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 civic body intensifies demolition drive against illegal buildings in Ghansoli

26 Jun 2025

The Navi Mumbai Municipal Corporation (NMMC) has carried out a demolition drive in the Ghansoli area against unauthorised constructions, which continued despite prior notices issued under Section 54 of the Maharashtra Regional and Town Planning Act, 1966. The demolition was ordered by the civic chief and executed under the supervision of senior officials. RCC structures rising up to four storeys were razed as they lacked necessary permissions. Officials have signalled a stricter crackdown on future violations across the region.Read more

cover photo

Navi Mumbai: 501 buildings listed as dangerous, residents urged to vacate C-1 structures

20 Jun 2025

The Navi Mumbai Municipal Corporation (NMMC) has identified 501 buildings as structurally unsafe in its 2025-2026 safety survey under Section 264 of the Maharashtra Municipal Corporation Act. Of these, 51 are marked as 'C-1'-critically dangerous and unfit for occupation-requiring urgent evacuation and demolition. Another 51 fall under 'C-2A' (to be vacated and repaired), 297 under 'C-2' (repairable without vacating), and 49 under 'C-3' (minor repairs). The list is publicly available on the NMMC website. Residents of C-1 buildings have been issued notices, with water and electricity cut-offs planned. The civic body warns that failure to vacate may lead to severe consequences during the monsoon.Read more

cover photo

Demolition drive in Navi Mumbai: NMMC targets two illegal units in Koparkhairane

18 Jun 2025

Navi Mumbai Municipal Corporation (NMMC) recently demolished two unauthorised properties in Bonkode village, Koparkhairane, under orders from Municipal Commissioner Dr Kailas Shinde. The action, led by senior officials and executed by the encroachment team, targeted homes belonging to Nishant and Sushant Naik, both cited under Section 54 of the Maharashtra Regional and Town Planning Act. After failing to comply with earlier notices, the owners were fined INR 20,000 each. A full demolition squad used hammers, cutters, and municipal support staff to dismantle the structures. NMMC confirmed more such operations will follow to enforce urban planning norms and deter illegal construction.Read more

cover photo

Navi Mumbai civic body launches WhatsApp chatbot to streamline property tax and water bill services

13 Jun 2025

The Navi Mumbai Municipal Corporation (NMMC) has introduced a WhatsApp chatbot service, enhancing its digital initiatives to simplify civic interactions. Under the guidance of Municipal Commissioner Dr Kailas Shinde, this tech-driven facility allows residents to access property tax and water bill information, and make payments directly via WhatsApp. Citizens can initiate the service by sending 'Hi' to the official chatbot number 8291920504. This innovation complements existing digital platforms such as the NMMC website and My NMMC app, along with payment modes like UPI, credit/debit cards, and mobile wallets.Read more

cover photo

Navi Mumbai: NMMC cracks down on unsafe buildings with mandatory structural audit rule

10 Jun 2025

The Navi Mumbai Municipal Corporation (NMMC) has flagged 527 buildings as dangerous following a recent survey under the Maharashtra Municipal Corporation Act. It has reiterated that structures over 30 years old must undergo a structural audit by a certified civil or structural engineer registered with the civic body. Property owners must submit proof of completed repairs and certification confirming the building's safety. A fine of INR 25,000 or the annual property tax whichever is higher may be levied on those failing to comply. Citizens have also been strongly advised to vacate unsafe premises immediately.Read more

cover photo

Navi Mumbai intensifies action on illegal constructions in Airoli

06 Jun 2025

The Navi Mumbai Municipal Corporation (NMMC) has intensified action against unauthorized construction in Airoli. Acting on the Municipal Commissioner's directives, the encroachment department demolished an illegally built RCC structure behind Vinita Apartments in Sector 20. Despite prior notices under Section 54 of the Maharashtra Regional and Town Planning Act, 1966, the builder continued work without approval. The operation involved demolition equipment, a specialized crew, and an on-site encroachment team. A penalty of INR 50,000 was also imposed on the violator. NMMC has announced that such enforcement will continue citywide to deter violations and uphold planned urban development. The move underscores NMMC's commitment to preserving Navi Mumbai's orderly infrastructure and protecting law-abiding residents. Ongoing vigilance will be key to sustaining the city's growth and urban integrity.Read more

cover photo

Denim and sneaker fest kicks off at Nexus Seawoods Mall just in time for vacation shopping

27 May 2025

Nexus Seawoods Mall in Navi Mumbai recently launched its Denim & Sneaker Fest, running from earlier this week through mid-June. This festival celebrates two of fashion's most enduring favourites denims and sneakers bringing together an extensive range of products from leading international and domestic brands. Shoppers have the opportunity to update their wardrobes with the latest styles from top labels such as Levi's, Nike, Puma, and many others, making it ideal for vacation preparations and back-to-campus shopping. The event also includes engaging Shop & Win contests, special offers, and giveaways, adding an extra layer of excitement for visitors of all ages.Read more

cover photo

Navi Mumbai brings tax bills to doorsteps with self-help group women on delivery mission

27 May 2025

In a citizen-friendly move, Navi Mumbai Municipal Corporation (NMMC) initiated home delivery of property tax bills for the financial year 2025-26, appointing women from registered self-help groups as temporary municipal representatives. Starting earlier this week, these women began distributing bills and collecting updated contact details from property owners and tenants for digitisation purposes. The Corporation is pushing for seamless tax-related communication through digital channels. Residents are urged to treat the women with courtesy and provide accurate data such as names, mobile numbers, and email IDs. This step aligns with NMMC's broader digital governance agenda.Read more

cover photo

Navi Mumbai offers 10% discount on property tax as part of digital-first and women-led initiative

22 May 2025

The Navi Mumbai Municipal Corporation (NMMC) has launched its annual property tax billing process for the financial year 2025-26 with several citizen-centric reforms. For the first time, a 10% early bird discount is being offered to those who pay their property tax by the end of June. Bills are now available online via the NMMC website and mobile app, and the payment process has been streamlined through the Bharat Bill Payment System. The corporation has also roped in women from self-help groups to distribute physical bills. Additionally, citizens are being urged to link their mobile numbers with their properties for digital updates.Read more

cover photo

Navi Mumbai International Airport delayed until August 2025 due to runway work

21 May 2025

The Navi Mumbai International Airport (NMIA) will now open by August 2025 instead of the previously expected July date, according to an aviation advisory issued to pilots. The delay is reportedly due to the runway strip not being fully commissioned yet. Meanwhile, a panel has unanimously agreed to retain all historical flight slots at Mumbai Airport for the upcoming winter season, avoiding any disruption for airlines. This decision clears confusion among international carriers about slot availability. The move also ensures a smoother transition between Mumbai and Navi Mumbai airports when NMIA becomes operational later this year.Read more

cover photo

Navi Mumbai civic body urges property owners to complete KYC for seamless digital services

15 May 2025

The Navi Mumbai Municipal Corporation (NMMC) has encouraged property owners to complete the Know Your Customer (KYC) process to facilitate easier access to digital municipal services. This initiative is designed to enable residents to conveniently view and pay property tax bills via mobile phones while also receiving essential updates, including water supply alerts, emergency notifications, heavy rainfall warnings, and traffic advisories. Property owners can complete the KYC process by visiting the NMMC's official website and accessing the QR code or link provided. This effort is part of NMMC's broader digital transformation strategy aimed at enhancing service delivery and citizen engagement.Read more

cover photo

L&T Realty expands in Navi Mumbai with 34-acre Panvel purchase

14 May 2025

L&T Realty has made its first outright land purchase with the acquisition of a 34-acre plot in Panvel, Navi Mumbai, for over INR 102 crore from three landowners. Marking a strategic shift from its usual joint ventures and development agreements, the move strengthens the company's footprint in Navi Mumbai. The land, currently zoned for industrial use, has sparked speculation on whether it will be used for residential development or as a precast manufacturing facility. This follows L&T Realty's recent JV at Bandra Reclamation and a major redevelopment project in Thane, reinforcing its expansion strategy across high-growth urban regions.Read more

cover photo

Navi Mumbai: NMMC removes 64 illegal huts in Belapur as part of anti-encroachment drive

09 May 2025

The Navi Mumbai Municipal Corporation (NMMC) recently conducted an anti-encroachment drive in Durgamata Nagar, Sector-08, Belapur, removing 64 illegal huts built on government land. Led by Commissioner Dr Kailas Shinde and supported by senior officials, the operation involved heavy machinery, 22 workers, and police personnel. This action is part of NMMC's ongoing campaign to curb unauthorised constructions and protect urban planning norms. Officials have pledged to intensify such efforts in the future, underscoring their commitment to preventing the spread of illegal structures and maintaining orderly city development.Read more

cover photo

Navi Mumbai: Panvel society under fire for illegal occupancy and free water misuse

08 May 2025

The Panvel City Municipal Corporation (PCMC) has issued eviction notices to all 96 flat owners of Pioneer Co-operative Housing Society (CHS) for lacking an Occupancy Certificate (OC), rendering the building illegal for residence. Occupied since 2017, the 12-storey building failed to secure necessary approvals like TDR and met with repeated non-compliance despite prior notices. PCMC has also incurred a loss of INR 18.54 lakh by supplying free water tankers since 2023, reportedly under political pressure, despite the society defaulting on water tax payments. While residents face eviction, no action has yet been taken against the builders or architects responsible for the violations.Read more

cover photo

Navi Mumbai Municipal Corporation takes action taken against unauthorized construction in Belapur

01 May 2025

The anti-encroachment department conducted a drive under the direction of Additional Commissioner (2) Dr. Rahul Gethe and Assistant Commissioner (Encroachment) Mr. Bhagwat Doifode by the directives from Navi Mumbai Municipal Corporation Commissioner Dr. Kailas Shinde. The drive, aimed at removing homeless encroachments, led to the eviction of 48 homeless individuals near L&T Bridge, Sector-42, Seawoods, Navi Mumbai. The action was overseen by Assistant Commissioner Dr. Amol Palve and involved a team including engineers, staff, and police personnel. The municipal corporation has stated that such actions will continue in the future.Read more

cover photo

Navi Mumbai: NMMC takes strong action against unauthorized construction in Airoli

30 Apr 2025

The Navi Mumbai Municipal Corporation (NMMC) has acted decisively to stop illegal construction in the Airoli division. Despite receiving notices from the NMMC's Anti-Encroachment Department, the concerned party failed to comply. As per the instructions of Municipal Commissioner Dr. Kailas Shinde and additional Commissioner Dr. Rahul Gethe, the illegal construction was partially demolished on 25th April 2025. A fine of INR 25,000 was imposed. The operation saw the involvement of NMMC officials and anti-encroachment police personnel, with the use of gas cutters and hammer tools.Read more

cover photo

Navi Mumbai civic body intensifies crackdown on unauthorised structures in Belapur, Nerul and Vashi

23 Apr 2025

Earlier this week, Navi Mumbai Municipal Corporation (NMMC) launched a large-scale demolition drive targeting unauthorised constructions in Belapur, Nerul and Vashi. The operation, conducted under the directives of Commissioner Dr Kailas Shinde and supervised by senior officials, included action against illegal structures despite prior notices. In Belapur, illegal constructions on plots in Sector 15 were removed, while in Nerul's Sector 28, 28 unauthorised huts on CIDCO land were demolished. Additionally, in Vashi's Sector 31A and nearby areas, a total of 110 unauthorised huts were cleared. These operations involved local police, municipal staff, and machinery including JCBs.Read more

cover photo

Navi Mumbai Airport set for June launch as CIDCO and Adani review final readiness

22 Apr 2025

CIDCO and Adani Airport Holdings reviewed the final phase of the Navi Mumbai International Airport (NMIA), on track for a June 2025 launch. With DGCA issuing the Airport Information Publication and ORAT trials underway, the airport is nearing operational readiness. Phase 1 includes a Code-F runway, modern terminal, and cargo facilities to handle 20 million passengers annually. CIDCO is fast-tracking road and metro connectivity with NHAI to ensure seamless access. Once operational, NMIA is expected to ease traffic at Mumbai airport and boost real estate, logistics, and economic growth across Ulwe, Panvel, JNPT, and the wider MMR.Read more

cover photo

Navi Mumbai: NMMC intensifies crackdown on illegal structures in Airoli division

21 Apr 2025

Earlier this week, Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive in Airoli after repeated notices to the concerned parties went ignored. Under the directives of Municipal Commissioner Dr. Kailas Shinde, and with guidance from Additional Commissioner Dr. Rahul Gethe and Deputy Commissioner for Encroachment Shri Bhagwat Doiphode, the encroachment department took partial demolition action against an unauthorised construction at Sector-3, Airoli. The structure belonged to Anil Popat Patil and had been constructed without obtaining NMMC permissions. The operation was executed as per Section 54 of the Maharashtra Regional and Town Planning Act, 1966.Read more

cover photo

CIDCO clears 56 acres, demolishes 2,200 illegal structures across Navi Mumbai

18 Apr 2025

CIDCO has demolished over 2,200 illegal structures across Navi Mumbai, Ulwe, Panvel, and Dronagiri in 2025, reclaiming 56 acres valued at INR 2,500 crore. The crackdown includes 547 enforcement actions and the demolition of 90 illegal flats in Kharghar alone. CIDCO has issued 2,100+ notices and warned buyers to verify documents, especially in high-growth areas like NAINA. The recovered land will aid CIDCO's smart city and infrastructure projects, including metro extensions and housing zones. Officials say this move is essential to ensure planned development and curb unauthorized sales that threaten Navi Mumbai's urban future.Read more

cover photo