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19 Mar 2026
18 Mar 2026
Residents from western suburbs of Mumbai approached Mayor Ritu Tawde earlier this week to address concerns over pollution and noise from construction sites. Representing communities including Gulmohar, JVPD, Santacruz, Bandra, and Pali Hill, nearly 2,000 residents highlighted worsening air quality, excessive noise, and weak enforcement of construction norms. They urged the Brihanmumbai Municipal Corporation (BMC) to regulate construction hours, implement dust control measures, improve noise monitoring, and appoint a dedicated nodal officer to handle complaints. Their engagement reflects growing citizen demand for healthier and safer urban living.Read more
18 Mar 2026
The Mumbai Metropolitan Region Development Authority's attempt to lease a prime commercial plot in the Wadala Notified Area did not receive any bids despite strong development potential. The 10,860 sq m land parcel was offered on an 80-year lease with a reserve price of INR 1,629 crore and a permissible FSI of 10, allowing large-scale commercial development. The authority had extended the submission deadline twice to encourage participation, but the tender closed without response. The plot forms part of the broader plan to develop Wadala as a future commercial district similar to Bandra-Kurla Complex.Read more
18 Mar 2026
17 Mar 2026
The National Company Law Appellate Tribunal (NCLAT) has permitted Brookfield-backed Chronos Properties to replace its bank guarantee for the Bandra Kurla Complex (BKC) headquarters property of IL&FS, which expired earlier this month. Chronos original bid was INR 1,080 crore, later revised to INR 1,481 crore under value-maximisation framework. The tribunal allowed the company a week to submit a fresh demand draft and confirmed that its earlier interim order restricting IL&FS from creating third-party rights on the property will continue until the appeal is decided.Read more
17 Mar 2026
16 Mar 2026
A Liberia-flagged oil tanker, Shenlong, carrying Saudi Arabian crude oil arrived in Mumbai after safely crossing the Strait of Hormuz, a key global oil transit route that has been under heightened security concerns. The vessel transported about 135,335 metric tonnes of crude and docked at the Jawahar Dweep terminal off Mumbai's coast for unloading. The shipment is considered significant as it was among the first crude deliveries to India through the strait after regional tensions disrupted shipping activity. The cargo will be processed at refineries in eastern Mumbai, supporting India's energy supply that relies heavily on West Asian crude imports.Read more
16 Mar 2026
A special CBI court in Mumbai has transferred a cheating case involving around INR 140 crore against Guruashish Construction Pvt Ltd and its directors Rakesh Wadhawan and Sarang Wadhawan to a magistrate's court after corruption charges under the Prevention of Corruption Act were dropped. The decision followed a Central Bureau of Investigation probe which found no involvement of public servants in the alleged fraud related to a loan from Union Bank of India. Since special CBI courts handle cases involving public officials, the matter will now proceed before a magistrate's court for further trial under criminal law provisions.Read more
16 Mar 2026
Maharashtra is reviewing the inclusion of first floor slum residents in the Slum Rehabilitation Authority (SRA) schemes, addressing a long-standing gap where only ground floor occupants are currently eligible. State minister Shambhuraj Desai said the matter will be discussed with the Chief Minister and Deputy Chief Ministers. Lawmakers highlighted that many families have lived on first floors for decades, and excluding them could affect the city's slum free objectives. Officials also noted that agreements between builders and these residents are not legally enforceable under current rules.Read more
16 Mar 2026
The Brihanmumbai Municipal Corporation (BMC) has intensified enforcement against property tax defaulters in Mumbai, initiating attachment proceedings against 6,922 properties with cumulative dues amounting to approximately INR 6,089 crore for the financial year 2025-26. The action forms part of the civic body's ongoing tax recovery drive as the financial year approaches closure. Authorities have already seized 483 properties and proposed auction proceedings for 210 properties where dues remain unpaid despite repeated notices. Following the enforcement action, 2,888 property owners cleared outstanding taxes totalling more than INR 784 crore. As of early this week, the civic body had collected around INR 6,024 crore, representing about 82% of its property tax target for the current fiscal year. Municipal officials have warned that stricter measures, including seizure and auction of properties, will continue against defaulters who fail to settle dues before the financial year-end.Read more
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16 Mar 2026
A sessions court in Mumbai has granted anticipatory bail to a developer and three relatives in connection with a cheating and criminal breach of trust case linked to a redevelopment project in Mazgaon, south Mumbai. The case was filed after a complainant alleged that the developer had failed to provide an alternate shop promised under a redevelopment agreement, leading to a dispute over the implementation of the project. While hearing the anticipatory bail plea, the court observed that significant payments had already been made to the complainant's family and noted that the dispute largely stemmed from contractual obligations within the redevelopment arrangement. Considering the nature of the allegations and the financial transactions involved, the court held that custodial interrogation was not necessary at this stage and granted the accused protection from arrest subject to conditions.Read more
16 Mar 2026
Western Railway is planning to monetise elevated decks being built above platforms at several suburban stations in Mumbai as part of ongoing station improvement works. The decks are being developed by the Mumbai Rail Vikas Corporation to ease congestion and improve passenger circulation at busy stations. Railway authorities are now examining ways to lease these newly created spaces for retail outlets, kiosks and passenger facilities to generate non-fare revenue. Officials say the commercial use will be planned carefully so that commuter movement remains unaffected while the additional space contributes to station maintenance and infrastructure upgrades.Read more
16 Mar 2026
15 Mar 2026
Inspira Realty, a subsidiary of Inspira Global, has launched its luxury residential project Inspira One at Bandra Bay in Mumbai with an estimated gross development value (GDV) of around INR 1,000 crore. The project features 3 and 4 bedroom residences and has been designed through collaborations with international architecture and design firms. Architecture and fade design have been led by AXS Design under designer Yann Leroy, while interiors are curated by Studio HBA of Hirsch Bedner Associates. Landscape planning has been undertaken by Site Concepts International Inc. The development is positioned as a design-led luxury residential project and forms part of Inspira Realty's strategy to expand its presence in Mumbai's premium housing segment. Located in the Bandra Bay area, the project incorporates amenities such as rooftop recreational spaces and dedicated lifestyle facilities.Read more
15 Mar 2026
Sanghvi Realty has received the completion certificate for Sanghvi Aria, its boutique residential project located in Prabhat Colony, Santacruz East. The development comprises 51 one- and two-bedroom apartments across two G+7 buildings on a 0.5-acre plot. With the completion certificate in place, the project is ready for possession, offering homebuyers a ready-to-move option in a well-connected western suburb of Mumbai. Apartment carpet areas range from 457 sq ft to 741 sq ft, with one-bedroom units priced from INR 1.56 crore. The project is located close to key transport and commercial hubs, including Bandra Kurla Complex, the Western Express Highway and the city's airport, making it attractive for professionals and families seeking connectivity and established social infrastructure.Read more
15 Mar 2026
Mira Road in Mumbai's extended western suburbs is increasingly emerging as a premium residential micro-market as infrastructure upgrades, improved connectivity and comparatively lower property prices attract homebuyers and developers. Enhanced road and metro connectivity to major employment hubs, including Bandra-Kurla Complex, SEEPZ and South Mumbai, has strengthened the area's appeal for residential development. The locality also benefits from proximity to the Western Express Highway, Ghodbunder Road and several upcoming infrastructure projects such as the Borivali-Thane Tunnel and the Mumbai Coastal Road extension. Compared with neighbouring suburbs like Borivali and Kandivali, property prices in Mira Road remain around 35-50% lower, providing larger residential configurations and modern amenities at competitive price points. Developers indicate that improved infrastructure and growing residential demand are supporting the area's transition into an emerging premium housing destination within the Mumbai Metropolitan Region.Read more
15 Mar 2026
IndiFrame will showcase its engineered uPVC window and door systems at iDAC Expo 2026, scheduled from March 12-14 at the Jio World Convention Centre in Mumbai. The company will highlight fenestration solutions designed specifically for coastal and high-rainfall climates, addressing challenges such as heavy monsoon rains, humidity and dense urban environments common in cities like Mumbai. Through live demonstration units at the event, IndiFrame plans to showcase the functional performance of its systems across parameters including sound insulation, air tightness, water resistance, wind pressure and heat management. The initiative aims to engage architects, developers and designers and demonstrate how modern fenestration systems can enhance building durability, efficiency and indoor comfort in rapidly growing urban centres.Read more
14 Mar 2026
The Bombay High Court has set aside a Brihanmumbai Municipal Corporation (BMC) order concerning pending payments of over INR 6.41 crore to a contractor for additional work on the Girgaon Chowpatty viewing gallery. The court noted that BMC relied on documents without sharing them with the contractor or allowing him to respond, violating natural justice. Contractor Mukesh Purohit had completed the project and received partial payment of INR 1.36 crore, but the balance remained unpaid. The court has directed a fresh hearing with all submissions considered before a new decision is issued.Read more
14 Mar 2026
Mumbai-based developer Chandak Group has launched a limited-period homebuying scheme across five of its residential projects in the city to coincide with the Gudi Padwa festival and the company's 40th year of operations. The initiative introduces a 40:60 developer subvention structure under which buyers pay 40% of the property value upfront while the remaining 60% is deferred until possession. The offer applies to projects located in Chembur East, Vile Parle West, Andheri East, Malad West and Borivali East and will remain valid until March 31, 2026, after which the effective prices of residences in these developments are scheduled to increase from April 1. The scheme is aimed at improving affordability and easing near-term financial commitments for homebuyers considering premium residences in Mumbai's established residential micro-markets.Read more
13 Mar 2026
The Brihanmumbai Municipal Corporation (BMC) is nearing the completion of 906 rehabilitation flats for families affected by the Goregaon-Mulund Link Road (GMLR) project in Mumbai. Built across seven residential buildings at Kanjurmarg West, each unit is around 300 sq ft and includes basic living facilities. In the first phase, 252 families are expected to be relocated once construction is completed by the end of March. The project also includes community amenities such as a market, health centre, library, and sewage treatment plant to support residents.Read more
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