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

Navi Mumbai Municipal Corporation steps up vigilance to ensure safe drinking water supply

12 Jan 2026

The Navi Mumbai Municipal Corporation (NMMC) has intensified its monitoring and safety measures to ensure the supply of clean and safe drinking water across the city, following recent concerns arising from a water contamination incident in Indore. Leveraging its own Morbe Dam project, Navi Mumbai continues to be recognised as a water-secure city, with regular testing and quality checks already in place. However, in view of potential risks arising from the proximity of water and sewage pipelines, NMMC Commissioner Dr. Kailas Shinde has directed officials to adopt additional precautionary measures. The civic body has initiated end-to-end inspections of the water supply system, from source to consumer, with special focus on vulnerable residential areas, to maintain strict adherence to water quality standards.Read more

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Ritika Sajdeh buys luxury apartment in Mumbai's Prabhadevi for INR 26.30 crore

Mumbai News Desk

12 Jan 2026

Ritika Sajdeh, the wife of Indian cricket captain Rohit Sharma, purchased a premium apartment in Prabhadevi, Mumbai, for INR 26.30 crore. The flat, located in Ahuja Towers, spans a carpet area of 2,760.40 sq ft and comes with three car parking spaces. Registration documents show the transaction attracted INR 1.31 crore in stamp duty and INR 30,000 in registration fees, with the sellers listed as Ajinkya DY Patil and Puja Anjinkya Patil. Sajdeh, known for her sports management career, has been increasingly investing in high-value real estate in Mumbai.Read more

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Rajiv Aquina

12 Jan 2026

Mumbai City, India

Rajiv Aquina in Andheri East is a new residential project offering thoughtfully designed 1 , 2 & 3 BHK homes that blend modern comfort with functional layouts for urban living. Situated in the well-connected Kondivita area, it combines everyday convenience with proximity to transit links, schools, and commercial hubs.

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Superb Realty hosts its first-ever Superb Cup 2026 cricket league with Ghatkopar real estate association

11 Jan 2026

Superb Realty marked a new chapter in channel partner engagement by hosting the inaugural Superb Cup 2026, a one-day cricket league organised in association with the Ghatkopar Real Estate Association. Held in Mumbai, the tournament brought together eight channel partner teams, blending competitive sport with networking and community-building. The event highlighted Superb Realty's focus on nurturing relationships beyond formal business interactions, using sport as a platform to strengthen collaboration, trust and shared growth. With strong participation, enthusiastic support from industry leaders and high-energy matches, the league emerged as a celebration of teamwork and camaraderie. The Superb Cup 2026 reinforced the growing trend of experiential engagement within the real estate ecosystem, where partnerships are deepened through meaningful, people-centric initiatives.Read more

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From mid-suburb to prime hubs: how cluster projects are transforming Goregaon into a modern urban core

Mr. Ruchit Mehta, Partner, Mehta Realty

11 Jan 2026

Goregaon's journey from a mid-suburban residential area to a fast-emerging urban hub reflects Mumbai's broader evolution, with cluster redevelopment now driving its next phase of growth. Once known for open land and modest housing, the suburb has steadily transformed through improved connectivity, commercial development and stronger social infrastructure. The cluster redevelopment model is accelerating this shift by consolidating fragmented plots into planned, mixed-use neighbourhoods that integrate housing, offices, retail and community amenities. Backed by metro connectivity, arterial roads and upcoming infrastructure projects, Goregaon is witnessing rising property values and growing interest from end-users and investors alike. More importantly, cluster projects are addressing the challenge of ageing housing stock by improving safety, liveability and sustainability. Together, these factors are repositioning Goregaon as a modern urban core within Mumbai's western suburbs.Read more

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Wipro expands Navi Mumbai presence with 1.45 lakh sq ft office lease

Mumbai News Desk

10 Jan 2026

Wipro Limited has strengthened its presence in Navi Mumbai by leasing approximately 1.45 lakh sq ft of Grade A office space at Mindspace SEZ, Airoli East, on a five year lease. The agreement, registered in late December 2025, includes a lock in period of 36 months, 97 car parks, and an 84 day rent free period before rent starts in April. The monthly rent begins at around INR 97.25 lakh with annual 5% escalations. This lease complements Wipro's existing footprint in the Airoli campus, reflecting the continued demand for cost efficient suburban office spaces.Read more

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NMMC orders closure of 19 construction sites as air quality worsens

Navi Mumbai News Desk

09 Jan 2026

The Navi Mumbai Municipal Corporation (NMMC) recently directed the shutdown of 19 construction sites after air quality levels exceeded 200 in multiple localities, marking poor pollution conditions. Alongside these closures, notices were issued to 42 other sites for failing to meet environmental safety standards. Enforcement teams, including flying squads of assistant commissioners and engineers, are actively monitoring compliance with a 27-point air pollution control plan. The civic body is also increasing dust suppression measures, installing air quality monitoring devices, and issuing penalties to developers to control rising particulate pollution during the winter season.Read more

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Bombay High Court halts BMC demolition of Rakhmabai Mhatre Chawl homes and protects residents from eviction

Mumbai News Desk

09 Jan 2026

The Bombay High Court has intervened to stop the Brihanmumbai Municipal Corporation (BMC) from proceeding with the demolition of homes at Rakhmabai Mhatre Chawl in Mulund (East), ruling that the civic body's notices were vague and unjustified. The court found that six residents had adequately demonstrated long-term occupancy through historical property tax and utility records, undermining BMC's claim of unauthorised construction. Observing that the demolition warnings lacked clarity on what was unlawful, the bench quashed the notices and ordered that no coercive action be taken until the civil suits are finally disposed of. The ruling underscores the need for precise procedural compliance when authorities seek to remove longstanding residential structures.Read more

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Salman Khan’s brother-in-law’s firm to redevelop 60-year-old Bandra housing society

09 Jan 2026

Atul Agnihotri's real estate firm, Shivansai Homemaker Infra LLP, has secured the redevelopment rights of the 60-year-old Palimala Cooperative Housing Society in Bandra, Mumbai. The project involves 11 members and includes a significant increase in apartment sizes, along with structured financial compensation during the construction period. The agreement was formally registered with a token payment and stamp duty. Members will receive upgraded homes with modern specifications once redevelopment is completed, in line with Mumbai's ongoing push to renew ageing residential societies.Read more

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Heritage sea-facing bungalow in Juhu listed for sale at INR 250 crore

Mumbai News Desk

09 Jan 2026

A rare heritage, sea-facing bungalow in Mumbai's upscale Juhu neighbourhood has hit the market with an asking price of INR 250 crore, underscoring strong interest in ultra-prime coastal real estate. Named Leela, the property spans a 14,858 sq ft plot with about 8,480 sq ft of built-up area, and features six bedrooms, multiple living spaces, sea-facing balconies and a large terrace with panoramic sea views. Built in the 1950s in Art Deco style, the bungalow is listed as a Grade IIB heritage property, offering both architectural legacy and redevelopment potential under city regulations. Owned by the Nanavati family, the listing has attracted interest from developers and high-net-worth buyers, reflecting continued demand for iconic and scarce residential assets in Mumbai's luxury segment.Read more

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BMC strengthens enforcement at construction sites to control winter air pollution

Mumbai News Desk

09 Jan 2026

The BMC has deployed ward-level flying squads to enforce pollution-control measures across Mumbai, with a focus on construction sites. During December 2025, 557 sites received showcause notices, while 233 faced stop-work orders for non-compliance. Winter conditions and low winds worsen air quality, with industrial emissions, road dust, construction, and vehicle smoke as primary contributors. Citizens are urged to follow official CPCB and MPCB data, as private platforms often rely on unverified sources. Revised 2024 guidelines mandate stricter control measures, including netting, water sprinkling, and air monitoring systems.Read more

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Railway land in central Mumbai receives INR 1,368 crore bid for redevelopment

Mumbai News Desk

09 Jan 2026

The Railway Land Development Authority (RLDA) has received a bid of INR 1,368 crore for redeveloping nearly six acres of its Supari Baug colony in central Mumbai's Parel area. The bid, submitted by Dineshchandra R Agrawal Infracon, slightly surpasses RLDA's revised reserve price. Offered on a 99 year lease under a revenue share model, the project will now undergo technical and financial evaluation. Parel's transformation over the past two decades into a residential and commercial hub has made centrally located railway land highly attractive to developers.Read more

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Court quashes decades-old slum tag on Godrej land in Vikhroli

Mumbai News Desk

09 Jan 2026

A civil court in Mumbai has ruled that Godrej & Boyce's Vikhroli land cannot be classified as a slum, setting aside a government notification issued in the late 1970s under the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act. The notification had labeled around 7,850 square metres of the property as a slum. The court found the declaration legally invalid and issued an injunction preventing authorities from treating the land as a slum unless a fresh, valid declaration is made. The ruling also protects the company's access and use of the land.Read more

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Veera Desai Road to close after civic polls for bridge demolition and reconstruction

Mumbai News Desk

09 Jan 2026

Following the recent civic elections in Mumbai, a major section of Veera Desai Road in Andheri West will be closed to regular traffic to allow demolition and reconstruction of a worn-out bridge over Mogra Nala at Dhake Colony. Traffic authorities have provided alternate routes, diverting southbound vehicles via Court Yard, Chitrakoot Junction, and New Link Road, while vehicles from JP Road will also use New Link Road. Residents have expressed concern about potential congestion, recalling earlier partial closures, and authorities have urged commuters to follow the diversion plan until the bridge work is complete.Read more

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Sugee Gaurav

09 Jan 2026

Mumbai City, India

Sugee Gaurav in Dadar West is an exclusive residential tower by Sugee Group offering premium 2 & 3 BHK homes with thoughtfully planned layouts and modern amenities. Located near Shivaji Park with excellent connectivity and serene park/sea views, it blends refined living with urban convenience.

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Former Mumbai mayor leans on past achievements and pledges to drive cluster redevelopment in BMC election campaign

Mumbai News Desk

08 Jan 2026

Former Mumbai mayor and three term corporator Kishori Pednekar is actively campaigning for the ongoing Brihanmumbai Municipal Corporation (BMC) elections, focusing on her previous work and direct engagement with voters in Ward 199. Representing the Shiv Sena (UBT), she highlighted her role during the COVID 19 pandemic and efforts on local civic issues, including water supply and MHADA cluster redevelopment, to strengthen trust with residents. Pednekar faces competitors from Shiv Sena (Shinde), BSP and Vanchit Bahujan Aghadi. Her campaign underscores continuity in civic governance and local development priorities.Read more

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Ideal Cures promoters acquire luxury Worli apartments for INR 190 crore

Mumbai News Desk

08 Jan 2026

Promoters of Mumbai-based pharmaceutical firm Ideal Cures, Suresh Pareek and Veena S Pareek, have acquired two adjoining luxury apartments in Worli for a total of INR 190.1 crore. The units, located on the 43rd floor, have a combined RERA carpet area of around 12,114 sq ft and include 10 dedicated car parking spaces. Each apartment comes with spacious balconies and terraces. The purchase, registered late last month, reflects continued interest from business families in large-format premium homes despite limited new supply and high pricing in central Mumbai's luxury real estate market.Read more

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RLDA receives INR 1,368 cr bid for prime Parel land parcel

Mumbai News Desk

08 Jan 2026

The Railway Land Development Authority (RLDA) has received a bid of INR 1,368 crore from Dineshchandra R Agrawal Infracon for the redevelopment of the nearly six-acre Supari Baug colony in central Mumbai's Parel area. The land is being offered under a revenue share model with a 99-year lease. The effective reserve price was set at INR 1,343 crore after carving out INR 390 crore for the rehabilitation of the existing railway colony. The single bid will undergo technical and financial evaluation, while authorities may consider re-tendering to attract more competition.Read more

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Vascon Orchids

08 Jan 2026

Mumbai City, India

Vascon Orchids in Santacruz West is a luxury residential development by Vascon Engineers, offering premium 2 & 3 BHK homes in a prime Linking Road location. Nestled amidst one of Mumbai’s most sought-after neighbourhoods with excellent connectivity and curated lifestyle amenities, it combines refined urban living with contemporary comfort.

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Allcargo Terminals expands container freight station capacity near JNPT to support rising cargo volumes

07 Jan 2026

Allcargo Terminals Ltd has increased the capacity of its container freight station near Jawaharlal Nehru Port in the Mumbai Metropolitan Region to 3.6 lakh TEUs annually, up from 1.90 lakh TEUs. The expansion includes a 25 per cent rise in warehousing space, dedicated zones for special and over-dimensional cargo, and RTG-enabled yard operations. The move is part of the company's three-year strategy focused on scale, digitisation, and infrastructure, while supporting growing EXIM trade volumes and JNPT's long-term capacity goals.Read more

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