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 : Navi Mumbai

Navi Mumbai mayor inspects flood-prone areas as civic body intensifies monsoon response

05 Jul 2026

Navi Mumbai Mayor Sujata Patil inspected several flood-prone locations across the municipal limits following three days of continuous rainfall to review the city's monsoon preparedness and emergency response measures. During the inspection, she assessed waterlogging from Belapur to Digha, reviewed dewatering operations and directed officials to strengthen drainage management. The visit also followed an incident beneath the Nerul LP flyover where two young women sustained electric shocks in a waterlogged area and were admitted to hospital. According to the Navi Mumbai Municipal Corporation (NMMC), both are in stable condition. The civic body recorded 105.46 mm of rainfall across its jurisdiction on July 1 and has deployed emergency personnel and pumping equipment in vulnerable locations.Read more

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NMMC demolishes unauthorised structure in Vashi anti-encroachment drive

05 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) has demolished an unauthorised structure in the Juhugaon area of Vashi as part of its ongoing drive against illegal constructions. The action was carried out earlier this week after the occupants failed to comply with a notice issued under Section 54 of the Maharashtra Regional and Town Planning (MRTP) Act, 1966. The demolition was undertaken under the supervision of senior civic officials with support from the encroachment department, police personnel, security staff and labourers using specialised equipment. The civic body has reiterated that enforcement against unauthorised developments will continue to be intensified across Navi Mumbai to ensure compliance with planning regulations.Read more

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Navi Mumbai civic body demolishes unauthorised constructions in Belapur

04 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) has carried out a demolition drive against unauthorised constructions in the Belapur division as part of its ongoing enforcement against illegal developments. The action was undertaken under the directions of Municipal Commissioner Dr Kailas Shinde and supervised by Additional Commissioner (II) Dr Rahul Gethe and Deputy Commissioner Dr Amol Palwe. The demolition targeted two unauthorised structures in Agroli and Karave villages after notices issued under Section 54 of the Maharashtra Regional and Town Planning (MRTP) Act failed to secure voluntary compliance. The operation involved officials from the Belapur ward office, civic staff, police personnel and heavy equipment to remove the illegal constructions.Read more

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NMMC and CIDCO demolish unauthorised structures in Nerul joint enforcement drive

04 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC), in coordination with the City and Industrial Development Corporation (CIDCO), demolished an unauthorised ground-plus-one (G+1) reinforced cement concrete (RCC) structure in Nerul as part of a joint anti-encroachment drive conducted earlier this week. The action was carried out on a notified CIDCO plot measuring approximately 600 sq m in Sector 6 after the occupants failed to comply with a statutory notice issued under the Maharashtra Regional and Town Planning (MRTP) Act, 1966. The demolition was undertaken using heavy machinery under the supervision of senior civic officials. The civic body has stated that similar enforcement drives against unauthorised constructions will continue across Navi Mumbai.Read more

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Navi Mumbai showcases textile recycling model at national summit in New Delhi

28 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) presented its Textile Recycling Facility (TRF) as a model for urban circular economy initiatives during a national summit on textiles held in New Delhi earlier this week. Municipal Commissioner Dr Kailas Shinde outlined how urban local bodies can support India's textile recycling ecosystem by creating reliable post-consumer textile collection systems. Developed in collaboration with the Ministry of Textiles' Textile Committee, the TRF currently engages more than 50,000 households and has trained over 300 women in textile upcycling through self-help groups. The presentation also highlighted the project's contribution to reducing textile waste sent to landfills and creating sustainable livelihood opportunities while aligning with Maharashtra's Textile Policy 2023–2028.Read more

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Why Nerul Sets the Benchmark for Residential Demand

Bhavesh Shah Joint Managing Director, Today Group

28 Jun 2026

Nerul has emerged as one of Navi Mumbai's most resilient residential micro-markets, driven by its planned urban development, multimodal connectivity, robust social infrastructure and consistent housing demand. Supported by major infrastructure projects, including the Atal Setu, Navi Mumbai International Airport and upcoming Metro Line 8, the locality continues to attract both homebuyers and investors. Its balanced mix of residential communities, quality housing developments, green spaces and stable rental demand has positioned Nerul as a preferred destination within the Mumbai Metropolitan Region, reflecting changing buyer preferences towards integrated, future-ready urban living.Read more

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NMMC removes part of unauthorised construction in Airoli following statutory notice

28 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) has undertaken demolition action against an unauthorised construction at A-270, Sector 2, Airoli, after the structure continued to be built despite a statutory notice issued under the Maharashtra Regional and Town Planning Act, 1966. The enforcement drive was carried out by the civic body's Encroachment Department under the directions of Municipal Commissioner Dr Kailas Shinde and the supervision of senior municipal officials. The action resulted in the partial removal of the unauthorised structure, with demolition teams, labourers, machinery and police personnel deployed for the operation. NMMC has stated that enforcement against unauthorised constructions within its jurisdiction will continue in the coming period.Read more

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NMMC Standing Committee approves civic infrastructure works across Vashi, Nerul, Belapur and Ghansoli

28 Jun 2026

The Standing Committee of the Navi Mumbai Municipal Corporation (NMMC) has approved a series of civic infrastructure projects covering parks, drainage systems, sewerage networks and sports infrastructure across multiple nodes of the city. The proposals, presented by Municipal Commissioner Dr Kailas Shinde and approved unanimously under the chairmanship of Standing Committee Chairman Ashok Bhauso Patil, include the redevelopment of two public parks in Vashi, sewerage upgrades in Nerul, repairs to the boundary wall at Rajiv Gandhi Sports Complex in CBD Belapur, and drainage and footpath works in Ghansoli. Collectively, the sanctioned projects are intended to improve public amenities, strengthen urban infrastructure and address long-standing civic issues affecting residents in several neighbourhoods.Read more

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NMMC to keep property tax collection centres open on weekends and public holidays until June 30

28 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) has announced that its property tax collection centres will remain operational on weekends and public holidays until June 30, 2026, enabling property owners to complete payments before a 2% late payment charge comes into effect from July 1. The special arrangement covers the civic body's headquarters, all eight ward offices and their affiliated tax collection centres, which will function between 10 am and 3 pm. Alongside physical payment facilities, NMMC has also urged taxpayers to utilise its digital payment platforms, including its website, mobile application, WhatsApp chatbot, QR code-enabled payments and UPI services, to ensure timely tax compliance and avoid additional financial liability.Read more

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NMMC disconnects water and sewer connections to C-1 dangerous building in Sanpada

27 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) has disconnected the water supply and sewerage connection to Amoli Co-operative Housing Society Ltd at Plot No. 28, Sector 30, Sanpada, after the building continued to be occupied despite being classified as a C-1 (highly dangerous and unfit for habitation) structure. The building had been declared unsafe during the 2019–20 structural assessment, and notices directing occupants to vacate had already been issued. The civic body stated that the action was taken in compliance with directions of the Bombay High Court to facilitate the evacuation of dangerous buildings. Electricity supply to the building will also be disconnected shortly as part of the ongoing enforcement process.Read more

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Navi Mumbai civic body launches special cleanliness drives and waste segregation awareness campaign

27 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) has initiated a series of special cleanliness drives and public awareness campaigns across the city as part of preparations for Swachh Survekshan 2025-26. Scheduled between June 15 and June 30, 2026, the initiative covers railway stations, the Sion-Panvel Highway, slum settlements, village areas, lakes, creek fronts, public and community toilets, back lanes and other neglected locations. Alongside intensive cleaning activities, the civic body is promoting compliance with Solid Waste Management Rules, 2026, encouraging households to segregate waste into four categories and urging bulk waste generators, including housing societies and institutions, to process waste within their premises. The campaign is being implemented across all eight ward office jurisdictions through extensive public outreach and on-ground inspections.Read more

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Navi Mumbai Municipal Corporation activates monsoon emergency response as rainfall crosses 148 mm

27 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) has intensified its monsoon preparedness measures following heavy rainfall across the city, with emergency response teams and control rooms operating round the clock. Between the morning of June 23 and the morning of June 24, the civic body recorded an average rainfall of 125.23 mm, with Belapur receiving the highest precipitation of 139.40 mm and Digha the lowest at 114.40 mm. Cumulative rainfall for the current monsoon season has reached 148.15 mm. The civic administration has deployed water pumping systems in low-lying areas, activated disaster management and fire response teams, and instructed field staff to ensure uninterrupted stormwater drainage and remove fallen tree branches. Residents have also been advised to use dedicated emergency helplines and avoid acting on unverified information.Read more

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CIDCO hands over three Navi Mumbai stations to Central Railway

25 Jun 2026

CIDCO has transferred Kharghar, Taloja Panchanand and Pendhar railway stations in Navi Mumbai to Central Railway, which will now oversee their operations, maintenance and passenger services. The stations are part of the Belapur–Uran suburban rail corridor developed to improve connectivity across the city’s growing residential and commercial areas. The handover integrates the facilities into Central Railway’s operational network and marks a key step in the transition of transport infrastructure developed by CIDCO to long-term railway management.Read more

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Navi Mumbai Metro Line 2 receives approval after 15 years with INR 5,575 crore allocation

25 Jun 2026

The Maharashtra government has approved Navi Mumbai Metro Line 2, an 8.15-km corridor connecting Taloja and Khandeshwar, with a budget allocation of INR 5,575 crore. Proposed by CIDCO in 2011, the line will serve key nodes including Kamothe, Kalamboli and Taloja through eight stations. The corridor is expected to improve internal connectivity across Navi Mumbai and strengthen links with major transport infrastructure, including the upcoming Navi Mumbai International Airport, as the city expands its metro network.Read more

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Air India Express to launch inaugural international service from Navi Mumbai airport to Abu Dhabi

23 Jun 2026

Air India Express is set to commence international operations from Navi Mumbai International Airport (NMIA) with a direct service to Abu Dhabi, marking a significant milestone for the airport's expansion into overseas connectivity. Bookings for the new route are expected to open shortly, ahead of the flight's scheduled launch on July 15. The service will become the first international flight to operate from NMIA since the greenfield airport began domestic operations late last year. The development forms part of the broader expansion of aviation infrastructure in the Mumbai Metropolitan Region and is expected to strengthen connectivity between western India and the United Arab Emirates, one of the country's busiest international travel corridors.Read more

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Navi Mumbai airport targets international passenger and cargo operations from July 15

19 Jun 2026

Navi Mumbai International Airport is expected to begin international passenger and cargo operations from July 15, marking a significant step in the expansion of aviation infrastructure in the Mumbai Metropolitan Region. The airport operator said international freighter services will commence first, with plans to scale up to around 18 weekly cargo flights. International passenger services are also expected to start on the same day, with Air India Express and IndiGo set to operate flights. The airport, which began domestic operations last year, is witnessing steady traffic growth and has also earned global recognition for its design.Read more

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Navi Mumbai and Guwahati airports feature in Prix Versailles list of world’s most beautiful airports

18 Jun 2026

Two Adani Group-operated airports in India have been included in the Prix Versailles World’s Most Beautiful Airports List 2026, highlighting growing international recognition of the country’s aviation infrastructure and design standards. Navi Mumbai International Airport’s Terminal 1 and Terminal 2 at Lokapriya Gopinath Bordoloi International Airport, Guwahati, were selected among seven airports worldwide recognised for architectural excellence, sustainability, cultural identity and passenger experience. The annual Prix Versailles awards, presented at UNESCO headquarters in Paris, celebrate outstanding architectural achievements globally. The recognition places the two Indian airport projects alongside airports in Guangzhou, Frankfurt, Kandal Stueng, Pittsburgh and San Diego. Three facilities from the shortlist will later receive global awards for architecture, interior design or exterior design.Read more

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Navi Mumbai Metro network to expand under INR 5,575 crore state-approved plan

16 Jun 2026

• The Maharashtra government has approved a INR 5,575 crore expansion of the Navi Mumbai Metro network, covering Metro Line 1A and Line 2.
• The project will create a 28-km corridor connecting Sagar Sangam with the upcoming Navi Mumbai International Airport and add 13 new stations to the network.
• Approved as part of a broader INR 22,611 crore infrastructure package, the expansion aims to strengthen airport connectivity, improve urban mobility and enhance public transport integration across Navi Mumbai.
Read more

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NMMC removes 1.5 tonnes of waste in railway station clean-up drive

14 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) conducted a special cleanliness drive at several railway stations across the city, removing around 1.5 tonnes of waste as part of a week-long sanitation campaign organised to mark World Environment Day. The exercise covered Turbhe, Ghansoli, Vashi, Nerul, Digha and Rabale railway stations and adjoining areas, with more than 125 sanitation workers participating in the operation. The civic body said the initiative was undertaken to maintain cleanliness standards at high-footfall public locations and to preserve Navi Mumbai’s standing among India’s cleanest cities. NMMC has also written to CIDCO seeking the transfer of maintenance responsibilities for 11 railway stations within its jurisdiction.Read more

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Navi Mumbai earns state award for renewable energy-led urban governance

14 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) has received the ‘Excellence in Renewable Energy-Led Urban Governance’ award at the Maharashtra Energy Expo Awards 2026 in recognition of its initiatives in renewable energy and sustainable urban development. The award, presented by Solar Quarter, acknowledges the civic body's implementation of solar power projects across public infrastructure, large-scale deployment of solar and LED street lighting, and energy conservation measures. NMMC has installed solar energy systems across 25 public buildings and 50 public facilities, generating over 350,000 units of renewable energy annually. The recognition also highlights the corporation's upcoming 100 MW floating solar project at Morbe Dam, which is expected to significantly expand clean energy generation and support long-term sustainability objectives.Read more

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