Explore how Mumbai has evolved from a city run by notorious dons like Dawood Ibrahim to a bustling metropolis with modern infrastructure and real estate developments.
MumbaiUnderworldReal EstateDevelopmentHistoryReal Estate MaharashtraJan 15, 2025
Dawood Ibrahim was one of the most notorious underworld dons in Mumbai's history. He established the D-Company and was involved in numerous criminal activities, including the 1993 Bombay bombings. His influence in the city's underworld and real estate sector was significant.
The major events that led to the decline of dons' influence in Mumbai include intensified law enforcement efforts, the arrest of key figures, and the weakening of criminal networks. The 1993 bombings and subsequent investigations also played a crucial role.
The real estate sector in Mumbai has seen a significant transformation over the years. It has shifted from being dominated by underground figures to attracting legitimate investors and developers. This has led to the construction of numerous high-rise buildings, shopping malls, and residential complexes.
Some significant infrastructure projects that have transformed Mumbai include the Mumbai Metro, the Bandra-Worli Sea Link, and various other road and transportation projects. These developments have improved connectivity and quality of life in the city.
XYZ Properties is a leading real estate developer in Mumbai. Founded in 1985, the company has delivered several landmark projects, including the iconic XYZ Towers and the luxury residential complex, XYZ Residences. XYZ Properties is committed to sustainable development and enhancing the quality of life for its residents.
Arkade Developers, a rapidly expanding real estate development firm, is set to launch its initial public offering (IPO) on September 16, with a goal of raising Rs 410 crore.
Delta Corp's board approves demerger and listing of hospitality and real estate business, including luxury hotels in Goa and Daman.
India's luxury housing market is booming, driven by a surge in wealth and demand from billionaires and high-net-worth individuals (HNIs). Sales of luxury apartments exceeding Rs 100 crore are on the rise, marking a new era in the real estate sector.
The apartment, situated in 81 Aureate, a premium residential project by MJ Shah Group, spans a carpet area of approximately 4211 sq. ft. This iconic property in the heart of Bandra has been a symbol of luxury and sophistication.
The Mumbai real estate market witnessed a significant surge in property registrations in 2024, with over 1.41 lakh registrations reported. However, achieving affordable housing remains a significant challenge despite various government initiatives.
In a significant development, Milind Deshmukh, a prominent figure in Pune, has filed a bail application in a case involving the alleged misuse of over Rs 1.42 crore from the Gokhale Institute of Politics and Economics. The case has drawn considerable attention, highlighting the need for transparency and accountability in the management of public funds.