Union officials said with increasing possibility of further extension of the coronavirus-induced lockdown, several auto and taxi drivers are going to their native places in their black and yellow coloured auto rickshaws and taxis.
Maharashtra chief minister Vilas Rao Deshmukh announced on Thursday sanctiong of Rs 2,356 crore for the first corridor of Varsova-Andheri-Ghatkopar rail project jointly to Anil Ambani group company Reliance Energy and MMRDA.
Bengaluru, Delhi, Mumbai, and Hyderabad account for 33% of the total active paid subscriptions.
Mumbai Metropolitan Region recorded housing sales of nearly 9,200 units in Q3 of calender 2020, against 3,620 units in the preceding quarter, registering a 1.5 times growth which is the highest growth seen any city except Chennai.
A day after the contract for civil work on the first line of Mumbai Metro was awarded, a senior government official said on Wednesday that work on the second line of the project is likely to begin by June.
The Ambani brothers are once again going to clash over Mumbai's infrastructure as the Mumbai Metropolitan Regional Development Authority has decided to call financial bids for the Rs 12,000-crore (Rs 120 billion) second corridor of Mumbai Metro connecting Charkop to Mankhurd via Bandra from short-listed consortiums.
'Developers are into profit-making. And there's not too much money in the affordable segment.' 'So, they don't do affordable housing.'
The mega block, which started at Thursday midnight, has affected the suburban services on CR's main corridor, causing inconvenience to lakhs of office-goers.
The Maharashtra government has agreed to raise basic taxi fares in Mumbai by Rs 2 from the existing Rs 14.
The Mumbai Metropolitan Region Development Authority, which is implementing the project, said that it was in talks with the World Bank for funding the project.
The Rs 2,460-crore project, an initiative of the Mumbai Metropolitan Regional Development Authority, is a modern urban transport where cars move on a single beam in an elevated corridor.
At least seven persons were injured as a part of monorail bridge collapsed in Wadala area in central Mumbai on Thursday.
The Mumbai Metropolitan Region Development Authority is exploring the possibility of constructing metro rail routes along the Western and Eastern Express highways to further ease traffic congestion in the metropolis.
The first set of cars for the $600 million project to be used in the system's inaugural 20 km run were inaugurated at monorail factory at Rawang in Malaysia.
Former Maharashtra minister and Shiv Sena-Uddhav Balasaheb Thackeray leader Aaditya Thackeray on Monday claimed nearly '50 people', including 'some middlemen' and personal assistants, will be part of the delegation that will travel with Chief Minister Eknath Shinde for the World Economic Forum (WEF) gathering in Davos, Switzerland.
It is yet to be decided whether the Rs 2,356 crore (Rs 23.56 billion) Phase One of the project is eligible for VGF or not, a key Finance Ministry official told PTI. \n
The stocks of Mumbai-based real estate companies have been hitting lifetime highs on expectations that launches, steady demand, and price increases in the largest real estate market in the country would boost their financials. Macrotech Developers (Lodha) and Oberoi Realty hit their all-time highs last week, while Godrej Properties came close to its 52-week high last month before witnessing a sharp correction.
Jet Airways had purchased a 2.5-acre plot from the Mumbai Metropolitan Region Development Authority in March 2008 for Rs 826 crore (Rs 8.26 billion) for developing its global headquarters. However, the airline did not go ahead with the plans and started negotiations to sell off the land.
The maximum inventories are in 1 and 2 BHK configurations totaling 587,500 units.
Team Anna has been granted permission by the Mumbai Metropolitan Region Development Authority to use its ground in Bandra-Kurla complex from December 27.
Real estate developers in Mumbai propose to join hands to construct 5 lakh affordable houses for middle and lower income groups in partnership with the Maharashtra government in the next five years in the fast-growing Mumbai Metropolitan Region.
Three men, originally from Tamil Nadu, arrested by the Mumbai Police started their boat journey from Kuwait on January 28 and claimed to have taken the Saudi Arabia-Dubai-Pakistan route before entering Indian shores illegally, as per the police remand note.
None of the seven consortiums shortlisted for the Maharashtra government's flagship project, the Rs 6,200-crore second phase of the Mumbai Metro, participated in the financial bids that closed on Friday. "The reason for asking more time could be the prevailing economic slowdown. They sought at least one more month to submit the bids," a Mumbai Metropolitan Region Development Authority official said.
The Mumbai town planning agency has said it can't spare land in the commercial BKC area for a terminal due to demand from private firms
There was some respite for Mumbaikars when the strike was called off in the evening. However, the prospect of soon having to shell out more for their journey left them anguished.
Maharashtra so far has 52 coronavirus positive cases, while one Covid-19 patients died in Mumbai this week.
A consortium of six banks led by IDBI will finance the project to the tune of Rs 1,194 crore (Rs 11.94 billion), Rs 512 crore (Rs 5.12 billion) will be raised through equity while Rs 650 crore (Rs 6.5 billion) will come from the MMRDA as capital subsidy. The closure is unique in many ways as nearly Rs 200 crore (Rs 2 billion) have been spent on the project before the financial closure.
This will facilitate availability of at least 2,400 more beds for patients in the city, the BMC said.
With just three days left for Anna Hazare's fast to commence, members of India Against Corruption are running from pillar to post to secure requisite clearances, reports Toral Varia Deshpande
The power failure comes at a time when the state is reeling under power deficit.
'Netflix, Amazon Prime Video, Crunchyroll, and Disney+ Hotstar are continuously expanding their Anime libraries.'
Billionaire Gautam Singhania on Monday announced separation from wife Nawaz, saying the two have decided to pursue different paths. Singhania, 58, had married Nawaz Modi, daughter of solicitor Nadar Modi, in 1999. "This Diwali is not going to be the same as many in the past," Singhania, chairman and managing director of textiles-to-real estate conglomerate Raymond Ltd, said in social media posts.
World Bank is likely to give Mumbai projects Rs 275 crore less, in wake of the appreciation of rupee against the dollar.
The seven major cities are Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Hyderabad, Chennai, and Kolkata.
The weather department on Wednesday issued a rain 'red alert' warning for Mumbai and adjoining areas and asked the authorities to be prepared to handle any situation.
The Maharashtra government on Tuesday withdrew its lockdown relaxation norms for Mumbai and Pune regions, both coronavirus hotspots, and revised its last week's guidelines prohibiting door-to-door delivery of newspapers and magazines in the state.
'We have to keep knocking on it before we get a response.'
The Maharashtra government has drawn up an ambitious $60 billion (Rs 2.25 lakh crore) action plan for makeover of Mumbai, aimed to convert India's commercial capital into a global financial hub.Mumbai makeover plan is aimed at creating world-class infrastructure and to set up an integrated urban transport system using existing suburban rail, ambitious metro rail system, hovercraft, sealink and road connectivity
