Piramal Realty has finalised a high-value deal exceeding INR 100 crore, involving the sale of a premium penthouse and two duplex apartments at its flagship Piramal Mahalaxmi project in Mumbai. The buyer, whose identity has not been revealed, acquired over 13,000 sq ft of carpet area located on the topmost floors, offering panoramic views of the Mahalaxmi Racecourse and the Arabian Sea. This transaction highlights the continued appetite for ultra-luxury homes in the Mumbai Metropolitan Region (MMR).Read more

Three companies; Navayuga Engineering, Re Sustainability, and H G Infra Engineering, have bid for the BMC's INR 2,368 crore tender for bioremediation work at the Deonar dumpsite in Mumbai. The project aims to clear 185 lakh tonnes of waste and reclaim 110 hectares of land. The cleared land is designated for housing under the Dharavi Redevelopment Project. All bidders have previous associations with the Adani Group. The final financial bid is scheduled to open on July 11, marking a step in Mumbai's waste management and urban development efforts.Read more

The Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive against an unauthorised structure in Airoli under the directives of Municipal Commissioner Dr Kailas Shinde. Despite having received a legal notice under the MRTP Act, the property owner, Vasant Sathe, failed to remove the unauthorised construction, prompting officials to partially demolish it. The operation, supervised by Assistant Commissioner Sunil Kathole, also targeted illegal stalls encroaching on the footpath at Diva Gaon Circle. The NMMC has confirmed that such anti-encroachment actions will intensify in the coming period.Read more

The Mumbai Metropolitan Region Development Authority (MMRDA) has formed a committee to address overcrowding on Metro 1 (Versova-Andheri-Ghatkopar line). This action follows a recent technical failure that caused excessive crowding. The committee, led by former chief secretary Johny Joseph, will review service disruptions and evaluate solutions. The Metro 1 operator, MMOPL, plans to deploy standby rakes, upgrade four-coach trains to six, and reconsider mixed-loop services to improve commuter experience. Metro 1, operational since July 2014, currently carries 500,000 daily passengers.Read more

Fish vendors from Chhatrapati Shivaji Maharaj Market in Fort, Mumbai who were displaced four years ago due to an unsafe building, are set to be rehabilitated next month at the redeveloped Mahatma Jyotiba Phule market (Crawford Market). The new facility, with two basements and three upper floors, will offer dedicated sections for wholesale and retail fish, parking for 84 vehicles, and modern amenities like cold storage and effluent treatment plants. This move follows BMC's 2021 evacuation order and responds to demands for rehabilitation in the same vicinity, confirming plans for the previously earmarked site amidst its recent leasing.Read more

Mumbai's Slum Rehabilitation Authority (SRA) has launched a month-long campaign to regularize ownership in stalled slum redevelopment projects. This initiative, part of a Maharashtra government amnesty scheme, aims to update Annexure-2 lists with buyers' names for eligibility. The drive addresses delays and legal disputes from unregistered ownership transfers. Ten camps have been set up for residents to submit documents. Buyers of slum buildings before January 1, 2011, are eligible. The campaign seeks to expedite projects and prevent future controversies.Read more

Slum dwellers in Malad, Mumbai, have been relocated to Permanent Transit Camp (PTC) homes to make way for completing a crucial 550-meter road link from Shankar Lane to New Link Road. This marks the first time PTC homes-originally meant for temporary housing-are being used for permanent resettlement under a 2024 Maharashtra government resolution. Of 357 affected structures, 110 have been demolished, with 64 more to follow after residents received new home keys. The full project will ease traffic between Malvani and the Western Express Highway. Phase 3 and further resettlements are expected soon, with road alignment adjustments planned near Valnai metro station.Read more

The ambitious redevelopment of Motilal Nagar 1, 2, and 3 in Goregaon (West), Mumbai, received a major push with MHADA signing an agreement with the Adani Group to act as the Construction and Development (C&D) agency for the project. Spread across 142 acres, the initiative is billed as India's largest redevelopment project under the C&D model. Residents will be rehabilitated in ultra-modern 1,600 sq. ft. apartments, while commercial tenants will receive 987 sq. ft. spaces. Designed around the "15-minute city" concept, the project is set to offer seamless urban living with world-class infrastructure.Read more

The Sindoor flyover in South Mumbai, earlier known as the Carnac bridge, is set to open to the public following its scheduled inauguration by Maharashtra Chief Minister Shri Devendra Fadnavis. Developed by the BMC, the bridge spans 328 metres and facilitates two-way traffic between East and West South Mumbai near Masjid Bunder. Constructed within a strict timeline after the dismantling of the old Carnac bridge in August 2022 due to safety concerns, the new flyover integrates complex civil engineering features, including dual 550-metric-ton steel girders and RCC piers, and has secured all required safety and structural approvals.Read more

Puravankara Limited has won the bid to redevelop eight residential societies in Chembur, Mumbai. This project covers about 4 acres with over 1.2 million sq ft of development potential and an estimated Gross Development Value (GDV) of INR 2,100 crore. The move expands Puravankara's presence in Mumbai's redevelopment sector, which now includes 3.6 million sq ft of projects across 11 sites in Mumbai and Pune. The company aims for a GDV of INR 18,000 crore from the western region, with INR 7,700 crore from redevelopment alone.Read more

The Bombay High Court has demanded that the BMC clarify its plans for buildings in Mumbai that lack a fire No-Objection Certificate (NOC). During a recent hearing, the court questioned if the BMC's inaction implies approval of unsafe conditions, citing the 34-storey Wellingdon View building in Tardeo as an example. This building has 50 of 62 flats occupied since 2008 with only a partial occupation certificate and no fire NOC. The court emphasizes that the absence of a fire NOC cannot be regularized and will not permit any illegality, setting a precedent for fire safety enforcement across Mumbai's high-rises.Read more

The Mumbai government has increased the monthly rent allowance for tenants of dilapidated cessed buildings to INR 30,000 during reconstruction, up from INR 20,000. This measure aims to better support tenants requiring alternate housing while their properties are redeveloped. Additionally, the government pledged to revoke NoCs for developers who have not commenced redevelopment projects under DCR 33(7) within three years. These steps highlight efforts to both financially assist residents and accelerate stalled urban renewal initiatives in Mumbai.Read more

The Union Environment Ministry has granted final clearance for forest land transfer to build twin tunnels under Mumbai's Sanjay Gandhi National Park, part of the Goregaon-Mulund Link Road (GMLR) project. The 4.7 km tunnels, costing 6,500 crore, will connect Goregaon's Film City to Mulund's Khindipada by 2028. Built 20-160 meters underground, they'll include safety systems, utility ducts, and control rooms. Despite diverting 19.43 hectares of forest, no trees will be affected, and afforestation will be done in Chandrapur district. Extensive environmental studies guided the project. Once completed, the tunnels will cut cross-city travel time from 75 to 25 minutes and lower carbon emissions by over 22,000 tonnes annually.Read more

Arkade Developers Ltd has acquired Filmistan Pvt Ltd, the corporate entity owning the landmark 4-acre land parcel known as Filmistan Studios, situated on SV Road in Goregaon West, Mumbai. The acquisition, completed for a total investment of INR 183 crore, will allow the company to develop a premium residential project with an estimated Gross Development Value (GDV) of INR 3,000 crore. The company announced that it has entered into a binding agreement to purchase 100 percent of Filmistan Pvt Ltd through a Share Purchase Agreement.Read more