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

Maharashtra launches Bharat Taxi at Navi Mumbai airport with surge-free fare model

26 Jul 2026

The Maharashtra government has launched the Bharat Taxi ride-sharing service at the Navi Mumbai International Airport premises, introducing a zero-commission, surge-free platform aimed at benefiting both passengers and drivers. The service follows traditional meter-taxi fares and allows drivers to receive earnings directly without intermediary deductions. The first phase has started with 600 taxis in the Mumbai Metropolitan Region, with plans to expand across Maharashtra. The initiative is being rolled out under a cooperative model through Sahakar Taxi Co-op Ltd and is positioned as an Indian alternative to app-based ride-hailing platforms.Read more

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Navi Mumbai civic team carries out two-day cleanliness drive in Pandharpur during Ashadhi Wari

25 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) deployed a special sanitation team to Pandharpur to support cleanliness efforts during the Ashadhi Wari pilgrimage, when lakhs of devotees visited the holy town. The initiative was undertaken as part of the Maharashtra Government's 'Adopt Cleanliness, Drive Away Diseases' campaign. The team carried out a two-day cleaning drive across key public locations, including the Vitthal Temple precinct, market area, Chandrabhaga riverfront and public toilets. The initiative aimed to maintain hygiene, prevent the spread of diseases and ensure a clean environment for pilgrims throughout the annual religious gathering.Read more

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NMMC to adopt scientific tree management after expert review of monsoon tree falls

25 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) is preparing a scientific tree management strategy after widespread tree falls during the heavy rainfall witnessed in July 2026. Municipal Commissioner Dr Kailas Shinde chaired a meeting with arborists and tree experts to examine the causes behind uprooted trees and identify preventive measures. The experts attributed most incidents to restricted root growth caused by excessive concretisation, improper pruning, waterlogging, root damage during utility works and species-specific characteristics. Based on the recommendations, NMMC plans to introduce a standard operating procedure (SOP) for tree pruning, conduct scientific risk assessments, document vulnerable trees and adopt urban forestry guidelines to improve tree safety while preserving the city's green cover.Read more

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Navi Mumbai civic body deploys special sanitation team for Pandharpur Ashadhi Wari

22 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) has deployed a special sanitation team to Pandharpur as part of the Maharashtra government's Safai Apnao, Bimari Bhagao campaign during the Ashadhi Wari pilgrimage. With lakhs of devotees expected to visit the temple town, the civic body will undertake a two-day cleanliness drive focused on maintaining hygiene across key public areas. The operation will be carried out under the guidance of Municipal Commissioner Dr Kailas Shinde and will include sanitation inspectors, sanitation workers and specialised suction and jetting units. The initiative aims to ensure a clean and hygienic environment around the temple precincts, public conveniences and sewerage infrastructure during one of Maharashtra's largest annual religious gatherings.Read more

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NMMC confirms recruitment examinations will proceed as scheduled

22 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) has clarified that the online recruitment examinations under its Direct Recruitment 2025–26 drive will be conducted as scheduled on July 21 and 22 despite an earlier resolution passed by the General Body seeking a temporary suspension of the recruitment process. The civic body received 19,220 applications for 132 vacancies across Group A, Group B and Group C cadres. The examinations will be conducted by TCS iON across 13 centres in six districts. NMMC has put in place extensive administrative and security measures, including the appointment of coordination officers and observers, police deployment and mobile jammers, while urging candidates to rely only on official sources for recruitment-related information.Read more

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Aurum PropTech posts INR 45.18 crore Q1 profit on Navi Mumbai asset sale

22 Jul 2026

Aurum PropTech Ltd reported a consolidated net profit of INR 45.18 crore for the first quarter of FY2026–27, reversing a loss recorded a year earlier, primarily due to gains from the sale of two commercial buildings in Navi Mumbai. The Mumbai-based PropTech company also reported a rise in total income to INR 119.01 crore during the April–June quarter. The asset sale, valued at INR 112 crore, was completed during the quarter, with the balance gain recognised as other income from discontinued operations. The results come days after Aurum PropTech announced the acquisition of Housing.com in an all-equity transaction aimed at expanding its digital real estate ecosystem.Read more

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Slab collapse at Koparkhairane residential building prompts evacuation

19 Jul 2026

A portion of the third-floor slab in a residential building at Koparkhairane, Navi Mumbai, collapsed during the past week, prompting the Navi Mumbai Municipal Corporation (NMMC) to evacuate the building as a precautionary measure. The incident occurred at Arthav Society in Sector 18, where the slab of Flat No. 302 gave way and fell into the flat directly below. No casualties or injuries were reported. As part of emergency safety measures, civic authorities arranged temporary accommodation for affected residents at Annasaheb Patil Hall in Sector 5, disconnected electricity and water supply to the building, and sealed the premises. Police personnel have also been deployed at the site to prevent unauthorised access.Read more

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Nexus Seawoods Mall to host three-day Purple Day Sale across retail categories

Navi Mumbai News Desk

19 Jul 2026

Nexus Seawoods Mall will host the Purple Day Sale from July 10 to 12, offering discounts across fashion, footwear, electronics, accessories and lifestyle categories as part of a wider campaign across participating Nexus Select Malls. The three-day retail event will feature offers of up to 50% on selected merchandise from several national and international brands, alongside in-store promotions and customer engagement activities. The initiative comes as organised retail centres continue to use large-scale promotional events to increase footfall and drive consumer spending across multiple product segments beyond traditional end-of-season apparel sales.Read more

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Navi Mumbai marks ‘Namaste Diwas’ with PPE kit distribution for sanitation workers

19 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) observed ‘Namaste Diwas’ by distributing personal protective equipment (PPE) kits to sanitation workers in recognition of their contribution to maintaining the city's cleanliness. Speaking at the event, Mayor Sujata Patil said the initiative provided an opportunity to express gratitude towards sanitation personnel, whose efforts have contributed significantly to Navi Mumbai's ranking among India's cleanest cities. The civic body also organised health check-up camps for sanitation workers across its 26 urban health centres and reaffirmed its commitment to strengthening mechanised sanitation services and worker safety.Read more

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Navi Mumbai civic chief directs citywide road repairs and infrastructure inspections after heavy rainfall

18 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) has instructed its engineering and civic departments to undertake immediate road repairs, inspect all manhole covers and strengthen monsoon preparedness following continuous heavy rainfall recorded during the first week of the month. Municipal Commissioner Dr Kailas Shinde directed officials to prioritise pothole repairs, prevent waterlogging, improve drainage infrastructure, ensure electrical safety, maintain water supply and sewerage systems, and intensify cleanliness drives. The civic body has also asked officials to promote rainwater harvesting and urged residents to adopt preventive measures against waterborne and vector-borne diseases during the monsoon season.Read more

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Navi Mumbai Municipal Corporation intensifies anti-mosquito drive at 270 construction sites during monsoon

18 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) has launched a focused drive to prevent mosquito breeding at construction sites across the city during the monsoon, targeting 270 active projects under the jurisdiction of its 26 Urban Primary Health Centres. The campaign includes weekly larvicide spraying, chemical fogging, guppy fish deployment and inspections of labour camps to curb the spread of vector-borne diseases such as dengue and malaria. The civic body said 265 construction sites have already been stocked with guppy fish, while more than 3,500 workers' residential units have been treated over the past three months. The initiative forms part of NMMC's broader public health strategy amid continued residential development and redevelopment activity across Navi Mumbai.Read more

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Navi Mumbai International Airport begins international operations with Abu Dhabi flight

16 Jul 2026

Navi Mumbai International Airport (NMIA) has started its international operations with Air India Express launching direct flights to Abu Dhabi, marking a key milestone in the airport's expansion. The three-times-a-week service is the first international route from NMIA since domestic operations began late last year. Along with passenger services, the inaugural flight also carried the airport's first international perishable export shipment. The development strengthens aviation connectivity across the Mumbai Metropolitan Region while supporting trade, cargo movement and future international expansion through additional airline partnerships and overseas destinations.Read more

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Heavy rain and strong winds bring down 62 trees across Navi Mumbai as civic teams remain on high alert

12 Jul 2026

Navi Mumbai recorded an average rainfall of 53.40 mm between 8.30 am and 5.30 pm on 6 July, following two consecutive days of exceptionally heavy rainfall across the municipal area. Strong winds accompanying the rain resulted in 62 tree fall incidents, prompting the Navi Mumbai Municipal Corporation's Fire Department to undertake continuous clearance operations to restore traffic movement. The civic administration has kept its emergency response machinery on alert under the directions of Municipal Commissioner Dr Kailas Shinde, while Mayor Sujata Patil reviewed the ground situation during field inspections. Residents have been advised to avoid unnecessary travel, stay away from trees and vacate buildings declared structurally unsafe as heavy rainfall continues across the city.Read more

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Navi Mumbai mayor inspects building collapse sites and monsoon-affected areas, orders swift safety measures

11 Jul 2026

Navi Mumbai Mayor Sujata Patil visited two recent building accident sites and several monsoon-affected locations across the city in the past week to review the civic response and direct officials to expedite safety and relief measures. The inspection covered the Avighna Society building in Shahbaz Belapur, where a balcony slab collapsed, and Geeta Apartment in Juhugaon, Vashi, where a falling external slab claimed one life. The mayor also assessed waterlogging near Mahape MIDC and drainage works along the Thane-Belapur Road. During the field visit, officials were instructed to accelerate structural assessments, remove hazardous portions of damaged buildings, improve drainage, clear fallen trees and strengthen emergency response efforts amid continuing heavy rainfall.Read more

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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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