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28 Feb 2026
The BMC has launched an inquiry into the Phoenix HSBC Racquet Club amid allegations of unauthorised commercialisation of a recreational ground at Phoenix Mills, Lower Parel. Citizens' group Chaka Chak Lower Parel reported that the 4,058.16 sq.m terrace, originally sanctioned as a public recreational ground, is being used as a ticketed, revenue-generating sports club managed by Bellona Hospitality Services. The complaint cites violations of the MRTP Act, MMC Act, and Development Control and Promotion Regulations, noting that such conversions limit public access and could set a precedent for reducing open spaces in Mumbai.Read more
27 Feb 2026
Apple is expanding its physical retail presence in India with a new store in Borivali, Mumbai. The outlet will be the company's sixth in the country and will operate fully on renewable energy while employing over 70 people. In parallel developments, Tata Power has introduced smart lighting and automation solutions for commercial and industrial buildings under its EZ Home initiative, targeting up to 80 per cent energy savings. Britannia has also unveiled a premium variant of its 50-50 biscuit to mark the brand's 30th anniversary.Read more
27 Feb 2026
Mumbai-based developer Rustomjee Group has announced the launch of Rustomjee Cliff Tower, an ultra-luxury residential project located at the Mount Mary precinct in Bandra, one of the city's most supply-constrained and heritage-sensitive neighbourhoods. The project comprises a limited inventory of 4 BHK, 5 BHK and duplex residences in a low-density tower format, with two homes per floor and semi-private lift lobbies. Designed by Sanjay Puri Architects, the development is positioned at an elevated point overlooking the Arabian Sea, Bandra Bay and the Mumbai skyline. Apartment sizes range from around 2,700 sq ft for 4 BHK units to over 4,300 sq ft for larger configurations. The developer said the project prioritises privacy, spatial efficiency and long-term livability over volume-led development.Read more
27 Feb 2026
Mumbai's civic body has proposed a INR 80,952.56 crore budget for 2026-27, reflecting an 8.77 per cent rise over the previous year. A key highlight is the planned deployment of INR 36,623.09 crore from fixed deposits to finance major infrastructure works. Capital expenditure forms nearly 60 per cent of the total outlay under the Mega Mumbai Makeover plan. Large allocations have been made for coastal roads, sewage treatment upgrades, road concretisation, water security and healthcare infrastructure. The BMC is also examining municipal bonds as a new funding route.Read more
27 Feb 2026
The Enforcement Directorate has provisionally attached industrialist Anil Ambani's 17-storey residence 'Abode' in Mumbai's Pali Hill, valued at over INR 3,716 crore, under the Prevention of Money Laundering Act. The action is part of an ongoing probe linked to alleged bank loan fraud involving Reliance Communications Ltd and related entities. With this move, total attachments in the case have crossed INR 15,700 crore. The agency has alleged that the property was placed under a family trust structure, raising questions over asset ownership and liability.Read more
27 Feb 2026
Devisha Yadav, wife of Indian cricketer Suryakumar Yadav, has acquired a luxury apartment worth INR 7.18 crore in Godrej Sky Terraces, according to recent registration records. The 1,402 sq ft unit, registered in February 2026, includes two car parking spaces and reflects continued interest from high-net-worth individuals in Mumbai's premium residential segments. This purchase adds to the family's existing real estate holdings in the same development, where the couple acquired two larger apartments in March 2025 for around INR 21.1 crore. Stamp duty for the latest transaction was reported at INR 35.90 lakh, with registration charges of INR 30,000. Possession of the new apartment is scheduled for June 2028, underscoring the role of long-term residential investments in the city's eastern suburbs.Read more
27 Feb 2026
The Bombay High Court has quashed a decision by a Maharashtra Housing and Area Development Authority (MHADA) officer to revoke a redevelopment no-objection certificate (NOC) after construction had progressed up to the tenth floor of a 16-storey redevelopment project in Tardeo, South Mumbai. The project, sanctioned under an NOC issued in 2019 for Satyabhama Building, had advanced with the developer, Kumar Agro Products Pvt Ltd, investing substantially in construction before the NOC was cancelled following a 2025 representation alleging altered ownership. The court, in hearings earlier this week, held that the officer acted beyond statutory authority and emphasised that ownership disputes must be resolved in civil courts, not through administrative revocation of redevelopment rights. The cancellation was withdrawn in open court and the NOC reinstated, with the bench warning officials to exercise caution and seek legal advice before issuing disruptive orders affecting ongoing real estate projects.Read more
27 Feb 2026
The proposal to install astroturf at Colaba Back Garden in south Mumbai has been withdrawn after objections from local footballers and residents. Maharashtra Legislative Assembly Speaker Rahul Narwekar clarified that the ground will retain its natural mud surface and there will be no reduction in its size. While the artificial turf plan has been shelved, basic infrastructure such as floodlights, toilets and changing rooms will be added. The Brihanmumbai Municipal Corporation will also level the ground to improve playing conditions while preserving its traditional character.Read more
27 Feb 2026
K Raheja Sobo Residences offers luxury apartments in Tardeo, central Mumbai's premium redevelopment zone. Features spacious layouts, private decks, gated security, pools, gyms, and clubhouses with excellent access to business hubs and Mahalaxmi Racecourse views.
26 Feb 2026
Shoppers Stop has relaunched its Juhu store, marking a significant step in its premiumisation journey. The revamped store combines global fashion, beauty, lifestyle, and home brands, with several making their debut at this location. Experiential installations such as Echoes of Fragrance, Juhu Seashore, and Bollywood Bioscope enhance the shopping experience by connecting it to local culture and cinema heritage. With curated layouts, immersive storytelling, and services like Personal Shopper, the store positions itself as a destination for sophisticated and style-conscious consumers in Mumbai, reflecting evolving premium retail expectations.Read more
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26 Feb 2026
Rustomjee Cliff Tower offers ultra-luxury 4, 5 & 6 BHK apartments and penthouses in Mount Mary, Bandra West, Mumbai. Enjoy Arabian Sea views, rooftop infinity pool, gym, landscaped gardens, and prime connectivity via Western Express Highway and Bandra-Worli Sea Link.
25 Feb 2026
The Economic Offences Wing (EOW) of Mumbai Police has registered a case against two directors of Shah Housecon Pvt Ltd after a developer alleged he was cheated of around INR 5.15 crore in a slum rehabilitation project in Malad. The complainant claimed he was persuaded to fund the entire construction cost of an SRA scheme with the assurance that statutory approvals and tenant rehabilitation would be managed by the accused. Later, he found that the land belonged to a charitable trust and not the company, leading to a police complaint.Read more
25 Feb 2026
Suraj Estate Developers has finalized the acquisition of Hally Pacific Private Limited, securing a prime land parcel in Prabhadevi, Mumbai, for approximately INR 30.40 crore. The company plans a residential project with around 0.367 lakh sq ft of saleable area and an estimated GDV of INR 200 crore. This addition strengthens their South-Central Mumbai project portfolio, leveraging strong demand and connectivity in Prabhadevi. With a legacy of over 45 completed projects and ongoing expertise in tenanted property redevelopment, Suraj Estate Developers aims to enhance revenue visibility and long-term value for stakeholders.Read more
25 Feb 2026
Residents in Versova protested at Nana Nani Park against the planned removal of 530 trees for the Mumbai Coastal Road, including over 180 trees inside the park and 350 nearby. They said they had nurtured the trees for 25 years and filed formal objections against the clearance. While the BMC has promised to transplant some mature trees, locals remain doubtful due to low survival rates in previous attempts. The protest reflects concerns about balancing infrastructure development with environmental preservation and community well-being in urban areas.Read more
25 Feb 2026
A group of 102 architects, planners, and designers from the Mumbai Architects Collective has opposed the redevelopment plan of the Mahalaxmi Racecourse, raising concerns about underground construction, parking structures, and tunnels. They have urged the Maharashtra government and MCGM to provide full transparency on lease terms, development rights, funding, and environmental impact. While supporting better public access, they warn that large-scale excavation could damage natural drainage, reduce open space, and affect flood management. They recommend directing resources to maintain and improve existing municipal gardens and parks instead.Read more
25 Feb 2026
The Brihanmumbai Municipal Corporation (BMC) is set to unveil its annual budget, focusing on large infrastructure and water projects. Major allocations will target Phase 2 of the Coastal Road, the Goregaon-Mulund Link Road (GMLR), the Gargai-Pinjal dam project, and wastewater treatment facilities. To fund these initiatives, the BMC is exploring property tax revisions and municipal bonds. With capital projects totaling nearly INR 1.5 lakh crore and only half of reserves available, the civic body aims to balance ambitious development goals with sustainable revenue sources for Mumbai's long-term urban growth.Read more
25 Feb 2026
Mumbai is planning a 70-hectare coastal park, termed the Green Necklace,stretching from Priyadarshini Park near Nepeansea Road to Worli, complementing the city's Marine Drive Queen's Necklace. The project will feature nearly 60,000 trees, forests, gardens, sports spaces, promenades, and plazas. About 80% of the area will be softscape with native coastal plants designed to withstand wind, saline soil, and sea spray. Developed by Reliance Industries Ltd under CSR in coordination with BMC, the masterplan involves six international firms and aims to enhance public access, biodiversity, and green cover along Mumbai's waterfront.Read more
25 Feb 2026
Rustomjee Vista Bay offers exclusive 2 & 3 BHK apartments in Parel Extension/Sewri, Mumbai. Features low-density luxury living with rooftop infinity pool, gym, and prime connectivity to BKC and Eastern Freeway.
24 Feb 2026
The dismantling of Mumbai's 112-year-old Elphinstone Road Over Bridge is progressing in carefully planned railway blocks over active tracks of Western and Central Railway. MahaRail has already removed the western span and is working on the central and eastern sections, which require precision crane operations and temporary lowering of overhead wires. The bridge will be replaced with a double-deck structure featuring a single 132-metre girder fabricated in Noida. The revised completion target has been advanced to August 2026, ahead of the earlier October timeline.Read more
24 Feb 2026
Purva Estrella is a luxury residential project by Puravankara Limited in Lokhandwala, Andheri West, Mumbai. It offers spacious 2, 3, and 4 BHK apartments (999-1817 sq ft carpet) across multiple towers with premium amenities like rooftop pools, gyms, and landscaped decks. Prime location next to Infinity Mall with excellent metro and highway connectivity.
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