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 : Mumbai City

Mumbai’s Air India building to undergo INR 181 crore upgrade following state acquisition

Mumbai News Desk

17 Jun 2026

The Maharashtra government has approved an INR 181 crore refurbishment programme for Mumbai’s Air India building at Nariman Point, acquired earlier this month for INR 1,601 crore. The six-month project will include structural repairs, electrical upgrades, safety improvements and infrastructure modernisation before government departments are relocated. The 23-storey landmark will be converted into a consolidated administrative hub as part of the state’s effort to reduce spending on leased office space and centralise operations within a government-owned property.Read more

cover photo

Embassy Developments awards INR 850 crore construction contract for Worli project

17 Jun 2026

Embassy Developments Ltd has awarded a construction contract worth over INR 850 crore to Leighton Asia for its residential development Embassy Citadel in Worli, Mumbai. The company confirmed the development through a regulatory filing earlier this week, stating that the contract includes complete civil and structural works for the project. The development spans a total developable area of 1.6 million sq ft. Embassy Developments, which operates across major Indian cities including Bengaluru, Mumbai Metropolitan Region, Delhi-NCR, Chennai and Indore, continues to strengthen its presence in large-scale residential construction projects through structured partnerships.Read more

cover photo

Mumbai accelerates Sion road overbridge reconstruction, reopening targeted for March 2027

Mumbai News Desk

17 Jun 2026

Construction of Mumbai’s Sion Road Over Bridge is progressing, with the Brihanmumbai Municipal Corporation targeting reopening by March 2027. The bridge, a key east-west link connecting Sion, Dharavi and surrounding areas, is being rebuilt in coordination with railway authorities following demolition of the ageing structure. The project involves complex engineering work over active rail lines and forms part of Mumbai’s broader infrastructure renewal programme aimed at improving traffic flow, connectivity and safety across one of the city’s busiest transport corridors.Read more

cover photo

JVM Shanay Vista

17 Jun 2026

Mumbai City, India

JVM Shanay Vista is a premium residential project in Ghatkopar East, Mumbai, offering luxurious 2 & 3 BHK apartments with modern amenities including swimming pool, fitness center, club house, landscaped gardens, children's play area, and 24/7 security. Located in Ghatkopar East near Eastern Express Highway and Ghatkopar Railway Station, it provides excellent connectivity to Central Line, Vikhroli, Kanjurmarg, top schools, hospitals, shopping destinations like R City Mall, and is close to IIT Bombay.

View Website | Visit RERA website

cover photo

Cluster redevelopment takes centre stage in Mumbai’s urban renewal push

Mumbai News Desk

16 Jun 2026

Cluster redevelopment is gaining traction across Mumbai as developers and public agencies increasingly pursue large-scale projects covering multiple buildings and neighbourhoods. Supported by policy incentives and redevelopment reforms, the model is helping consolidate fragmented land parcels and facilitate integrated planning for housing and infrastructure upgrades. Several major projects have recently advanced under this framework, reflecting a broader shift away from standalone society redevelopments towards area-wide urban renewal aimed at addressing ageing housing stock and land constraints in the city.Read more

cover photo

BMC identifies 1,124 signboards violating Marathi-first display rule in citywide inspection drive

Mumbai News Desk

16 Jun 2026

• BMC has identified 1,124 commercial establishments across Mumbai that are not complying with the Marathi-first signboard requirement during the first phase of a citywide inspection drive.
• The inspections covered more than 35,000 shops and establishments following directions to strengthen enforcement of Marathi signage regulations under the Shops and Establishments framework.
• Multiple media reports indicate that civic officials have issued notices to violators and are preparing further action against establishments that fail to comply within the stipulated timeframe.
Read more

cover photo

Mumbai Coastal Road's northern arm likely by end-2028, says Shri Devendra Fadnavis after project review

Mumbai News Desk

16 Jun 2026

• Maharashtra Chief Minister Devendra Fadnavis has said the northern arm of the Mumbai Coastal Road project is expected to be completed by December 2028.
• The corridor will create a signal-free route connecting Nariman Point to Bhayandar, easing pressure on the Western Express Highway.
• The project's northern section, stretching from Versova to Bhayandar, has been divided into multiple construction packages, including tunnels and elevated corridors.
• During his site visit, Shri Devendra Fadnavis also emphasised environmental compliance, including compensatory mangrove plantation, while reiterating plans to develop a new commercial district along the corridor.
Read more

cover photo

Bombay HC sets six-week deadline for SEBI in Embassy REIT proceedings

Mumbai News Desk

16 Jun 2026

Embassy Group has challenged a writ petition linked to allegations surrounding certain transactions, describing the filing as a repetition of issues that have already been examined by regulators and judicial forums. The company stated that the matter remains under review by the Securities and Exchange Board of India (SEBI) and maintained that previous proceedings had addressed similar claims. The development has drawn attention across the real estate and infrastructure sectors, given Embassy’s significant presence in commercial property, business parks and infrastructure-linked assets.Read more

cover photo

Kriti Sanon family cashes out four Andheri apartments, clocks over 100% returns in five years

Mumbai News Desk

16 Jun 2026

Kriti Sanon, along with her mother Geeta Sanon and sister Nupur Sanon, has sold four apartments in Mumbai’s Andheri West for a combined INR 8.9 crore, according to property registration records. The transactions involve residential units purchased in 2020 and sold in June 2026, generating substantial capital appreciation over the holding period. The deals highlight the sustained strength of Mumbai’s premium residential market, particularly in established western suburban locations where property values have witnessed significant growth despite fluctuations in the broader real estate cycle.Read more

cover photo

Oberoi Realty capitalises Bandra East SPV with INR 268.50 crore to advance 99-year RLDA railway land lease

Mumbai News Desk

16 Jun 2026

Oberoi Realty infused INR 268.50 crore into its wholly owned subsidiary Centerstage Realty Private Limited on 9 June 2026, meeting the minimum paid-up capital requirement stipulated in the bid documents for the Railway Land Development Authority's Bandra East land parcel. The SPV, incorporated just a week earlier on 2 June 2026, will exclusively execute the development of approximately 45,371 sq m of railway land adjoining the Western Express Highway, leased for 99 years. This follows Oberoi's earlier first tranche payment of INR 247.50 crore to RLDA and its winning bid of INR 5,400 crore in February 2026.Read more

cover photo

Wind barriers installed on Mumbai-Pune Expressway bridge to counter crosswinds

Mumbai News Desk

16 Jun 2026

MSRDC has begun installing specialised wind barriers on the cable-stayed bridge section of the Mumbai-Pune Expressway’s missing link project to improve motorist safety. The barriers are being erected along the 650-metre bridge over Tiger Valley, where strong crosswinds can affect vehicle stability due to the structure’s height and location. Designed to reduce wind impact and lateral movement, the installation is intended to enhance safety during monsoons and extreme weather while supporting the operation of the new corridor.Read more

cover photo

Mobile connectivity rollout begins on Mumbai Metro Line 3 as telecom operators expand network coverage

Mumbai News Desk

16 Jun 2026

• Mobile network services are being restored across Mumbai Metro Line 3’s underground Aqua Line after a prolonged connectivity gap.
• Airtel has activated services between SEEPZ and BKC, while Vodafone Idea has extended coverage from SEEPZ to Acharya Atre Chowk, with further expansion planned.
• The rollout follows the resolution of infrastructure-related issues between telecom operators and the Mumbai Metro Rail Corporation.
• Full corridor-wide coverage, including the stretch up to Cuffe Parade, is expected to be introduced in phases over the coming weeks.
Read more

cover photo

Court upholds tenancy rights of woman occupant in Mumbai property dispute

16 Jun 2026

A Mumbai court has upheld the tenancy rights of a woman occupant in a long-running property dispute, ruling that her lawful occupation and tenancy status could not be extinguished through competing ownership claims. The judgment reaffirmed protections available to tenants under existing tenancy laws and clarified that tenancy rights survive changes in property ownership. The ruling is expected to have implications for similar disputes involving inherited tenancy claims, redevelopment projects and landlord-tenant conflicts across the city.Read more

cover photo

Buildarch Saffron

16 Jun 2026

Mumbai City, India

Buildarch Saffron is a new launch boutique residential project by Buildarch at Shivaji Park, Dadar West, Mumbai, offering Vastu-compliant 1 RK, 1, 2, 3 & 4 BHK apartments across 1 building with 28 units on 0.11 acres. Located in the peaceful Hindu Colony area with modern amenities including CCTV, rainwater harvesting, power backup, it offers seamless connectivity to Shivaji Park Monorail Station, Eastern Express Highway, Hinduja Hospital, and Bombay Scottish School.

View Website | Visit RERA website

cover photo

Mithi River desilting misses June 10 deadline as key stretches remain incomplete

Mumbai News Desk

15 Jun 2026

Mumbai's annual Mithi River desilting exercise has missed its June 10 completion deadline, with major stretches in Kurla and Bandra-Kurla Complex (BKC) still awaiting clearance before the peak monsoon season. While the Brihanmumbai Municipal Corporation (BMC) has reported that around 84% of the planned desilting work has been completed, pending works at several critical locations have raised concerns over the city's flood preparedness. Officials have attributed the delays to operational challenges and have stated that work will continue until the remaining stretches are cleared.Read more

cover photo

As reservoir levels shrink, BMC turns to Mumbai’s forgotten wells for water resilience

Mumbai News Desk

15 Jun 2026

• Facing declining reservoir levels and delayed monsoon progress, the BMC has launched a citywide initiative to identify, revive and utilise nearly 350 open wells across Mumbai.
• The wells will be restored primarily for non-potable uses such as construction, gardening and civic maintenance, helping reduce pressure on the city’s potable water supply network.
• The move comes as Mumbai’s combined lake storage has fallen to around 12.12% of total capacity, prompting authorities to explore alternative water sources and strengthen conservation measures.
Read more

cover photo

Juhu apartment fire injures eight, raises fresh concerns over residential building safety

15 Jun 2026

• Eight people were injured after a fire gutted a flat in a residential building in Juhu, Mumbai, prompting a large emergency response from fire and civic authorities.
• The blaze caused extensive damage to the affected apartment, while injured residents were shifted to hospital for treatment.
• Authorities have launched an investigation into the cause of the fire, with the incident renewing attention on fire safety preparedness and emergency response measures in residential buildings across Mumbai.
Read more

cover photo

Shreyas Iyer takes Worli luxury apartment on rent with INR 7.14 crore lease deal

Mumbai News Desk

15 Jun 2026

• Cricketer Shreyas Iyer has leased a luxury apartment in Mumbai’s Worli for three years with a total rental commitment of around INR 7.14 crore.
• The 3,875 sq ft apartment is located in the premium Artesia residential tower and comes with four car parking spaces.
• The lease starts at a monthly rent of INR 18.5 lakh, with a 7% escalation built into the agreement each year.
• Property records show a security deposit of INR 74 lakh, along with stamp duty of INR 1.84 lakh and registration charges of INR 1,000.
• The transaction highlights continued demand for luxury rental homes in Worli, one of Mumbai’s most expensive residential markets.
Read more

cover photo

Inside Mumbai’s Most Talked-About Dining Destinations

15 Jun 2026

Mumbai’s dining culture continues to evolve into a mix of experimental kitchens, global cuisines, neighbourhood social hubs and heritage-inspired restaurants that reflect the city’s shifting lifestyle patterns. Moving beyond its street food identity, the city now offers experiences ranging from artisanal Japanese dining and progressive Indian kitchens to relaxed suburban lounges and coastal fine dining institutions. Restaurants such as Masque, Ekaa, Wasabi by Morimoto, Trishna, Mizu, Tanatan and Mitron highlight how Mumbai’s food landscape is increasingly shaped by design, experience and storytelling as much as by food itselfRead more

cover photo

Gurukrupa Ekam

15 Jun 2026

Mumbai City, India

Gurukrupa Ekam is a residential project by Gurukrupa Realcon in Jogeshwari West, Mumbai, offering 2 & 3 BHK apartments spread across 331 homes on 1 acre. Located close to Link Road in the active city neighborhood, it provides convenient daily travel access with shops, markets, and local services nearby, making it ideal for families seeking familiar and well-connected living in Jogeshwari West.

View Website | Visit RERA website

cover photo