This is despite a 10 per cent rise in the average weekday ridership.
MMRDA official said that it was already in talks with the World Bank to get funding for the MTHL project.
MGL said in spite of gas cost doubling, its selling prices have increased by only 28 per cent for CNG and 30 per cent for PNG.
The Maharashtra government is considering the option of allowing private players in the municipal transport sector in the Mumbai Metropolitan Region (MMR), spread over 4,000 sq km with a population of 16 million living in seven municipal corporations and 15 municipal councils.
Town planning authority MMRDA on Tuesday said that nearly 150 patients at its COVID facility in Bandra Kurla Complex (BKC) have been shifted to another location as a precaution in the wake of the Nisarga Cyclone which is expected to make a landfall close to the city on Wednesday.
Three months after its record-breaking land deals, the Mumbai Metropolitan Region Development Authority is going in for another mega auction
The recent increase in the prices of CNG has prompted auto and taxi drivers to demand demand hike in fares.
The project, titled New Cuffe Parade, will come up at Wadala and is spread across 23 acres over the next five to seven years.
High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.
Highlighting that mutation in a virus is a natural phenomenon, the civic body said citizens should do not panic and appealed to them to follow COVID-19-appropriate behaviour.
One person was killed and one injured seriously when a rotary piling machine, working on the metro rail project site of the Mumbai Metropolitan Region Development Authority, toppled over on an auto-rickshaw on Wednesday morning, crushing the passenger to death and grievously injuring the driver
Mumbai Metro One to continue with discounted fares till Nov 30.
The Rediff labs team tried to correlate vehicle density with air pollution.
Housing sales in seven major cities rose 5 per cent annually to about 1.2 lakh units during the April-June period, while demand fell 8 per cent from the preceding quarter on surge in prices, according to Anarock. Real estate consultant Anarock, which is one of the leading housing brokerage firm, on Thursday released the data of housing market for the current April-June quarter. In April-June 2024, housing sales across seven major cities are estimated at 120,340 units, up 5 per cent from 115,090 units in the year-ago period.
The civic body had come under severe attack in June.
Reliance Infrastructure on Thursday announced the cancellation of Rs 12,000 crore (Rs 120 billion) Mumbai's Metro Line 2 project citing non-fulfillment of certain obligations by Maharashtra government.
The death toll rose to 3,717 with 127 new deaths being recorded on Friday.
Housing sales rose 8 per cent annually during the April-June period to 80,250 units across eight major cities, mainly on increased demand in Mumbai and Pune, according to PropTiger. Sales stood at 74,320 units in the year-ago period across primary (fresh sales) residential markets of the top eight cities. The housing brokerage firm on Wednesday released its Real Insight Residential - April-June 2023 report, stating that housing sales rose in three cities Mumbai, Pune and Ahmedabad but declined in other five major cities -- Delhi-NCR, Bengaluru, Hyderabad, Chennai and Kolkata.
Call it an expectation of revival in the real estate market or improving liquidity, bulge bracket property deals have made a comeback in the country's commercial capital.
Housing sales rose 36 per cent year-on-year to a record 120,280 units across seven major cities during the July-September period on robust demand amid stable mortgage rate, according to Anarock. Housing sales stood at 88,230 units in the year-ago period across the seven major cities. Releasing the data, real estate consultant Anarock said average housing prices across the seven cities grew 11 per cent annually in the July-September period this year.
The main accused in the BMW hit-and-run case Mihir Shah was under the influence of alcohol when the horrific incident, in which one woman was killed, took place, a Mumbai police official said on Thursday.
Average housing prices have increased in the range of 13-33 per cent in the last three years across seven major cities on high demand, according to real estate consultant Anarock. Hyderabad's Gachibowli recorded the highest 33 per cent increase in average residential prices in the past three years. In Gachibowli, the average residential prices as of October 2023-end stood at Rs 6,355 per square feet as against Rs 4,790 per square feet in October 2020.
The cyclone is likely to bring heavy rainfall in its wake in parts of Maharashtra, Gujarat and Goa. The light showers/drizzle in parts of Mumbai city, its suburbs and neighbouring districts of Thane and Palghar on Monday morning brought some respite to people from the sweltering heat and humidity.
However, some areas in south Mumbai, which witnessed a record rain on Wednesday, were still water-logged, they said. The India Meteorological Department (IMD) has predicted moderate to heavy rainfall in the city and suburbs and intense showers in some parts of the Mumbai Metropolitan Region in next 24 hours.
'If you look at the average age of all our candidates, you will notice that their average age is between 35 and 40. It is a kind of revolution that the MNS is bringing in Maharashtra.'
Pets help people lead a healthy life and fulfil emotional deficit occurring due to broken relationships, a Mumbai court has held in a domestic violence case wherein a woman sought maintenance from her estranged husband saying she has health issues and three dogs dependent on her.
Mumbai court issues summons to cricketer Prithvi Shaw on social media influencer's plea
The Bombay high court on Wednesday refused to grant any relief to West Bengal Chief Minister Mamata Banerjee in a complaint seeking action against her for allegedly disrespecting the national anthem at an event in Mumbai in 2022.
'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
The Mumbai police on Thursday told a court in Mumbai that there is a possibility of an 'international connection' in the recent firing outside Bollywood actor Salman Khan's residence.
The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.
Urban planners and real estate experts say bad town planning in Mumbai and rising deaths during the ongoing pandemic are a "sad reality". Dev Chatterjee and Raghavendra Kamath report.
India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).
There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.
Property sizes are shrinking in Mumbai.
Delhi Police on Thursday arrested another person in connection with the city's biggest-ever drug haul with investigators finding that the main accused had alleged links with leaders of a national political party, officials said.
A Mumbai court has issued a process (summons) to actor Salman Khan and his bodyguard Nawaz Shaikh on a complaint filed by a journalist in connection with a dispute in 2019.
A Mumbai court on Monday extended till January 14 the police custody of Shweta Singh and Mayank Rawal, arrested from Uttarakhand in connection with the case pertaining to the 'Bulli Bai' app, which targeted Muslim women by putting up their images online for 'auction.'
Thackeray held a meeting on the issue and instructed authorities concerned to ensure there is no recurrence of the episode, an official statement said.
According to a lawyer, who attended the hearing on Monday, the court while dismissing the complaint said, "no offence was made out" against Banerjee.
