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Massive Infrastructure Boost for Mumbai Region as MMRDA Approves INR 12,546 Crore Projects to Improve Roads and Bridges

Nine significant infrastructure projects have been approved for the Mumbai Metropolitan Region (MMR), enabling transformational development. The MMRDA is leading efforts worth approximately ₹12,546 crore to improve 56 km of roads, bridges, and pedestrian walkways, promoting regional connectivity.

By Admin

  • 10th Sep 2024
  • 1139 Views
Malad Flyover Faces December Deadline Amid Concerns Over Traffic Relief and Design Limitations

In April 2022, the Mith Chowky flyover near Malad started construction, causing traffic congestion. Authorities expect to finish the flyover by December after it took more than 18 months to build.

By Admin

  • 31st Aug 2024
  • 1144 Views
Mumbai Metro 1 Achieves Historic 5 Lakh Daily Ridership Milestone

Mumbai Metro 1, which serves Versova-Andheri-Ghatkopar, reached 5 lakh daily ridership. The corridor has never had such a high number on a weekday in its 10 years. Ridership increased due to Metro expansion and good weather.

By Admin

  • 17th Aug 2024
  • 1144 Views
Signature Global Titanium SPR in Sector 71, Gurugram Achieves Rs 2700 Crore in Sales

Signature Global's Titanium SPR residential property in Sector 71, Gurugram, sold well. Boston Consulting Group's digital sales process has generated approximately INR 2700 crore, with further sales likely when the allocation is finalised. This raises the bar for regional luxury homes.

By Admin

  • 4th Jul 2024
  • 1303 Views
Dharavi Redevelopment Project Seeks Over 330 Tenements

The Dharavi Redevelopment Project Pvt Ltd (DRPPL), led by Adani Realty, seeks 334 tenements from government agencies like SPPL and Mhada to relocate residents and continue redevelopment. Negotiations are ongoing, with Mhada demanding Rs 641 crore in construction costs and interest.

By Admin

  • 27th Jun 2024
  • 1197 Views
Abhishek Bachchan Acquires 6 Luxury Apartments in Oberoi Sky City, Borivali East

Actor Abhishek Bachchan bought six luxury apartments at Oberoi Sky City, Borivali, for Rs 15.42 crore. Amidst lush greenery, this outstanding property provides great connections and top-notch facilities.

By Admin

  • 19th Jun 2024
  • 1208 Views
Mumbai Metro Line 1 Celebrates a Decade of Success with 11 Lakh Trips

Mumbai’s first Metro line, the 12-kilometre Versova-Andheri-Ghatkopar corridor, celebrates 10 years of commercial service since its launch on June 8, 2014.

By Admin

  • 9th Jun 2024
  • 1207 Views
MMR Sees Significant 14% Drop in Unsold Apartment Inventory Over Six Years - ANAROCK Report

Over the previous six years, unsold flat stock in the Mumbai Metropolitan Region (MMR) has dropped 14%. On Thursday, ANAROCK Research said that unsold apartments fell from 2.23 lakh in the first quarter of 2018 to 1.93 lakh by March 2024.

By Admin

  • 25th May 2024
  • 1247 Views
DRA-DMRC Joint Venture Secures Prestigious Bullet Train Thane Depot Contract

Infracon, in partnership with Delhi Metro Rail Corporation, is the leading bidder for the Thane Depot, a significant component of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) project. As the lowest bidder, the joint venture will do several responsibilities.

By Admin

  • 31st Dec 2023
  • 1302 Views
The Marve Coast in Malad West Will Have a 3427 Acre Enclave Similar to BKC Soon!!

This is great news for Malad West real estate, inhabitants, and Mumbai suburbs. The Mumbai Metropolitan Region Development Authority (MMRDA) is the special planning authority for 1,387 hectares (3,427 acres) along Malad's western shore, reports said.

By Admin

  • 26th Dec 2023
  • 1450 Views
Bangalore Based Prestige Group Expands Its Horizon in Pune and Mumbai Real Estate Markets

The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.

By Admin

  • 20th Dec 2023
  • 1372 Views
Prime Office Space Rentals in India Witness 7 Per Cent Increase in First Half of FY24

According to an Anarock research, premium office space rental prices in seven major cities rose 7% year-over-year to Rs 83 per square foot per month in the first six months of the current fiscal. This is due to growing building prices.

By Admin

  • 8th Dec 2023
  • 1256 Views
Credai-MCHI Golden Pillar Awards Second Edition on 15 December 2023 at Jio World Convention Centre, Mumbai

The second CREDAI-MCHI Golden Pillar Awards will honour and commemorate real estate's greatest accomplishments. These awards, which honour innovation, creativity, and quality, are important in real estate.

By Admin

  • 26th Nov 2023
  • 1337 Views
Mumbai Real Estate Boon! Metro-3 Phase I Underground Line Gears Up for Trial Run in November 2023

Mumbai, the city that never sleeps, will soon add another significant transit upgrade with Metro-3 Line Phase-1, which will link Aarey to Bandra Kurla Complex.

By Admin

  • 27th Oct 2023
  • 1276 Views
Macrotech Developers Will Introduce 22 New Real Estate Projects by March 2024

To leverage on increased housing demand, Macrotech Developers Ltd. will build 22 new projects in Mumbai Metropolitan Region (MMR), Pune, and Bengaluru by March 2020, with an expected sales income of Rs 12,560 crore.

By Admin

  • 30th Jul 2023
  • 1294 Views
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