Reports have emerged about a potential plan to transfer 11 acres of prime land in Airoli, initially reserved for foreign embassies, to a prominent businessman under the pretext of developing a township.

In the high-stakes bidding competition for a prime 24-acre land parcel at Bandra Reclamation in Mumbai, Adani Realty and L&T Realty have positioned themselves as frontrunners.

After over two decades of uncertainty, Lokhandwala-Yari Road vehicular bridge work in Andheri has commenced. This will enhance real estate in Lokhandwala, Yari Road, and other Andheri west neighbourhoods. Developers' newly launched Lokhandwala and Yari Road projects will also be affected.

The much-anticipated Thane Coastal road, which is intended to alleviate congestion on the Ghodbunder road, is likely to gain momentum as the MMRDA is expected to begin its tendering process shortly, according to officials.

Pragati Group, an industrial and logistics real estate developer located in the National Capital Region (NCR), has secured $200 million from a Singapore-based private equity firm for the development of industrial and logistics real estate assets.

BMC Releases Tender For Goregaon-Mulund Link Road Tunnels