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01 Mar 2026
Construction of a proposed jetty at Cuffe Parade in south Mumbai was stopped after it emerged that mandatory Coastal Regulation Zone (CRZ) permissions had not been obtained. The project, initiated by the Maharashtra Fisheries Development Corporation, faced strong opposition from residents who said it would impact a community-developed promenade. The Cuffe Parade Residents Association claimed to have spent over INR 30 crore on maintaining the space. They also raised concerns about encroachments, illegal structures and questioned the need for another jetty when the nearby Vadwapa jetty already serves local fishermen.Read more
01 Mar 2026
Mumbai's redevelopment landscape has evolved beyond the replacement of ageing buildings, emerging as a key driver of premium residential growth across suburban markets. As redevelopment activity gathered pace earlier this year, projects across several suburbs moved towards completion or entered new phases, reflecting a broader shift in urban renewal. What began as a response to ageing housing stock and land constraints has developed into a new phase often described as Luxury 2.0, where redevelopment projects integrate modern infrastructure, enhanced amenities and long-term value creation. Supported by policy incentives under Development Control and Promotion Regulations 2034 and strengthened by metro expansion and road connectivity, suburban redevelopment is increasingly delivering high-end housing. Locations across western and central Mumbai are witnessing rising per sq ft values, larger homes and lifestyle-led developments, repositioning suburbs as core residential destinations rather than peripheral markets.Read more
28 Feb 2026
The Bombay High Court has allowed the Brihanmumbai Municipal Corporation (BMC) to use 17,756 sq metres of land in Worli for a sewage treatment plant and related civic infrastructure. The land was originally reserved for this purpose but the reserved area was later reduced from around 27,700 sq metres following a State government order in mid-2024. The court said it will examine how and why this reduction was approved. The developer has assured the court that transit camp structures built on the site will be removed within 90 days.Read more
28 Feb 2026
Mumbai-based real estate developer Platinum Corp. has entered into a design collaboration with interior designer Sussanne Khan for a set of upcoming residential developments planned across key micro-markets in Mumbai, including Bandra, Khar, Santacruz and Andheri. The partnership forms part of the developer's 2026 development pipeline and is aimed at integrating interior design planning more closely with architectural and lifestyle-led residential formats. Khan will be involved across shared and private residential spaces, with a focus on understated, experience-driven interiors aligned with Platinum Corp's redevelopment-led luxury housing strategy. The developer stated that the collaboration seeks to deliver consistency in design language across select projects, while retaining functional planning and long-term residential usability within high-density urban locations.Read more
28 Feb 2026
The Maharashtra government has issued more than 1,000 stop-work notices to construction sites across Mumbai for failing to comply with dust and air pollution control norms, the state environment minister informed the legislative assembly earlier this week. Out of 2,224 active sites, 1,952 have installed air quality monitoring sensors, but several were found violating mandatory mitigation rules. Nearly 1,981 show-cause notices were served over the past four months. Authorities have also collected fines and intensified road-cleaning measures as part of the ongoing clean air enforcement drive.Read more
28 Feb 2026
Maharashtra Housing and Area Development Authority (MHADA) says large-scale cluster redevelopment and targeted policy reforms are essential to address Mumbai's deepening housing affordability crisis, as the city's developable land nears exhaustion. Speaking at the ET Realty Real Estate Conclave 2026, MHADA Vice-President and Chief Executive Officer Sanjeev Jaiswal highlighted that Mumbai's housing affordability index — where an average household spends roughly half its income on home loan EMIs — reflects structural constraints in the supply system. He outlined plans to open 800-1,000 acres for cluster-led redevelopment in integrated layouts and called for rationalisation of premiums, development charges and taxes to reduce housing costs by up to 25 per cent. MHADA's roadmap, he said, would help deliver a substantive share of future housing supply and underpin broader efforts to expand access across income segments.Read more
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
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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
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
26 Feb 2026
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
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