Mumbai Metro Rail Corporation (MMRCL) is advancing plans to monetize 12,491 square meters of premium land across four key Mumbai locations along Metro Line 3. The corporation is exploring joint ventures, PPPs, and direct sales to optimize land use and fund the city's expanding metro network.

News reports say the Municipal Corporation of Greater Mumbai (MCGM) has stopped construction at Piramal Realty subsidiary Glider Buildcon Realtors. The notice halts high-rise residential tower building near the Rani Baug Zoo in Byculla, South Mumbai.

Mumbai's East Coast is becoming a real estate and commercial hub thanks to massive infrastructural investments. East Coast residential and commercial activity is ready to boom as Colaba to Wadala, encompassing Sewri and Byculla, expands.