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 City

MMRDA report holds Reliance Infra-Astaldi JV accountable for Mulund Metro 4 accident

Mumbai News Desk

27 Mar 2026

A probe by the Mumbai Metropolitan Region Development Authority (MMRDA) has found the Reliance Infrastructure-Astaldi joint venture responsible for the Metro Line 4 accident in Mulund that caused one death and injured three people. The report identified human error and lack of supervision as the main reasons behind the incident. It clarified that there was no flaw in design or materials. The authority imposed a penalty of INR 5 crore and initiated safety audits across Metro projects, highlighting concerns around execution practices and on-site monitoring.Read more

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Puravankara records over INR 800 crore sales at launch of first Mumbai redevelopment project in Andheri West

27 Mar 2026

Puravankara Ltd. has reported sales exceeding INR 800 crore at the launch of its first redevelopment project, Purva Estrella, located in Lokhandwala Circle, Andheri West. The initial phase saw approximately 85% of the launched inventory absorbed, indicating strong demand in Mumbai's redevelopment segment. The project offers 2, 3 and 4 BHK residences priced between INR 3 crore and INR 7 crore. The performance reflects increasing buyer preference for redevelopment-led housing backed by established developers. The launch marks the company's entry into Mumbai's redevelopment market, with further projects planned across key locations including Thane and South Mumbai.Read more

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BMC clears 33 structures to push Versova–Dahisar coastal road work

27 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has removed 33 structures that were obstructing the Versova Dahisar coastal road project, helping clear a key hurdle in its execution. The move is expected to support faster on-ground progress for the project, which is part of Mumbai's larger coastal road network. The stretch has faced delays due to land constraints, environmental concerns, and regulatory approvals. With physical obstructions now being addressed, the civic body is working to streamline construction and maintain timelines for improving connectivity across the western suburbs.Read more

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BMC sets 7-day deadline for Andheri West fire station land handover

Mumbai News Desk

27 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has issued a seven-day deadline for handing over a plot reserved for a fire station in Andheri West, highlighting delays in strengthening emergency infrastructure. The civic body has warned that it may begin acquisition proceedings if the land is not transferred within the given timeframe. The planned facility is important for improving fire response in one of Mumbai's most densely populated suburbs. The case reflects ongoing challenges in securing reserved public amenity plots and the need for faster coordination between authorities to implement city infrastructure plans.Read more

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Sayba Noor

27 Mar 2026

Mumbai City, India

Sayba Noor (Sayba Luxe) by Sayba Group offers luxury 1, 2 & 3 BHK balcony homes (530-1300 sq ft) opposite Jogeshwari Station in Mumbai. Features 5 towers (G+22 storeys), Qibla-facing design, 35+ amenities including pool, prayer room, spa, and Jodi options for larger spaces. New launch with possession Jun 2029.

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Arkade Developers launches INR 230 crore luxury residential project in Goregaon West, expanding presence in western suburbs

26 Mar 2026

Arkade Developers Ltd. has launched Arkade Evoke, a luxury residential project in Goregaon West with an estimated gross development value of INR 230 crore. Spread across 1.09 acres, the project comprises premium 2 and 3 BHK apartments and marks the developer's eighth project in the Goregaon-Malad corridor. The location benefits from connectivity through key transport infrastructure, including a nearby metro station. The launch reflects sustained demand for premium housing in established western suburbs, with a focus on design-led layouts and enhanced liveability features catering to evolving buyer preferences in Mumbai's residential market.Read more

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Only one bidder shows interest in INR 980 crore Deonar abattoir upgrade

Mumbai News Desk

26 Mar 2026

The Brihanmumbai Municipal Corporation has received only one bid for its INR 980 crore Deonar abattoir modernisation project despite extending deadlines multiple times. The initiative aims to upgrade the existing slaughterhouse into a modern, hygienic facility under a structured development plan that includes public-private participation for specific animal processing units. The limited participation has led the civic body to review the technical suitability of the bid before moving ahead. The situation also highlights challenges in attracting bidders for large-scale urban infrastructure and redevelopment projects in Mumbai.Read more

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Poor lighting at Mahim beach raises public safety concerns in Mumbai

Mumbai News Desk

26 Mar 2026

Residents and activists in Mumbai have raised concerns over inadequate street lighting at Mahim Beach, especially around the Reti Bunder stretch. Several streetlights in the area are reported to be non-functional, leaving large sections poorly illuminated during evening and night hours. This has led to repeated appeals to civic authorities, including the Brihanmumbai Municipal Corporation, to carry out repairs and improve lighting. The issue highlights gaps in basic urban maintenance that directly affect public safety in frequently visited public spaces.Read more

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NICCO Sundermilan

26 Mar 2026

Mumbai City, India

NICCO Sundermilan by New India Construction offers exclusive 2 BHK apartments (604-763 sq ft carpet) in Sunder Nagar, Malad West, Mumbai. This under-construction 22-storey tower with 110 units provides modern amenities and excellent connectivity to Malad station, metro, and Western Express Highway. Possession expected in the coming years.

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BMC seeks INR 2,287 crore property tax dues from MMRDA and MHADA

Mumbai News Desk

25 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has asked Mumbai Metropolitan Region Development Authority (MMRDA) and Maharashtra Housing and Area Development Authority (MHADA) to clear property tax dues of over INR 2,287 crore. A large portion of the dues comes from MMRDA's infrastructure assets, while MHADA's pending amount is linked to residential properties. The move comes as BMC strengthens collections before the financial year-end. With property tax now its main revenue source after octroi was removed, recovering such large dues has become important for maintaining civic finances.Read more

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BMC demolishes LT Market shops amid vendor claims of redevelopment push

Mumbai News Desk

25 Mar 2026

Demolition of several shops at LT Market by the Brihanmumbai Municipal Corporation has led to protests from vendors, who allege that the action was linked to a redevelopment proposal supported by a private builder. Traders said they were not given clear communication, consent options, or rehabilitation details before the drive. Civic officials have stated that the structures were unauthorised and part of routine action. The incident has raised concerns about transparency in redevelopment processes and the protection of long-standing small businesses in Mumbai's traditional market areas.Read more

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Mumbai pushes double-decker Sewri–Worli connector as Elphinstone bridge demolition speeds up

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

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Bombay high court overturns DRT stay on auctioned flat, strengthens auction buyer rights

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

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Paradigm Superstar

25 Mar 2026

Mumbai City, India

Paradigm Superstar offers ultra-luxury 3 & 4 BHK apartments (811-2263 sq ft) along Carter Road in Bandra West, Mumbai. This exclusive 23-storey tower with 45 units features sea views, infinity pool, gym, sky club, and proximity to Otters Club, Linking Road, and Bandra-Worli Sea Link. New launch with possession Apr 2029.

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Maharashtra orders probe into alleged INR 1,000 crore irregularities in BMC housing project

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

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Shapoorji Pallonji Real Estate launches Nine Arcs in Santacruz East with design-led premium homes

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

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Mumbai Metro enables Uber app ticketing through ONDC to boost last-mile connectivity

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

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Raymond Invictus by GS Tower A

24 Mar 2026

Mumbai City, India

Raymond Invictus by GS Tower A offers ultra-luxury 3 & 4 BHK residences (1200-1486 sq ft) in Kala Nagar, Bandra East, near BKC. This new-launch premium tower features 62 exclusive units across 2.1 acres with world-class amenities like pools, gym, clubhouse, and metro connectivity; possession Aug 2031.

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HCC secures INR 1,662 crore BMC contract for Goregaon–Mulund Link Road phase

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

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Mahindra Lifespace targets around INR 3,000 crore revenue from Mumbai housing project

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

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