23 Sep 2025

House of Abhinandan Lodha (HoABL) has committed INR 200 crore to an affordable housing project in Naigaon, Mumbai, in collaboration with Mittal Builders. The 12-acre development will be executed in two phases over five years, aiming to deliver approximately 1.4 million square feet of residential space. Additionally, HoABL plans to expand its affordable housing initiatives by identifying seven more sites across the Mumbai Metropolitan Region, including one near the upcoming Navi Mumbai International Airport. These projects will be joint ventures with landowners, targeting a combined development potential of over 2 million square feet.Read more

23 Sep 2025

The Brihanmumbai Municipal Corporation (BMC) is planning to construct a 4.2 km flyover along LBS Marg, extending from Kalpana Talkies in Kurla West to Pankhe Shah Baba Dargah in Ghatkopar West. This initiative aims to alleviate persistent traffic congestion at major junctions such as Andheri-Ghatkopar Link Road, Ghatkopar Station Road, and Sant Narsi Mehta Road. The Veermata Jijabai Technological Institute (VJTI) is tasked with designing the flyover, considering existing infrastructure like the MRIDC bridge and the Metro line. The project is currently in the planning phase.Read more

23 Sep 2025

NAREDCO Maharashtra has announced the fourth edition of the Homethon Property Expo, scheduled to be held later this week at the Jio World Convention Centre, BKC, Mumbai. With more than 50,000 registrations already recorded, the event is expected to see unprecedented participation. Featuring a newly introduced mascot, over 1,000 projects, exclusive financing schemes, and the concurrent Real Estate Forum, the expo is positioned as a key platform for developers, policymakers, and buyers alike.Read more

23 Sep 2025

The Mumbai Metropolitan Region Development Authority (MMRDA), under the supervision of Metropolitan Commissioner Dr Sanjay Mukherjee, carried out a detailed inspection of the Atal Setu earlier this week. Officials observed minor surface distress along a two-kilometre stretch on the Navi Mumbai-bound carriageway, attributed to heavy monsoon conditions and continuous traffic load. The contractor has been instructed to repair the patchwork within five days, alongside strict enforcement actions including financial penalties and an extended defect liability period.Read more

23 Sep 2025

Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive in the Koparkhairane division after property owners ignored prior notices. The operation, led under the directives of Municipal Commissioner Dr Kailas Shinde and senior officials, targeted unauthorised construction linked to Rajpal Hospital in Sector 10. A partial demolition was conducted, and a penalty of INR 50,000 was imposed. The civic body emphasised that strict action against unauthorised developments would continue across the city.Read more

22 Sep 2025

The Navi Mumbai Municipal Corporation (NMMC) has issued fresh directives for pet dog owners, reminding them of licensing requirements, mandatory vaccination, and responsible handling while in public spaces. The move comes in the backdrop of complaints regarding aggressive dog breeds and rising incidents of stray dog-related issues. NMMC also reiterated compliance with Supreme Court and Animal Welfare Board guidelines, warning that failure to adhere would attract penalties.Read more

22 Sep 2025

Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive in Vashi against an unauthorised building despite prior notices being served. The action, initiated under the directives of Municipal Commissioner Dr Kailas Shinde, was supervised by Additional Commissioner Dr Rahul Gethe and Deputy Commissioner Dr Kailas Gaikwad. The partial demolition was supported by civic engineers, encroachment officials, police, and workers, with heavy machinery and labour deployed. Authorities indicated that such anti-encroachment operations would be intensified in the coming period.Read more

21 Sep 2025

Actor Sanjay Mishra has purchased a sea-view apartment in Raheja Exotica Cyprus, Madh Island, Mumbai, for INR 4.75 crore. The flat, spread across 1,701 sq ft with an additional deck area, places him in the same project where singer Jubin Nautiyal bought a home late last year. Mishra joins several film personalities who have invested in this coastal location, which has seen rising property rates due to upcoming infrastructure like the Versova-Madh bridge and Bandra-Versova Sea Link.Read more

20 Sep 2025

Rajendra Lodha, a former director at Lodha Developers, was arrested in Mumbai on September 17 in connection with an alleged fraud uncovered during an ongoing investigation. Lodha was taken into custody from his Worli residence by the Mumbai Crime Branch property cell and brought to court, which remanded him to police custody until September 23. He had resigned from all positions at Lodha Developers on August 17, 2025, at the company's request, after an ethics committee reviewed his conduct. Lodha Developers has referred the matter to authorities and is implementing recommendations from an external review.Read more

19 Sep 2025

The Mumbai Metropolitan Region Development Authority (MMRDA) will suspend Mumbai Monorail services later this month to fast-track major modernisation works. The upgrade includes the installation of a new indigenously developed CBTC signalling system, expected to improve safety, reduce train intervals, and enhance reliability. Ten new Make-in-India rakes are being procured, with eight already delivered, while older rakes will undergo overhauls and retrofitting. The suspension allows round-the-clock work, as limited night-time windows had slowed progress. Officials assured commuters that once services resume, the monorail will return stronger, safer, and more dependable, reinforcing Mumbai's transport network with modern technology and better fleet integration.Read more

18 Sep 2025

Smartworks Coworking Spaces has leased 5.57 lakh sq ft at Intellion Park, Navi Mumbai, marking its largest managed office campus in the city and pushing its total leased Mumbai portfolio beyond 10 lakh sq ft. The move addresses growing demand for flexible workspaces among enterprises. With a presence across 14 cities in India and Singapore, Smartworks caters to over 730 clients, including Forbes 2000 firms and startups. Tata Realty emphasized the collaboration's potential to deliver world-class, scalable work environments and set new benchmarks in Navi Mumbai's commercial real estate sector.Read more

18 Sep 2025

The Securities and Exchange Board of India (SEBI) has leased a 5 BHK apartment in Prabhadevi, Mumbai for its new chairman, Tuhin Kanta Pandey, at a monthly rent starting at INR 7 lakh. The three-year lease totals INR 2.65 crore, with annual escalations. The apartment is part of Rustomjee Crown Tower and includes four parking spaces. SEBI clarified that the arrangement falls under its approved housing policy. The deal comes amid a steady rise in luxury rental transactions in Mumbai, where more than 3 lakh agreements are registered annually.Read more

18 Sep 2025

The Brihanmumbai Municipal Corporation (BMC) has reset deadlines for several key bridge and flyover projects to improve coordination and ease traffic congestion. The Vidyavihar Flyover will see its eastern side completed by December 2025 and the western section by May 2026, pending relocation of affected residents. Sion Flyover is also scheduled for May 2026, while a delayed foot overbridge there is now due in October 2025. At Mahalaxmi, the city's first cable-stayed rail overbridge is targeted for November 2026. Bellasis Flyover near Mumbai Central has an internal deadline of December 2025. Officials emphasised timely completion to avoid disruptions following past closures of unsafe bridges.Read more

18 Sep 2025

The Mumbai Metropolitan Region Development Authority (MMRDA) has announced that the 20-km Mumbai Monorail network will be shut from September 20 for a two-month upgrade programme. The decision follows a series of technical failures in recent weeks, including trains stalling during heavy rain. The upgrade plan involves inducting new rakes, installing an advanced signalling system, and overhauling the existing fleet. Once complete, train frequency is expected to improve to 8-10 minutes. The system, first launched in 2014 but plagued with frequent breakdowns, will be operated by Maha Mumbai Metro Operation Corporation Limited (MMMOCL) after the upgrade.Read more

18 Sep 2025

Prime Minister Shri Narendra Modi will inaugurate the final stretch of Mumbai's underground Metro Line 3 from Acharya Atre Chowk in Worli to Cuffe Parade on September 30. On the same day, he will also launch the Navi Mumbai International Airport, a key project aimed at reducing the load on Chhatrapati Shivaji Maharaj International Airport. Metro Line 3, spread across 33.5 km with 27 stations, is the city's first fully underground corridor and a long-delayed project. With its completion, south Mumbai's business hubs will be directly connected to Bandra-Kurla Complex (BKC) and other suburbs, cutting travel time, easing congestion, and offering a faster, cleaner transport option for lakhs of commuters.Read more