The Mumbai Metropolitan Region Development Authority (MMRDA) is forging a strategic partnership with South Korea to accelerate the innovative development of Mumbai 3.0, focusing on smart city solutions and sustainable urban planning.
Smart CityUrban InnovationSustainable DevelopmentMmrdaSouth KoreaReal Estate MumbaiApr 23, 2025
The MMRDA's vision for Mumbai 3.0 is to transform Mumbai into a smart, sustainable, and inclusive city by leveraging cutting-edge urban innovations and sustainable solutions.
South Korea is a suitable partner for the MMRDA because of its advanced expertise in smart city technology, renewable energy, and efficient urban planning.
The key areas of focus include the integration of smart city technologies, the adoption of renewable energy solutions, and the development of efficient urban planning strategies.
The partnership will contribute to Mumbai's sustainability by reducing the city's carbon footprint, promoting environmental initiatives, and enhancing the efficiency of urban services.
The Mumbai 3.0 vision emphasizes the importance of community and inclusivity, aiming to improve the lives of all residents and ensure that the benefits of urban innovation are shared equitably.
The Maharashtra Real Estate Regulatory Authority has ordered Jayesh Buildcon to pay interest to homebuyers for the delay in handing over possession of flats.
Birla Estates has acquired a 5-acre prime land parcel in Sector 71, Gurugram, to develop luxury high-rise residential towers with elegantly designed clubhouse amenities and landscape.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced five new directives to ensure the safety and protection of real estate buyers in the state.
Birla Estates, a leading subsidiary of Aditya Birla Real Estate Limited, has made a significant move by acquiring a 70.92-acre land parcel in Boisar, Maharashtra, for Rs 104.3 crore. This strategic acquisition is set to bolster the company's growth in the
Mumbai attracted 50% of PE inflows, with $2 billion largely in warehousing. The UAE emerged as the top foreign investor, contributing $1.7 billion.
The Bombay High Court has imposed a fine of Rs 1 lakh on the Enforcement Directorate (ED) for harassing a Mumbai-based real estate developer, Rakesh Jain, without any substantial grounds. The court criticized the ED for acting beyond the scope of the law