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 : Navi Mumbai

Navi Mumbai International Airport to be inaugurated on Oct 8

03 Oct 2025

Navi Mumbai International Airport is scheduled to be inaugurated on October 8, following clearance from the DGCA. The airport is being developed in five phases by Navi Mumbai International Airport Ltd, with the Adani Group as the majority stakeholder and CIDCO holding a minority share. Gautam Adani recently visited the site, meeting the workforce that contributed to its construction and acknowledging their efforts. Once fully operational, the airport will accommodate 90 million passengers annually and handle 3.2 million tonnes of cargo, establishing it as a major aviation hub in the Mumbai Metropolitan Region and Asia.Read more

cover photo

DGCA grants aerodrome licence to Navi Mumbai airport ahead of operations

02 Oct 2025

Navi Mumbai International Airport has received its aerodrome licence from the Directorate General of Civil Aviation, enabling the project to move towards operational readiness. The licence was issued after the airport met regulatory and safety requirements. Developed by Adani Group and CIDCO in five phases, the airport's first stage is expected to serve 20 million passengers a year and handle 0.5 million metric tons of cargo. With this approval, NMIA becomes the second airport for the Mumbai Metropolitan Region, with inauguration expected soon.Read more

cover photo

Navi Mumbai civic body undertakes demolition drive in Belapur against illegal construction

02 Oct 2025

The Navi Mumbai Municipal Corporation (NMMC) recently carried out a demolition drive in the Belapur division against unauthorised construction after repeated notices were ignored. Acting under the directives of Municipal Commissioner Dr Kailas Shinde and senior civic officials, the encroachment department organised the action with full deployment of staff, machinery, and police support. Authorities confirmed that similar anti-encroachment operations will be intensified in the future.Read more

cover photo

Massive cleanliness drive on Navi Mumbai highways sees overwhelming public participation

01 Oct 2025

A large-scale cleanliness drive was carried out on the Sion-Panvel Highway and Thane-Belapur Road in Navi Mumbai, where more than 7,000 citizens, civic officials, staff, and volunteers participated despite heavy rainfall. The initiative, conducted under the ongoing 'Swachhata Hi Seva' campaign of the Central Government, saw significant involvement from over 5,000 members of Dr Nanasaheb Dharmadhikari Pratishthan. The civic body emphasised public participation, with additional commissioners and senior officials also joining the efforts, reinforcing Navi Mumbai's commitment to maintaining its reputation as a clean city.Read more

cover photo

Navi Mumbai to mentor five Maharashtra cities under Swachh City Pairing initiative

01 Oct 2025

Navi Mumbai Municipal Corporation (NMMC), recognised under the Super Swachh League, has entered into a partnership with five municipal councils in Maharashtra to extend guidance on urban cleanliness. The collaboration, formed under the Ministry of Housing and Urban Affairs' Swachh Bharat Mission, is aimed at strengthening inter-city cooperation on sanitation practices. Officials confirmed that the initiative would be result-oriented, with its impact assessed during the forthcoming Swachh Survekshan 2025-26.Read more

cover photo

Hiranandani launches INR 17,000 crore luxury coastal township 'Hiranandani Sands' in Alibaug

01 Oct 2025

Hiranandani Communities, led by Dr Niranjan Hiranandani, has launched Hiranandani Sands, India's largest integrated coastal township in Alibaug, with a topline of INR 17,000 crore. Spread across 225 acres, the project features luxury homes, villas, plotted residences, serviced apartments, five hotels, a convention centre, wellness hub, yacht club, and one of Alibaug's biggest water sports hubs. Sustainability measures include a 27-acre reserve forest and proximity to wetlands. The first phase, comprising 330 units across three towers, sold out at launch, generating INR 450 crore. Backed by infrastructure upgrades like Atal Setu, Ro-Ro ferry links, and Navi Mumbai Airport, the township positions Alibaug as a luxury real estate hub.Read more

cover photo

Samruddhi Expressway becomes first solar-powered expressway, targets 204 MW

29 Sep 2025

The Maharashtra State Road Development Corporation (MSRDC) has started generating 5 MW of solar power along the 701-km Samruddhi Mahamarg (Mumbai-Nagpur expressway), with initial installations at Karanja Lad in Washim and Mehkar in Buldhana. The power will be sold to MSEDCL under a 2022 agreement at INR 3.05 per unit. Samruddhi is now India's first expressway to install solar generation. MSRDC aims to scale up to 204 MW across various interchanges, using the solar power for highway lighting and generating carbon credits. The expressway has carried over 2.5 crore vehicles since its inauguration in December 2022.Read more

cover photo

Navi Mumbai International Airport arranges housing for staff through Wadhwa Group partnership

28 Sep 2025

Navi Mumbai International Airport (NMIAL) has secured accommodation for its personnel by entering into an agreement with Wadhwa Group to take 405 ready-to-move-in flats at Panvel in the Mumbai Metropolitan Region. The arrangement, made under a leave and licence agreement, ensures residential facilities for employees and their families as the airport prepares for inauguration in the coming weeks. The move reflects growing housing demand in the region ahead of the airport's operational launch.Read more

cover photo

Navi Mumbai Airport authorities take 405 flats in Panvel for staff and families

26 Sep 2025

Navi Mumbai International Airport has taken 405 flats in Panvel from the Wadhwa Group for airport staff and their families. These ready-to-move-in units in Wadhwa Wise City will be available on a leave-and-license basis starting October 2025, ahead of the airport's expected inauguration next month. The arrangement allows temporary occupation without transferring ownership. With rising demand for apartments, bungalows, and plots in the area, the partnership addresses staff accommodation needs and reflects how major infrastructure projects can stimulate residential growth in Panvel and surrounding parts of the Mumbai Metropolitan Region.Read more

cover photo

NMMC intensifies demolition drive against illegal construction in Koparkhairane

23 Sep 2025

Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive in the Koparkhairane division after property owners ignored prior notices. The operation, led under the directives of Municipal Commissioner Dr Kailas Shinde and senior officials, targeted unauthorised construction linked to Rajpal Hospital in Sector 10. A partial demolition was conducted, and a penalty of INR 50,000 was imposed. The civic body emphasised that strict action against unauthorised developments would continue across the city.Read more

cover photo

Navi Mumbai civic body issues fresh directives for pet dog owners amid rising concerns

22 Sep 2025

The Navi Mumbai Municipal Corporation (NMMC) has issued fresh directives for pet dog owners, reminding them of licensing requirements, mandatory vaccination, and responsible handling while in public spaces. The move comes in the backdrop of complaints regarding aggressive dog breeds and rising incidents of stray dog-related issues. NMMC also reiterated compliance with Supreme Court and Animal Welfare Board guidelines, warning that failure to adhere would attract penalties.Read more

cover photo

Navi Mumbai civic body intensifies demolition drive against unauthorised construction in Vashi

22 Sep 2025

Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive in Vashi against an unauthorised building despite prior notices being served. The action, initiated under the directives of Municipal Commissioner Dr Kailas Shinde, was supervised by Additional Commissioner Dr Rahul Gethe and Deputy Commissioner Dr Kailas Gaikwad. The partial demolition was supported by civic engineers, encroachment officials, police, and workers, with heavy machinery and labour deployed. Authorities indicated that such anti-encroachment operations would be intensified in the coming period.Read more

cover photo

Smartworks leases 5.57 lakh sq ft in Navi Mumbai for largest managed office campus

18 Sep 2025

Smartworks Coworking Spaces has leased 5.57 lakh sq ft at Intellion Park, Navi Mumbai, marking its largest managed office campus in the city and pushing its total leased Mumbai portfolio beyond 10 lakh sq ft. The move addresses growing demand for flexible workspaces among enterprises. With a presence across 14 cities in India and Singapore, Smartworks caters to over 730 clients, including Forbes 2000 firms and startups. Tata Realty emphasized the collaboration's potential to deliver world-class, scalable work environments and set new benchmarks in Navi Mumbai's commercial real estate sector.Read more

cover photo

PM Modi to open Metro 3's final stretch and Navi Mumbai airport on September 30

18 Sep 2025

Prime Minister Shri Narendra Modi will inaugurate the final stretch of Mumbai's underground Metro Line 3 from Acharya Atre Chowk in Worli to Cuffe Parade on September 30. On the same day, he will also launch the Navi Mumbai International Airport, a key project aimed at reducing the load on Chhatrapati Shivaji Maharaj International Airport. Metro Line 3, spread across 33.5 km with 27 stations, is the city's first fully underground corridor and a long-delayed project. With its completion, south Mumbai's business hubs will be directly connected to Bandra-Kurla Complex (BKC) and other suburbs, cutting travel time, easing congestion, and offering a faster, cleaner transport option for lakhs of commuters.Read more

cover photo

Navi Mumbai NMMC demolishes illegal building in Koparkhairane, fines owner INR 25,000

17 Sep 2025

The Navi Mumbai Municipal Corporation (NMMC) recently conducted a demolition drive against unauthorised construction in the Koparkhairane area after prior notices were ignored. The action, directed by the Municipal Commissioner and guided by senior officials of the Anti-Encroachment Department, targeted a property belonging to a local resident. Partial demolition was carried out under the Maharashtra Regional and Town Planning Act, 1966, and a fine of INR 25,000 was imposed. The operation involved multiple officials, police support, machinery, and labour, highlighting the city's commitment to curbing illegal developments.Read more

cover photo

Navi Mumbai civic body intensifies anti-encroachment action with Airoli demolitions

16 Sep 2025

The Navi Mumbai Municipal Corporation recently conducted a strict demolition drive against unauthorised construction in the Airoli area after the property owners failed to comply with official notices. Under the guidance of senior officials, the encroachment department removed constructions at two specific plots where building activity had continued despite prior legal directives. A total penalty of INR 50,000 was collected from the property owners. The operation involved dedicated municipal staff, labourers, and police support, signalling the administration's continued focus on curbing unauthorised developments within the city.Read more

cover photo

Navi Mumbai civic body demolishes illegal structures in Airoli and Koparkhairane

12 Sep 2025

The Navi Mumbai Municipal Corporation (NMMC) carried out demolition drives in Airoli and Koparkhairane after occupants ignored earlier notices against unauthorised constructions. In Airoli, illegal work on three Sector 2 plots by Nitin Vaman Nagral was razed, with officials also collecting a INR 75,000 penalty. In Koparkhairane, partial demolition was undertaken at House No. 366, owned by Hemchandra Dhondiram Mhatre, along with a INR 15,000 fine. Both operations, supervised by senior civic officials and supported by police, used heavy equipment and labour teams. The civic body has warned that similar anti-encroachment actions will intensify, aiming to enforce planning laws and curb unauthorised development.Read more

cover photo

Navi Mumbai civic body intensifies demolition drive in Ghansoli and Koparkhairane

11 Sep 2025

The Navi Mumbai Municipal Corporation (NMMC) recently carried out anti-encroachment operations in Ghansoli and Koparkhairane after property owners and developers failed to comply with issued notices. Under the directives of senior civic officials, unauthorised structures were demolished with the assistance of machinery, labourers and police deployment. The action followed repeated violations where developers had continued construction without mandatory approvals despite warnings from the civic body.Read more

cover photo

Nexus Seawoods Mall to host grand Onam celebrations in association with Malayali Samajam

30 Aug 2025

Nexus Seawoods Mall in Navi Mumbai is preparing to host Onam Opulence in collaboration with Seawoods Malayali Samajam this coming weekend. The event will feature a nine-metre floral Pookalam crafted from nearly 250 kg of flowers, alongside an array of Kerala's cultural performances including Thiruvathirakali, Mohiniyattam, Kathakali, Poothappattu and Chenda Melam. Mythological characters will join the festivities through a traditional procession, culminating in a grand fusion finale that celebrates Kerala's heritage.Read more

cover photo

Navi Mumbai poised for growth with airport, infra push and new office supply

29 Aug 2025

A new report by Cushman & Wakefield, "Navi Mumbai - The Next Growth Corridor," highlights Navi Mumbai's rise as a prime office hub within the Mumbai Metropolitan Region (MMR). The city currently holds 23.8 million sq ft of Grade A office stock-20% of MMR's total-with an occupancy rate of 87%. Offering average rentals of INR 70 per sq ft, nearly 57% lower than prime MMR markets, Navi Mumbai is attracting Global Capability Centers and enterprises with its talent pool and infrastructure. With the upcoming Navi Mumbai International Airport and major road projects boosting connectivity, another 4 million sq ft of new office supply is expected by 2027-28.Read more

cover photo