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

SRA investigates alleged irregularities in Dharavi redevelopment project

19 Feb 2026

The Slum Rehabilitation Authority (SRA) has begun investigating claims of irregularities in the Dharavi Redevelopment Project (DRP), following complaints about demolished huts being re-erected and ineligible residents receiving free housing. Activists and local residents highlighted duplicated hut numbers and structures, including a temple and newly modified areas, being wrongly listed as eligible. The complaints also suggest collusion between DRP officials and recent occupants. SRA has confirmed a detailed inquiry is underway, while the developer, Navbharat Mega Developers Pvt Ltd, stated it was not involved in the original surveys conducted by Mhada.Read more

cover photo

Bandra residents seek firm rules to protect promenades from commercial use

Mumbai News Desk

19 Feb 2026

Residents of Bandra West have raised objections to plans for installing 35 LED advertising boards along the Carter Road promenade, calling for strict and uniform rules to govern the use of public promenades. They have stressed that the seafront walkway, developed over nearly 25 years, functions as a vital open space for daily recreation in a densely built area. Civic groups have warned that the absence of clear guidelines, especially in Coastal Regulation Zone areas, could lead to repeated disputes and gradual commercialisation of public spaces.Read more

cover photo

DGS Sheetal Sky

19 Feb 2026

Mumbai City, India

DGS Sheetal Sky is a luxury residential project by DGS Group in Lokhandwala Complex, Andheri West, Mumbai. It offers 2 and 3 BHK apartments plus jodi options, sized 741-1205 sq ft, with spacious decks and modern amenities like a swimming pool, gym, jogging track, and kids' play area. Prime location near Versova Metro, Infinity Mall, and excellent connectivity to highways and beaches.

View Website | Visit RERA website

cover photo

WeWork India expands footprint with new 90,000 sq ft lease in Gurugram

Gurugram News Desk

18 Feb 2026

WeWork India has expanded its presence in the National Capital Region with a new lease of approximately 90,000 sq ft of office space in Gurugram, signalling continued demand for flexible workspace solutions from corporate occupiers. The company has taken contiguous floors in a Grade-A commercial building in a key Gurugram office node, reinforcing its strategy to cater to evolving workspace preferences among start-ups, small and medium enterprises and large enterprises seeking flexible lease terms. The new space is expected to be operational in the coming months and will feature modern workplace amenities aligned with hybrid working trends. Market participants said the expansion reflects resilience in the flexible office segment, which continues to attract tenants amid broader office market dynamics in the NCR.Read more

cover photo

Kurla residents seek court intervention over metro alignment they call a “death trap”

Mumbai News Desk

18 Feb 2026

Residents of Old Kurla, New Kurla and Buddha Nagar have approached the Bombay High Court to halt construction work on a metro project alignment that they say will reduce road clearance to about 3.5 metres, risking serious traffic and safety issues on a key local artery. They argue that authorities such as the Mumbai Metropolitan Region Development Authority (MMRDA), Mumbai civic bodies and metro officials have not addressed repeated safety concerns. Their plea follows heightened anxiety after a recent metro construction accident in Mulund, prompting calls for a safer solution.Read more

cover photo

Dream Signature

18 Feb 2026

Mumbai City, India

Dream Signature is a modern residential project by Dream India Builders in Oshiwara, Jogeshwari West, Mumbai. It offers spacious 1, 2, and 3 BHK apartments with over 40 premium amenities including swimming pools, gymnasiums, clubhouse, and kids' play areas. Enjoy excellent connectivity to Western Express Highway, metro stations, and nearby commercial hubs like Infinity Mall.

View Website | Visit RERA website

cover photo

Mumbai water metro to roll out in phases from December; DPR due by Feb 28

17 Feb 2026

The Maharashtra government plans to roll out the Mumbai water metro project in phases starting December, aiming to ease traffic congestion across the Mumbai Metropolitan Region (MMR). Ports Minister Nitesh Rane said a Detailed Project Report (DPR) will be submitted by February 28, after which two routes will be finalised for the first phase. The INR 1,200 crore project proposes six to eight routes using battery-powered ferries, initially focusing on key Mumbai city stretches such as Nariman Point, Worli, Bandra, Juhu and Versova. Modelled on the Kochi water metro, the project will later expand across the wider MMR, with improved connectivity including faster access to the upcoming Navi Mumbai International Airport.Read more

cover photo

Bombay High Court upholds deemed conveyance to commercial cooperative society over builder’s contract rights

Mumbai News Desk

17 Feb 2026

The Bombay High Court has upheld a deemed conveyance order granted to Corporate Centre Premises Co-operative Society Ltd, reinforcing statutory protections for cooperative societies over competing private contractual claims by developers. The developer, Krishna Developers, had challenged the conveyance on the basis that its contractual rights for future development were being adversely affected. However, the court ruled that the statutory obligations under the Maharashtra Ownership Flats Act (MOFA) take precedence over private agreements once construction is complete, all Floor Space Index (FSI) has been utilised and occupancy certificates have been issued. Justice Amit Borkar clarified that private contracts cannot override clear legislative mandates that protect society rights, and that objections related to internal society management should be dealt with under the Maharashtra Co-operative Societies Act. The ruling reinforces the legal framework for resolving longstanding conveyance disputes in Mumbai's real estate sector.Read more

cover photo

Apple to open its second Mumbai store in Borivali later this month

17 Feb 2026

Apple has announced the opening of its new Apple Borivali store, which will be its sixth outlet in India and second in Mumbai. The store is scheduled to open on February 26 and follows the company's recent expansion across key cities such as Bengaluru, Pune, and Noida. The Borivali location features Apple's peacock-inspired visual design seen at its newer stores. The outlet is expected to serve consumers as well as startups and businesses, strengthening Apple's retail footprint in India.Read more

cover photo

Phoenix Marketcity Mumbai sees improved access after SCLR extension links to LBS Road

17 Feb 2026

Phoenix Marketcity Mumbai has seen improved accessibility following the opening of the Santacruz - Chembur Link Road extension connecting to LBS Road. The new route offers a signal-free approach that reduces travel time and eases congestion from areas such as Bandra, Santacruz and Andheri. The development improves access to Kurla and the LBS Road corridor, making travel more predictable for visitors. The mall, operational since 2011, continues to be one of Mumbai's largest retail and leisure destinations with strong footfall and established entertainment venues.Read more

cover photo

The Address by GS Tower 4

17 Feb 2026

Mumbai City, India

The Address by GS Tower 4 is a luxury residential tower by Raymond Realty in Sion East, Mumbai, offering 2, 3, and 5 BHK apartments ranging from 658 to 2460 sq ft. Possession is slated for March 2031, with prices starting at INR 1.98 crores and excellent connectivity to key highways and stations. Enjoy modern amenities in this prime urban location.

View Website | Visit RERA website

cover photo

Public safety priority: MMRDA imposes INR 5 crore penalty on contractor after Metro Line 4 parapet incident

16 Feb 2026

A parapet segment fell near Pier P196 on Mumbai Metro Line 4, injuring four people and resulting in one death. MMRDA immediately secured the site, halted construction at the stretch, and initiated a structural safety assessment with BMC and other authorities. A high-level inquiry committee has been formed to investigate construction practices, quality control, supervision, and contractor compliance. Financial penalties of INR 5 crore on the contractor and INR 1 crore on the general consultant have been imposed. Full medical treatment for the injured and financial support for the deceased's family will be provided promptly, with transparency and accountability emphasized.Read more

cover photo

Srishti Group rolls out Valentine’s ‘Commitment Benefit’ on 1, 2 & 3-bed homes

16 Feb 2026

Mumbai-based developer Srishti Group has launched a limited-period Valentine's campaign titled Commitment Benefit, offering special incentives on select homes. The festive scheme applies to its projects Craft De Srishti and Srishti Oasis featuring 1, 2 and 3-bed sun-deck residences priced from INR 96 lakh onwards. Benefits include zero GST, no floor rise charges, spot discounts and a flexible payment plan. The developer said the initiative is positioned around the theme of forever homes, combining emotional appeal with financial advantages. The campaign comes amid rising joint home purchases among young couples and improving connectivity in Mumbai's eastern suburbs, supported by infrastructure upgrades such as the Goregaon-Mulund Link Road.Read more

cover photo

Ajmera Vann

16 Feb 2026

Mumbai City, India

Ajmera Vann is a premium residential project by Ajmera Realty in Andheri West, Mumbai, near Versova Metro Station. It offers 2, 3, and 4 BHK apartments with modern amenities like a swimming pool, gym, and kids' play area. Enjoy proximity to Versova Beach, Infinity Mall, and excellent connectivity for urban living.

View Website | Visit RERA website

cover photo

Suraksha Smart City to deliver 5,868 PMAY homes in Vasai, marking one of MMR’s largest affordable housing handovers

15 Feb 2026

Suraksha Smart City, Vasai, is set to commence the phased delivery of 5,868 Economically Weaker Section (EWS) homes under the Pradhan Mantri Awas Yojana (PMAY) during calendar year 2026. The handover, to be carried out building-wise across Phase 1, represents one of the largest integrated township deliveries in the Mumbai Metropolitan Region. Developed using advanced precast construction techniques and extensive mechanisation, the project has focused on speed of execution without compromising quality. Priced at INR 22.5 lakh for 1 BHK units, with a government subsidy of INR 2.5 lakh, the homes are aimed at first-time buyers. The development also underlines Vasai's growing role as an affordable residential hub within the Mumbai 4.0 growth framework.Read more

cover photo

Navi Mumbai civic chief orders strict enforcement of air quality norms at construction sites, reviews citywide civic operations

15 Feb 2026

The Navi Mumbai Municipal Commissioner, Dr Kailas Shinde, has directed stricter enforcement of air pollution control measures, with a specific focus on construction sites across the city. During a comprehensive review meeting with departmental heads, the commissioner assessed the implementation of pollution mitigation norms, encroachment control, sanitation services, tax recovery and digital governance systems. Officials were instructed to conduct physical inspections of construction sites to ensure compliance with standard operating procedures and to take firm action against violations, including issuing notices and halting work where required. The review also covered sanitation drives, public toilet maintenance, property tax and water charge recovery, and the promotion of online payment systems. The commissioner further emphasised faster grievance redressal, improved internal workflows, and closer coordination with elected representatives to support holistic urban development in Navi Mumbai.Read more

cover photo

Sattva Group enters Mumbai market with over 8 mn sq ft of large-scale redevelopment projects across key urban micro-markets

15 Feb 2026

Sattva Group has formally entered the Mumbai Metropolitan Region with six residential and commercial redevelopment projects spanning more than 8 million sq ft of construction area. Secured through competitive evaluation processes, the projects are spread across Parel (Sewri), Prabhadevi, Goregaon East, Vile Parle West, Powai and the Bandra Kurla Complex vicinity. The portfolio is expected to deliver over 2,500 rehabilitation homes and more than 2,000 new residences, with an estimated gross development value of around INR 11,000 crore. Construction is scheduled to commence in 2026, with phased deliveries extending until 2032. The move aligns with Mumbai's accelerating redevelopment cycle, driven by ageing housing stock and evolving regulatory support under proposed refinements to DCPR 2034.Read more

cover photo

Smartworks crosses 2 million sq ft in Mumbai with 182,300 sq ft lease at The Square

14 Feb 2026

Smartworks Coworking Spaces Limited has expanded its Mumbai footprint with a 182,300 sq ft managed office lease at The Square, a commercial development by Lloyds Realty Developers Ltd in Andheri (East). With this addition, Smartworks total portfolio in Mumbai has crossed 2 million sq ft, reinforcing its position in India's financial capital. The IGBC Gold pre-certified building is strategically located near Chhatrapati Shivaji Maharaj International Airport (T2) and key metro corridors, enhancing accessibility for enterprise occupiers. The expansion follows recent large-scale campus additions in Vikhroli and Navi Mumbai. The company said the move aligns with sustained enterprise demand for high-grade, flexible managed office spaces across Mumbai's prime commercial hubs.Read more

cover photo

BMC moves against major property tax defaulters, warns of seizure and auction

Mumbai News Desk

14 Feb 2026

The Brihanmumbai Municipal Corporation has intensified recovery action against large property tax defaulters in Mumbai by issuing attachment and seizure notices under the municipal law. The civic body has identified several major developers and entities with long-pending dues running into hundreds of crores. Officials have warned that movable assets may be seized first, followed by auction of properties if payments are not made. Property tax remains a key revenue source for civic services, and the BMC has urged defaulters to clear arrears through available payment mechanisms.Read more

cover photo

Alliance City performs Bhoomi Pujan for boutique Matunga project Alliance Harmony, reinforcing focus on low-density premium housing

14 Feb 2026

Alliance City Developers Realtors Pvt. Ltd. has performed the Bhoomi Pujan for Alliance Harmony, a boutique residential development in Matunga, marking the formal start of construction earlier this month. Located on Balkrishna Sule Marg, the project is positioned around a low-density living concept, offering one residence per floor with direct elevator access. The development will comprise spacious 3 BHK apartments and signature 4 BHK sky villas, designed to prioritise privacy, natural light, and cross ventilation. Backed by strong connectivity to educational institutions, transport nodes, and green open spaces, Alliance Harmony targets end-users seeking exclusivity in one of Mumbai's established residential micro-markets. With approvals in place and construction underway, the project adds to Alliance City's growing portfolio of redevelopment-led housing across central and western Mumbai, where demand remains skewed towards limited-supply, lifestyle-oriented developments.Read more

cover photo