4 hours ago
The National Institute of Construction Management and Research (NICMAR) concluded the inaugural Bharat Nav-Nirmaan Challenge 2025–26 with its National Grand Finale in Mumbai, bringing together finalists from IIT Delhi, Maturi Venkata Subba Rao Engineering College and Pimpri Chinchwad College of Engineering. The nationwide infrastructure innovation competition, supported by the All India Council for Technical Education (AICTE), engaged more than 20,000 students from over 500 institutions. Pimpri Chinchwad College of Engineering secured the national title and a prize package valued at INR 30 lakh. The event also featured an Industry-Academia Conclave focusing on collaboration, technology adoption and talent development to support India's infrastructure sector and the long-term vision of Viksit Bharat 2047.Read more
8 hours ago
Construction has resumed at the 9-acre Majaswadi Sarvodayanagar redevelopment project in Jogeshwari East after the final occupants vacated the site, ending a 17-year delay that had stalled the MHADA redevelopment scheme. The project, comprising 576 MHADA tenements, was previously undertaken by Acme Realties before insolvency proceedings halted development. Following approval by the National Company Law Tribunal (NCLT), Mantra Group assumed responsibility for completing the redevelopment, including homes for remaining tenants and two partially completed sale towers. The company has also secured an investment of INR 340 crore from ASK Property Fund to support the project's revival, with construction now underway across the fully cleared site.Read more
14 hours ago
Enlite, a Mumbai-based deep-tech company specialising in intelligent infrastructure systems, has secured its second Indian patent for a cloud-based configuration system designed for building management controllers. Announced on 7 July, the patent covers a centralised framework that enables remote configuration, testing and deployment of controllers, replacing conventional site-based processes. The technology is intended to simplify commissioning and operation of intelligent buildings by reducing manual intervention, shortening deployment timelines and supporting consistent management across multiple locations. It also incorporates remote maintenance, version control and real-time synchronisation, making it suitable for commercial buildings, airports, hospitals, educational institutions, hospitality assets, industrial facilities and data centres.Read more
15 hours ago
• The Maharashtra government has submitted a INR 13,000-crore integrated flood-control plan to the Centre to tackle Mumbai's recurring monsoon flooding and improve the city's long-term climate resilience.
• The proposed project aims to address 370 chronic flooding hotspots, with the objective of draining accumulated rainwater within 30 minutes, even during periods of high tide.
• The plan includes major upgrades to the stormwater drainage network, advanced flood management systems and infrastructure interventions to reduce waterlogging across the city.
• Chief Minister Devendra Fadnavis said the project forms part of a broader strategy to strengthen Mumbai's urban infrastructure and improve resilience against increasingly intense rainfall events.Read more
10 Jul 2026
An Air India flight bound for Delhi aborted its take-off at Mumbai airport after air traffic control instructed the crew to stop when an Air India Express aircraft had not yet vacated the same runway following its arrival from Siliguri. The incident occurred at around 10 pm in the past week and involved a Boeing 777-300ER operated by Air India and a Boeing 737 MAX 8 operated by Air India Express. The airline said the crew followed air traffic control instructions and returned the aircraft to the bay for mandatory checks in line with standard operating procedures. Alternative arrangements were initiated for passengers, while further details, including the number of people on board both aircraft, were not immediately available.Read more
10 Jul 2026
Heavy rainfall accompanied by thunderstorms has disrupted transport services across Mumbai, delaying suburban trains, affecting long-distance rail operations and causing traffic congestion across several parts of the city. The intense monsoon spell has also led to Tulsi and Vihar lakes overflowing after receiving substantial inflows, improving Mumbai's drinking water reserves. Waterlogging in sections of the rail network and earlier landslides on the Mumbai–Pune corridor continued to affect connectivity, while the India Meteorological Department forecast further rainfall across the city and suburbs, prompting authorities to remain on alert.Read more
10 Jul 2026
The Maharashtra government has said the first phase of the Dharavi Redevelopment Project is expected to deliver around 10,000 homes within the next 18 months, with rehabilitation of eligible residents remaining central to the initiative. Speaking in the State Legislative Assembly in the past week, Chief Minister Devendra Fadnavis described the project as an economic transformation programme extending beyond housing. Covering nearly 95 million sq ft of planned development, the redevelopment seeks to integrate housing, employment and commercial activity while retaining Dharavi's informal economy. The government also outlined wider urban renewal measures, including 19 cluster redevelopment projects across Mumbai, a target of constructing 7.8 lakh homes in the Mumbai Metropolitan Region by 2030, transport upgrades, parking infrastructure, healthcare expansion and digital governance initiatives.Read more
10 Jul 2026
Mumbai-based Lloyds Realty Developers Ltd has introduced a refreshed brand identity as part of its next phase of growth, supported by a project portfolio valued at over INR 23,500 crore and a planned development pipeline exceeding INR 10,000 crore across nine Mumbai micro-markets over the next eight years. The rebranding includes a new monochromatic visual identity and the adoption of the brand philosophy, "Building Soulful Spaces", replacing its earlier positioning. The company said the refreshed identity reflects its focus on premium developments while retaining its existing values and corporate legacy. Lloyds Realty has delivered more than 3 million sq ft of real estate and currently has approximately 14 million sq ft under development. The new branding will be implemented across customer, marketing and corporate touchpoints.Read more
10 Jul 2026
• A luxury sea-facing apartment at Palais Royale in Worli has been sold for INR 162.2 crore, making it one of Mumbai's highest-value residential transactions this year.
• The transaction involved a premium apartment spanning over 13,000 sq ft, reflecting sustained demand for ultra-luxury homes in South Mumbai.
• The deal translates to a per sq ft price exceeding INR 1 lakh, underscoring the continued strength of Mumbai's high-end residential market.
• Industry experts believe such marquee transactions highlight strong buyer confidence in prime waterfront properties despite broader market fluctuations.Read more
10 Jul 2026
More than 2,200 sewer manholes across Mumbai remain without protective grills despite the Brihanmumbai Municipal Corporation's monsoon preparedness deadline having passed. The disclosure comes days after a fatal manhole accident in Saki Naka and amid scrutiny from the Bombay High Court over civic safety measures. The pending installations, delayed by road concreting works and logistical constraints, have raised concerns over urban infrastructure maintenance, public safety and the city's preparedness during the ongoing monsoon. The BMC has now set July 26 as the revised completion deadline.Read more
10 Jul 2026
• Heavy monsoon rains and strong winds disrupted operations at Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA), leading to the cancellation of 17 flights and delays affecting more than 200 services.
• The India Meteorological Department (IMD) issued a Red Alert for Mumbai and surrounding districts, warning of extremely heavy rainfall, strong winds and the possibility of flooding and transport disruptions.
• Airlines, including IndiGo, Air India, Akasa Air and SpiceJet, issued travel advisories urging passengers to check flight schedules before heading to the airport, while authorities monitored operations closely.
• Despite the disruptions, airport authorities continued operations with precautionary measures, while emergency agencies remained on high alert as forecasts indicated continued heavy rainfall across the Mumbai Metropolitan Region.Read more
10 Jul 2026
09 Jul 2026
The Brihanmumbai Municipal Corporation (BMC) will consult experts from IIT Bombay and the University of Mumbai to study the causes of tree falls across the city after recent monsoon incidents. Municipal Commissioner Ashwini Bhide said ongoing road concretisation cannot be solely blamed for uprooted trees, citing multiple contributing factors such as ageing trees, heavy rainfall, strong winds and soil conditions. The civic body plans to adopt a scientific approach to strengthen urban tree management and improve public safetyRead more
09 Jul 2026
Speciality Restaurants Limited has expanded its hospitality portfolio with the launch of Gong, a premium Pan Asian restaurant in Mumbai's Bandra. The new outlet marks the company's focus on modern, experience-driven dining concepts designed to appeal to evolving consumer preferences. Gong combines progressive Asian cuisine, contemporary interiors and premium hospitality while introducing a scalable restaurant format with higher average spending potential and operational efficiency. The launch also reflects the company's broader strategy of strengthening its presence across premium dining segments while building future-ready hospitality brands alongside its established restaurant portfolio.Read more
09 Jul 2026
The Maharashtra government has reduced the stamp duty on the registration of 99-year lease agreements for cooperative housing societies on government land in Mumbai, lowering the rate to a maximum of 0.5% for residential properties and 1.5% for commercial properties. Revenue Minister Chandrashekhar Bawankule announced the decision in the state legislature in the past week, stating that it would provide financial relief to thousands of cooperative housing societies that had been unable to register lease agreements because of high stamp duty costs and procedural delays. The revised policy will apply uniformly across Mumbai city and suburban areas. The government has also waived the transfer premium for flats in the Bandra Kurla Complex (BKC) Reclamation area for transfers executed before 2015, benefiting around 1,500 flat owners across 91 properties.Read more
09 Jul 2026
• A member of the family of the founder of healthcare technology firm eClinicalWorks has purchased a luxury apartment in Mumbai's Worli for around INR 211 crore, making it one of the city's biggest residential transactions this year.
• The apartment is located in the premium Naman Xana residential tower and was acquired at an estimated rate of INR 2.5 lakh per sq ft, among the highest ever recorded in India's residential real estate market.
• The transaction includes multiple car parking spaces and reflects sustained demand for ultra-luxury homes in Mumbai's prime waterfront locations.
• The deal underscores the continued appetite among high-net-worth individuals for trophy residential assets despite rising property prices in the luxury segment.Read more
09 Jul 2026
• Real estate developers headquartered in South India are accelerating their expansion into Mumbai, attracted by sustained housing demand, redevelopment opportunities and the city's premium property market.
• Several established players from Bengaluru, Hyderabad and Chennai have secured redevelopment projects and land parcels across the Mumbai Metropolitan Region in recent months.
• Industry experts say the shift reflects developers' efforts to diversify geographically while capitalising on Mumbai's resilient residential market.
• Strong home sales, limited land availability and a growing pipeline of redevelopment projects continue to position Mumbai as one of India's most attractive real estate destinations.Read more
09 Jul 2026
Mumbai recorded more than 1,100 tree fall incidents during the first six days of July, exceeding the total reported across each of the previous three monsoon seasons. Civic officials attributed the unprecedented spike to gale-force winds reaching up to 78 kmph, driven by an active monsoon system. The incidents have disrupted road and rail transport, damaged residential and commercial properties, interrupted power supply in several areas and resulted in fatalities and injuries. The surge has intensified scrutiny of the city's urban infrastructure, tree management practices, emergency response systems and public safety preparedness during the monsoon.Read more
09 Jul 2026
09 Jul 2026
The Bombay Chamber of Commerce & Industry, in collaboration with the Brihanmumbai Municipal Corporation (BMC), organised the Namaste Mumbai Conclave 2026 and The Grand CivicTech Fund Quest in Mumbai earlier this month. The event brought together government officials, industry leaders, investors, academicians and entrepreneurs to discuss Mumbai's future as a creative, cultural and innovation-driven city. Alongside panel discussions on urban development and city branding, the conclave featured a CivicTech startup competition aimed at supporting technology-led solutions for urban governance. Niramai Health Analytix Pvt. Ltd. emerged as the winner of the competition, while BMC highlighted its efforts to foster civic innovation through its SMILE incubation programme.Read more