Mumbai's ambitious coastal road project reached a milestone this week when the 44-meter length linking the northbound coastal road to the Worli sea connection was erected. This improves city connections, although project completion is projected to take place next year.

Alta Capital, an investment and asset management group, has bought 2.5 million sq ft of fully-leased logistics assets from IndoSpace for ₹840 crore (nearly $100 million). Indian logistics and storage insiders call this deal one of the year's biggest.

Oberoi Realty’s latest launch JARDIN at Oberoi Garden City Thane, has taken the real estate market by storm, recording Rs 1,348 crore in bookings within 3 days. This 75-acre, integrated luxury development on Pokhran Road No. 2 is set to redefine upscale living in Thane with world-class amenities.

The Maharashtra government has announced plans to build a "Third Mumbai," which will be led by the Mumbai Metropolitan Region Development Authority (MMRDA). This city will be built by the New Town Development Authority (NTDA) in the Raigad area, past the Mumbai Trans Harbour Link (MTHL) ...

India's biggest and most costly real estate market, Mumbai, started the 2024 festival season with strong Navratri property registrations. Between October 3 and 11, the city registered 5,199 properties, a 13.2% increase over Navratri 2023.

IAS officials, including Dharavi Redevelopment Project (DRP) CEO SVR Srinivas, Cidco president Vijay Singhal, and BMC associate municipal commissioner Abhijit Bangar, discussed city initiatives during the Maharashtra Infrastructure Conclave.

Mega projects in Mumbai are improving commuting, decreasing pollution, and boosting economic development. Bridges, metros, and roads are changing how the city moves, linking critical neighbourhoods and enhancing quality of life.

As demand for automobile sunroofs rises, global manufacturers are turning to India. Sunroof manufacturers like Inalfa Roof Systems (Netherlands) and Gabriel India intend to treble output in the next year.

The highly anticipated Mumbai Metro Aqua Line 3, also known as the Colaba-Bandra-SEEPZ Metro, is set to revolutionize intra-city connectivity. The Maharashtra Government has cleared all financial hurdles, ensuring the project moves forward with renewed momentum.

Lodha Group, via Macrotech Developers, bought Ivanhoé Cambridge's share in three joint ventures for ₹239.56 crore. Lodha wants more control over its digital infrastructure investments to improve its annuity revenue.

Mumbai will build a modern inter-state parking hub on the Dahisar toll naka site. The Municipal Corporation of Greater Mumbai (MCGM) hopes to reduce traffic in Mumbai by providing parking for drivers from outside the city.

Five ring roads are being built as part of a megacity inter-linking project to improve traffic flow and connectivity. The proposed Orange Gate tunnel will link the Freeway and Coastal Road at Marine Drive on the southernmost ring road. Mumbai will connect to Thane, Palghar, and Alibaug.

Recent TDR regulation amendments in Mumbai could jeopardise the city's growing real estate industry. With developers being forced to get a percentage of their TDR from the Dharavi redevelopment project at higher rates, home prices may rise.

REA Group, an Australian digital real estate advertising company, will launch its first India Global Capability Centre (GCC) in Gurugram in October. Steve Maidment, the company's chief technology officer, intends to raise India's employment to 10% of its worldwide team within two years.

WeWork India is reportedly in discussions to lease over 400,000 sq ft of office space across three significant properties in Delhi and Gurugram. This move is seen as part of their aggressive expansion strategy in the Delhi-NCR region, according to sources familiar with the situation.