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

CIDCO plans 374 ha logistics park in Navi Mumbai on connectivity advantage

3 hours ago

CIDCO has proposed an Integrated Logistics Park (ILP) spanning around 374 hectares in Navi Mumbai to strengthen the region’s position as a national logistics hub. The project will be developed near Chirle Village in Pushpak Node and will include core infrastructure, utilities and social amenities. The initiative is backed by Navi Mumbai’s proximity to JNPA port, the upcoming Navi Mumbai International Airport, and connectivity through major infrastructure such as the Mumbai Trans Harbour Link and Dedicated Freight Corridor. CIDCO has initiated the pilot phase by inviting bids for 12 plots. The development aligns with rising demand from e-commerce, manufacturing and trade, and aims to create a structured logistics ecosystem to improve cargo movement and attract investments.Read more

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Mumbai gaothan residents seek INR 300 crore fund, MHADA status for ageing homes

6 hours ago

Residents of Mumbai’s gaothan settlements have sought a dedicated INR 300 crore development fund and classification of their homes under MHADA to address long-standing infrastructure gaps and repair needs. The Mumbai Gaothan Panchayat has raised concerns over decades of limited civic funding, highlighting that only 52 of the city’s 189 recognised gaothans are included in the Development Plan 2034. The demand includes access to institutional funding for structural repairs, improved civic infrastructure, and a fast-tracked approval mechanism. Residents argue that current heritage-linked restrictions and lack of financial support have made maintenance of ageing homes increasingly difficult, raising concerns around safety, liveability, and potential displacement.Read more

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H Rishabraj Avyaana

15 hours ago

Mumbai City, India

H Rishabraj Avyaana in Goregaon West, Mumbai, offers premium 2 & 3 BHK residences in a 25-storey tower at Bangur Nagar with Vastu-compliant layouts, private decks, modern amenities like a gym, pool, and kids' area, and excellent connectivity near Bangur Nagar Metro, D-Mart, and Inorbit Mall.

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Haji Noorani building demolition to clear last gap for Sewri–Worli connector

Mumbai News Desk

26 Apr 2026

The demolition of the Haji Noorani building in Prabhadevi is set to remove the final obstruction in the Sewri–Worli Elevated Connector project. The structure, housing 23 occupants, had delayed construction due to rehabilitation concerns. Authorities have already cleared the adjacent Laxmi Niwas building and provided alternate housing to affected residents through MHADA. The 4.5 km connector will link key infrastructure such as the Mumbai Trans Harbour Link and Bandra–Worli Sea Link, with officials now working to meet the September 2026 deadline.Read more

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Mumbai–Pune Expressway missing link nears completion ahead of May 1 target

Mumbai News Desk

26 Apr 2026

The Mumbai–Pune Expressway missing link project is in its final stage, with work progressing quickly to meet the May 1 target for opening. The 13.3 km stretch aims to bypass the congested Khandala–Lonavala ghat section and reduce travel time by 25–30 minutes. Major construction, including tunnels and a cable-stayed bridge, is complete, while finishing work such as safety systems, surfacing, and testing is ongoing. Authorities have indicated that the opening will depend on final safety checks and approvals, as some last-mile work is still pending.Read more

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Smartworks crosses 10 million sq ft operational portfolio with Mumbai centre launch

26 Apr 2026

Smartworks Coworking Spaces Limited has crossed 10 million sq ft of operational workspace, becoming the first listed flexible office provider in India to reach this scale. The milestone follows the launch of its centre at Tata Intellion Park, Mumbai, where a Forbes 2000 company has recently been onboarded. The company reported revenue of around INR 472 crore in Q3 FY26, reflecting a 34% year-on-year increase, with mature centres operating at approximately 93% occupancy. With a total managed portfolio of about 15.3 million sq ft across 63 centres in 15 cities, Smartworks continues to see demand from large enterprises and Global Capability Centres, driven by multi-city expansion needs and long-term workspace commitments.Read more

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Inspira completes Chembur project ahead of schedule

25 Apr 2026

Inspira Realty has secured the Occupancy Certificate for its residential project ‘Gurukripa’ in Chembur, marking the completion of its first development six months ahead of the committed timeline. The project, located in Sindhi Society, comprises 98 apartments across two wings, offering 1, 2 and 2.5 BHK configurations. The development has been fully sold prior to handover, indicating sustained demand in established Mumbai micro-markets. The early completion highlights the developer’s focus on execution timelines and delivery. The project’s location offers connectivity to key infrastructure and commercial areas, reinforcing Chembur’s position as a stable residential market with consistent buyer interest.Read more

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Platinum Corp initiates Santacruz West residential project with INR 300 crore topline and bespoke design-led positioning

25 Apr 2026

Platinum Corp commenced construction of its premium residential project, Platinum Stellar, in Santacruz West, Mumbai, following a bhoomi poojan ceremony held during the past week. Positioned as a low-density development with an estimated topline of around INR 300 crore, the project will offer bespoke residences ranging from 2,500 sq ft to 10,000 sq ft. Designed in collaboration with Sussanne Khan, the development focuses on customised layouts, curated amenities, and design-led living. Located on Main Avenue, the project targets high-end homebuyers and investors seeking exclusive assets in established micro-markets, reflecting continued demand for differentiated luxury housing in Mumbai’s western suburbs.Read more

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

24 Apr 2026

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

24 Apr 2026

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

24 Apr 2026

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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