With a focus on speedy implementation of various infrastructure projects in the megapolis, Maharashtra chief minister Devendra Fadnavis, on March 22, 2018, approved the Rs 12,156.95-crore budget presented by the Mumbai Metropolitan Region Development … READ FULL STORY
The Bombay High Court, on March 15, 2018, said that the authorities are bound to follow due process of law, even in the case of projects such as the metro rail, if they affect … READ FULL STORY
Maharashtra’s finance minister Sudhir Mungantiwar, on March 9, 2018, presented the budget for 2018-19, which has an estimated revenue deficit of Rs 15,374 crores and focuses on improving infrastructure. While he made a provision … READ FULL STORY
In a move that could pose a grave danger to Mumbai’s climate and ecology, up to 3,500 trees may be cut in the city’s Aarey forests, to pave the way for upcoming projects – … READ FULL STORY
The Mumbai Metropolitan Region Development Authority (MMRDA) is planning to invest Rs 62,943 crores on infrastructure, to develop a metro rail network of 157 kms in Mumbai. The MMRDA is already implementing two metro … READ FULL STORY
Reliance Industries Ltd (RIL) owes ‘additional surcharge’ of more than Rs 1,900 crores to state-run agency MMRDA, for delay in development of plots in Mumbai, the Maharashtra assembly was informed, on December 12, 2017. … READ FULL STORY
The Mumbai Metropolitan Region Development Authority (MMRDA) has appointed three contractors to construct the ambitious Mumbai Trans-Harbour Link (MTHL). A consortium of L&T-IHI has been appointed to construct package-1 (Sewri side of the sea … READ FULL STORY
The Maharashtra cabinet, chaired by chief minister Devendra Fadnavis, on October 24, 2017, approved the proposal to establish Nagpur-Mumbai Super Communication Expressway Limited, a special purpose vehicle (SPV), which will work as a secondary … READ FULL STORY
The union cabinet, on August 23, 2017, approved the transfer of 40 acres of land owned by the Airports Authority of India (AAI) to the Mumbai Metropolitan Region Development Authority (MMRDA). The transaction will … READ FULL STORY
When Hitesh Maniyar, a resident of Andheri, Mumbai, was on the lookout for a weekend home, his biggest concern was its location, as he planned to shift to Navi Mumbai in a few years. … READ FULL STORY
The Maharashtra government, on July 25, 2017, informed that Reliance Industries Ltd (RIL) has defaulted on the payment of fine and additional surcharge of Rs 1,369.90 crores, over the delay in construction of a … READ FULL STORY
Over the last few years, the Karjat-Neral belt has transformed from a second home location, to a first-home destination. The region has become an established housing destination and prices are likely to move upwards. … READ FULL STORY
In a major embarrassment to city’s town planning authority, the Mumbai Metropolitan Region Development Authority (MMRDA), the Maharashtra government has not agreed to become a guarantor for its plans to raise funds from international … READ FULL STORY
