Real Estate Mumbai
Mumbai's Double-Decker Flyover: Set for 2026 Completion
Under the 'Mumbai in Minutes' initiative, the Mumbai Metropolitan Region is set to see the completion of its ambitious double-decker flyover project by 2026. This project aims to significantly reduce traffic congestion and improve connectivity between key areas.
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
MMRDA Allocates BKC Plots to Sumitomo and Brookfield for Rs 3,840 Crore
The Mumbai Metropolitan Region Development Authority (MMRDA) has allocated plots in BKC to Sumitomo and Brookfield for Rs 3,840 crore, with plans for mixed-use and office developments, including a luxury hotel.
Real Estate Mumbai
MMRDA Allocates 8,411.88 Sq Meters Commercial Plot in BKC to Schloss Bangalore
The Mumbai Metropolitan Region Development Authority (MMRDA) has approved the allotment of a commercial plot in Bandra-Kurla Complex (BKC) to a consortium led by Schloss Bangalore. The plot will be used for a mixed-use project, including a luxury hotel.
Real Estate Mumbai
MMRDA Allocates 2.1-Acre Land in Mumbai’s BKC to Schloss Bangalore for Rs 1,302 Crore
The Mumbai Metropolitan Region Development Authority (MMRDA) has allocated a prime 2.1-acre land parcel in the Bandra-Kurla Complex (BKC) to Schloss Bangalore, a company backed by Brookfield Asset Management, for Rs 1,302 crore. The land will be used for a mixed-use project, including a 250-key luxury hotel.
Real Estate Mumbai
Mumbai: MMRDA Earns Rs 3,840.49 Crore from Lease of Prime Plots in BKC
The Mumbai Metropolitan Region Development Authority (MMRDA) has successfully leased three prime commercial plots in Bandra-Kurla Complex (BKC) to international investors, generating Rs 3,840.49 crore. The event marks a significant milestone in the region's economic growth.