03 Dec 2025

Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive in the Belapur ward earlier this week after the property owner failed to act on an earlier notice issued under MRTP Section 53(1A). Acting on directions from the civic chief and in compliance with an order of the Additional District Court, the encroachment department removed an unauthorised sheet structure at a residential unit in Kukreja Estate, Sector 11. Senior officials, engineers, labourers, police personnel, and support staff were deployed, using technical equipment and manpower to execute the operation.Read more

02 Dec 2025

IndiGo has expanded its domestic network from Navi Mumbai International Airport by announcing new routes and additional frequencies to strengthen regional connectivity. The airline will start daily flights to Coimbatore and Chennai from 29 December 2025, introduce five-times-weekly flights to Vadodara from 30 December 2025, and increase flights to North Goa to five a week from 26 December 2025. These additions build on IndiGo's earlier launches from the newly opened airport, which is gradually becoming an important secondary aviation hub for the Mumbai region. Bookings for all new flights are now open.Read more

02 Dec 2025

Mumbai has recorded a clear rise in air pollution levels, mainly driven by large-scale construction work and steady growth in vehicular emissions. Experts from IIT-Bombay and the IMD have explained that seasonal weather conditions, including cooler nights and calmer winds, are allowing pollutants to stay close to the surface. While the citywide AQI has remained in the moderate bracket, certain pockets such as the Bandra Kurla Complex experienced severe readings. The municipal body has issued multiple guidelines and stop-work notices to control dust and restrict further deterioration.Read more

02 Dec 2025

Mumbai Metro Rail Corporation (MMRC) has begun offering app-exclusive discounted monthly passes for Metro Line 3, aiming to encourage digital ticketing and reduce dependence on physical tokens. Commuters can now purchase 60-trip passes at a 15 % discount and 45-trip passes at a 10 % discount, with the entire process - from payment to activation - completed within the MetroConnect3 mobile app. The initiative, rolled out earlier this week, builds on MMRC's recent digital-first approach and is expected to extend to National Common Mobility Card (NCMC) users in the near future.Read more

02 Dec 2025

The National Company Law Tribunal (NCLT) in Mumbai, earlier this past week, dismissed the INR 1,080 crore bid submitted by Brookfield-backed Chronos Properties for acquiring IL&FS's flagship Bandra Kurla Complex (BKC) property. The tribunal upheld IL&FS's contractual authority to revise the consideration under the court-approved resolution framework, accepting the company's move to increase the valuation to INR 1,481 crore. It also noted that updated valuation reports placed the property's fair-market value at around INR 1,722 crore. The order additionally clarified the status of Chronos's performance guarantee obligations under the bidding conditions.Read more

01 Dec 2025

Navi Mumbai Municipal Corporation (NMMC) stepped up its scrutiny of construction sites earlier this week after the civic chief directed officials to enforce anti-pollution measures more stringently amid rising winter smog. The town planning department was instructed to personally verify dust-control systems at active project sites and shut down any location failing to comply for a week. Acting on these orders, engineering teams have begun field inspections across construction zones, quarries, RMC plants and coal-based bakeries, ensuring adherence to air and noise pollution norms mandated under the SOP issued last year.Read more

01 Dec 2025

Sporta Technologies has leased 169,250 sq ft in Ascent Worli, Mumbai, under a five-year agreement with a starting monthly rent of INR 5.07 crore and 4.75% annual escalation. The deal includes exclusive access to 135 car-parking spaces, a security deposit of INR 30.46 crore, and CAM deposit of INR 1.26 crore, along with a 36-month lock-in period and six-month fit-out. This lease, one of the largest single-tenant deals in Mumbai this year, reflects the company's aim to optimise costs while moving to a premium, well-equipped office in a prime commercial hub.Read more

30 Nov 2025

Rakesh Roshan and his wife Pramila 'Pinkie' Roshan have expanded their commercial property portfolio in Mumbai with the purchase of five office units in Andheri East for a total of INR 19.68 crore. All units, located in the Vaidya West World One Aeropolis building, were registered earlier this week. Together, they span over 7,500 sq ft of carpet area and include ten parking slots. Two offices were bought under Rakesh Roshan's name, while three were registered to Pramila Roshan. The couple paid more than INR 1.18 crore in stamp duty. This follows other recent acquisitions in the same business district, signalling sustained long-term interest.Read more

29 Nov 2025

Mumbai Metro Rail Corporation has drawn up a proposal for a 3 km network of underground pedestrian tunnels to improve connectivity at the Science Centre (Worli) and BKC stations of Metro Line 3. The plan includes a 1.4 km tunnel linking BKC station with the upcoming bullet train terminal, and two tunnels at Worli measuring 1.1 km and 500 m. Each tunnel will be around 5 metres wide and will include escalators and elevators. The INR 250 crore project will be funded by MMRC and BMC, supported by TOD incentives, and is targeted for completion by 2029-30.Read more

29 Nov 2025

CIDCO has unveiled a housing scheme offering 4,508 ready-to-move homes across Navi Mumbai's Taloja, Dronagiri, Ghansoli, Kharghar, and Kalamboli nodes. The scheme operates on a first-come, first-served basis, allowing applicants to directly choose their preferred units. Among the tenements, 1,115 are allocated for the Economically Weaker Section (EWS) under PMAY with a subsidy of INR 2.5 lakh, while 3,393 are for the Low Income Group (LIG). Online registration has begun, and successful applicants can start selecting flats later this month, with immediate possession upon payment and document verification.Read more

29 Nov 2025

A quiet shift is unfolding across Mumbai as the Permanent Transit Camp (PTC) model gains momentum in unlocking long-stalled slum redevelopment. Traditionally, projects in areas where sale rates could not exceed INR 20,000 per sq ft struggled to break even due to rising construction costs, unstable negotiations and heavy premium payouts. The PTC framework bypasses these bottlenecks by shifting eligible slum households to a separate, fully certified permanent structure, freeing the original land for unencumbered development. With third-party funding shouldering all expenses and developers earning fixed fees without investment exposure, the model is reshaping both market dynamics and neighbourhood conditions.Read more

28 Nov 2025

The Maharashtra government has approved the detailed project report and phase I implementation plan for the Uttan-Virar Sea Link, a large regional connectivity project valued at INR 58,755 crore. The plan covers a 24.35 km sea bridge and 30.77 km of connecting roads, forming a 55.12 km corridor. The state will extend INR 11,116.27 crore as non-interest support, while the remaining funds will be raised by MMRDA and external borrowings. The proposal follows earlier revisions that had significantly reduced the project's earlier estimated cost.Read more

28 Nov 2025

Navi Mumbai Municipal Corporation has initiated a major cleaning drive on busy city roads and the MIDC area to reduce dust and air pollution. Under the guidance of Municipal Commissioner Dr. Kailash Shinde and Additional Commissioner Sunil Pawar, all eight departments are actively participating. Roads such as Thane Belapur Marg, Amra Marg, and main MIDC streets are being cleared of accumulated soil using brooms, flipper machines, and mechanical vehicles, followed by washing with treated sewage water. Dust suppression foggers are deployed at busy intersections, and vigilance teams monitor construction and industrial sites.Read more

26 Nov 2025

Maharashtra Chief Minister Shri Devendra Fadnavis has laid out a plan for all significant infrastructure projects in Mumbai to be completed by 2032, aiming for full city transformation within five to seven years. He emphasised work on sea-link extensions, new tunnels, free-flow bridges, and link roads to reduce congestion on the Western Express Highway. The metro network is to be built within five years, while public transport will be electrified. Sewage treatment upgrades and green zones in Dharavi form part of his wider environmental goals.Read more

26 Nov 2025

Wallnut Real Estate Services has facilitated the sale of a 3,125 sq ft carpet office unit at ONE BKC in Mumbai's Bandra Kurla Complex for INR 38 crore, marking one of the city's highest-value office transactions in the past week. The deal, completed between buyer Sawariya Futureworks Ltd and seller Harmony Realty, closed at INR 38.3 crore, translating to a benchmark rate of INR 1,22,000 per sq ft. The transaction reinforces ONE BKC's appeal as a premier Grade A commercial hub known for strong tenant demand and strategic connectivity. Wallnut's Sukant Mangal said the record price reflects the project's long-standing position at the top end of Mumbai's office market.Read more