Real Estate Mumbai
Mumbai's Prime Railway Land in Mahalaxmi, Bandra East, and Supari Baug to Be Developed for Rs 8092 Crore
The Rail Land Development Authority (RLDA) has invited bids for the commercial development of three prime railway plots in Mahalaxmi, Bandra East, and Supari Baug, collectively valued at over Rs 8092 crore. These parcels are set to be leased for 99 years on a revenue-sharing basis, opening doors to large-scale urban transformation.
Real Estate Mumbai
Prime Railway Land in Mumbai Up for Long-Term Lease: Bids Invited for 3 Sites
The Rail Land Development Authority (RLDA) has invited e-bids for the long-term lease of prime railway land in Mumbai. These sites, located in Mahalaxmi, Parel, and Bandra (East), are highly attractive for residential and commercial development due to their strategic locations near key business hubs and transport networks.
Real Estate
Indian Railways Taps Prime Mumbai Land for Development with Revenue Share Model
The Rail Land Development Authority (RLDA) plans to open up three prime plots in Mahalaxmi, Bandra East, and Parel for commercial and residential development on a 99-year lease, aiming to raise over Rs 8,000 crore.
Real Estate Mumbai
Mumbai Railway Plots in Mahalaxmi and Bandra to Boost Real Estate with Rs 6,000 Crore Revenue
Mumbai is set for a significant real estate boom as Indian Railways prepares to lease prime land parcels in Mahalaxmi and Bandra, expected to generate over ₹6,000 crore in revenue while transforming these high-value zones.
Real Estate Mumbai
Indian Railways to Generate ₹6k-Cr Revenue by Leasing Prime Plots in Mumbai
The Indian Railways has decided to lease out two prime plots in Mahalaxmi and Bandra, aiming to generate ₹6k crore in revenue over 99 years. The Rail Land Development Authority (RLDA) has already called for bids for the Mahalaxmi plot, with the Bandra plot's tender expected soon.
Real Estate Pune
Pune-Lonavala Rail Project Approved: State and Centre to Fund Expansion
Pune's daily rail commuters are set for a major relief as the expansion of the Pune–Lonavala railway line has received state government clearance. The project, involving the construction of third and fourth tracks, will be jointly funded by the state and the Centre. This expansion aims to reduce congestion, speed up services, and boost economic and real estate growth in the region.
Real Estate Pune
Nagpur-Pune Vande Bharat Express: High Bookings Despite Steep Fares
The newly launched Nagpur-Pune Vande Bharat Express has attracted significant bookings despite its high ticket prices. The premium executive chair car class has seen the highest demand, raising questions about the fare structure and its impact on long-term sustainability.
Real Estate Mumbai
Mumbai Launches Innovative Rail Parcel Parking Facility at Bandra Terminus
Mumbai has introduced a groundbreaking dual-use facility at Bandra Terminus, combining vehicle parking with parcel stacking. This strategic move by Indian Railways not only enhances revenue but also addresses urban transport and space management challenges.
Real Estate Pune
Pune-Nagpur-Pune Vande Bharat Express Approved: Service to Begin Soon
The Pune-Nagpur-Pune Vande Bharat Express has received official approval from the Ministry of Railways, and the Central Railway Board is finalizing the train’s operations. The service is expected to begin within the next month.
Real Estate Maharashtra
First Section of Bullet Train Tunnel Opens in Maharashtra
The Indian Railways has successfully opened the first section of the bullet train tunnel in Maharashtra, marking a significant milestone in the Mumbai–Ahmedabad bullet train project.
Real Estate Mumbai
Residents of Ghatkopar Railway Police Colony Urge Timely Redevelopment
Residents of the Ghatkopar Pant Nagar Railway Police Colony in Mumbai are urging the government for immediate redevelopment of their dilapidated homes. The recent heavy rains have exacerbated the already poor conditions, making life unbearable for the 450 families still living there.
Real Estate Mumbai
Man Vandalizes Mumbai Railway Office After Ticketless Travel
A man was caught travelling without a valid ticket and subsequently attacked railway staff at Mumbai's Borivali Station, causing significant damage to office property. The incident went viral on social media, highlighting the need for stricter enforcement of ticketing rules.
Real Estate Mumbai
Delhi–Mumbai Route Embraces Kavach 4.0: Indian Railways' Leap in Safety and Efficiency
Indian Railways has successfully deployed the advanced Kavach 4.0 system on the Mathura-Kota section of the Delhi-Mumbai corridor, marking a significant step in enhancing railway safety and operational efficiency.
Real Estate Mumbai
Violent Incident During Mumbai Local Ticket-Checking Drive Injures Railway Staff and Passenger
A routine ticket-checking operation on a Mumbai local train between Dadar and Borivali stations turned violent, resulting in injuries to two railway officials and a passenger. The incident highlights the need for better passenger conduct and staff safety during routine inspections.
Real Estate Mumbai
Bandra Station Unveils Innovative Rail Coach Restaurant
Western Railway's Mumbai Central Division has inaugurated a unique Rail Coach Restaurant at Bandra station, offering a 24x7 dining experience with a diverse menu of vegetarian and non-vegetarian dishes.
Real Estate Mumbai
Bandra Station Launches 24x7 Rail Coach Restaurant: A Sustainable Dining Revolution
Mumbai's Bandra Railway Station has unveiled a 24x7 Rail Coach Restaurant, transforming a decommissioned coach into a vibrant dining space. This initiative enhances passenger amenities and promotes sustainable urban development.
Real Estate Mumbai
Western Railway Mumbai Achieves Rs 1 Billion in Digital Payments
Western Railway Mumbai has successfully logged Rs 1 billion in digital payments, showcasing a significant shift towards modern payment methods. This achievement highlights the ongoing efforts of Indian Railways to enhance passenger convenience and streamline operations.
Real Estate Pune
Pune to Welcome Four New Vande Bharat Trains, Enhancing Regional Connectivity
Pune is set to receive four new Vande Bharat Express trains, connecting the city to Shegaon, Vadodara, Secunderabad, and Belagavi. These modern trains will reduce travel times and provide a more comfortable journey, boosting regional connectivity and development.
Real Estate Pune
Central Railway Finalises Revised Plan for Pune-Nashik Rail Line
The Central Railway has finalised the revised Detailed Project Report (DPR) for the Pune-Nashik rail line, aiming to enhance connectivity and infrastructure in Maharashtra. This significant development marks a crucial step towards the modernization of the rail network in the region.
Real Estate Pune
Titagarh Expands Rail Production for Pune Metro and Vande Bharat
Titagarh Rail Systems is ramping up its production to meet the growing demand for advanced rail solutions, including the Pune Metro and Vande Bharat Express.