mumbai metropolitan region

New Delhi, March 30 Lodha Developers Ltd, a real estate firm, announced on Monday that it has raised ₹500 crore by issuing debentures.In a regulatory filing, the company stated that the board has approved the allotment of 50,000 non-convertible debentures (NCDs) of ₹1 lakh each, totaling ₹500...

New Delhi, March 27 Arvind SmartSpaces Ltd, a real estate firm, will redevelop a housing society in Mumbai, and expects to generate revenue of around Rs 300 crore from the saleable area.In a regulatory filing on Friday, the Ahmedabad-based company announced that it has signed a redevelopment...

Mumbai, March 26 Navi Mumbai International Airport (NMIA) on Thursday said that flight operations at its facility are expected to increase to 1,092 flights per week, with an average of 156 air traffic movements (ATMs) per day, as part of the airlines' summer schedule this year.The facility is...

New Delhi, March 22 Godrej Properties Ltd and Lodha Developers Ltd are optimistic about India's housing demand, as both real estate firms have acquired more than 25 land parcels so far this fiscal year to develop residential projects with a combined revenue potential of more than Rs 1 lakh...

Mumbai, March 17 – Maharashtra Chief Minister Devendra Fadnavis on Tuesday directed officials to identify sites for developing shipyards to accelerate water passenger transport in the Mumbai Metropolitan Region (MMR).This initiative aims to facilitate the indigenous construction of boats...

Thane, March 15 The proposal to name the Navi Mumbai International Airport after the late farmer leader D B Patil will soon be presented to the Union Cabinet, Bhiwandi MP Suresh Mhatre said on Sunday.Addressing a press conference, Mhatre claimed Civil Aviation Minister Kinjarapu Ram Mohan...

New Delhi, March 13 – The promoters of Godrej Properties Ltd have increased their stake in the company by 5% this fiscal year through the purchase of public shares worth Rs 2,674 crore in the open market, as they are optimistic about growth prospects amid strong demand for residential properties...

New Delhi, March 13 Godrej Properties Ltd has acquired a 44-acre plot in Coimbatore to develop a housing project, with an estimated revenue of ₹450 crore.In a regulatory filing on Friday, the company announced that it had acquired the land parcel through a direct purchase and will launch...

Mumbai, March 12 Maharashtra is set to play a major role in India's vision of achieving a USD 5 trillion economy by FY27, and expects to contribute USD 1.5 trillion to the country's GDP, Deputy Chief Minister Eknath Shinde said on Thursday.Maharashtra continues to be the country's leading...

New Delhi, March 12 Raymond Realty announced on Thursday the launch of a 9-acre housing project in the Mumbai Metropolitan Region (MMR), with an expected revenue of Rs 2,000 crore.In a regulatory filing, the company stated that it has launched a 9-acre housing project called 'Ten X District 9'...

Mumbai, March 10 The Maharashtra government announced a flexible office time initiative for women state employees working in the Mumbai Metropolitan Region (MMR) to help them avoid rush hour travel on crowded suburban trains.Earlier in the day, Deputy Chief Minister Sunetra Pawar said in the...

Mumbai, March 10 In a major move to support working women, Maharashtra’s first woman Deputy Chief Minister, Sunetra Ajit Pawar, announced a new ‘Come Early-Go Early’ policy for female government employees in the Mumbai Metropolitan Region (MMR) on Tuesday.The announcement was made in the...

New Delhi, March 9 The office market in Navi Mumbai commands 21 per cent lower rents than the average rents of major cities, which helps the region attract foreign companies to set up their base and also establish global capability centers (GCCs), according to CRE Matrix.Real estate data...

Mumbai, March 6 – Maharashtra's total debt is projected to exceed Rs 11 lakh crore in 2026-27 as the state continues to borrow to fund infrastructure projects and welfare schemes, government officials said on Friday.According to the state government's budget documents, Maharashtra's total debt...

Mumbai, March 4. NCP-SP legislative party leader Jayant Patil criticised the ruling Mahayuti government in the Maharashtra Legislative Assembly on Wednesday, raising concerns over its approach to governance and the implementation of major infrastructure projects.Participating in a discussion...

Mumbai, February 28 The Maharashtra government said on Saturday that it will hold a meeting with major hospitals in the Mumbai Metropolitan Region in a month to encourage their participation in central and state government health schemes, amid concerns over low enrollment and inadequate...

Thane, February 25 A video showing an unidentified woman being pulled by her hair and dragged off a crowded local train at Kalyan railway station has gone viral on social media, with railway officials saying that the incident is being investigated.The video shows a large number of women...

New Delhi, February 23 Godrej Properties Ltd, a real estate firm, has partnered with a landowner to develop a 18-acre housing project in the Mumbai region, with an estimated revenue potential of over ₹7,500 crore, as part of its expansion plan.In a regulatory filing on Monday, the Mumbai-based...

New Delhi, February 22 Lodha Developers, a real estate firm, has partnered with Sahana Group companies to develop projects on multiple land parcels spanning over 10 acres in Mumbai, according to CRE Matrix.Real estate data analytics firm CRE Matrix has obtained the registration document of the...

New Delhi, February 22 The real estate firm, Lodha Developers Ltd, will invest Rs 1,200 crore this quarter on pure construction activities and will launch 12 housing projects with an estimated sales value of nearly Rs 13,000 crore to expand its business.Lodha Developers, which sells properties...