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Congress Demands Cancellation of RBI's South Mumbai Plot Deal, Threatens Legal Action

Real Estate Mumbai

Congress Demands Cancellation of RBI's South Mumbai Plot Deal, Threatens Legal Action

The Maharashtra Government faces pressure from the Congress to revoke the sale of a 4.1-acre plot at Nariman Point to the RBI, claiming a loss of Rs 1,800 crore to the exchequer and broken promises.

September 13, 2025
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Congress Demands Cancellation of RBI South Mumbai Plot Deal, Threatens Legal Action

Real Estate Maharashtra

Congress Demands Cancellation of RBI South Mumbai Plot Deal, Threatens Legal Action

The Congress party has demanded the cancellation of the sale of a South Mumbai plot to the Reserve Bank of India (RBI), alleging a loss of Rs 1,800 crore to the state exchequer and reneging on past promises.

September 13, 2025
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Congress Demands Cancellation of RBI Land Deal in South Mumbai, Threatens Legal Action

Real Estate Maharashtra

Congress Demands Cancellation of RBI Land Deal in South Mumbai, Threatens Legal Action

The Congress party has demanded that the Maharashtra government revoke the sale of a prime south Mumbai plot to the Reserve Bank of India (RBI), alleging the deal is arbitrary and fraudulent. The party threatens legal action if the deal is not canceled.

September 13, 2025
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Congress Demands Cancellation of Mumbai Plot Sale to RBI, Threatens Legal Action

Real Estate Mumbai

Congress Demands Cancellation of Mumbai Plot Sale to RBI, Threatens Legal Action

The Congress party has demanded that the Maharashtra government cancel the sale of a south Mumbai plot to the Reserve Bank of India (RBI), alleging the deal is arbitrary and fraudulent. If the government does not revoke the sale, the party threatens to take legal action.

September 13, 2025
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Mumbai Metro Secures Rs 3,471 Crore from RBI for Metro-3 Project

Real Estate Mumbai

Mumbai Metro Secures Rs 3,471 Crore from RBI for Metro-3 Project

Mumbai Metro Rail Corporation finalised a land deal with the Reserve Bank of India, raising over Rs 3,471 crore to finance the Metro-3 project. The sale has exceeded projections by more than threefold, enabling faster mobilisation of resources for the Colaba–Bandra–SEEPZ corridor.

September 12, 2025
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RBI Acquires Prime Nariman Point Land in Mumbai for ₹3471 Crore

Real Estate Mumbai

RBI Acquires Prime Nariman Point Land in Mumbai for ₹3471 Crore

The Reserve Bank of India (RBI) has purchased a prime 16,842 sq.m land at Nariman Point from the Mumbai Metro Rail Corporation Ltd. (MMRC) for ₹3471 crore, marking one of the biggest real estate transactions in recent history.

September 11, 2025
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Mumbai Metro Sells Land to RBI for Metro-3 Funding: A Major Milestone

Real Estate Mumbai

Mumbai Metro Sells Land to RBI for Metro-3 Funding: A Major Milestone

The Mumbai Metro Rail Corporation (MMRC) has successfully sold land in south Mumbai to the Reserve Bank of India (RBI) for Rs 3,471.82 crore, significantly boosting the funding for the Colaba-Bandra-SEEPZ Metro-3 corridor.

September 11, 2025
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Mumbai Metro-3, the Aqua Line, Now Open for Public Service: What You Need to Know

Real Estate Mumbai

Mumbai Metro-3, the Aqua Line, Now Open for Public Service: What You Need to Know

The Mumbai Metro Line 3 will run from 6:30 am to 10:30 pm on weekdays and from 8:30 am to 10:30 pm on weekends. Get all the details here on fares, stations, and more.

October 7, 2024
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Mumbaikars Get Ready for the Launch of Metro-3: Timings, Fares, and Services

Real Estate

Mumbaikars Get Ready for the Launch of Metro-3: Timings, Fares, and Services

Mumbaikars are gearing up for the launch of the highly anticipated Metro-3 or Aqua Line, which is set to transform the city's transportation landscape. The Mumbai Metro Rail Corporation Ltd (MMRCL) will commence operations from Monday, with a phased start

October 6, 2024
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