real estate news
UAE Officials Debunk Rumour: No Rs 23 Lakh Golden Visa Available
The United Arab Emirates (UAE) has officially denied rumours about a lifetime Golden Visa available for Rs 23 lakh. The Federal Authority for Identity, Citizenship, Customs, and Ports Security (ICP) has clarified that all applications must be processed through official government channels, and no external consultancy is involved.
Real Estate Mumbai
Mumbai BMC Invites EOIs for Rs 100 Crore Textile Museum at Kalachowki
The Brihanmumbai Municipal Corporation (BMC) has issued a call for expressions of interest (EOIs) to develop and maintain a Textile Museum at Kalachowki in Byculla East, aiming to celebrate Mumbai's industrial heritage through a public-private partnership.
Real Estate Mumbai
Mumbai's Magenta Metro Line: Connecting Kanjurmarg to Badlapur in Under an Hour
The upcoming 45-km Magenta Metro Line will connect Kanjurmarg in Mumbai to Badlapur in Thane, reducing travel time from 2 hours to under 60 minutes. Expected to serve over 7 lakh passengers daily, this line will significantly ease the load on overcrowded suburban trains.
Real Estate Maharashtra
Maharashtra Cabinet Approves Stamp Duty Concessions for Dharavi Redevelopment
The Maharashtra Cabinet has approved stamp duty concessions for the Dharavi Redevelopment Project (DRP), easing financial and procedural bottlenecks in one of Asia’s largest slum transformation efforts.
Real Estate Mumbai
Mumbai HC Directs MMRDA to Deposit Rs 1,169 Crore Over Metro One Dispute
The Mumbai High Court has ordered the Mumbai Metropolitan Region Development Authority (MMRDA) to deposit Rs 1,169 crore by 15 July 2025, following a 2023 arbitral award in favor of Mumbai Metro One Pvt Ltd (MMOPL). This decision underscores the financial and legal complexities in large-scale infrastructure projects and highlights the need for robust governance and cost-sharing mechanisms.
Real Estate Mumbai
Mumbai Metro: 11 Years, 111 Crore Journeys, and a Sustainable Future
Mumbai Metro Line 1 has completed 11 years of operations, ferrying over 111 crore passengers and revolutionizing urban mobility. This article explores the metro's impact on sustainability, socio-economic development, and future urban planning.