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The Maharashtra Housing and Area Development Authority (MHADA) is holding a lottery for buyers to get their hands on 2,640 affordable homes in Mumbai. The MHADA lottery 2026, an annual scheme, will offer apartments for sale in many areas of Mumbai, including Vikhroli, Goregaon, Borivali, Gorai, Chembur, Bandra, Ghatkopar, Wadala, Powai, and Dadar, among others. Hindustan Times was the first to report that MHADA is expected to announce the lottery of around 2,500 apartments by March 31. The on ...Read More >
In a major political shift, former Shivsena (UBT) corporator Tejaswi Ghosalkar joined the BJP. Her move is seen as a significant setback for the Uddhav Thackeray-led party ahead of the crucial BMC elections in Mumbai. Former Brihanmumbai Municipal Corporation (BMC) corporator and Shivsena (UBT) leader Tejaswi Ghosalkar on Monday joined the Bharatiya Janata Party (BJP) in a move that could significantly alter the political landscape in North Mumbai ahead of the upcoming BMC elections. Add Asian ...Read More >
Mumbai: Former Shiv Sena UBT corporator Tejasvee Ghosalkar on Monday joined the Bharatiya Janata Party, triggering fresh political churn in north Mumbai ahead of the Brihanmumbai Municipal Corporation elections. Her switch is being seen as a significant setback for the Shiv Sena (UBT), particularly in the Dahisar-Magathane belt, where the party's organisational strength has been steadily eroding over the past few years. Joined BJP in Presence of Senior Party Leaders Tejasvee Ghosalkar, who had ...Read More >
Mumbai: Ahead of the BMC polls in the city, deputy chief minister Eknath Shinde transferred pending rent of nearly Rs 17.7 crore to 883 families of a Slum Rehabilitation Authority (SRA) project in Magathane on Tuesday.The Devipada Cooperative Housing Society redevelopment project, which is coming up on a 30,287 sq m Mhada plot, has been stuck for a long time, and the total rent owed to the affected slumdwellers is around Rs 46 crore, said SRA officials.When the builder deposited Rs 17.7 crore to ...Read More >
Mumbai: Mumbai and its neighbouring districts began the week under heavy downpours on Monday morning, as rains that started late Sunday night continued into the day. The India Meteorological Department (IMD) has issued an orange alert for September 29, warning residents of intense spells throughout the day. While rainfall was slightly less severe than Sunday's deluge, authorities have urged people to avoid unnecessary travel and remain vigilant. Slight Waterlogging, Train Delays Reported On Mo ...Read More >
Mumbai: Some economists are batting for an outsized rate cut-of half a percentage point instead of the customary quarter-as future price pressures appear benign and credit demand remains subdued. Economists from the State Bank of India and Piramal Enterprises are advocating a 50-basis-point (bps) reduction in the policy rates, due to be announced after the latest bi-monthly review Friday morning, even though an ET survey of a dozen bankers and economists indicates a 25 bps cut. One basis point ...Read More >
Mumbai: While the Nagpur-Mumbai Samruddhi Expressway is now fully operational, a crucial extension of the Mumbai-Nashik Highway from four to eight lanes over a 23-km stretch between Magathane and Vadpe remains incomplete -- even after more than four years of work. The project, whose revised deadline was Feb 2025, continues to be behind schedule.The widening of this stretch was supposed to be completed before the Samruddhi Expressway was opened, in order to accommodate the anticipated surge in tr ...Read More >
New Delhi: Bollywood superstar Amitabh Bachchan sold his opulent duplex residence in Oshiwara, Mumbai, for an astounding Rs 83 crore, according to Square Yards' study of property registration records. Registered in January 2025, the transaction represents a substantial return on investment for the legendary actor, who bought the home for Rs 31 crore in April 2021, representing a phenomenal 168% gain in value. The duplex is situated on 1.55 acres in the centre of Oshiwara in The Atlantis, a high ...Read More >
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