Nitesh Rane, a prominent figure in Mumbai's political landscape, has issued a clarification regarding his recent comments on the Coastal Road project. Initially accused of making inappropriate claims about the reclaimed land, Rane insists that his stateme
Coastal Road ProjectNitesh RaneMumbaiLand ReclamationUrban DevelopmentReal Estate MumbaiMar 27, 2025
The Coastal Road project is a major infrastructure development in Mumbai aimed at easing traffic congestion and improving connectivity. It involves reclaiming around 70 hectares of land along the city's western seafront.
Nitesh Rane's initial comments suggested a personal interest in the reclaimed land, which led to accusations of inappropriate claims. However, he later clarified that his statements were misinterpreted.
The main concerns revolve around the environmental impact of land reclamation and the potential for misuse of the reclaimed land. Critics advocate for a more sustainable and inclusive approach to the project.
The government is initiating consultations with experts, community leaders, and environmental groups to ensure that the reclaimed land is developed in a manner that aligns with the city's long-term development goals and the needs of its residents.
The Mumbai Metropolitan Region Development Authority (MMRDA) is working to finalize the plans for the reclaimed land, taking into consideration various stakeholder inputs. The project aims to serve as a model for sustainable urban development.
Biometric authentication, account takeover fraud, identity verification, facial recognition, fraud prevention
India's real estate investment trusts (Reits) are poised for a revival, with the market regulator pushing for greater transparency and investor awareness.
Mumbai, one of India’s most vital metropolises, is renowned for its significant real estate market. The Pradhan Mantri Awas Yojana (PMAY) aims to transform urban housing, making it more accessible and affordable for all.
Neelkanth Realtors, a prominent Mumbai-based real estate developer, has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). This marks a significant step towards the company's Initial Public Off
Leading investment firm Blackstone is set to expand its credit and infrastructure businesses in India, a move that signals the firm's growing interest in the Indian market. Senior executives at Blackstone have expressed confidence in the potential of thes
The real estate industry is the second-largest employer in India and is projected to grow significantly over the next few years. With the Union Budget on the horizon, the sector is eagerly awaiting favorable policies, including infrastructure status, tax