22 Aug 2024

The Adani Group has committed a 51% stake in the Navi Mumbai International Airport (NMIAL) to the State Bank of India (SBI), securing a funding facility of INR 12,770 crore for the airport's construction. Despite delays, the new airport aims to handle 90 million passengers and 2.6 million tonnes of cargo annually by 2031-32. Adani Enterprises targets a March FY25 launch, three months later than planned. The group, facing financial strain with consolidated losses of INR 227 crore in FY24, is boosting its borrowing limit to INR 30,000 crore to support ongoing and future projects.Read more

14 Aug 2024

The Navi Mumbai Municipal Corporation (NMMC), led by Commissioner Dr. Kailas Shinde, has ramped up its demolition efforts against unauthorised constructions. Recent actions targeted several illegal buildings across sectors, including Sector-04 Airoli, Vashi village, and Karave Gaon, resulting in the demolition of structures and fines totaling INR 30,000. Despite previous notices, the construction continued, prompting NMMC to employ heavy machinery for effective enforcement. Key officials, including Assistant Commissioners and Junior Engineers, were actively involved. The NMMC plans to maintain these rigorous measures to enforce compliance and uphold urban planning standards.Read more

06 Aug 2024

The Navi Mumbai Municipal Corporation (NMMC), led by Commissioner Dr. Kailas Shinde, has ramped up its demolition efforts against unauthorised constructions. Recent actions targeted several illegal buildings across sectors, including Sector-04 Airoli, Vashi village, and Karave Gaon, resulting in the demolition of structures and fines totaling INR 30,000. Despite previous notices, the construction continued, prompting NMMC to employ heavy machinery for effective enforcement. Key officials, including Assistant Commissioners and Junior Engineers, were actively involved. The NMMC plans to maintain these rigorous measures to enforce compliance and uphold urban planning standards.Read more

05 Aug 2024

CapitaLand India Trust (CLINT) has acquired Building Q2 in Navi Mumbai for approximately INR 6.76 billion (USD 106.99 million), expanding its commercial real estate footprint. The 820,000 square feet property, fully leased to notable tenants including Mizuho Bank and ICICI Bank, adds to CLINT's portfolio, which now totals around 21.8 million square feet in India - a 4% increase. This strategic move follows the 2021 acquisition of Building Q1, further establishing CLINT in Navi Mumbai's thriving commercial market. The investment highlights CLINT's commitment to growth in high-potential markets, reinforcing its position in the Indian office space sector.Read more

02 Aug 2024

JSW Infrastructure, India's second-largest private port operator, has acquired office space in Navi Mumbai's L&T Seawoods Grand Central for INR 88 crore. The 52,690 square feet space, spread across 11 units in the complex, includes 52 dedicated parking spaces. This strategic leasing decision aligns with the broader trend of flexible office space solutions in India, offering room for growth and adaptation. Despite an 8% drop in net profit for Q1 2024, JSW's 20% revenue increase to INR 1,104 crore underscores its expansion plans. The move enhances its presence in a key business district, supporting future growth.Read more

02 Aug 2024

In Navi Mumbai, a major crackdown on unauthorised constructions has been launched across eight locations, guided by Commissioner Dr. Kailas Shinde and Deputy Commissioner Dr. Rahul Gethe. Actions included demolitions in Belapur, Turbhe, Koparkhairane, and Ghansoli, where structures by Mahesh Kumbhar, Ravindra Waghmare, Vasudev Patil, Dilip Patil, Atmaram Yedge, Jayashree Shinde, Sonu Gupta, and Sagarnath Madhavi were removed. This effort involved a range of equipment and personnel, ensuring strict adherence to urban planning laws. Authorities pledge continued action to enforce regulations and prevent further violations.Read more

01 Aug 2024

On July 27, 2024, at 4:45 am, the Navi Mumbai Municipal Corporation (NMMC) responded to the collapse of Indira Niwas, a four-story building in Shahabaz Village, Belapur. By 5:00 am, rescue operations were underway with teams from the NMMC fire brigade, NDRF, and key officials including Dr. Kailas Shinde and Mr. Sharad Pawar. Two individuals were rescued and are stable, while three others were found dead. The building, housing 39 adults and 16 children, has been evacuated, with the victims' families set to receive aid from the Chief Minister's Assistance Fund.Read more

31 Jul 2024

Suryoday Small Finance Bank has made a strategic move by acquiring 59,457 square feet of office space in the L&T Seawoods Grand Central complex, Nerul, for INR 100 crore. This acquisition, spanning 12 units across three wings, supports the bank's current operations and future growth plans. With exclusive access to over 58 car parking spaces, the new office reflects the bank's expansion strategy amidst a thriving market. The investment aligns with Suryoday's recent performance rise, reporting a 56.4% profit increase. This expansion underscores the bank's commitment to capitalizing on Navi Mumbai's robust business environment.Read more

30 Jul 2024

UPM Raflatac, a leader in sustainable labelling solutions, has signed a lease agreement with ESR Group for 48,800 sq. ft. at ESR Taloja Industrial & Logistics Park in Navi Mumbai. This strategic move enhances their service to the Indian market and operational efficiency. The state-of-the-art facility, near JNPT port, aligns with UPM Raflatac's sustainability goals. The park features IGBC Gold pre-certified infrastructure, supporting eco-friendly operations. ESR India's CEO, Abhijit Malkani, highlighted the collaboration's role in sustaining a green supply chain. This deal underscores Navi Mumbai's appeal as a hub for international, environmentally conscious companies.Read more

30 Jul 2024

Arihant Superstructures Ltd. has launched World Villas, a pioneering residential project in Navi Mumbai spanning 76 acres. Featuring Scottish-themed architecture and a 50-foot-tall Club 10 Gymkhana, the development includes 53 acres of villas, 10 acres for the gymkhana, 10 acres for a 5-star resort, and 1 acre for a commercial mall. With actress Sunny Leone as the brand ambassador, World Villas offers unique amenities such as a private forest, a riverfront, and a luxurious resort. The project aims to set new standards in urban luxury and community development while boosting Navi Mumbai's real estate market.Read more

18 Jul 2024

Vashi, a well-planned node in Navi Mumbai, offers modern infrastructure and a balanced living environment. Known for its commercial and residential appeal, Vashi features amenities like shopping centers, schools, healthcare, and recreational spaces. It's well-connected to Mumbai and Navi Mumbai via railways and roadways, attracting professionals and families alike. In June, EV - 10 Marina Bay and Ram Laxman Tower led real estate activity with multiple transactions. Apartments varied in size and price, from INR 42 lakhs in Ram Laxman Tower to INR 3.17 crores in EV - 10 Marina Bay. With prices per square foot averaging INR 20,463, Vashi continues to thrive as a prime real estate destination.Read more

12 Jul 2024

The Bombay High Court criticised Maharashtra's Urban Development Department for failing to implement a 20-year-old plan to build an international-standard sports complex in Ghansoli, Navi Mumbai. The court annulled CIDCO's 2017 allocation of part of the land to a builder and rejected the state's decision to move the sports complex to a remote area. Highlighting the importance of accessible sports facilities for urban youth, the court directed CIDCO to hand over the entire plot to the state at no or government rates. The judgement emphasised the role of sports in nation-building and the need for effective public sports policies.Read more

09 Jul 2024

Navi Mumbai Municipal Corporation (NMMC) is set to revolutionise operations with its e-office system rollout in August 2024. Spearheaded by Commissioner Dr. Kailas Shinde, this initiative aims to streamline 82 departments, enhance transparency, and boost service delivery. The system will eliminate paper files, enable efficient file tracking, and reduce the risk of document loss. A dedicated computer room equipped for large-scale scanning will support the transition. Dr. Shinde also prioritizes expanding online citizen services and implementing a property tax payment gateway, marking a transformative step towards a more efficient and citizen-friendly NMMC.Read more

08 Jul 2024

The Navi Mumbai Municipal Corporation (NMMC) kept its property tax collection centers open on the weekend of June 29-30, 2024, ahead of the first half of the fiscal year's deadline. This initiative led to a successful collection of INR 10.19 crore. Saturday saw INR 5.83 crore collected, while Sunday brought in INR 4.36 crore. NMMC officials, including Deputy Commissioner Sharad Pawar, facilitated the process. This revenue will fund various civic services, enhancing residents' quality of life. Commissioner Dr. Kailas Shinde thanked citizens for timely payments and encouraged others to contribute. Inquiries can be directed to Additional Commissioner Sunil Pawar at addlcommcity@nmmc.gov.in.Read more

04 Jul 2024

Navi Mumbai's Commissioner, Dr. Shinde, is taking a multi-pronged approach to improve the city's cleanliness for the upcoming Swachh Survekshan (Cleanliness Survey) 2024. He emphasised departmental responsibility, citizen participation through waste sorting and public campaigns, and student education through visits to waste processing plants. Additionally, Dr. Shinde called for a plastic bag ban in markets, clean-up of the Sion Panvel highway, and a sanitation monitoring dashboard. Public awareness efforts include media campaigns, park beautification, and a scholarship program. These actions aim to make Navi Mumbai a cleaner and more organised city.Read more

02 Jul 2024

Commissioner Dr. Kailas Shinde of Navi Mumbai Municipal Corporation (NMMC) has directed all departments to be proactive in maintaining the city's cleanliness. He stressed the importance of each employee contributing to Navi Mumbai's reputation as a clean city. Dr. Shinde outlined expectations for the 'Swachh Survekshan 2024' action plan, emphasising the need for dynamic action and citizen participation. He recommended cleanliness campaigns, waste classification projects, and educating students. Dr. Shinde also instructed keeping the Sion Panvel highway clean, implementing a scholarship scheme, and creating a dashboard for daily reviews. These directives aim to ensure a cleaner and more organised Navi Mumbai through community involvement.Read more

01 Jul 2024

The Navi Mumbai Municipal Corporation (NMMC) demolished an unauthorised structure in Belapur's Sector 36 on June 25, 2024. The demolition, led by Municipal Commissioner Dr. Kailas Shinde, targeted a house in Karave village after the owner failed to comply with a notice issued under the Maharashtra Regional and Town Planning Act. The NMMC's Encroachment Department, under Deputy Commissioner Rahul Gethe, oversaw the operation, which involved a team of six personnel and 12 labourers using hammers and gas cutters. The Navi Mumbai Police ensured the smooth execution of the demolition, sending a clear message against unauthorised constructions and the importance of following proper building regulations.Read more

28 Jun 2024

Navi Mumbai Municipal Corporation (NMMC) celebrated the 10th International Yoga Day on June 21, 2024, with a vibrant event themed Yoga for Self and Society. Held at the CIDCO Exhibition Center, the highlight was the "Yoga Mantra" program, drawing a large crowd including civic leaders like Dr. Kailas Shinde, Municipal Commissioner, and local MLAs. This event aimed to highlight yoga's dual benefits for physical well-being and civic responsibility, integrating messages from the "Swachh Bharat Mission." The NMMC's commitment to regular yoga sessions underscores their holistic approach to fostering community health and environmental stewardship in Navi Mumbai.Read more

28 Jun 2024

On June 24, 2024, Navi Mumbai Municipal Corporation (NMMC) Commissioner Dr. Kailas Shinde conducted a surprise inspection of all departments at the NMMC headquarters. Accompanied by Deputy Commissioner Shri. Sharad Pawar, Dr. Shinde emphasised punctuality, proper document storage, and cleanliness. He directed the activation of the CCTV control room and improvements in emergency management procedures. Dr. Shinde also advocated for the publicising of Swachh Survekshan and Majhi Vasundhara Abhiyaan messages. These measures aim to create a more efficient, people-oriented administration across all NMMC offices.Read more

27 Jun 2024

Navi Mumbai's youth are making a difference through a special coastal clean-up campaign. 70 students from Tejaswa Career Academy enthusiastically participated, aligning with the municipal commissioner's call for increased public involvement in cleanliness efforts. The campaign was overseen by local officials, including Dr. Kailas Gaikwad and Shri. Sunil Pawar. Students joined residents, sanitation workers, and officers to collect significant waste from the Ghansoli Palm Beach area. This collaborative effort showcases the power of community engagement in maintaining a clean and healthy environment. Dr. Shinde's initiative is proving successful, with Navi Mumbai's youth leading the way towards a more sustainable city.Read more