated in the demonstration, raising concerns over eligibility criteria linked to ownership outside Dharavi. The provision affects residents seeking inclusion in the redevelopment scheme valued at approximately INR 96,000 crore. Stakeholders have argued that the clause could exclude long-time occupants and families with evolving housing needs, prompting demands for a revision of the eligibility framework.Read more

07 May 2026

CREDAI-MCHI organised its first exclusive Property Expo for channel partners at the Jio World Convention Centre in Mumbai, bringing together more than 5,000 channel partners, 48 associations and over 50 developers. The initiative was launched to recognise the growing contribution of channel partners, who currently influence nearly 50-60% of residential sales across the Mumbai Metropolitan Region. Industry leaders highlighted the importance of transparency, trust and direct engagement in today’s real estate market. The event also reflected the increasing scale of the brokerage ecosystem across Mumbai, Pune and Nashik, while underlining the sector’s long-term growth potential driven by housing demand, redevelopment and infrastructure expansion.Read more

07 May 2026

The Brihanmumbai Municipal Corporation (BMC) is considering re-tendering a BEST-owned plot in Ghatkopar after objections were raised over leasing the land at rates below prevailing market levels. The proposal, discussed in the past week, drew opposition from Shiv Sena (UBT) members within the BEST committee, who questioned the financial prudence of the deal. The land parcel had been proposed for lease at INR 33.4 lakh per year, significantly lower than market benchmarks. The development highlights governance concerns around public land monetisation and could delay commercial utilisation of the site.Read more

Mumbai News Desk

07 May 2026

Reliance Industries Limited (RIL) has purchased a luxury triplex apartment in Mumbai’s Bandra Kurla Complex (BKC) for INR 120 crore, marking one of the notable high-value residential transactions in the past week. The apartment, located in the Signature Island complex at Bandra East, spans over 16,000 sq ft across the 15th to 17th floors. The deal, registered in April, was executed through a joint acquisition from the developer, Sunteck Realty, and a private entity. The transaction reflects sustained demand for ultra-luxury residences in Mumbai’s prime business districts, where limited inventory and strong corporate interest continue to support high capital values.Read more