16 Mar 2026

Maharashtra is reviewing the inclusion of first floor slum residents in the Slum Rehabilitation Authority (SRA) schemes, addressing a long-standing gap where only ground floor occupants are currently eligible. State minister Shambhuraj Desai said the matter will be discussed with the Chief Minister and Deputy Chief Ministers. Lawmakers highlighted that many families have lived on first floors for decades, and excluding them could affect the city's slum free objectives. Officials also noted that agreements between builders and these residents are not legally enforceable under current rules.Read more

Mumbai News Desk

16 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has intensified enforcement against property tax defaulters in Mumbai, initiating attachment proceedings against 6,922 properties with cumulative dues amounting to approximately INR 6,089 crore for the financial year 2025-26. The action forms part of the civic body's ongoing tax recovery drive as the financial year approaches closure. Authorities have already seized 483 properties and proposed auction proceedings for 210 properties where dues remain unpaid despite repeated notices. Following the enforcement action, 2,888 property owners cleared outstanding taxes totalling more than INR 784 crore. As of early this week, the civic body had collected around INR 6,024 crore, representing about 82% of its property tax target for the current fiscal year. Municipal officials have warned that stricter measures, including seizure and auction of properties, will continue against defaulters who fail to settle dues before the financial year-end.Read more

Mumbai News Desk

16 Mar 2026

A sessions court in Mumbai has granted anticipatory bail to a developer and three relatives in connection with a cheating and criminal breach of trust case linked to a redevelopment project in Mazgaon, south Mumbai. The case was filed after a complainant alleged that the developer had failed to provide an alternate shop promised under a redevelopment agreement, leading to a dispute over the implementation of the project. While hearing the anticipatory bail plea, the court observed that significant payments had already been made to the complainant's family and noted that the dispute largely stemmed from contractual obligations within the redevelopment arrangement. Considering the nature of the allegations and the financial transactions involved, the court held that custodial interrogation was not necessary at this stage and granted the accused protection from arrest subject to conditions.Read more

Mumbai News Desk

16 Mar 2026

Western Railway is planning to monetise elevated decks being built above platforms at several suburban stations in Mumbai as part of ongoing station improvement works. The decks are being developed by the Mumbai Rail Vikas Corporation to ease congestion and improve passenger circulation at busy stations. Railway authorities are now examining ways to lease these newly created spaces for retail outlets, kiosks and passenger facilities to generate non-fare revenue. Officials say the commercial use will be planned carefully so that commuter movement remains unaffected while the additional space contributes to station maintenance and infrastructure upgrades.Read more

15 Mar 2026

Inspira Realty, a subsidiary of Inspira Global, has launched its luxury residential project Inspira One at Bandra Bay in Mumbai with an estimated gross development value (GDV) of around INR 1,000 crore. The project features 3 and 4 bedroom residences and has been designed through collaborations with international architecture and design firms. Architecture and fade design have been led by AXS Design under designer Yann Leroy, while interiors are curated by Studio HBA of Hirsch Bedner Associates. Landscape planning has been undertaken by Site Concepts International Inc. The development is positioned as a design-led luxury residential project and forms part of Inspira Realty's strategy to expand its presence in Mumbai's premium housing segment. Located in the Bandra Bay area, the project incorporates amenities such as rooftop recreational spaces and dedicated lifestyle facilities.Read more

15 Mar 2026

The Navi Mumbai Municipal Corporation (NMMC) has carried out an anti-encroachment operation in Airoli to remove unauthorised construction undertaken without approval under the Maharashtra Regional and Town Planning (MRTP) Act, 1966. The action was taken after the property owner failed to comply with a notice issued by the civic body in November 2023 directing the removal of the illegal structure. The demolition was conducted at a property located in Deshmukhwadi, Sector 1, Airoli, under the jurisdiction of the G Ward office. The operation was carried out under the direction of Municipal Commissioner Dr Kailas Shinde and senior civic officials overseeing the encroachment department. Municipal staff, labour teams and police personnel were deployed to execute the partial demolition of the structure as part of ongoing enforcement measures against unauthorised construction within the municipal limits.Read more

15 Mar 2026

Sanghvi Realty has received the completion certificate for Sanghvi Aria, its boutique residential project located in Prabhat Colony, Santacruz East. The development comprises 51 one- and two-bedroom apartments across two G+7 buildings on a 0.5-acre plot. With the completion certificate in place, the project is ready for possession, offering homebuyers a ready-to-move option in a well-connected western suburb of Mumbai. Apartment carpet areas range from 457 sq ft to 741 sq ft, with one-bedroom units priced from INR 1.56 crore. The project is located close to key transport and commercial hubs, including Bandra Kurla Complex, the Western Express Highway and the city's airport, making it attractive for professionals and families seeking connectivity and established social infrastructure.Read more

Mr. Aditya N. Shah, Joint Managing Director, Mayfair Housing

15 Mar 2026

Mira Road in Mumbai's extended western suburbs is increasingly emerging as a premium residential micro-market as infrastructure upgrades, improved connectivity and comparatively lower property prices attract homebuyers and developers. Enhanced road and metro connectivity to major employment hubs, including Bandra-Kurla Complex, SEEPZ and South Mumbai, has strengthened the area's appeal for residential development. The locality also benefits from proximity to the Western Express Highway, Ghodbunder Road and several upcoming infrastructure projects such as the Borivali-Thane Tunnel and the Mumbai Coastal Road extension. Compared with neighbouring suburbs like Borivali and Kandivali, property prices in Mira Road remain around 35-50% lower, providing larger residential configurations and modern amenities at competitive price points. Developers indicate that improved infrastructure and growing residential demand are supporting the area's transition into an emerging premium housing destination within the Mumbai Metropolitan Region.Read more

15 Mar 2026

The Navi Mumbai Municipal Corporation is set to intensify efforts to recover outstanding property tax dues across Navi Mumbai, with a special focus on maximising collections before the end of the financial year. Property tax remains the civic body's largest source of revenue and plays a crucial role in funding public infrastructure and civic services in the city. During the financial year 2025-26, the corporation has collected approximately INR 665 crore so far. To accelerate recovery, Municipal Commissioner Dr Kailas Shinde has directed officials to undertake intensified field-level collection drives and initiate strict action against major defaulters. The civic administration has also prepared a list of property owners with significant arrears and warned that enforcement measures, including property attachment, may be taken if dues remain unpaid.Read more

15 Mar 2026

IndiFrame will showcase its engineered uPVC window and door systems at iDAC Expo 2026, scheduled from March 12-14 at the Jio World Convention Centre in Mumbai. The company will highlight fenestration solutions designed specifically for coastal and high-rainfall climates, addressing challenges such as heavy monsoon rains, humidity and dense urban environments common in cities like Mumbai. Through live demonstration units at the event, IndiFrame plans to showcase the functional performance of its systems across parameters including sound insulation, air tightness, water resistance, wind pressure and heat management. The initiative aims to engage architects, developers and designers and demonstrate how modern fenestration systems can enhance building durability, efficiency and indoor comfort in rapidly growing urban centres.Read more

15 Mar 2026

Aurum PropTech Limited has approved the sale of two commercial assets Buildings Q5 and Q6 at Millennium Business Park in Navi Mumbai for a total consideration of INR 112 crore, as the company shifts capital towards artificial intelligence-driven proptech platforms. The transaction, cleared by the company's board earlier this week, values the properties around 15% above the valuation assessed by independent valuers. The assets have an approximate book value of INR 27 crore, and the sale is expected to generate a significant gain for the company while strengthening its balance sheet. Aurum PropTech said the proceeds will be used to prepay a Lease Rental Discounting facility of INR 56 crore and fund investments in AI capabilities across rental housing, property distribution and capital market platforms. The transaction is expected to be completed by June 30, 2026, subject to regulatory approvals.Read more

15 Mar 2026

Navi Mumbai Municipal Corporation has announced a property tax amnesty scheme to encourage defaulters to clear outstanding dues. Under the initiative, property owners who pay their pending property tax in a lump sum between March 10 and March 31, 2026, will receive a 50% waiver on the late payment penalty. The scheme applies to residential, non-residential, industrial properties and vacant land within Navi Mumbai. Civic officials said the initiative aims to support taxpayers while improving revenue collection for civic services such as roads, water supply, sanitation, healthcare and education. Property owners can make payments online through the civic body's website and mobile application or at designated collection centres.Read more

Mumbai News Desk

14 Mar 2026

The Bombay High Court has set aside a Brihanmumbai Municipal Corporation (BMC) order concerning pending payments of over INR 6.41 crore to a contractor for additional work on the Girgaon Chowpatty viewing gallery. The court noted that BMC relied on documents without sharing them with the contractor or allowing him to respond, violating natural justice. Contractor Mukesh Purohit had completed the project and received partial payment of INR 1.36 crore, but the balance remained unpaid. The court has directed a fresh hearing with all submissions considered before a new decision is issued.Read more

14 Mar 2026

The Navi Mumbai Municipal Corporation (NMMC) is progressing with the construction of a planned underpass at Sector 19, Sanpada, along Palm Beach Road to ease traffic congestion and improve connectivity within the Sanpada and Juinagar areas. The project has been proposed as an alternative access route to reduce dependence on the existing entry point near Moraj Circle and to manage future traffic pressure arising from infrastructure developments including the Navi Mumbai International Airport, JNPT expansion and the planned Third Mumbai. As part of the project's environmental management plan, the civic body has identified 808 trees in the project area, of which 368 will be preserved in their existing locations. A further 329 trees will be transplanted scientifically within the same locality, while 111 trees are proposed to be removed after due regulatory procedures and public consultations.Read more

14 Mar 2026

Mumbai-based developer Chandak Group has launched a limited-period homebuying scheme across five of its residential projects in the city to coincide with the Gudi Padwa festival and the company's 40th year of operations. The initiative introduces a 40:60 developer subvention structure under which buyers pay 40% of the property value upfront while the remaining 60% is deferred until possession. The offer applies to projects located in Chembur East, Vile Parle West, Andheri East, Malad West and Borivali East and will remain valid until March 31, 2026, after which the effective prices of residences in these developments are scheduled to increase from April 1. The scheme is aimed at improving affordability and easing near-term financial commitments for homebuyers considering premium residences in Mumbai's established residential micro-markets.Read more

14 Mar 2026

The Navi Mumbai Municipal Corporation has carried out a major demolition drive to remove unauthorised hutments constructed beneath high-tension electricity lines in Vashi Gaon. Acting on instructions from Municipal Commissioner Dr Kailas Shinde, the civic body's encroachment department cleared 213 illegal huts built on land belonging to the municipal corporation and CIDCO. The operation was conducted under the supervision of senior officials with support from police personnel, security staff and demolition equipment. Authorities said the structures posed serious safety risks due to their location directly beneath high-voltage transmission lines. The civic administration has stated that similar enforcement actions will continue as part of its efforts to remove unauthorised encroachments across Navi Mumbai.Read more

13 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) is nearing the completion of 906 rehabilitation flats for families affected by the Goregaon-Mulund Link Road (GMLR) project in Mumbai. Built across seven residential buildings at Kanjurmarg West, each unit is around 300 sq ft and includes basic living facilities. In the first phase, 252 families are expected to be relocated once construction is completed by the end of March. The project also includes community amenities such as a market, health centre, library, and sewage treatment plant to support residents.Read more

Mumbai News Desk

13 Mar 2026

Mumbai's civic administration is moving forward with a plan to build distinctive entry arches at major entry points, complemented by practical amenities. The mayor recently visited Vashi, Airoli, and Mulund entry points to review progress and fast-track planning. The arches will be accompanied by landscaped parks, parking spaces, air conditioned restrooms, and designated stalls for local entrepreneurs and community groups. Additionally, a transport and commercial hub is being planned at the former Dahisar octroi site, integrating bus services, retail spaces, and hotels to improve connectivity and revenue generation.Read more

13 Mar 2026

Mumbai Police have filed another chargesheet against real estate developer Sanjay Chhabria, promoter of Radius Estates and Developers Pvt Ltd, in an alleged cheating case involving Yes Bank amounting to about INR 30.39 crore. Investigators claim that funds sanctioned for a redevelopment project were diverted and used for purposes unrelated to the project. The case is part of a broader investigation into financial transactions linked to the Yes Bank DHFL controversy. Chhabria and companies connected to the Radius Group have faced scrutiny from several agencies over the past few years regarding alleged loan diversion and financial irregularities.Read more