MMRDA has invited construction bids for 5,623 homes under Phase 1 of its first-ever independent slum redevelopment project at Ramabai Nagar, Ghatkopar. Project includes towers, civic amenities & a freeway link.

Mumbai’s real estate market is witnessing a redevelopment surge in prime areas like Bandra and Colaba, driven by rising demand and government incentives. Experts warn of risks amid intense developer competition and price volatility.

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NAREDCO Maharashtra NextGen launches Excelerate 3.0 at Hotel Sahara Star, Mumbai, on November 14, 2024. The centrepiece event, "Innovation in Construction," will explore revolutionary solutions for today's building issues, including growing urbanisation and climate resilience.

Maharastra has highlighted concerns over 212 housing projects constructed between January and April 2023. Without necessary construction updates, these projects violate rules and have forced MahaRERA to take significant action.

Savills India reports that luxury residential under-construction properties in Delhi, Noida, Gurugram, Bengaluru, and Mumbai rose up to 53% in the first half of 2024. Gurugram grew the most. These are the top five causes of this increase.

Mumbai's western suburbs are experiencing a real estate boom, with construction projects surging at an unprecedented rate.

Mulund's Purvarang Society encouraged self-redevelopment out of fear of fraud, an encouraging gesture. This bold move resulted in the destruction of their old building and a lavish groundbreaking ceremony.

L&T Construction has won a major contract to build multi-storied residential buildings in Thane, Mumbai. This project highlights the company's leadership in high-rise building and dedication to urban improvement.

MICL has announced plans for a massive redevelopment project in Bandra's Pali Hill neighbourhood. This project, which houses Bollywood star Aamir Khan, will alter the region.

Sanjay Dutt, the chief executive officer of Tata Realty and Infrastructure Ltd, recently remarked that the high cost of land, money, and construction, as well as other economic concerns, make Indian real estate projects unprofitable.

The City and Industrial Development Corporation (CIDCO) has begun construction on a 5,730-unit mass housing development in Navi Mumbai's Taloja node, an official said recently.

Edelweiss Group has invested Rs 355 crore in realty developer Hubtowns two under-construction residential projects in Mumbai, Maharashtra through its non-banking finance company ECL Finance and two funds - Edelweiss India Real Estate Fund and EREF Onshore Fund - managed by the group.

When it comes to construction, the city of Mumbai is second to none and it is imperative that real estate agents, property developers, property investors, home buyers are updated about the construction related terms in Mumbai.