Mr. Rohit Garodia, Founder and Managing Partner, Pecan Realty.

31 May 2026

Infrastructure development is playing a major role in reshaping Andheri’s commercial real estate market, with improved metro and road connectivity making the suburb more accessible for businesses and employees. The expansion of metro corridors, including Metro Line 6, the Aqua Line, and Metro Lines 2A and 2B, is improving east-west and north-south connectivity across Mumbai. At the same time, projects such as the Mumbai Coastal Road and the Bandra–Versova Sea Link are reducing travel time and easing congestion. These developments are helping Andheri attract sustained office leasing demand, particularly from mid-sized firms and technology-driven businesses seeking efficient and well-connected office locations.Read more

31 May 2026

• Marathon NextGen Realty reported its highest-ever annual profit after tax of INR 206 crore for FY26, supported by strong commercial leasing, collections and project launches.
• The company recorded total income of INR 639 crore and EBITDA of INR 261 crore during the financial year while maintaining a PAT margin of 32%.
• Collections during FY26 stood at INR 781 crore, driven by construction progress across projects including Monte South, Nexzone and Bhandup developments.
• Marathon raised nearly INR 900 crore through a Qualified Institutional Placement and utilised INR 340 crore towards debt repayment, resulting in a positive net cash position.
• The developer also expanded its pipeline through acquisitions in Kanjurmarg and MMR, adding projects with a combined estimated GDV exceeding INR 840 crore.Read more

31 May 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced India’s first Automated Pantograph Condition Monitoring System (APCMS) in the Maha Mumbai Metro. The AI-based system enables real-time inspection of pantographs, cutting inspection time from around 30 minutes to just a few seconds and improving maintenance efficiency by nearly 90–95 percent. It uses laser scanning, 3D imaging and machine learning to detect faults, wear and alignment issues early. The initiative strengthens predictive maintenance, reduces downtime and enhances operational safety and reliability across metro operations in Mumbai.Read more

30 May 2026

Shiv Sena (UBT) MLA Varun Sardesai has sought an inquiry into alleged restrictions on public access at City Park in Bandra Kurla Complex (BKC), claiming portions of the publicly funded urban space are being used predominantly by officials and select groups linked to the Mumbai Metropolitan Region Development Authority (MMRDA). The issue follows complaints regarding deteriorating civic amenities, inaccessible recreational facilities and uneven maintenance standards across different sections of the park. Sardesai has written to the Chief Minister and MMRDA commissioner seeking disclosure of maintenance expenditure, review of access protocols and action against officials if irregularities are established.Read more

30 May 2026

• MMRDA officials conducted a site inspection of the upcoming Chembur Metro station and nearby VN Purav Monorail station to review multimodal integration plans.
• The Chembur Metro station is expected to emerge as a key interchange point linking metro and monorail connectivity in eastern Mumbai.
• Authorities assessed operational preparedness, passenger movement and ease of interconnectivity between the two transport systems.
• The integration is aimed at improving travel access for commuters across Mumbai’s eastern suburbs and South-Central Mumbai.
• Officials stated that the initiative forms part of MMRDA’s broader vision of creating a seamless urban mobility network across the Mumbai Metropolitan Region.Read more

30 May 2026

• The Bombay High Court has allowed the BMC to proceed with termination of the lease of the Khanna Construction House property in Dadar after prolonged disputes among partners and legal heirs.
• Civic authorities stated that no common redevelopment proposal was submitted despite multiple court directions, while property tax arrears and lease violations remained unresolved.
• The BMC has said the property, already under civic possession following demolition of the dilapidated structure, will move towards redevelopment while protecting tenant and occupant rights.
• The dispute, dating back to 1973, involved redevelopment disagreements, tenancy claims and litigation over one of Dadar’s prominent old properties.Read more

30 May 2026

Mumbai’s metro network has introduced India’s first Automated Pantograph Condition Monitoring System, developed to strengthen predictive maintenance and improve operational efficiency. Implemented by MMRDA, the system replaces manual inspection methods with AI-based real-time monitoring using laser scanning, 3D imaging and machine learning. It reduces pantograph inspection time from about 30 minutes to a few seconds while improving fleet availability and maintenance efficiency by nearly 90–95%. The technology also enables early fault detection, continuous asset tracking and condition-based maintenance for better reliability and safety across Mumbai Metro operations.Read more

29 May 2026

• Brihanmumbai Municipal Corporation has proposed third-party structural audits for heritage buildings across Mumbai.
• The move aims to assess stability and safety of ageing structures ahead of the monsoon season.
• Officials are considering independent technical evaluations to improve transparency in structural assessments.
• Concerns over deterioration, delayed repairs and monsoon-related risks prompted the proposal.
• Mumbai has a large stock of heritage and old cessed buildings across key urban precincts.Read more

Mumbai News Desk

29 May 2026

The Brihanmumbai Municipal Corporation (BMC) has initiated the process of taking over 41 transport structures, including 27 flyovers, from the Maharashtra State Road Development Corporation (MSRDC) in Mumbai following repeated complaints over potholes and maintenance lapses. The proposed transfer covers flyovers, foot overbridges, pedestrian underpasses and junctions spanning nearly 20.25 km across the city. Civic officials have sought maintenance funds, technical documents and advertisement rights before assuming control. The move follows recurring disputes over accountability for deteriorating road conditions on key arterial corridors.Read more

29 May 2026

• A Borivali East cooperative housing society has secured interim relief from the Bombay High Court in a dispute concerning public access through its premises.
• The court restrained authorities from acting on a civic communication related to parking and access on a proposed Development Plan (DP) road passing through the society land.
• The matter involves concerns around emergency vehicle movement, parking management and the status of the proposed road alignment within the residential complex.Read more

29 May 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has accelerated efforts to complete Phase 2 of the Santacruz-Chembur Link Road (SCLR), with nearly 98% of the physical work already finished. Metropolitan Commissioner Dr. Sanjay Mukherjee recently reviewed progress at the BKC-Vakola connector and directed officials and contractors to speed up the remaining work while maintaining construction quality and safety standards. Once operational, the final phase of the corridor is expected to improve east-west connectivity across Mumbai by linking major highways and commercial hubs, while also reducing travel time by nearly 35 minutes and easing congestion on key roads.Read more

29 May 2026

The Brihanmumbai Municipal Corporation is evaluating construction of holding ponds and diversion of stormwater drains as part of a broader plan to reduce chronic flooding at the Andheri subway before future monsoon seasons. According to civic officials and multiple media reports, the proposed intervention could involve temporary storage ponds capable of holding excess rainwater near the subway during heavy rainfall events. Officials stated that nearly three potential sites have been identified for the project, while alternative engineering measures, including diversion of stormwater flow from the Jogeshwari area, are also under consideration. The civic body acknowledged that the flooding issue may persist this monsoon as long-term mitigation works remain under evaluation and planning stages.Read more

29 May 2026

• Mehta Realty has launched Mehta Angelo, a Grade-A commercial project in East Goregaon, Mumbai, aimed at supporting both current and future business expansion needs.
• The development offers 35,000 sq. ft of office space across a seven-storey structure, with unit sizes ranging from 445 sq. ft to 4,919 sq. ft.
• Designed with efficient layouts and open-plan spaces, the project allows businesses to customise offices based on operational requirements.
• Located in a well-connected commercial belt, it provides access to rail, metro, and major road networks, including proximity to key business hubs.
• The project also includes sustainability features such as LEED Gold pre-certification, energy-efficient systems, and water conservation measures.Read more

Mumbai News Desk

29 May 2026

Brihanmumbai Municipal Corporation has completed only 62% of the Mithi river desilting work despite the approaching monsoon preparedness deadline in Mumbai. With just days remaining before the onset of heavy rainfall, concerns are rising over flooding risks in low-lying and river-connected areas across the city. Civic officials cited operational and logistical hurdles for the delay. The Mithi river remains central to Mumbai’s stormwater drainage network, making timely desilting critical for reducing waterlogging and maintaining flow capacity during the monsoon season.Read more

29 May 2026

Arkade Developers has secured cluster redevelopment rights for nine housing societies in Mumbai, with the project expected to generate around INR 1,100 crore in revenue. The redevelopment will cover nearly 3 acres and offer a saleable area of 3.25 lakh square feet. The company disclosed the development in a regulatory filing during the week. Mumbai’s redevelopment market has continued to remain active due to limited land availability and growing demand for modern housing projects. Arkade Developers, which has delivered over 5.5 million square feet so far, is also constructing more than 2 million square feet across ongoing projects.Read more

Mumbai News Desk

29 May 2026

• The Brihanmumbai Municipal Corporation has submitted six final proposals involving cutting and transplantation of over 2,200 trees for the Versova–Dahisar Coastal Road project in Mumbai’s western suburbs.
• According to civic documents and multiple media reports, nearly 1,000 trees are proposed to be cut while around 1,288 trees are planned for transplantation across stretches between Goregaon, Malad and Dahisar.
• The civic body stated that compensatory plantation of more than 19,500 trees will be undertaken in Panvel due to limited plantation space available within Mumbai.
• The proposals have been placed before BMC’s Tree Authority amid opposition from residents and environmental groups over potential green cover loss and mangrove impact linked to the coastal road project.Read more

Mumbai News Desk

29 May 2026

The Brihanmumbai Municipal Corporation’s long-delayed Mogra pumping station project in Andheri has moved closer to execution after receiving clearance from the Maharashtra Coastal Zone Management Authority. Planned near Mogra nullah in Andheri East, the project forms part of Mumbai’s flood mitigation infrastructure aimed at reducing waterlogging in low-lying areas during heavy rainfall. The proposal, conceived after the July 2005 floods, had faced delays linked to land acquisition and environmental approvals. Civic officials expect the facility to strengthen stormwater drainage capacity in the western suburbs.Read more

28 May 2026

The Maharashtra government has accelerated plans for redevelopment of the Worli jetty in Mumbai, with proposals for a helipad, water transport integration and emergency service infrastructure at the Coastal Road site. The project is being coordinated between the Brihanmumbai Municipal Corporation (BMC), Maharashtra Maritime Board (MMB) and other state agencies. Authorities are evaluating long-term public use of the temporary jetties constructed during the Mumbai Coastal Road project, including passenger water transport, medical emergency services and coastal connectivity infrastructure.Read more