05 Dec 2025

Construction of Mumbai's Orange Gate-Marine Drive twin tunnel has commenced, targeting completion by June 2028, six months ahead of schedule. The nearly 10 km corridor, with 7 km underground, will run beneath about 700 buildings, including heritage and residential structures, and two major railway lines. Designed to reduce travel time to 5-7 minutes and provide a direct link to Navi Mumbai Airport, the project features advanced safety systems, a 12.2 metre TBM, and cross-passages every 300 metres. Estimated at INR 8,056 crore, around 15 percent of the work is already complete.Read more

05 Dec 2025

A new study by Anarock and 360 One Wealth shows Worli remains one of India's strongest ultra-luxury housing markets, with 14 apartments priced above INR 40 crore sold between January and August 2025, totalling around INR 2,800 crore. This already exceeds the full-year value of 2024. Worli accounts for nearly 40% of India's ultra-luxury market and has seen over 20 deals above INR 100 crore in the past three years, including two duplexes sold for more than INR 700 crore in 2025. Premium high-rises now command INR 65,000 to over INR 1,00,000 per sq ft, reinforcing Worli's position as Mumbai's most coveted luxury address.Read more

05 Dec 2025

The Navi Mumbai Municipal Corporation has stepped up its air-pollution control efforts after instructions from Commissioner Dr. Kailas Shinde, launching intensive citywide cleaning to reduce dust levels. Construction sites, quarry areas and cement units are under strict monitoring, while roadside debris is being cleared and roads washed with treated water. Encap fogger vehicles are spraying atomised water along busy routes to help settle airborne particles. Deep-cleaning was carried out across Koparkhairane, Ghansoli, Turbhe, Rabale, Digha, Nerul and Belapur, with dust removed and transported for safe disposal. The drive reflects the administration's push to improve air quality through regular cleaning, mechanised washing and targeted dust-suppression measures.Read more

04 Dec 2025

Navi Mumbai Municipal Corporation (NMMC) has continued its heightened pollution-control measures through the past week as air quality across cities deteriorated during the winter season. Acting under the directions of Municipal Commissioner Dr Kailas Shinde, the corporation has deployed dedicated teams to inspect construction sites, quarries, and RMC plants, ensuring adherence to pollution-control norms. Officials also conducted cleanliness drives at major sites, issued notices to 86 construction projects, and initiated strict dust-control procedures. The use of treated wastewater for road washing and fogging has helped conserve potable water while improving the city's AQI.Read more

04 Dec 2025

Mahindra Lifespaces has been selected to redevelop a residential cluster in Matunga (West), Mumbai. The project covers nearly 1.53 acres and carries a gross development value of about INR 1,010 crore. It will replace the old housing structures with upgraded homes, improved infrastructure and modern community amenities. The redevelopment also aligns with the company's plan to scale its Mumbai Metropolitan Region portfolio, as it aims to increase new launches and redevelopment work over the next few years. The project reflects the wider demand for society-redevelopment in Mumbai's older localities.Read more

04 Dec 2025

HRX Digitech LLP, owned by Rakesh and Hrithik Roshan, acquired four commercial units in Yura Business Park Phase 2, Andheri West, Mumbai, for a total of INR 10.90 crore. The units range from approximately 473 sq ft to 852 sq ft and include multiple parking slots. Stamp duty and registration charges were paid for all transactions. Analysts view the move as a strategic investment aligned with sustained demand for premium commercial spaces. Andheri West's connectivity, amenities, and established commercial ecosystem continue to make it a preferred destination for investors.Read more

03 Dec 2025

Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive in the Belapur ward earlier this week after the property owner failed to act on an earlier notice issued under MRTP Section 53(1A). Acting on directions from the civic chief and in compliance with an order of the Additional District Court, the encroachment department removed an unauthorised sheet structure at a residential unit in Kukreja Estate, Sector 11. Senior officials, engineers, labourers, police personnel, and support staff were deployed, using technical equipment and manpower to execute the operation.Read more

02 Dec 2025

IndiGo has expanded its domestic network from Navi Mumbai International Airport by announcing new routes and additional frequencies to strengthen regional connectivity. The airline will start daily flights to Coimbatore and Chennai from 29 December 2025, introduce five-times-weekly flights to Vadodara from 30 December 2025, and increase flights to North Goa to five a week from 26 December 2025. These additions build on IndiGo's earlier launches from the newly opened airport, which is gradually becoming an important secondary aviation hub for the Mumbai region. Bookings for all new flights are now open.Read more

02 Dec 2025

Mumbai has recorded a clear rise in air pollution levels, mainly driven by large-scale construction work and steady growth in vehicular emissions. Experts from IIT-Bombay and the IMD have explained that seasonal weather conditions, including cooler nights and calmer winds, are allowing pollutants to stay close to the surface. While the citywide AQI has remained in the moderate bracket, certain pockets such as the Bandra Kurla Complex experienced severe readings. The municipal body has issued multiple guidelines and stop-work notices to control dust and restrict further deterioration.Read more

02 Dec 2025

Mumbai Metro Rail Corporation (MMRC) has begun offering app-exclusive discounted monthly passes for Metro Line 3, aiming to encourage digital ticketing and reduce dependence on physical tokens. Commuters can now purchase 60-trip passes at a 15 % discount and 45-trip passes at a 10 % discount, with the entire process - from payment to activation - completed within the MetroConnect3 mobile app. The initiative, rolled out earlier this week, builds on MMRC's recent digital-first approach and is expected to extend to National Common Mobility Card (NCMC) users in the near future.Read more

02 Dec 2025

The National Company Law Tribunal (NCLT) in Mumbai, earlier this past week, dismissed the INR 1,080 crore bid submitted by Brookfield-backed Chronos Properties for acquiring IL&FS's flagship Bandra Kurla Complex (BKC) property. The tribunal upheld IL&FS's contractual authority to revise the consideration under the court-approved resolution framework, accepting the company's move to increase the valuation to INR 1,481 crore. It also noted that updated valuation reports placed the property's fair-market value at around INR 1,722 crore. The order additionally clarified the status of Chronos's performance guarantee obligations under the bidding conditions.Read more

01 Dec 2025

Navi Mumbai Municipal Corporation (NMMC) stepped up its scrutiny of construction sites earlier this week after the civic chief directed officials to enforce anti-pollution measures more stringently amid rising winter smog. The town planning department was instructed to personally verify dust-control systems at active project sites and shut down any location failing to comply for a week. Acting on these orders, engineering teams have begun field inspections across construction zones, quarries, RMC plants and coal-based bakeries, ensuring adherence to air and noise pollution norms mandated under the SOP issued last year.Read more

01 Dec 2025

Sporta Technologies has leased 169,250 sq ft in Ascent Worli, Mumbai, under a five-year agreement with a starting monthly rent of INR 5.07 crore and 4.75% annual escalation. The deal includes exclusive access to 135 car-parking spaces, a security deposit of INR 30.46 crore, and CAM deposit of INR 1.26 crore, along with a 36-month lock-in period and six-month fit-out. This lease, one of the largest single-tenant deals in Mumbai this year, reflects the company's aim to optimise costs while moving to a premium, well-equipped office in a prime commercial hub.Read more

30 Nov 2025

Rakesh Roshan and his wife Pramila 'Pinkie' Roshan have expanded their commercial property portfolio in Mumbai with the purchase of five office units in Andheri East for a total of INR 19.68 crore. All units, located in the Vaidya West World One Aeropolis building, were registered earlier this week. Together, they span over 7,500 sq ft of carpet area and include ten parking slots. Two offices were bought under Rakesh Roshan's name, while three were registered to Pramila Roshan. The couple paid more than INR 1.18 crore in stamp duty. This follows other recent acquisitions in the same business district, signalling sustained long-term interest.Read more

29 Nov 2025

Mumbai Metro Rail Corporation has drawn up a proposal for a 3 km network of underground pedestrian tunnels to improve connectivity at the Science Centre (Worli) and BKC stations of Metro Line 3. The plan includes a 1.4 km tunnel linking BKC station with the upcoming bullet train terminal, and two tunnels at Worli measuring 1.1 km and 500 m. Each tunnel will be around 5 metres wide and will include escalators and elevators. The INR 250 crore project will be funded by MMRC and BMC, supported by TOD incentives, and is targeted for completion by 2029-30.Read more

29 Nov 2025

CIDCO has unveiled a housing scheme offering 4,508 ready-to-move homes across Navi Mumbai's Taloja, Dronagiri, Ghansoli, Kharghar, and Kalamboli nodes. The scheme operates on a first-come, first-served basis, allowing applicants to directly choose their preferred units. Among the tenements, 1,115 are allocated for the Economically Weaker Section (EWS) under PMAY with a subsidy of INR 2.5 lakh, while 3,393 are for the Low Income Group (LIG). Online registration has begun, and successful applicants can start selecting flats later this month, with immediate possession upon payment and document verification.Read more