Mumbai News Desk

05 Feb 2026

The Bombay High Court has held that the Mumbai Metropolitan Region Development Authority (MMRDA) cannot unilaterally impose Transferable Development Rights (TDR) in lieu of monetary compensation when acquiring land for public infrastructure, directing the authority to pay cash compensation instead. The ruling arose from a petition by a Kurla resident whose 630 sq m parcel was acquired for the Santacruz-Chembur Link Road (SCLR) project, and who had challenged an earlier award granting only TDR. A division bench of Justices Manish Pitale and Shreeram Shirsath determined that the statutory framework of the Mumbai Metropolitan Region Development Authority Act, 1974 clearly contemplates monetary payment for land acquisition, and that offering TDR without mutual agreement falls outside the Act's provisions. The court directed MMRDA to determine and pay just monetary compensation within six months, rejecting the authority's contention that TDR could substitute for cash compensation under the legislation.Read more

Mumbai News Desk

05 Feb 2026

At least 61 individuals in Mumbai have been defrauded of a total of INR 2.41 crore by persons posing as officials capable of securing Maharashtra Housing and Area Development Authority (MHADA) flats at subsidised rates, a complaint registered with Rabale police has alleged. The case was lodged by a property consultant who said he, a colleague and 61 clients were misled by the accused into making advance payments for purportedly low-cost MHADA housing in areas including Powai, Wadala and Worli. Payments were collected on promises of flats at below-market prices with potential resale gains, but when the complainants sought to complete the transactions they discovered the listings and accompanying documentation were fake. One key intermediary has already been arrested in a related matter, while another suspect remains at large as investigations proceed.Read more

05 Feb 2026

Two passenger aircraft operated by Air India and IndiGo made contact on the ground at Mumbai's Chhatrapati Shivaji Maharaj International Airport earlier this week during routine taxiing operations. The incident involved the wingtips of both aircraft while one flight was preparing for departure and the other was taxiing after landing. All passengers and crew on board both flights were safe. The aircraft were taken out of service for inspection, and aviation authorities have begun a review of the circumstances surrounding the incident.Read more

Mumbai News Desk

05 Feb 2026

The Maharashtra Housing and Area Development Authority (MHADA) is offering 120 unsold residential flats across Mumbai on a first-come-first-served basis, replacing the lottery system that left these units unclaimed. Online registrations started earlier this week, with the flat selection and payment process set to begin soon. Flats are spread across key suburbs and South Mumbai locations, including Kandivali, Malad, Wadala, Powai, and Andheri. Buyers must pay 10 per cent of the flat price initially, with the remaining amount due within 90 days. The initiative aims to reduce unsold stock and provide ready-to-move-in homes efficiently.Read more

Mumbai News Desk

04 Feb 2026

Pramit Jhaveri, the former chief executive officer of Citibank India, and his wife, Mukeeta, have acquired a luxury apartment in the Echay House development on South Mumbai's prestigious Carmichael Road, registering the transaction at approximately INR 38.16 crore. Property records show the 2,805 sq ft residence was bought at about INR 1.36 lakh per sq ft, and the deal includes car parking spaces. The purchase was registered in late November 2025, with stamp duty of more than INR 2.28 crore and a registration fee of INR 30,000 paid to complete the process. The deal underscores continuing demand for high-end housing in prime Mumbai neighbourhoods, where limited inventory and strong buyer interest sustain premium pricing. Industry data indicate that India's ultra-luxury segment remained active in the past year, with marquee residential deals concentrated in central and southern parts of the city.Read more

04 Feb 2026

Godrej Properties Ltd has recorded residential sales exceeding INR 2,000 crore in the first phase of its luxury housing project, Godrej Trilogy, located in Worli, South Mumbai. The sales milestone has been achieved shortly after the project launch, reflecting sustained demand for high-end residential properties in one of Mumbai's most premium micro-markets. The company has launched homes with an estimated saleable value of around INR 3,500 crore as part of the development. According to regulatory disclosures, close to 100 homes have already been sold since the project was introduced late last year. The strong response underlines the continued appetite for luxury housing in South Mumbai, supported by limited supply, established social infrastructure and strong end-user and investor interest in well-located, branded developments.Read more

Mumbai News Desk

04 Feb 2026

The Brihanmumbai Municipal Corporation (BMC) is advancing the construction of the 650 metre Vikhroli-Vidyavihar east-west flyover, designed to connect Ramchandra Chemburkar Marg with Lal Bahadur Shastri Marg over Vidyavihar railway station. Officials have instructed completing major works by the end of May to avoid monsoon delays, while the flyover is scheduled to open to traffic by June 25. Key tasks include finalising approach roads, removing affected structures, revising road alignments, and completing railway station access works, including pedestrian connectivity and reconstructed ticket counters.Read more

Mumbai News Desk

04 Feb 2026

Mumbai continues to face a shortage of classrooms as several school buildings under slum rehabilitation projects remain undelivered. The Slum Rehabilitation Authority (SRA) and Brihanmumbai Municipal Corporation (BMC) have been coordinating to resolve the long-standing dispute over ten school sites, with six buildings expected to be handed over before mid-year. Some buildings are ready and pending clearances like fire no-objection certificates, while others need minor safety work or are still under construction. A few projects face regulatory delays, and full completion may extend into the next decade.Read more

Mumbai News Desk

02 Feb 2026

Serene Communities, the senior living platform of Columbia Pacific Communities, has announced plans to invest INR 3,000 crore to develop approximately 2.5 million sq ft of senior housing across 13 projects in six Indian cities, including Bengaluru, Chennai, Mysuru, Kochi, Hyderabad and Pune, with apartments expected to be priced between INR 70 lakh and INR 1.5 crore, according to company leadership. The expansion is being propelled through strategic partnerships with regional developers such as Embassy Group and Gardencity in Bengaluru, Prathima Developers in Hyderabad and Cybercity in Pune, signalling a collaborative model rather than standalone development. Serene Communities is also exploring entry into the Mumbai market, particularly in the New Mumbai belt near Vashi-Panvel and Thane, where land economics are more favourable. The initiative reflects growing demand for professionally managed, community-oriented senior living solutions as India's elderly population expands and lifestyles evolve.Read more

Mumbai News Desk

02 Feb 2026

The reconstructed pedestrian skywalk linking Bandra Railway Station (East) and Kalanagar Junction on the Western Express Highway in Bandra (East) has been opened to the public earlier this week. Stretching 680 metres in length and 5.40 metres in width, the elevated walkway features four staircases, two escalators, and 14 CCTV cameras. The skywalk directly connects to the station's foot overbridge, providing safer and faster access to Bandra Court, Bandra Kurla Complex (BKC), MHADA, and the district collector's office. Officials highlighted its potential to ease congestion on Anant Kanekar Road and improve daily pedestrian movement.Read more

01 Feb 2026

Mumbai Metro Line 9, an extension of the Red Line (Metro Line 7), is nearing the launch of its first operational stretch between Dahisar East and Kashigaon, marking a significant upgrade in connectivity for the Dahisar Mira-Bhayandar belt. The 4.5-km Phase I section has received clearance from the Commissioner of Metro Rail Safety, with operations expected to commence by the end of January or early February. Once opened, the corridor will provide Mira-Bhayandar with its first metro-based rapid transit link, connecting the region to the Western Express Highway and onward metro corridors. Even ahead of full commissioning, the impending launch has begun influencing residential sentiment, with developers and buyers responding to improved accessibility, reduced commute times, and the prospect of stronger integration with Mumbai's wider transport network.Read more

01 Feb 2026

Goregaon West is consolidating its position as one of Mumbai's stronger luxury residential micro-markets, supported by limited new supply, established social infrastructure and consistent end-user demand. Market trends indicate that buyers are increasingly favouring well-located projects with visible construction progress, leading to steady price appreciation across premium developments. This shift towards execution-driven decision-making has resulted in faster absorption and sharper price movements for select projects. Ariha Group's luxury development at Jawahar Nagar reflects this trend, with prices rising sharply within months of launch amid robust demand. The project's ahead-of-schedule construction progress has further reinforced buyer confidence, underlining how delivery assurance, constrained inventory and location advantages are shaping value creation in Goregaon West's evolving luxury housing landscape.Read more

31 Jan 2026

HOSMAC has designed and developed Cipla's newly inaugurated Breathefree Lung Wellness Centre in Mumbai, strengthening the pharmaceutical major's focus on integrated and preventive respiratory healthcare. Spread across about 8,000 sq. ft. in Prabhadevi, the single-level facility has been conceived as a one-stop destination for lung diagnostics and wellness services. Inaugurated on 26 January 2026, the centre reflects a wellness-led design philosophy that departs from conventional clinical environments. HOSMAC delivered a comprehensive turnkey solution covering medical space planning, MEP design and interiors, ensuring regulatory compliance and patient-centric efficiency. Notably, the project involved adaptive reuse, with a former banquet hall transformed into a fully functional healthcare facility. The centre builds on Cipla and HOSMAC's earlier collaboration in Delhi and underlines a shared focus on accessible, sustainable and human-centric respiratory care.Read more

30 Jan 2026

Suraj Estate Developers Limited posted a steady operational performance for the quarter and nine months ended December 2025, supported by strong commercial sales momentum and sustained demand in South-Central Mumbai. The company's recently launched Suraj One Business Bay recorded sales of around 40,000 sq ft within 45 days, translating into a sales value of approximately INR 200 crore against a total gross development value of INR 1,200 crore. During the nine-month period, sales area rose 56 per cent year-on-year to 1.03 lakh sq ft, while sales value increased 38 per cent to INR 487 crore. The developer also strengthened its land bank through acquisitions in Bandra West and received international recognition for its residential development capabilities.Read more

Nagpur News Desk

29 Jan 2026

The Nagpur bench of the Bombay High Court has directed the Nagpur Municipal Corporation (NMC) to act against unauthorised construction in two major buildings, including one opposite Vidhan Bhavan and another in Sadar. The court criticised over a decade of inaction and emphasised the seriousness of the violations. Demolition notices have been issued, giving owners a 15-day window to comply, failing which NMC will demolish the structures and recover costs. Past irregularities date back to 2004, with concerns over safety and proximity to sensitive establishments highlighted by petitioners.Read more