Residents of the Rajmala Premises Cooperative Society in Mumbai are voicing concerns over the potential collapse of a shared retaining wall due to ongoing construction at the adjacent Chitrakoot Bungalow. With the monsoon season approaching, fears of a collapse are growing, putting both lives and property at risk.
MumbaiMonsoonConstructionRetaining WallSafetyReal Estate MumbaiMay 31, 2025
The main concern of the residents is the potential collapse of a shared retaining wall due to ongoing construction at the adjacent Chitrakoot Bungalow, which could be exacerbated by heavy monsoon rains.
The PWD has been requested to provide detailed plans and schedules to address and mitigate the risks posed by the compromised retaining wall before the monsoon intensifies.
The construction has caused disturbances such as noise from lifting large stones and debris, making it difficult for lower-floor residents to open their windows.
The PWD officials have stated that they are constructing a 35-foot retaining wall which they claim will remain structurally sound. However, residents continue to demand greater transparency and a clear schedule for the repair work.
The situation is particularly concerning because the compromised retaining wall is susceptible to pressure from accumulated stormwater during monsoons, which could lead to a collapse, endangering both lives and property.
Maharashtra's real estate market experiences a boost in property registrations and revenue despite unchanged RR rates, indicating a shift towards high-value transactions.
Market tech analysts Soni Patnaik, Mitessh Thakkar, and F&O analyst Rajesh Palviya recommend these stocks for short-term gains.
Samir Arora, Founder of Helios Capital, highlights the potential of some NBFCs and microfinance companies, while expressing concerns about the real estate sector being overdone. He believes that HDFC Bank, Kotak Bank, and Bajaj Finance, which have underpe
The National Book Trust (NBT) is set to shift its office to the city, a move that coincides with the highly anticipated Pune Book Festival. The festival, expected to attract 7.5 lakh visitors, is a significant cultural event that showcases a wide array of
The promoters of footwear retailer Metro Brands have made a significant investment in Mumbai's luxury real estate market by purchasing five apartments in the Worli area for ₹405 crore. These apartments are located in one of the city's tallest buildings, P
A significant number of real estate developers in Maharashtra have taken steps to improve their compliance with the Maharashtra Real Estate Regulatory Authority (MahaRERA) by updating their project details. This move reflects a growing commitment to trans