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

Mumbai launches integrated digital platform to transform urban transportation

23 Feb 2026

Mumbai has launched the Mumbai Transport Stack, a digital platform designed to connect all modes of transport, including metro, bus, and rail, under one integrated system. Developed by MMRDA in partnership with JICA and supported by JICA Dx Lab, the platform follows the principles of open-source design, privacy, security, and future scalability. It will enable real-time tracking, trip planning, end-to-end ticket booking, and access to parking information, while also providing open APIs for startups and innovators. The system aims to enhance urban planning, improve travel reliability, and create a seamless commuting experience for residents.Read more

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MMRDA and contractors yet to submit report on Metro Line 4 slab collapse in Mulund

Mumbai News Desk

23 Feb 2026

A week after a parapet slab from an under-construction Metro Line 4 structure collapsed on LBS Marg in Mulund, killing one person and injuring three, the Mumbai Metropolitan Region Development Authority and its contractors are yet to submit a detailed incident report to the police. Investigators have told the court that the precast parapet was installed without proper concreting and safety precautions. Several officials from the contractor and consultant teams have been booked for alleged negligence, and the probe into construction practices is ongoing.Read more

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Metro line 4 beam near Shreyas Cinema found safe after inspection, excess slurry removed

23 Feb 2026

The Mumbai Metropolitan Region Development Authority has clarified concerns regarding a visible line on a beam near the proposed Shreyas Cinema Metro Station on Metro Line 4. After inspection, the project team confirmed that the mark was excess concrete slurry used during construction and not a structural crack. The surplus material was removed during the past week. Officials stated that no cracks were detected in the beam and that the structure remains safe, stable, and secure. Updated site photographs were also shared following the removal work.Read more

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S Raheja Verdana

23 Feb 2026

Mumbai City, India

S Raheja Verdana is a luxury residential project by S Raheja Realty in Vile Parle West, Mumbai. It offers exclusive 3 and 4 BHK apartments ranging from 1,519 to 3,597 sq ft in a boutique development with just 6 units on 0.2 acres. Launched in January 2026 with possession by December 2028, it promises premium living near Vile Parle railway station, NMIMS college, and shopping hubs like Shoppers Stop.

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NMMC demolishes illegal commercial shed in Turbhe sector 19C

22 Feb 2026

Navi Mumbai Municipal Corporation (NMMC) has intensified its action against unauthorised constructions by demolishing an illegal commercial shed in the Turbhe division. The operation was conducted under the directives of Municipal Commissioner Dr Kailas Shinde and supervised by senior civic officials from the Encroachment Department. The structure, erected at Unit No. 3, Plot No. 6, Sector 19C, Turbhe, was reportedly being used for commercial purposes despite the issuance of a statutory notice under the Maharashtra Regional and Town Planning Act, 1966. Following non-compliance, the Corporation carried out a demolition drive with police protection and technical equipment. Officials have stated that similar enforcement actions will continue to ensure planned urban development and compliance with municipal regulations.Read more

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Mehta Realty launches Mehta Marquina, positioning East Goregaon as a wellness-led residential micro-market

22 Feb 2026

Mehta Realty has announced the launch of Mehta Marquina, a 38-storey residential development in East Goregaon, positioned as a wellness-centric, low-density living offering adjacent to the Aarey Forest. Drawing on the developer's 48-year legacy, the project combines 2 and 3 bed deck residences with an emphasis on spatial openness, sustainability and restorative living. Designed to balance urban connectivity with environmental sensitivity, Mehta Marquina integrates nature-facing layouts, layered amenity zones and green building practices. The development is IGBC Gold Pre-Certified and is being positioned as a long-term value asset amid steady price appreciation in East Goregaon, supported by infrastructure upgrades, metro connectivity and constrained premium housing supply in the micro-market.Read more

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Navi Mumbai Municipal Corporation ranked first in Maharashtra for E-Governance

22 Feb 2026

Navi Mumbai Municipal Corporation (NMMC) has secured first place in Maharashtra in the City E-Governance Index (CEGI) 2026, marking a significant milestone in digital public administration. The rankings were released by Policy Research Organisation (PRO), Pune, following a comprehensive assessment of 29 municipal corporations across the state. The evaluation focused on service availability, administrative transparency and digital accessibility. NMMC achieved a score of 9.11, placing it ahead of Pune Municipal Corporation, which ranked second. The recognition reflects the Corporation's sustained investment in online civic services, e-office implementation, ERP integration and Smart City technologies, reinforcing its commitment to citizen-centric and technology-driven governance.Read more

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Missing construction debris from Mumbai redevelopment sites triggers civic crackdown

Mumbai News Desk

21 Feb 2026

A civic scrutiny in Mumbai has revealed that construction debris generated from nearly 2,000 redevelopment projects was not transported to authorised dumping or recycling locations. The findings raised concerns within the Brihanmumbai Municipal Corporation after it emerged that builders repeatedly listed the same limited sites for debris disposal, which could not have handled such volumes. Environmental groups have linked the missing debris to illegal dumping in ecologically sensitive areas. The issue has led to a temporary freeze on approvals for several redevelopment projects across the city.Read more

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Paradigm Realty unveils ultra-luxury double-height lobby at Anantaara, Borivali West

21 Feb 2026

Mumbai-based developer Paradigm Realty has unveiled an ultra-luxury double-height designer lobby at Paradigm Anantaara, its 41-storey flagship project in Borivali West. The developer said the lobby sets the tone for the project's positioning as a premium lifestyle address, combining grand proportions, curated interiors and high-end materials with integrated security features. Nearly 500 ft tall and located in Shimpoli, the tower offers 3, 4 and 6 BHK deck residences with views of Sanjay Gandhi National Park, the Global Pagoda and the Arabian Sea. The company said the lobby launch marks the first of several experiential reveals planned for the project, including a podium-level amenity zone and a rooftop sky deck with an infinity pool.Read more

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Navi Mumbai civic body demolishes unauthorised structures in Koparkhairane, levies INR 20,000 penalty

21 Feb 2026

The Navi Mumbai Municipal Corporation carried out an anti-encroachment drive in the Koparkhairane ward, partially demolishing unauthorised constructions under the Maharashtra Regional and Town Planning Act, 1966. Notices under Section 54 had been served earlier this month to two property occupants in Sector 3, Koparkhairane. Following non-compliance, civic officials undertook partial demolition of the structures and imposed penalties of INR 10,000 each, amounting to a total of INR 20,000. The operation was conducted under the direction of Municipal Commissioner Dr Kailas Shinde, with senior officials and police personnel present. The corporation has stated that similar enforcement action against illegal constructions will continue in the future.Read more

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Aon consolidates Mumbai offices into One Unity Centre, Lower Parel

20 Feb 2026

Global professional services firm Aon plc has consolidated its three Mumbai offices into a single corporate hub at One Unity Centre in Lower Parel, bringing together around 450 employees. The move aims to strengthen collaboration between its Risk Capital and Human Capital teams and deliver integrated solutions to clients. The new workspace features digitally enabled meeting rooms, flexible collaboration zones and employee-focused amenities, aligned with Aon's smart working strategy. With 17 offices across India, including Bengaluru, Noida and Gurugram, Aon continues to expand its footprint. The consolidation reinforces Lower Parel's position as a prime commercial real estate destination in Mumbai.Read more

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Limited BEST bus routes on Mumbai coastal road draw commuter criticism

Mumbai News Desk

20 Feb 2026

The Mumbai coastal road, built to ease congestion and cut travel time, is facing criticism due to limited public transport usage. Despite having a dedicated BEST bus lane, only two bus routes currently operate on the corridor with low frequency. Commuters say long waiting times reduce the benefit of the signal-free road and force many to rely on private vehicles. Transport experts and citizens believe the infrastructure is underused and stress that higher bus frequency is essential for the project to deliver wider public value.Read more

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IATA flags concerns over Mumbai airport’s plan to suspend cargo flights for infrastructure upgrade

20 Feb 2026

The International Air Transport Association has expressed concern over Mumbai airport's plan to suspend dedicated cargo aircraft operations from August 2026 to May 31, 2027 for major infrastructure upgrades. The airline body said it sought clarification from Mumbai International Airport Ltd in January but has not received a response. The airport operator has cited safety and capacity constraints due to extensive taxiway and apron reconstruction works. The proposed suspension could impact cargo movements at one of India's busiest air freight hubs.Read more

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FedEx plans automated cargo hub at Navi Mumbai airport with INR 2,500 crore investment

20 Feb 2026

FedEx has announced a plan to invest over INR 2,500 crore in developing a 300,000 sq ft fully automated cargo hub at Navi Mumbai International Airport in partnership with Adani Airport Holdings. Designed as a regional consolidation and redistribution centre, the facility will leverage the airport's multimodal infrastructure to strengthen western India's trade corridor. The hub is expected to create over 6,000 jobs, support high-value and time-sensitive cargo, and enhance trade connectivity across key global markets while aligning with the airport's phased cargo capacity expansion plans.Read more

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Safety concerns around Kurla-Halav bridge work intensify after Mulund metro accident

Mumbai News Desk

20 Feb 2026

Ongoing construction of the Kurla-Halav Bridge in Mumbai has come under closer scrutiny after a fatal accident at an under-construction metro site in Mulund earlier this week. Residents living near the bridge alignment have renewed concerns over safety standards, restricted road width, and emergency access, stating that their objections had been raised much before the recent incident. The Mulund accident, in which a metro parapet collapsed onto a busy road, has strengthened local demands for stricter monitoring, clearer accountability, and a reassessment of construction methods at congested urban sites.Read more

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Mumbai office rents rise 8 % in Q4 2025, solidifying city’s global leadership in pricing

Mumbai News Desk

20 Feb 2026

Mumbai's office real estate market recorded an 8 % year-on-year increase in prime rents during the fourth quarter of 2025, reinforcing its position among the world's most expensive office markets, according to a global real estate report. The rise was driven by strong demand for Grade-A space from multinational corporations, financial services firms and technology occupiers, particularly in micro-markets such as Bandra-Kurla Complex (BKC), Lower Parel and Nariman Point. Despite broader economic uncertainties, occupiers continued to prioritise premium locations, lifting overall rents. Vacancy rates narrowed slightly on sustained net absorption, while new supply remained controlled. Across major Indian cities, Mumbai led rental growth, outpacing peers such as Delhi NCR and Bengaluru. The report noted that Mumbai's robust office market fundamentals and limited availability of prime inventory were key factors supporting upward pressure on rents.Read more

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BMC demolishes unauthorised structures at HR College, Churchgate, disrupting campus operations

Mumbai News Desk

20 Feb 2026

The Brihanmumbai Municipal Corporation (BMC) recently demolished unauthorised portions at H R College of Commerce and Economics in Churchgate, after the institution failed to produce approved building plans or valid permissions. The removed structures included asbestos terrace sheds, rooms on staircase landings from ground to fifth floor, and two mezzanine floors in the library and under the registrar's office. The action followed repeated notices and rejected regularisation applications dating back to mid 2024. College authorities reported disruption of HSC examinations and shifted some classes online while seeking to regularise remaining constructions.Read more

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Bombay High Court questions BMC’s inaction on open cremations at Manori Beach despite standing ban

Mumbai News Desk

20 Feb 2026

The Bombay High Court expressed strong concern over the Brihanmumbai Municipal Corporation's failure to prevent open cremations on a disputed plot at Manori Beach, even though the land has been under clear court restrictions for years. The court observed that any activity on the site, including cremation rites, was prohibited under earlier orders. It rejected the civic body's claim that the practice continued due to local sentiment and directed the BMC to ensure that all cremations are shifted to authorised facilities without delay.Read more

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Adityaraj Midtown

20 Feb 2026

Mumbai City, India

Adityaraj Midtown is a new residential launch by Adityaraj Group in Dadar West, Mumbai, offering compact 1 and 2 BHK apartments (474-604 sq ft carpet area). Located next to Vitthal Mandir on D.L. Vaidya Marg, it provides quick access to Dadar Metro (2-3 min) and railway station (10 min). Features include 10+ amenities like gym, jogging track, kids' play area, yoga room, and party lawn for modern urban living.

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Bombay HC rules co-op officials cannot decide flat succession disputes

Mumbai News Desk

19 Feb 2026

The Bombay High Court recently clarified that cooperative society officials, including divisional joint registrars, cannot resolve succession disputes related to housing society membership, as these are civil and property matters requiring legal adjudication. The court overturned a registrar�s decision that had denied membership to a man in a Peddar Road society based on a technical flaw in a nomination form. With most legal heirs supporting the claim, the court emphasized that nominees do not automatically gain ownership and succession disputes must follow personal law and civil procedures.Read more

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