15 Dec 2025

The Airports Authority of India’s high-frequency radar at Dahisar in Mumbai will be relocated to Gorai, a move set to free up around 1,000 acres of land across 6 km for affordable housing projects. The decision, agreed upon by the Civil Aviation Ministry, Maharashtra government, and other stakeholders, aims to overcome building height restrictions imposed by radar installations in Dahisar and Juhu. Over the next five years, an estimated 50,000 homes are expected to be constructed or redeveloped, improving housing availability, urban infrastructure, and employment opportunities in North Mumbai.Read more

15 Dec 2025

Maharashtra Chief Minister Shri Devendra Fadnavis has announced that global asset manager Brookfield plans to invest over USD 1 billion to develop a large global capability centre (GCC) in the state. The proposed 2 million sq ft facility, likely to come up in Mumbai's Powai area, could become the largest GCC in Asia. The project is expected to create over 15,000 direct jobs and support nearly 30,000 indirect jobs. The investment aligns with Maharashtra's GCC policy aimed at large-scale job creation and Brookfield's plan to significantly expand its India-focused assets across real estate, infrastructure, renewable energy, and private equity.Read more

15 Dec 2025

Mumbai Port Authority has approved a INR 470?crore yacht marina at Cross Island, near Princess and Victoria Docks. Built on an EPC model, the project includes dredging, breakwaters, access roads, parking, and visitor facilities. A private operator will manage the marina under a 45?year concession and invest INR 417.37?crore to develop onshore facilities like repair yards, clubhouse, hotel, and restaurants over 4.2 hectares. Developed in three phases, the marina will accommodate more than 600 yachts, offering safe berthing, maintenance, and refuelling services, and enhancing Mumbai’s waterfront infrastructure.Read more

15 Dec 2025

The National Company Law Appellate Tribunal has asked Brookfield-backed Chronos Properties to renew its performance bank guarantee as part of its bid to acquire IL&FS’ Bandra Kurla Complex headquarters. The tribunal also restrained IL&FS from creating any third-party rights over the asset until the appeal concludes, keeping the dispute active ahead of the next hearing scheduled for early February.Read more

15 Dec 2025

The Bombay High Court has questioned the BMC’s shifting stance on Mehta Mahal, a commercial building near Opera House on Charni Road. A 2021 audit rated the building as C2B, meaning it needed urgent repairs but was safe for occupants. Later, an IIT-Bombay report labelled it C1, recommending demolition, prompting the BMC to issue notices before admitting the downgrade was due to miscommunication. The court criticised the inconsistent classifications and asked the civic commissioner to review all records and explain the decisions. A hearing on January 14, 2026, will determine next steps, highlighting broader concerns about clarity and accountability in Mumbai’s building safety system.Read more

14 Dec 2025

Mumbai’s rapid infrastructure expansion—driven by new metro routes and the evolving coastal road network—is reshaping suburban real estate. Faster travel across the city, with commute times on key stretches dropping from 90 to about 30 minutes, has boosted demand in areas like Andheri, Goregaon, Chembur and the Bandra–Khar–Santacruz belt. Improved accessibility, better lifestyle amenities and stronger investment prospects are drawing more homebuyers and professionals to the suburbs. Real estate near metro stations is commanding a premium, while the coastal road is unlocking new development potential along the western waterfront. Together, these projects are fuelling transit-oriented growth, elevating liveability and supporting Mumbai’s long-term urban development vision.Read more

13 Dec 2025

Brookfield Properties is set to invest over USD 1 billion in Maharashtra to build a 2 million sq ft global capability centre, expected to be Asia's largest. The facility will create over 15,000 direct jobs and around 30,000 indirect jobs. Active in India for 15 years, Brookfield manages USD 30 billion in assets and plans to grow this to USD 100 billion in five years. Maharashtra's GCC policy, aimed at generating 4 lakh jobs, is focusing on Mumbai and Pune, with the new facility planned for Powai.Read more

12 Dec 2025

Marriott International has opened Le Méridien Navi Mumbai, a 129-key upscale hotel located about 12 km from the upcoming Navi Mumbai International Airport. The launch marks the brand’s debut in Navi Mumbai and strengthens Marriott’s footprint in the Mumbai Metropolitan Region. The company said the new airport is expected to drive growth in business travel, tourism and commercial activity across the corridor. Strategically positioned, the hotel is designed to serve corporate travellers, transit passengers and leisure guests. Marriott noted that Navi Mumbai is emerging as a key commercial and logistics hub, making the opening timely. The new property adds momentum to the premium hospitality segment as infrastructure-led development continues in the region.Read more

12 Dec 2025

The BMC has issued a INR 3,000 crore tender to construct the Gargai dam in Palghar, Maharashtra, along with a 1.6km tunnel connecting it to the Modak Sagar reservoir. Initially approved in 2013, the project was delayed due to environmental concerns but received clearances earlier this year. Once operational, the dam will supply 440–450 MLD of water to Mumbai. The plan includes relocating six villages, compensatory afforestation, installing a hydropower unit, and building supporting infrastructure. Completion is targeted by 2029, enhancing Mumbai’s long-term water security.Read more

11 Dec 2025

MHADA has reopened its online tender for 16 amenity plots across Mumbai after the earlier round failed to draw bids. The plots, located in areas such as Malad-Malvani, Goregaon’s Unnat Nagar, Kandivli Charkop, Vikhroli, Gorai, Akurli, Kurla and Mulund (East), range from 32 sq m to over 7,000 sq m. They are earmarked for community uses including schools, hospitals, playgrounds, shopping areas and welfare centres. MHADA hopes the fresh tender, which combines unsold and new plots, will attract greater interest from developers and institutions. Bidding opens in the second week of December and remains active until mid-January through MHADA’s online portal.Read more

11 Dec 2025

Navi Mumbai Municipal Corporation has strengthened its single-use plastic ban enforcement, collecting penalties totalling INR 20.65 lakh and seizing 2,146.97 kg of prohibited plastic between January and November 2025. Acting under the guidance of Municipal Commissioner Dr Kailas Shinde, civic teams carried out sustained inspections across commercial establishments, targeting plastic bags and other restricted items. Ten dedicated squads-eight ward-level and two divisional�have been conducting routine checks, with action ranging from fines to confiscation. The initiative is supported by continuous public awareness drives urging residents and traders to avoid plastic usage.Read more

11 Dec 2025

Navi Mumbai Municipal Corporation has stepped up deep-cleaning and dust-control work across MIDC corridors as part of its wider air-pollution mitigation plan. Beyond routine sanitation, internal MIDC roads are now being cleaned using mechanical brushes and flapper machines, followed by washing with treated water. In Ghansoli ward, a major drive covered the Rabale MIDC stretch from MTNL to Kalpana Hotel, with 30 workers deployed and an encap vehicle used to spray fine mist to reduce airborne dust. A similar effort was carried out on the Siddharthnagar-Fibre Company route. Acting on directives from Commissioner Dr Kailas Shinde, ward-level teams are intensifying road-cleaning to improve local air quality.Read more

10 Dec 2025

The BMC has fined contractor S P Singla INR 2.09 crore for delaying Phase 3 of the GMLR flyover. Completion at Goregaon is now expected in May 2026, while only one arm of the Mulund side is scheduled to open by May 31, 2026, with the rest following later. Delays are mainly due to utility relocations and encroachments. Work continues with most pillars erected on the Goregaon side. Local representatives have highlighted safety concerns, inadequate housekeeping, and construction debris, urging better monitoring and stricter accountability.Read more

10 Dec 2025

Sanghvi Realty has announced two new residential projects-Sanghvi Tirth in Andheri and Sanghvi Morya in Shivaji Park-with a combined Gross Development Value of INR 220 crore. Both sites have been demolished and are awaiting Commencement Certificates before construction begins. The firm said the locations were selected for their strong connectivity and steady end-user demand. The launches follow other recent developments such as Sanghvi Palazzo, Sanghvi Aria and Sanghvi Optima, reflecting the company's delivery-focused approach. Directors Pakshal and Shankesh Sanghvi noted that the projects reinforce the firm's commitment to Mumbai's core housing markets. Construction will commence once regulatory approvals are secured.Read more

10 Dec 2025

Sanjali Bajaj has acquired a sea-view apartment in Worli for INR 66.41 crore. The 5,510 sq ft apartment includes a 430 sq ft balcony and additional podium-level parking/ancillary space of over 1,370 sq ft. The stamp duty for the mid-November transaction was INR 3.32 crore, with a price of roughly INR 1.20 lakh per sq ft. This follows earlier Bajaj family purchases in Mahalaxmi worth INR 104 crore. The acquisition indicates that demand for ultra-luxury, sea-view homes among India's wealthy remains strong and continues to define Mumbai's premium real estate market.Read more

09 Dec 2025

Ashoka Buildcon has secured an additional INR 447.21 crore work under its ongoing BMC flyover project on the Sion-Panvel Highway. The extension covers construction of Flyover Arms 1 and 2 at the T-junction near Maharashtra Nagar in Mumbai's M/E Ward, increasing the total project value to INR 1,573.79 crore. The timeline for the entire project has now been extended to 13 January 2028. The order, awarded on a percentage-rate basis, remains a domestic contract and does not fall under related-party transactions. The company had originally won the project as the lowest bidder.Read more

09 Dec 2025

Mumbai Metro has deployed an AI-based wheel profile measurement system developed by IntelliRail on Metro lines 2A and 7 to detect wheel wear or damage. Installed at the Charkop depot, the system uses sensors, lasers, and cameras to capture precise measurements, reducing the need for manual inspections. It can alert maintenance teams automatically if wheels exceed preset limits, enabling proactive repairs. This step aligns with broader modernization efforts by MMMOCL and the shift toward condition-based maintenance, aiming to extend wheel life, reduce track stress, and improve metro safety.Read more

09 Dec 2025

The Supreme Court has raised concerns over a surge in real estate disputes in Delhi-NCR and Mumbai, pointing out that thousands of homebuyers are affected by delayed possession and unresolved redevelopment cases. Major developers such as Unitech, Amrapali, Jaypee, and Supertech are among those involved in litigation. The court noted that while states like Gujarat face fewer disputes, the situation in these two regions is significant, directly affecting developers' reputations. It urged builders to address the causes of these conflicts and improve project delivery and transparency.Read more