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Private equity investments in India's real estate sector reached $4.3 billion in FY26. This marks a 16% rise from FY25 and the highest deal activity in seven years. Commercial office assets attracted the most investment. Domestic capital inflows also saw a significant increase. The National Capital Region led deal activity among cities. NEW DELHI: Private equity investments in India's real estate sector rose to $4.3 billion in FY26, marking a 16% increase over FY25 and the highest deal activity ...Read More >
Mumbai, Commercial operations on the first phases of Mumbai Metro corridors 9 and 2B began on Wednesday morning, a day after Maharashtra Chief Minister Devendra Fadnavis inaugurated the mass-transit routes, officials said. While the Metro 9 marks the first direct connectivity between a suburb in Mumbai and a part of Thane city in the metropolitan region, the Line 2B will provide the first metro connectivity on the Harbour Line in Mumbai. The 5.6-km elevated Phase 1 stretch of Metro Line 9 comp ...Read More >
Lakhs of daily commuters travelling from Virar will soon get significant relief from overcrowding as Western Railway's suburban network prepares to introduce longer 15-coach local trains, made possible by the completion of key infrastructure upgrades at Virar railway station. The Mumbai Railway Vikas Corporation (MRVC) has widened and extended Platforms 3A and 4A to accommodate 15-coach local trains, increasing capacity from the earlier 12-coach configuration. The platforms have been expanded f ...Read More >
MUMBAI: Autorickshaw and taxi drivers staged a protest outside the Andheri regional transport office (RTO) on Wednesday, alleging that the transport authorities are forcing them to sign up for welfare benefits. Unions say drivers are unable to complete routine formalities at Mumbai's four RTOs unless they first cough up ₹800 to sign up with the new welfare board announced recently. Those who refuse to pay up are unable to renew their vehicle fitness certification and vehicle permits. Calling it ...Read More >
Mumbai: Vietnam-based Vingroup has announced a massive investment of $6.5 billion in Maharashtra, aimed at driving sustainable urban development, industrial growth, tourism, renewable energy, and electric mobility. The announcement was made in the presence of Chief Minister Devendra Fadnavis, as the company signed a Memorandum of Understanding (MoU) with the state's Industries Department and the Mumbai Metropolitan Region Development Authority. Fadnavis Calls Investment a Step Toward Modern Urb ...Read More >
Mumbai, Apr 8 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Wednesday said Vietnam-based Vingroup has committed to investing USD 6.5 billion in Maharashtra over the next two years in various sectors, including electric mobility solutions, renewable energy, tourism and entertainment. An official release earlier mentioned the investment figure as USD 8.5 billion. A memorandum of understanding (MoU) was signed between Vingroup, the state industries department and the Mumbai Metropolitan R ...Read More >
Mumbai: In a move aimed at easing travel demand and improving passenger convenience, Western Railway has announced the extension and enhancement of several special train services connecting Mumbai with key destinations across the country. According to the information shared by Western Railways on X (formerly Twitter), the Mumbai Central-Katihar Weekly Special, which operates on Saturdays, has been extended significantly. The service will now operate from May 16 to July 25. In the return directi ...Read More >
Mumbai: Arvind SmartSpaces has kicked off the new financial year with a major expansion move, securing its largest residential project in Mumbai while restructuring stakes to support growth. Arvind SmartSpaces Limited has signed a high-rise residential project in Goregaon West, Mumbai, with an estimated top-line potential of approximately Rs 2,400 crore. The project will offer around 0.67 million square feet of saleable carpet area and will be developed in partnership with Sigma Oxford Realtors ...Read More >
Arvind SmartSpaces is set to develop a Rs 2,400 crore residential housing project in Mumbai's Goregaon area, marking a significant expansion for the real estate firm in the Mumbai Metropolitan Region. Key PointsArvind SmartSpaces partners with Sigma Oxford Realtors for a new housing project in Goregaon, Mumbai.The Mumbai project is estimated to generate Rs 2,400 crore in revenue.The residential high-rise project will have a saleable carpet area of 0.67 million sq ft.Arvind SmartSpaces expands i ...Read More >
Mumbai: The Mumbai Metropolitan Region (MMR) now has the second-largest metro network in India after the Delhi Metro, as Maharashtra chief minister Devendra Fadnavis inaugurated partial stretches of two metro lines, 2B and 9, on Tuesday. The operationalisation of the first phase of lines 2B (Mandale - Diamond Garden) and 9 (Dahisar East - Kashigaon) added 5.53 km and 4.7 km, respectively, to MMR's metro network, bringing the tally past 100 km. "Today, we crossed 101 km of the operational metro ...Read More >
New Delhi, Apr 7 (PTI) Realty firm Arvind SmartSpaces Ltd has partnered with Sigma Oxford Realtors to develop a housing project in Mumbai with an expected revenue of Rs 2,400 crore. In a regulatory filing on Tuesday, the company said it has signed a "residential high-rise project in Goregaon (West), Mumbai. The project has a top-line potential of Rs 2,400 crore with a total saleable carpet area of 0.67 million sq ft." The project is being done in partnership with Sigma Oxford Realtors. The com ...Read More >
Mumbai, Apr 7 (PTI) The inauguration of the opening phase of Metro Line 9 linking Dahisar East to Kashigaon on Tuesday marked the first direct connectivity between a suburb in Mumbai and a part of Thane city in the metropolitan region. Maharashtra Chief Minister Devendra Fadnavis also inaugurated the first phase of Metro Line 2B from Mandale to Chembur, which provides first metro connectivity on the Harbour Line in Mumbai. will improve connectivity in the eastern suburbs. With regular services ...Read More >
The services will be thrown open to the public on Wednesday. Fadnavis flagged off the train from Dahisar East and travelled to Kashigaon, along with Deputy Chief Minister Eknath Shinde, Transport Minister Pratap Sarnaik, and Mumbai Mayor Ritu Tawde. Speaking to reporters, Fadnavis said that an easy and accessible transportation system is being developed in the Mumbai Metropolitan Region, integrating the metro, e-buses and water transport to make the city the most accessible in the country. A ...Read More >
Mumbai: Megha Engineering and Infrastructures Ltd (MEIL), MMRDA appointed contractor has today marked a major milestone with the successful launch of the Tunnel Boring Machine (TBM) 'Nayak' for the prestigious Thane-Borivali Twin Tunnel Project, in the presence of the Chief Minister of Maharashtra, Devendra Fadnavis, Deputy CM Eknath Shinde and Deputy CM Sunetra Pawar along with senior dignitaries and officials. The launch ceremony was attended by MEIL Managing Director Krishna Reddy, Director M ...Read More >
Mumbai, Apr 7 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Tuesday inaugurated the first phases of Mumbai Metro Line 9 from Dahisar East to Kashigaon and Line 2B which runs from Mandale to Chembur. With regular services on both the lines set to start from Wednesday, the financial capital of the country will have six operational Metro lines. Fadnavis first inaugurated the first phase of Metro Line 9, flagging off a train from Dahisar East, and travelled to Kashigaon along with Deputy C ...Read More >
Mumbai, Apr 7 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Tuesday inaugurated the first phase of Mumbai Metro Line 9 from Dahisar East to Kashigaon, linking the city with neighbouring Mira Bhayandar in Thane district. The services will be thrown open to the public on Wednesday. Fadnavis flagged off the train from Dahisar East and travelled to Kashigaon, along with Deputy Chief Minister Eknath Shinde, Transport Minister Pratap Sarnaik, and Mumbai Mayor Ritu Tawde. Speaking to reporte ...Read More >
Mumbai: The Mumbai Metro network expands further from Tuesday, April 7, with the launch of two new corridors, Metro Line 2B and Metro Line 9, which will primarily boost suburban connectivity across the Mumbai Metropolitan Region. According to the Mumbai Metropolitan Region Development Authority, both corridors will commence commercial operations a day after their inauguration by Chief Minister Devendra Fadnavis, along with Deputy Chief Ministers Eknath Shinde and Sunetra Pawar, at separate even ...Read More >
New Delhi: Realty firm Lodha Developers on Tuesday reported a 23 per cent increase in pre-sales to Rs 5,890 crore during the last quarter, but failed to meet the annual target because of West Asia conflict. The pre-sales or sales bookings stood at Rs 4,810 crore in the year-ago period. During the full 2025-26 fiscal, the company's sales bookings rose 16 per cent to Rs 20,530 crore from Rs 17,630 crore in the preceding year. In a regulatory filing, the company shared the operational update of ...Read More >
New Delhi, Apr 7 (PTI) Realty firm Lodha Developers on Tuesday reported a 23 per cent increase in pre-sales to Rs 5,890 crore during the last quarter, but failed to meet the annual target because of West Asia conflict. The pre-sales or sales bookings stood at Rs 4,810 crore in the year-ago period. During the full 2025-26 fiscal, the company's sales bookings rose 16 per cent to Rs 20,530 crore from Rs 17,630 crore in the preceding year. In a regulatory filing, the company shared the operationa ...Read More >
Mumbai, Apr 6 (PTI) The Mumbai metro network will expand further from Tuesday with the launch of two new corridors- Metro Lines 2B and 9, boosting suburban connectivity and moving towards the vision of a fully integrated metro network in the Mumbai Metropolitan Region. Metro Line 9 marks the first metro corridor in the Thane district, while Line 2B extends metro connectivity to key Harbour Line areas, including Chembur and adjoining localities. The Mumbai Metropolitan Region Development Author ...Read More >
Mumbai: The Maharashtra school education department has declared 324 secondary schools and 412 junior college divisions "permanently ineligible" for government salary grants after they failed to meet the eligibility criteria "despite being given multiple opportunities and extensions" over the years. The decision is expected to have a major impact on the affected schools and their staff, especially in urban areas, with industry experts raising concerns about the future of the institutions and th ...Read More >
MUMBAI: The ongoing Middle East war had a predictable impact on the Indian real estate market. Housing sales in the first quarter witnessed a downward trend against the preceding quarter. Latest ANAROCK Research data indicates that Q1 2026 saw a 7 per cent drop in sales across the top 7 cities against Q4 2025. Approximately 1.01 lakh units worth Rs 1.51 lakh crore were sold in Q1 2026 in the top cities, in contrast to approx 1.08 lakh units worth Rs 1.60 lakh crore in Q4 2025. However, given th ...Read More >
MCA president Ajinkya Naik says the Navi Mumbai cricket stadium project needs six-month window for process, planning and design before implementation Maharashtra is preparing to take a major leap in world-class sports infrastructure with the state government backing the development of a 100,000-capacity cricket stadium in the Mumbai Metropolitan Region (MMR). The project, which will fall under the jurisdiction of the Mumbai Cricket Association, will add a major new facility to Maharashtra's exi ...Read More >
Mumbai: The Mumbai Metropolitan Region (MMR) could soon get a new, state-of-the-art cricket stadium with a capacity of 100,000 spectators. Senior officials from the Mumbai Cricket Association (MCA) met with Maharashtra chief minister Devendra Fadnavis on Wednesday to discuss plans for the facility, which will come up in Navi Mumbai, according to people familiar with the developments. If all things go to plan, the new facility would become the second-largest stadium in India by capacity, behind ...Read More >
The Mumbai Cricket Association's (MCA) ambitious plan to build a 1 lakh-capacity cricket stadium on the outskirts of Mumbai gathered fresh momentum after a key meeting between its president Ajinkya Naik and CIDCO managing director Vijay Singhal recently. The two officials held detailed discussions to chart a roadmap for the proposed mega venue, which is expected to come up within the Mumbai Metropolitan Region. The project, which has been under consideration for more than two years, is seen as ...Read More >
New Delhi: Large enterprises have decisively reshaped India's flexible workspace market, marking a clear shift from its startup-led origins to a core element of corporate real estate strategy. According to Knight Frank's report "Flex Space Occupier Intelligence: Who is Occupying Flex Space in India - and Why It Matters," big corporates now account for 72% of total flex seat absorption--far outpacing SMEs (18%) and startups (10%). "Across the eight major cities analysed, Large Enterprises accoun ...Read More >
Knight Frank says Indias flex offices now core to corporate real estate, led by enterprises and GCCs, with flex at 21 percent of office absorption and rapid growth in major citiesIndia's flexible workspace market is undergoing a structural reset, with large enterprises, rather than startups, now driving demand and reshaping the segment into a core pillar of corporate real estate strategy. According to a latest report by Knight Frank India, flex space absorption has clocked a sharp 30% compounde ...Read More >
Mumbai: In a move that promises to redefine the global cricketing landscape, Maharashtra is fast-tracking the development of a huge 100,000-capacity cricket stadium. This ambitious project, spearheaded by the Mumbai Cricket Association (MCA) with full state government backing, aims to create India's second-largest cricket stadium right in the heart of the Mumbai Metropolitan Region (MMR). The initiative marks a massive leap in sports infrastructure, designed to accommodate the exploding demand ...Read More >
New Delhi [India], April 2 (ANI): Large enterprises have decisively reshaped India's flexible workspace market, marking a clear shift from its startup-led origins to a core element of corporate real estate strategy. According to Knight Frank's report "Flex Space Occupier Intelligence: Who is Occupying Flex Space in India - and Why It Matters," big corporates now account for 72% of total flex seat absorption--far outpacing SMEs (18%) and startups (10%). "Across the eight major cities analysed, L ...Read More >
Mumbai, Apr 2 (PTI) Mumbai cricket chief Ajinkya Naik has met officials of the the state government to expedite the development of a one lakh capacity stadium in the Mumbai Metropolitan Region (MMR). Naik recently met officials from City And Industrial Development Corporation Of Maharashtra Ltd (CIDCO) to discuss the mega project that has been proposed for a while. "This initiative marks a defining moment for Maharashtra's sporting ecosystem. A 1 lakh capacity stadium in the Mumbai Metropolita ...Read More >
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