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

BMC seeks 27,967 sq m land for Worli STP expansion

1 hour ago

The Brihanmumbai Municipal Corporation (BMC) has approached the Maharashtra government to acquire 27,967 sq m of land to support the expansion of the Worli sewage treatment plant. The move comes as part of the city’s broader infrastructure upgrade to improve wastewater treatment capacity and meet tightening environmental standards. With rising population density and increasing sewage generation, the proposed land addition is expected to strengthen operational efficiency and support long-term urban sustainability goals.Read more

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BMC orders restoration of Worli site over CRZ violation

7 hours ago

The Brihanmumbai Municipal Corporation (BMC) has directed an NGO to restore a Worli site to its original condition after unauthorised construction was carried out within a Coastal Regulation Zone (CRZ). The action follows violations linked to a beautification project undertaken without mandatory clearances. The civic body highlighted that prior approvals are compulsory under CRZ norms, and no post-facto permissions are allowed, reinforcing regulatory scrutiny over coastal developments.Read more

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S Raheja Worq

21 hours ago

Mumbai City, India

S Raheja Worq in Khar West, Mumbai, is a premium commercial development by S Raheja Realty offering modern flexi-leasing office spaces and co-working options in a prime high-street location near Linking Road and Bandra. Ideal for businesses seeking upscale Grade A workspaces with excellent connectivity to metro, domestic airport, and vibrant retail hubs.

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MIAL fines AIASL INR 10 lakh after Gulf Air aircraft damage at Mumbai airport

23 Apr 2026

Mumbai International Airport Limited has imposed a penalty of INR 10 lakh on AI Airport Services Limited after a ground handling incident led to damage of a Gulf Air aircraft at Mumbai airport. The incident occurred earlier this month when a detached dolly struck a parked aircraft, resulting in it being declared Aircraft on Ground (AOG). The airport operator cited reputational damage, revenue loss and operational disruption as key impacts. MIAL has also indicated it may seek additional compensation for losses arising from the incident, which affected airport operations and capacity utilisation.Read more

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Sattva Sumera

23 Apr 2026

Mumbai City, India

Sattva Sumera in Dadar East, Mumbai, is a premium new-launch residential project by Sattva Group and Alperton Developers, offering spacious 2 & 3 BHK apartments (740-1326 sq ft carpet) across 2.25 acres with modern amenities, Vastu-compliant designs, and excellent connectivity to Eastern Express Highway, metro lines, and corporate hubs. Ideal for upscale urban living near Peninsula Corporate Park and Dadar station.

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BMC’s INR 1,348 crore Lower Parel plot draws four major developers

Mumbai News Desk

22 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has received bids from four major developers for a prime six-acre land parcel in Lower Parel, with a base lease price of INR 1,348 crore. The land is being offered on a long-term lease under DCPR 2034 provisions, with the selected bidder required to rehabilitate existing occupants. The move follows a Supreme Court ruling that confirmed BMC’s ownership after a long legal dispute. The proposal is currently under review, with final approvals pending before the project moves to the next stage.Read more

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Bombay HC allows MHADA to use unclaimed Patra Chawl flats for public housing

Mumbai News Desk

22 Apr 2026

The Bombay High Court has permitted MHADA to use unclaimed flats in the Patra Chawl redevelopment for public housing if eligible residents fail to take possession by April 30. The court noted that completed homes should not remain unused in a city facing housing shortage. It also allowed delayed claim by residents with prior notice. The case includes concerns over construction quality, lease obligations, and misuse of rehabilitation units. The ruling aims to ensure better use of public housing stock while protecting the rights of original beneficiaries.Read more

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Mumbai MHADA plans 923-acre redevelopment to upgrade housing for over 75,000 residents

Mumbai News Desk

22 Apr 2026

The Maharashtra Housing and Area Development Authority has proposed a large-scale redevelopment covering 923 acres across several housing layouts in Mumbai. The plan is aimed at upgrading ageing colonies and rehabilitating over 75,000 residents once the projects are completed over the next 5 to 10 years after execution. The redevelopment will be implemented through a construction and development agency model, while MHADA remains the planning authority. Key areas include Charkop, Gorai, Bandra Reclamation, Motilal Nagar and others, with in-situ rehabilitation planned for eligible residents.Read more

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Office leasing falls 51% in Mumbai, Delhi-NCR to 3.28 mn sq ft in Q1

22 Apr 2026

Net office leasing in Mumbai and Delhi-NCR declined 51 per cent year-on-year to 3.28 million sq ft during the January–March quarter, primarily due to lower fresh supply, according to Cushman & Wakefield. Leasing in Mumbai fell 38 per cent to 1.77 million sq ft, while Delhi-NCR saw a sharper 61 per cent drop to 1.51 million sq ft. Fresh supply remained limited at 0.89 million sq ft in Mumbai and 1.8 million sq ft in Delhi-NCR. Across eight major cities, leasing fell 24 per cent to 11.51 million sq ft. Despite lower absorption, office rentals continued to rise across key micro-markets, reflecting sustained demand for Grade-A spaces.Read more

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Adani to get 17 lakh sq m sale area in Motilal Nagar redevelopment

22 Apr 2026

Gautam Adani-led Adani Group will receive 17 lakh sq m of free sale area in the 143-acre Motilal Nagar redevelopment project in Goregaon, Mumbai, with total investment estimated at INR 1 lakh crore. The project, to be executed over 10–15 years, will generate 28 lakh sq m of built-up space, with over 10.5 lakh sq m allocated for rehabilitation of existing residents and MHADA. The development, awarded under the CD&A model, will include mixed-use components and is expected to significantly increase housing supply, while rehabilitating 5,000 tenements and expanding occupancy to around 25,000 families.Read more

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Rustomjee Crescent

22 Apr 2026

Mumbai City, India

Rustomjee Crescent in Pali Hill, Bandra West, Mumbai, is an ultra-luxury gated 1.2-acre estate offering premium 3 & 4 BHK apartments and duplex penthouses with modern amenities, expansive greenery, and one of the longest rooftop pools in the area. Nestled in Mumbai's elite neighborhood, it provides seamless connectivity to schools, markets, and the airport for sophisticated urban living.

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MMRDA rolls out participatory land acquisition model for Mumbai 3.0 development

21 Apr 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced a participatory land acquisition framework for the planned Mumbai 3.0 project, covering over 323.44 sq km across Raigad district. The policy offers landowners multiple options, including consent-based acquisition, development rights compensation, and a land pooling model with 22.5% developed land return. Linked to the Atal Setu corridor, the initiative aims to promote planned urban expansion and infrastructure-led growth. Landowners will be able to submit consent through an online system starting April 27, 2026, marking a shift towards more inclusive and transparent development practices.Read more

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Mumbai civic body utilises 87% capex budget with strong infrastructure push

Mumbai News Desk

21 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has utilised around 87% of its capital expenditure budget, spending INR 39,159 crore out of INR 43,162 crore. This marks an increase from the previous year and reflects faster execution of infrastructure projects. Major spending was directed towards sewage treatment upgrades, road concreting, bridges, water supply, and stormwater drainage. While the administration has focused on improving long-term infrastructure, concerns have been raised about gaps in basic civic services and the need for better quality control in project execution.Read more

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NG Electro raises INR 150 crore from JM Financial PE, to expand manufacturing and R&D capacity

21 Apr 2026

NG Electro Products, a contract manufacturing platform focused on consumer goods, has secured INR 150 crore in funding from JM Financial Private Equity and family offices. The investment will be utilised to expand manufacturing capacity, strengthen research and development capabilities, and enhance quality and compliance infrastructure. The company serves consumer brands across home care, beauty and personal care, and nutraceutical segments. The investment was made through JM Financial India Growth Fund III, which targets multiple sectors including consumer, manufacturing, and technology. The funding reflects investor interest in scalable contract manufacturing platforms catering to evolving consumer product demand and product innovation requirements.Read more

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Kolte Patil Vivere

21 Apr 2026

Mumbai City, India

Kolte Patil Vivere in Goregaon West, Mumbai, offers premium 2 & 3 BHK residences with expansive layouts, 65% open spaces, luxury amenities like pools and gyms, and prime connectivity near Bangur Nagar Metro and Western Express Highway.

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Bombay HC allows higher FAR approvals subject to final case outcome

Mumbai News Desk

20 Apr 2026

The Bombay High Court has ruled that approvals granting higher floor area ratio (FAR) for real estate projects will remain conditional on the outcome of an ongoing legal case. The court clarified that while authorities may process and grant such permissions, they will not attain finality until the matter is adjudicated. The decision has implications for redevelopment and high-density projects, where additional FAR directly influences project viability and scale. The ruling comes amid disputes over planning norms and regulatory compliance, with developers and authorities seeking clarity on permissible construction limits. The case highlights the intersection of urban planning regulations and judicial oversight in Mumbai's development framework.Read more

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Bombay HC questions BMC, police over illegal hawkers near Goregaon station

Mumbai News Desk

20 Apr 2026

The Bombay High Court has raised concerns over the continued presence of illegal hawkers near Goregaon railway station and questioned the BMC and police on enforcement gaps. The issue was brought by a traders association citing business losses, obstruction and safety concerns. The court asked authorities to explain the lack of sustained action despite repeated complaints over the years. It also sought details on measures taken against repeat offenders. The matter forms part of a larger ongoing review of hawker regulation and implementation of the Street Vendors Act in Mumbai.Read more

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Suraj Estate Developers acquires Dadar West land for INR 18 crore, eyes INR 100 crore redevelopment project

Mumbai News Desk

20 Apr 2026

Suraj Estate Developers has acquired a land parcel in Dadar West, Mumbai, for a total consideration of INR 18 crore, comprising a cash component and area-sharing with landowners. The acquisition will be redeveloped into a residential project with an estimated gross development value (GDV) of around INR 100 crore. The site, located in the G/North ward, falls within a key South-Central Mumbai micro-market with established demand and connectivity. The project is expected to add approximately 0.18 lakh sq ft of saleable area and strengthen the company's near-term development pipeline within its core operating region.Read more

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Adani Energy commissions 1,000 MW Kudus–Aarey HVDC transmission link to strengthen Mumbai power supply

20 Apr 2026

Adani Energy Solutions Ltd has operationalised a 1,000 MW high-voltage direct current transmission link between Kudus and Aarey through its subsidiary Adani Electricity Mumbai Infrastructure Ltd. The project spans a 30-km overhead line and a 50-km underground corridor across the Mumbai Metropolitan Region and incorporates what is described as the world's first compact HVDC substation. The infrastructure enables Mumbai to draw higher volumes of electricity, including renewable energy, from outside the city. It is expected to reduce dependence on local generation, improve grid stability, and lower the risk of outages, while supporting the region's growing power demand within a dense urban environment.Read more

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Self-redevelopment gains momentum in Mumbai with policy push

Mumbai News Desk

20 Apr 2026

Self-redevelopment of housing societies in Mumbai is seeing steady growth with active support from the state government. A dedicated authority and financial backing have encouraged over 1,600 societies to explore independent redevelopment. The model is gaining attention as it allows residents to retain control and avoid delays linked to private developers. With nearly 13,500 old and dilapidated buildings still pending redevelopment, this approach is emerging as a practical alternative. However, access to funding, technical expertise and approvals remain key challenges that societies continue to face.Read more

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