Mumbai News Desk

25 Mar 2026

Demolition of the old Elphinstone Road overbridge in Mumbai has progressed further, with Western Railway removing key girders at Prabhadevi station. This work is part of the larger Sewri Worli Elevated Connector project, a 4.5-km double-decker corridor aimed at improving east-west connectivity. While the project is expected to reduce travel time and ease congestion once completed, it has currently led to traffic disruptions in the busy Parel Prabhadevi area. Authorities are continuing phased work while trying to minimise impact on rail and road movement.Read more

Mumbai News Desk

25 Mar 2026

The Bombay High Court has overturned a stay order issued by the Debt Recovery Tribunal (DRT) concerning a bank-auctioned flat, allowing the auction purchaser to proceed with ownership and possession formalities. The case involved a mortgaged property sold through a recovery auction initiated by the lender after default. The court observed that once an auction is completed as per law, further restrictions on transfer or possession should not continue without valid grounds. The ruling reinforces the legal position of auction buyers and supports the integrity of recovery mechanisms used by financial institutions.Read more

Mumbai News Desk

24 Mar 2026

The Maharashtra government has ordered a detailed inquiry into alleged financial irregularities of around INR 1,000 crore in a housing project undertaken by the Brihanmumbai Municipal Corporation. The decision follows concerns over potential procedural lapses, fund misallocation, and deviations from approved norms in the execution of the project. Authorities are expected to examine key aspects including tendering processes, contractor appointments, and utilisation of public funds. The probe comes amid heightened scrutiny of large-scale civic housing initiatives in Mumbai, where redevelopment and public housing projects form a significant part of urban planning. The outcome of the investigation is likely to influence governance practices and compliance standards in similar projects.Read more

24 Mar 2026

Shapoorji Pallonji Real Estate has launched Nine Arcs, a premium residential project in Santacruz East, Mumbai, featuring a 14-storey tower inspired by European neo-classical architecture. The development includes 137 residential units and 9 commercial spaces, with 2 and 3 BHK homes sized between 671 sq ft and 1338 sq ft. Located near key connectivity points like the Western Express Highway and Bandra Kurla Complex, the project offers rooftop amenities, curated retail, and private decks. Prices start from INR 2.99 crore, targeting professionals and urban homebuyers.Read more

24 Mar 2026

Mumbai's Metro network has expanded its digital ticketing ecosystem by enabling commuters to book Metro Line 2A and 7 tickets directly through the Uber app via ONDC. This integration allows QR-based ticketing with a 50% discount up to INR 10, improving convenience and reducing paper usage. Supported by multiple platforms including Mumbai One App and WhatsApp ticketing, the initiative strengthens first- and last-mile connectivity. Officials from the state government and MMRDA highlighted its role in creating a unified, commuter-friendly digital transport ecosystem across Mumbai.Read more

23 Mar 2026

Hindustan Construction Company (HCC), through its joint venture Aakshya HCC, has secured a contract worth approximately INR 1,662 crore from the Brihanmumbai Municipal Corporation (BMC) for Phase IV of the Goregaon Mulund Link Road project in Mumbai. The project is part of a larger infrastructure corridor aimed at improving East-West connectivity in the city. HCC holds a 49% stake in the joint venture. The company has a long track record in infrastructure development, including highways, tunnels, bridges, and contributions to hydro and nuclear power capacity in India.Read more

23 Mar 2026

Mahindra Lifespace Developers Ltd has launched the first two phases of its mixed-use housing project Mahindra Rainforest located on LBS Marg in Kanjur, Mumbai. Spread across 25.47 acres, the development is positioned as one of the larger projects in Mumbai's central suburbs and is planned as an integrated lifestyle destination. The company expects the residential phases to generate a gross development value of about INR 3,000 crore. While the firm has not disclosed the investment required, it continues to expand its presence across residential and integrated developments in multiple Indian cities.Read more

23 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has rejected a proposal seeking an additional cost escalation of around INR 7.9 crore for the Goregaon flyover extension project. The matter was placed before the civic standing committee by the administration, but members did not grant approval and asked for further examination. The committee has directed that a site inspection be conducted before reconsidering the proposal. The flyover project has already seen multiple revisions in its overall cost over time, and concerns related to delays and planning have led to closer scrutiny of further expenditure requests.Read more

23 Mar 2026

An unauthorised borewell drilling activity near Metro Cinema in South Mumbai resulted in damage to a section of the underground Mumbai Metro Line 3 tunnel close to Chhatrapati Shivaji Maharaj Terminus. The work was carried out within a government premises without the required permissions, leading the Mumbai Metro Rail Corporation to file a police complaint against the contractor. Authorities confirmed that metro services continued without disruption. The incident has raised concerns about unregulated excavation in sensitive zones where prior approvals are mandatory to protect critical underground infrastructure.Read more

22 Mar 2026

Chembur is undergoing a gradual transformation as historic landmarks and former industrial sites are redeveloped into premium residential destinations. Several locations once associated with studios, factories and institutional land uses are now attracting large residential projects, reshaping the suburb's real estate profile. Developers are increasingly targeting these legacy land parcels to create high-end housing supported by improved connectivity and established social infrastructure. Areas around the Bombay Presidency Golf Club and the former R.K. Studio site have emerged as prominent examples of this transition. With redevelopment gaining pace and multiple branded developers entering the micro-market, Chembur is steadily repositioning itself as a residential destination defined by premium housing developments built around historically significant locations.Read more

22 Mar 2026

International brokerage firm Banke International Properties has opened its Mumbai headquarters in Andheri as part of its strategy to strengthen its presence in India's real estate market. The new office will serve as the company's central hub for brokerage, advisory and investment services across western and southern Mumbai. The firm, which already operates in global markets such as the UAE, the United Kingdom, Qatar and South Africa, aims to expand its share in both residential and commercial property segments. Company officials stated that the location in western Mumbai will enable closer engagement with developers, investors and homebuyers while supporting the firm's international property advisory platform for Indian investors exploring overseas real estate opportunities.Read more

22 Mar 2026

Alliance City Developers Realtors Pvt Ltd has secured the Occupation Certificate for Alliance Eternis, a standalone premium residential project located on S.V. Road in Borivali West, Mumbai. The certification enables homebuyers to initiate possession and marks the completion of a boutique development targeting upper mid-segment buyers. The project features design-led elements such as Vastu-compliant layouts, sound-insulated windows, and lifestyle amenities including a terrace sky garden and gymnasium. The developer, with over a decade of operations in Mumbai, has delivered 12 projects spanning more than 1 million sq ft and housing over 700 families. The completion aligns with its ongoing portfolio across key micro-markets such as Malad, Vile Parle, Santacruz, Mulund, and Matunga, where multiple projects are at different stages of execution.Read more

21 Mar 2026

The Navi Mumbai Municipal Corporation has been designated as a mentor city under the Swachh Survekshan Swachh Shehar Jodi initiative, tasked with guiding five urban local bodies in Maharashtra Kannad, Jintur, Kej, Lonar, and Malkapur. The initiative, led by the central government under the Swachh Bharat Mission, pairs high-performing cities with those seeking improvements in sanitation and waste management. Navi Mumbai, part of the Super Swachh League, has already conducted site visits to assess sanitation systems and recommend improvements across waste segregation, collection, disposal, and public hygiene infrastructure. The programme also includes knowledge-sharing on citizen engagement and digital reporting systems, aimed at enhancing overall urban sanitation standards in participating cities.Read more

Mr. Rohit Garodia, Founder and Managing Partner, Pecan Realty.

21 Mar 2026

Borivali, long regarded as a stable suburban residential destination in Mumbai's western corridor, is undergoing a structural transformation driven by redevelopment activity, infrastructure expansion and the entry of large developers. Over the past few years, several branded developers have launched high-rise residential projects, introducing larger gated communities and premium housing formats to the suburb. Improved connectivity through Metro Line 2A and other planned infrastructure projects has strengthened its accessibility across the Mumbai Metropolitan Region. At the same time, large-scale redevelopment of ageing housing societies is changing the built environment and adding new housing supply. Rising homebuyer demand, supported by established social infrastructure and a strong end-user base, is gradually positioning Borivali as one of Mumbai's emerging premium residential micro-markets.Read more

21 Mar 2026

The Navi Mumbai Municipal Corporation (NMMC) has introduced extended payment facilities for property taxpayers by keeping tax collection centres open on weekends and public holidays until the end of the financial year. The move aims to help property owners clear dues before the March-end deadline and support the ongoing property tax collection drive. Civic officials stated that all collection counters at the municipal headquarters and eight ward offices will operate during weekends and notified holidays, offering greater convenience for working residents. The civic body has also encouraged citizens to utilise digital payment options through mobile applications, QR code scanning and online banking platforms. Authorities added that property owners can also benefit from the ongoing Abhay scheme, which offers a concession on penalty charges for overdue tax payments.Read more

Mumbai News Desk

20 Mar 2026

Residents and civic groups in Chhatrapati Sambhajinagar have urged the Maharashtra government to introduce a property tax waiver similar to Mumbai's exemption for smaller residential units. A memorandum submitted in the past week proposes extending tax relief to homes up to 1,000 sq ft, compared to Mumbai's exemption threshold of 700 sq ft. The demand has been led by local citizen groups citing parity across cities governed under similar administrative frameworks. However, municipal officials have raised concerns over the financial viability of such a move, noting that the Chhatrapati Sambhajinagar Municipal Corporation (CSMC) collected about INR 157.7 crore in property tax in FY2024-25, significantly lower than Mumbai's civic revenues. The proposal highlights growing pressure on smaller urban local bodies to balance fiscal sustainability with citizen demands for tax relief.Read more

20 Mar 2026

JSW Realty has entered into a development agreement with the Patel family to redevelop Malabar Court, a nearly one-acre land parcel in Malabar Hill, Mumbai. The project, located adjacent to the Malabar Hill Club, will be developed into a boutique luxury residential tower with an estimated revenue potential exceeding INR 2,000 crore. The site has earlier been owned by the Patel family for over seven decades. The agreement marks JSW Realty's continued expansion in Mumbai's high-value residential segment, focusing on low-density, premium developments in established neighbourhoods. The project reflects ongoing redevelopment activity in South Mumbai, where limited land availability and strong demand for luxury housing continue to drive high-value residential investments.Read more