Real Estate Mumbai
MMRC Withdraws Nariman Point Property Auction After RBI's Request for Office Space
The Request for Proposal (RFP) for the property, issued on October 3, 2024, via the CPPP portal, had drawn widespread attention. MMRC had extensively marketed the property for auction, but the unexpected request from the Reserve Bank of India (RBI) has le
Real Estate Mumbai
Mumbai Metro Rail Corporation Pauses Land Development Plans at Nariman Point
Mumbai Metro Rail Corporation (MMRCL) has decided to put on hold its plans to lease a significant 4.2-acre land parcel in Nariman Point for property development, following a request from the Reserve Bank of India (RBI).
Real Estate Mumbai
MMRCL Temporarily Pauses Plan to Lease SoBo Land in Nariman Point
Mumbai: The Mumbai Metro Rail Corporation (MMRCL) has put on hold its plan to lease a 4.2-acre land parcel in Nariman Point for property development, citing various logistical and operational concerns.
Real Estate Maharashtra
Nariman Point: A New Lease of Life for Mumbai's Historic CBD
Nariman Point, once the heart of Mumbai’s business landscape, is experiencing a renaissance. With new companies, law firms, and international consulates setting up offices, lease rentals are on the rise, signaling a promising future for this iconic area.
Real Estate Mumbai
Nariman Point’s Revival: Office Rents Expected to Double by 2030
A recent report by real estate consultancy Knight Frank predicts a significant rise in office rents in Nariman Point, South Mumbai, with expectations of nearly doubling by 2030. This surge is attributed to ongoing infrastructure developments and increased
real estate news
Coastal Road Expansion: A Revival for South Mumbai Real Estate?
Urban planners and real estate experts believe that the new link between the Mumbai Coastal Road and the Bandra-Worli Sea Link will significantly boost the growth of Nariman Point and other areas in South Mumbai.