The OSH India Expo 2024, held in Mumbai recently showcased world-class workplace safety solutions, with leading exhibitors like KARAM Safety, Bison Life, 3M, Dupont's Nomex, and Udyogi Safety. The event highlighted cutting-edge innovations and global best practices in occupational safety. KARAM Safety's proactive approach stood out, with free on-site training for construction workers on using safety equipment effectively-a commitment upheld for over 20 years. Speaking at the event, Hemant Sapra emphasized the importance of worker education and the company's dedication to sustainability, advocating renewable energy adoption in the production sector.Read more

The Maharashtra Coastal Zone Management Authority (MCZMA) has directed the Raigad district collector to investigate alleged violations of Coastal Regulation Zone (CRZ) guidelines in Prime Minister's Awas Yojana (PMAY) projects in Navi Mumbai. The NarConnect Foundation lodged a complaint, citing construction near sensitive ecological zones like mangroves and mudflats in Mansarovar and Kharghar. Satellite images and photographs suggest non-compliance with environmental clearances that mandate a 50-metre mangrove buffer zone and a 100-metre setback from the creek.Read more

Mumbai police have arrested estate agent Narshim Puttawallu for allegedly altering property records to enable illegal construction by Rupa and Bharat Mehta on disputed land in Malad. The case began in 2016 when landowner Vaibhav Thakur reported unauthorised construction on his ancestral plot. Investigations revealed forged documents and illegal reservation changes facilitated by Puttawallu. While charges of cheating, forgery, and conspiracy were filed against Rupa Mehta in 2021, a Special Investigation Team later identified Puttawallu's role. The case highlights concerns over fraudulent property dealings in Mumbai's suburbs, emphasising the need for stricter regulations to curb illegal construction and document manipulation.Read more

Bollywood stars Deepika Padukone and Ranveer Singh have leased a 2,319.50 sq. ft. apartment in Beau Monde Towers, Prabhadevi, Mumbai, for INR 7 lakh monthly rent, increasing to INR 7.35 lakh after 18 months, with a INR 21 lakh security deposit. This complements their growing real estate portfolio, which includes a INR 17.8 crore Bandra apartment and a record-breaking INR 119 crore Bandstand quadruplex. Their premium properties, featuring tailored designs and modern amenities, reflect a strategic investment in Mumbai's redeveloped and luxury housing market. The couple's real estate choices underline their focus on exclusivity, long-term value, and prime locations.Read more

Residents of Malabar Hill, supported by activists, are opposing the Brihanmumbai Municipal Corporation's (BMC) decision to lease a 2,432-square-metre plot near Ramabai Ambedkar Marg for private development. The plot, originally allocated for a public garden, currently hosts a disused BEST substation. Activists argue that converting the land for commercial use violates its green and heritage designation. BMC has issued a tender with a base price of INR 545 crore to fund infrastructure projects. Residents, led by activist Zoru Bathena, have submitted a letter urging BMC to restore the garden, emphasising the area's environmental and heritage significance over commercial interests.Read more

HDFC Capital has partnered with Runwal Enterprises to develop residential projects for affordable and middle-income families across Mumbai. The collaboration involves an investment of over Rs 1,150 crore and is expected to generate a revenue potential of over USD 1 billion. HDFC Capital will provide a mix of equity and debt, supporting multiple projects in the Mumbai Metropolitan Region. This partnership aligns with HDFC Capital's focus on sustainable housing and innovation, while also contributing to the government's 'Housing for All' initiative.Read more

Bollywood actor Shahid Kapoor has leased his lavish apartment in Mumbai's Three Sixty West, an exclusive development by Oberoi Realty in Worli. The 5,395 sq. ft. property, co-owned with wife Mira Kapoor, was acquired earlier this year for INR 58.6 crore. The five-year lease, registered this month, includes a tiered rental structure starting at INR 20.5 lakh per month, along with a 10-month rent-free period. Kapoor joins other Bollywood stars, like Kartik Aaryan and Ranveer Singh, in monetising premium properties amid rising demand for luxury rentals in Mumbai's prime locations.Read more

Yatin Shah, co-founder of 360 ONE, has purchased a sea-view penthouse in Mumbai's upscale Worli area for over INR 158.51 crore. The luxury duplex, spanning 10,312 sq ft across two top floors, was bought from Prime Realty LLP. The deal, valued at nearly INR 1.54 lakh per sq ft, includes significant stamp duty charges. Mumbai's prime property market continues to perform well, driven by high demand across various segments. This sale adds to the city's record-setting property deals, attracting wealthy individuals from diverse industries.Read more

Anthurium Developers, a subsidiary of Mahindra Lifespace Developers, has entered into a joint development agreement with GKW to develop a 37-acre land parcel in Bhandup, Mumbai. The project, which holds a development potential of around 3.6 million sq ft, will include a mixed-use development featuring residential, commercial, and retail spaces. The deal was facilitated by ANAROCK Capital, with Khaitan & Co acting as the legal advisor, marking a significant step in enhancing Mumbai's real estate landscape.Read more

The Kabra family, promoters of the USD 1.25 billion RR Global conglomerate, recently purchased two luxury apartments in Mumbai's Oberoi Three Sixty West for a combined INR 198.17 crore. These sea-view residences on the 62nd floor include a 6,642 sq. ft. unit bought by Kritidevi and Shreegopal Kabra and a 7,167 sq. ft. apartment purchased by Rajesh and Monal Kabra. Other notable buyers in the same tower include leaders from the corporate world such as B K Goenka and Radhakishan Damani, adding to the project's prestige.Read more

Rahul Krishna Vaidya, the Indian Idol Season 1 runner-up, recently acquired a luxurious apartment valued at INR 9 crores in Mumbai's sought-after Bandra West neighbourhood. His new residence is located within DLH Signature, a high-end project by DLH Group that features expansive 3 BHK, 4 BHK, and 5 BHK units across a 1.25-acre site. Bandra West has become a preferred location for celebrities, with stars like Sunil Shetty, Ranveer Singh, and sports personalities such as KL Rahul also investing in the area. Vaidya's purchase underscores Bandra appeal, combining prestige, connectivity, and high-profile neighbours.Read more