In a recent development, Prime Minister Narendra Modi has laid down the foundation stone of three new metro lines in Mumbai. The metro corridors namely-Line 10, Line 11, and Line 12 will be connecting the Metropolitan regions and city centers. It will not only smoothen up the connectivity but will also reduce travelling time between […]
Continue ReadingSumitomo, a Japanese conglomerate shook Mumbai’s real estate market by submitting a bid of worth Rs. 2,238 crore to acquire a 3-acre plot in Bandra-Kurla Complex. According to the real estate experts, this will be the largest land deal on the basis of acres in India as the bid quotes approximately Rs.745 crore per acre. […]
Continue ReadingIn a recent development, the Blackstone Group has finalized the deal to acquire office space in Mumbai’s Bandra Kurla Complex. This workspace is spread across 700,000 sqft and is valued at Rs. 2,500 crores from the Radius Group. According to the sources, this is the biggest commercial real estate deals till date. This area is […]
Continue ReadingTo improve last-mile connectivity and walk-to-walk culture in Mumbai City, the Mumbai Metropolitan Region Development Authority (MMRDA) is planning to develop Pedestrian Pathways alongside the currently under-construction metro corridors of Line 2A and 7. As per the senior officials from MMRDA, these pedestrian Pathways will be 2.5 meters wide and will have the facilities of […]
Continue ReadingThe biggest deal for single building in Mumbai has taken place between the international real estate investor Blackstone and Radius Developers for a building in Bandra-Kurla Complex (BKC) and is said to be of worth Rs. 2,500 crore. A recent Bombay HC interim order has made way for the biggest deal in Mumbai for a […]
Continue ReadingIn order to provide better infrastructure to many satellite towns of Mumbai, the Maharashtra Government has given its nod to the inclusion of six new municipal corporations to the Mumbai Metropolitan Region (MMR). These areas include Vasai, Panvel, Alibaug, Pen, Palghar, and Khalapur. In order to ease the increasing population inside the Mumbai city, the […]
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