16 Dec 2025

The Brihanmumbai Municipal Corporation has ordered a temporary halt to construction at the Prestige Towers project in Mahalaxmi after identifying violations of mandatory air pollution control norms. Inspections revealed inadequate dust mitigation measures, including insufficient barricading, lack of continuous water sprinkling and absence of required dust suppression systems. The civic body said these lapses could worsen air quality and pose health risks to nearby residents, commuters and on-site workers. The action is part of BMC's intensified monitoring of construction sites across Mumbai, especially during periods of high pollution. Work at the site will remain suspended until all prescribed air quality and environmental safeguards are fully implemented and verified.Read more

16 Dec 2025

The Brihanmumbai Municipal Corporation (BMC) conducted an online lottery for 426 residential units under the Development Control and Promotion Regulations 2034, with 373 applicants selected and 362 placed on a waiting list. Successful applicants are being notified through email, followed by official letters for document verification. BMC also plans another draw for 296 units across the city. This move reinforces the civic body's efforts to make affordable housing accessible to Economically Weaker Section (EWS) and Low-Income Group (LIG) applicants, addressing the long-standing demand for inclusive homes in Mumbai.Read more

16 Dec 2025

The City and Industrial Development Corporation (CIDCO) has launched an etender to seek proposals from qualified firms, joint ventures, or consortiums to carry out a techno commercial feasibility study for a potential third runway at the Navi Mumbai International Airport (NMIA). The six month consultancy will assess both technical and commercial viability to support future air traffic growth and operational needs. Bidders who meet eligibility criteria will be evaluated, and the consultant will be chosen through the Least Cost Selection method. Tender details are available on CIDCO's eportal from mid December.Read more

16 Dec 2025

The Navi Mumbai Municipal Corporation has intensified its enforcement drive against illegal use of marginal spaces and unauthorised hawkers across multiple wards. Civic teams carried out coordinated inspections in Vashi, Belapur and the APMC Market area, seizing materials and collecting penalties exceeding INR 1.55 lakh as part of a citywide effort to keep roads and footpaths obstruction-free.Read more

16 Dec 2025

Mahanagar Telephone Nigam Ltd has received board approval to sell its residential property block in Mumbai's Bandra Kurla Complex to NABARD for INR 350.72 crore through a government-to-government transaction. The asset, known as GN Block BKC Quarters, comprises 28 residential units spread over a prime plot in one of the city's most sought-after commercial districts. The sale forms part of MTNL's ongoing non-core asset monetisation programme approved by the government. NABARD will bear stamp duty and registration costs, while MTNL will clear prior dues. The transaction is expected to support MTNL's financial restructuring while unlocking value from high-potential urban real estate.Read more

16 Dec 2025

The Navi Mumbai Municipal Corporation has intensified its cleanliness drive by combining mechanised deep-cleaning of roads with large-scale public awareness initiatives. Over the past 20 days, civic teams have cleaned major roads, industrial zones and high-traffic areas using mechanical sweepers and treated water to reduce dust and air pollution. Alongside this, the civic body has rolled out community-led campaigns involving students and volunteers to promote waste segregation, curb plastic use and encourage responsible disposal practices. Cleanliness pledges, door-to-door outreach and on-ground demonstrations of wet waste composting are key elements of the programme. The integrated approach aims to improve environmental quality while building long-term civic participation across Navi Mumbai.Read more

16 Dec 2025

The Brihanmumbai Municipal Corporation (BMC) conducted an online lottery for 426 residential units under the Development Control and Promotion Regulations 2034, with 373 applicants selected and 362 placed on a waiting list. Successful applicants are being notified through email, followed by official letters for document verification. BMC also plans another draw for 296 units across the city. This move reinforces the civic body's efforts to make affordable housing accessible to Economically Weaker Section (EWS) and Low-Income Group (LIG) applicants, addressing the long-standing demand for inclusive homes in Mumbai.Read more

15 Dec 2025

The Airports Authority of India’s high-frequency radar at Dahisar in Mumbai will be relocated to Gorai, a move set to free up around 1,000 acres of land across 6 km for affordable housing projects. The decision, agreed upon by the Civil Aviation Ministry, Maharashtra government, and other stakeholders, aims to overcome building height restrictions imposed by radar installations in Dahisar and Juhu. Over the next five years, an estimated 50,000 homes are expected to be constructed or redeveloped, improving housing availability, urban infrastructure, and employment opportunities in North Mumbai.Read more

15 Dec 2025

Maharashtra Chief Minister Shri Devendra Fadnavis has announced that global asset manager Brookfield plans to invest over USD 1 billion to develop a large global capability centre (GCC) in the state. The proposed 2 million sq ft facility, likely to come up in Mumbai's Powai area, could become the largest GCC in Asia. The project is expected to create over 15,000 direct jobs and support nearly 30,000 indirect jobs. The investment aligns with Maharashtra's GCC policy aimed at large-scale job creation and Brookfield's plan to significantly expand its India-focused assets across real estate, infrastructure, renewable energy, and private equity.Read more

15 Dec 2025

Mumbai Port Authority has approved a INR 470?crore yacht marina at Cross Island, near Princess and Victoria Docks. Built on an EPC model, the project includes dredging, breakwaters, access roads, parking, and visitor facilities. A private operator will manage the marina under a 45?year concession and invest INR 417.37?crore to develop onshore facilities like repair yards, clubhouse, hotel, and restaurants over 4.2 hectares. Developed in three phases, the marina will accommodate more than 600 yachts, offering safe berthing, maintenance, and refuelling services, and enhancing Mumbai’s waterfront infrastructure.Read more

15 Dec 2025

The National Company Law Appellate Tribunal has asked Brookfield-backed Chronos Properties to renew its performance bank guarantee as part of its bid to acquire IL&FS’ Bandra Kurla Complex headquarters. The tribunal also restrained IL&FS from creating any third-party rights over the asset until the appeal concludes, keeping the dispute active ahead of the next hearing scheduled for early February.Read more

15 Dec 2025

The Bombay High Court has questioned the BMC’s shifting stance on Mehta Mahal, a commercial building near Opera House on Charni Road. A 2021 audit rated the building as C2B, meaning it needed urgent repairs but was safe for occupants. Later, an IIT-Bombay report labelled it C1, recommending demolition, prompting the BMC to issue notices before admitting the downgrade was due to miscommunication. The court criticised the inconsistent classifications and asked the civic commissioner to review all records and explain the decisions. A hearing on January 14, 2026, will determine next steps, highlighting broader concerns about clarity and accountability in Mumbai’s building safety system.Read more

14 Dec 2025

Mumbai’s rapid infrastructure expansion—driven by new metro routes and the evolving coastal road network—is reshaping suburban real estate. Faster travel across the city, with commute times on key stretches dropping from 90 to about 30 minutes, has boosted demand in areas like Andheri, Goregaon, Chembur and the Bandra–Khar–Santacruz belt. Improved accessibility, better lifestyle amenities and stronger investment prospects are drawing more homebuyers and professionals to the suburbs. Real estate near metro stations is commanding a premium, while the coastal road is unlocking new development potential along the western waterfront. Together, these projects are fuelling transit-oriented growth, elevating liveability and supporting Mumbai’s long-term urban development vision.Read more

13 Dec 2025

Brookfield Properties is set to invest over USD 1 billion in Maharashtra to build a 2 million sq ft global capability centre, expected to be Asia's largest. The facility will create over 15,000 direct jobs and around 30,000 indirect jobs. Active in India for 15 years, Brookfield manages USD 30 billion in assets and plans to grow this to USD 100 billion in five years. Maharashtra's GCC policy, aimed at generating 4 lakh jobs, is focusing on Mumbai and Pune, with the new facility planned for Powai.Read more

12 Dec 2025

Marriott International has opened Le Méridien Navi Mumbai, a 129-key upscale hotel located about 12 km from the upcoming Navi Mumbai International Airport. The launch marks the brand’s debut in Navi Mumbai and strengthens Marriott’s footprint in the Mumbai Metropolitan Region. The company said the new airport is expected to drive growth in business travel, tourism and commercial activity across the corridor. Strategically positioned, the hotel is designed to serve corporate travellers, transit passengers and leisure guests. Marriott noted that Navi Mumbai is emerging as a key commercial and logistics hub, making the opening timely. The new property adds momentum to the premium hospitality segment as infrastructure-led development continues in the region.Read more

12 Dec 2025

The BMC has issued a INR 3,000 crore tender to construct the Gargai dam in Palghar, Maharashtra, along with a 1.6km tunnel connecting it to the Modak Sagar reservoir. Initially approved in 2013, the project was delayed due to environmental concerns but received clearances earlier this year. Once operational, the dam will supply 440–450 MLD of water to Mumbai. The plan includes relocating six villages, compensatory afforestation, installing a hydropower unit, and building supporting infrastructure. Completion is targeted by 2029, enhancing Mumbai’s long-term water security.Read more

11 Dec 2025

MHADA has reopened its online tender for 16 amenity plots across Mumbai after the earlier round failed to draw bids. The plots, located in areas such as Malad-Malvani, Goregaon’s Unnat Nagar, Kandivli Charkop, Vikhroli, Gorai, Akurli, Kurla and Mulund (East), range from 32 sq m to over 7,000 sq m. They are earmarked for community uses including schools, hospitals, playgrounds, shopping areas and welfare centres. MHADA hopes the fresh tender, which combines unsold and new plots, will attract greater interest from developers and institutions. Bidding opens in the second week of December and remains active until mid-January through MHADA’s online portal.Read more