Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Location : Mumbai

Marriott launches a 129-key Le Méridien Hotel in Navi Mumbai

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

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BMC issues INR 3,000 crore tender for Gargai dam to boost Mumbai’s water supply

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

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MHADA reopens online tender for 16 amenity plots across Mumbai

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

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Navi Mumbai steps up single-use plastic ban, collects INR 20.65 lakh in penalties

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

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Navi Mumbai intensifies deep-cleaning and dust control across MIDC corridors

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

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BMC fines GMLR flyover contractor INR 2.09 crore after nearly one-year delay

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

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Sanghvi Realty expands in Mumbai with new Andheri and Shivaji Park projects

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

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Sheetal Sagar Darshan and Vanashree

Mumbai City, India

Sheetal Sagar Darshan and Vanashree in Malad West is a compact residential development offering 1- and 2-BHK flats, designed for practical modern living. With essential amenities and a location well-connected to transit and local facilities, it aims to provide convenient and affordable urban housing.

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Sanjali Bajaj expands luxury portfolio with INR 66 crore sea-view apartment in Worli

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

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Ashoka Buildcon receives additional INR 447.21 crore work for BMC's Sion-Panvel flyover project

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

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Mumbai Metro adopts AI-based wheel monitoring system to boost safety and uptime

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

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SC warns that growing homebuyer disputes in NCR and Mumbai damage trust

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

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Mumbai Metro Lines 2A and 7 face technical glitch, causing commuter delays

Mumbai Metro Lines 2A and 7 experienced a technical glitch, resulting in service delays and passenger inconvenience across western suburbs. Some trains were stalled at stations, while others ran at slower speeds, impacting peak-hour travel. The operator, MMMOCL, confirmed the technical issue and worked to restore services quickly. Normally, these lines operate hundreds of services daily with short intervals during peak hours. The disruption highlighted the importance of consistent maintenance and monitoring to ensure smooth metro operations and reduce commuter stress.Read more

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Apollo Konark Vaayu

Mumbai City, India

Apollo Konark Vaayu in Goregaon West is a modern residential project offering compact 1- and 2-BHK apartments, designed for practical urban living without luxury pricing. Set across a thoughtfully planned campus with essential amenities and excellent connectivity, it’s positioned as a smart housing option for first-time buyers and young professionals.

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Sonu Nigam leases a commercial unit in BKC, Mumbai for INR 19 lakh per month

Sonu Nigam has leased a 4,257 sq ft commercial unit in Trade Centre BKC, Santacruz East, under a five-year agreement that begins with a monthly rent of INR 19 lakh. The contract includes annual escalations-5.26% in the second year and 5% thereafter-taking the rent to INR 23.15 lakh in the final year. Total rental income over the term is estimated at INR 12.62 crore. The deal, registered in December 2025, involved stamp duty of INR 3.27 lakh and a security deposit of INR 90 lakh. Located in a well-connected business hub, the property reflects a broader trend of celebrities leasing premium commercial assets for steady income growth.Read more

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Navi Mumbai intensifies dust-control drive, cleans 50 km of roads to improve winter AQI

The Navi Mumbai Municipal Corporation has launched a special dust-control and road-cleaning drive to address rising winter pollution. Acting on Commissioner Dr. Kailas Shinde's instructions, ward-level engineering and sanitation teams began intensive cleaning on 25 November. The operation includes mechanical brushing, debris removal, road-washing with processed water and footpath cleaning. Over 50 tonnes of dust and debris have already been cleared from 52 major roads covering more than 50 km. Key corridors such as Palm Beach Road, Thane-Belapur Road and the Turbhe APMC stretch have received priority cleaning. With jetting machines, sweepers, foggers and 250 workers deployed daily, the campaign also enforces pollution norms at construction, quarry and RMC sites, contributing to improved AQI levels.Read more

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Mumbai to open first stretches of Metro Lines 9 and 2B on December 31

Mumbai will open the first sections of two major metro lines on December 31. The debut stretches include part of Metro Line 9 between Dahisar East and Kashigaon, and a 5.3 km segment of Metro Line 2B from Diamond Garden to Mandale. Line 9, a 13.58 km elevated extension of Line 7, is awaiting safety clearance, while Line 2B is undergoing trial runs. Both sections are expected to be inaugurated by Prime Minister Narendra Modi. MMRDA plans to open the next phase of Line 2B by next summer, leaving only the central portion pending. The launches are expected to ease congestion and strengthen suburban connectivity within Mumbai's expanding metro network.Read more

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BMC to rehabilitate MHADA tenants to speed up Hancock Bridge reconstruction

BMC has decided to rehabilitate residents of MHADA cessed buildings and BMC-owned structures in E-ward to remove barriers to completing Hancock Bridge reconstruction. The bridge, demolished in 2016 and partially reopened in 2022, has faced delays due to pending rehabilitation, legal, and technical issues. With new directives to prioritize residential and commercial relocation and prepare tenders for remaining work, BMC is set to restart construction soon. This effort aims to restore full connectivity, ease congestion, and enhance commuter safety, marking progress in one of Mumbai's long-delayed infrastructure projects.Read more

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Puneet Allure

Mumbai City, India

Puneet Allure in Vikhroli East is a proposed residential project designed to offer modern, compact city-homes in a well-connected location. Its aim is to combine convenience, connectivity, and contemporary living for urban homebuyers.

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Mumbai developer booked for cheating investors of INR 31 cr in Jogeshwari project

Mumbai-based Ranbir Real Estate Developers LLP and its directors Jaykumar Gupta and Suyash Gupta are under investigation for allegedly cheating 19 investors of around INR 31?crore. Investors, including family members of a 71-year-old complainant, were promised 18?per cent annual returns on a Jogeshwari East redevelopment project between 2021 and 2023. While initial interest payments were made, the firm stopped payouts after September 2024, and the principal was not returned. The case is now with the Economic Offences Wing of Mumbai Police under criminal sections including cheating and breach of trust.Read more

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