Page 11 - Mumbai

Keystone Realtors target ₹3,000 cr revenue with redevelopment projects

Keystone Realtors Ltd has been selected to redevelop eight housing societies in Mumbai, enabling the company to generate revenue of Rs 3,000 crore from the saleable area. Mumbai-based Keystone Realtors sells properties under Rustomjee brand. In a regulatory filing on Wednesday, Keystone Realtors informed that "it has been selected by eight housing societies as the developer for the large-scale cluster redevelopment project in the highly sought after residential neighbourhood of Andheri West, Mumbai." The Development Agreement (DA) has already been executed with five societies, while LOIs have been received from the remaining three societies, with DA execution expected over the next few days. "The project involves the redevelopment of a cluster of private housing societies located in the heart of Andheri's vibrant residential hub, with a cumulative plot area of approximately 4.75 acres, encompassing 548 existing members. "The proposed redevelopment is expected to unlock a saleable

Keystone to redevelop Mumbai locality with Mhada, eyes GDV of Rs 4,521 cr

The project spans 11.19 acres in Sion Koliwada and will rehabilitate 1,200 members, unlocking 20.7 lakh sq ft of saleable area for Rustomjee and stock for Mhada

Vodafone Idea expands 5G coverage to 23 more cities across India

Debt-ridden telecom firm Vodafone Idea has expanded 5G coverage to 23 more cities, including states capitals Jaipur, Kolkata, and Lucknow, the company said on Monday. Vi has already launched 5G service in five cities -- Mumbai, Delhi-NCR, Bengaluru, Chandigarh, and Patna. "Vi... announced the next phase of its 5G rollout, with network deployment now underway in 23 cities. These include Ahmedabad, Agra, Aurangabad, Kozhikode, Cochin, Dehradun, Indore, Jaipur, Kolkata, Lucknow, Madurai, Malappuram, Meerut, Nagpur, Nashik, Pune, Rajkot, Sonepat, Surat, Siliguri, Trivandrum, Vadodara and Vizag," the company said. Vi has acquired 5G spectrum in 17 out of 22 telecom circles. "Users with 5G-enabled devices in the newly announced cities will be able to access Vi 5G services as the services go live. As an introductory offer, Vi is providing unlimited 5G data on plans starting from Rs 299," Vi said. The company said it has deployed 4G on the 900 MHz band across approximately 65,000 sites an

Mumbai mosques go digital with 'azan app' to overcome loudspeaker curbs

In the backdrop of curbs over the use of loudspeakers, half-a-dozen mosques in Mumbai have registered on a dedicated mobile phone application which relays the 'azan', or call to prayer, directly to the faithful in real-time. The app, Online Azan, has been developed by a Tamil Nadu-based company. Given the restrictions and sensitivities surrounding the use of loudspeakers for the call to prayer, the dedicated mobile app helps relay the azan directly to worshippers from local mosques, Fahad Khalil Pathan, managing trustee of Mahim Juma Masjid, told PTI. The free app will allow users to listen to the azan at home, especially during Ramzan (the Islamic holy month of fasting) and other times when public announcements are restricted, he explained. "The initiative comes after a police crackdown on the use of loudspeakers, where officers visited the mosque (Juma Masjid) and warned loudspeaker use could result in action. This led to the mosque temporarily disabling its sound system," Pathan

Delhi-Mumbai Expressway: Know travel time, route, project completion date

The Delhi-Mumbai Expressway will cut travel time between the two cities from 24 to 12 hours. At 1,380 km, it spans 6 states and features Asia's first wildlife overpasses

From stealth pioneer to spy: How a Mumbai-born engineer helped China build a B-2 bomber lookalike

Noshir Gowadia, once a key architect behind America's cutting-edge B-2 stealth bomber, betrayed US military secrets to China.

DRI busts gold melting unit in Mumbai, seizes gold worth ₹9 crore

The Directorate of Revenue Intelligence (DRI) has busted a gold melting facility in south Mumbai, seized the yellow metal worth Rs 8.93 crore and arrested seven members of a crime syndicate, officials said on Monday. The central agency had specific intelligence about the facility involved in melting of smuggled gold brought to India from Dubai with the help of carrier passengers recruited by an organized syndicate, an official said. Accordingly, the DRI's Mumbai Zonal Unit initiated action under the codename "Operation Alchemist" on Sunday night and uncovered the gold melting unit in the Masjid Bunder area. Initially, a DRI team nabbed two persons, who were coming out of the facility and 8.74 kg of gold in bar form was recovered from their possession, he said. A search was conducted at the facility, where DRI officials found that two operators were melting smuggled gold and converting the precious metal into bars, he said. During investigation it surfaced that 18 egg-shaped ...

Air India flight from Hyderabad to Mumbai cancelled due to technical snag

A Mumbai-bound Air India flight from Hyderabad with 92 passengers on board was grounded and subsequently cancelled on Friday due to a technical glitch, airport sources said. After boarding, a technical snag was noticed following which the passengers were deplaned and accommodated in another Air India flight, they said. "AI 2534 to Mumbai was cancelled due to technical reasons," the sources said.

Real estate giant DLF aims to launch Mumbai project by next quarter

DLF to launch Mumbai housing project in next quarter; Goa villa handover likely soon; Privana North sold out with 25% NRI participation and ₹11,000 crore revenue

Future-Proof Strategy: Leading with Clarity and Agility in a VUCA World

In this episode, Dr. Ketan Vira shares sharp insights on leading with clarity and agility in a VUCA world. A quick masterclass on future-proof strategy for students, managers, and entrepreneurs.

Actor Jaideep Ahlawat buys second Rs 10-crore flat in Mumbai's Andheri

The actor and his wife Jyoti Hooda bought a second apartment in Poorna Apartments in Andheri West, Mumbai, for Rs 10 crore, show documents accessed via Square Yards

Mumbai rains: 18 killed, travel hit, IMD issues red alert for Raigad

Relentless rains paralyse Mumbai, killing 18 and injuring 65, as IMD issues a red alert for Raigad and orange alerts for Mumbai, Thane, and Palghar

Mumbai witnesses incessant rains; local trains, metro services affected

Incessant rains lashed Mumbai on Monday morning, inundating low-lying areas and disrupting road traffic, suburban trains and metro rail services, officials said. The India Meteorological Department (IMD) has forecast cloudy skies with the possibility of heavy rainfall at a few places in the city and suburbs in the next 24 hours. According to civic officials, the island city recorded an average rainfall of 95 mm, while the eastern and western suburbs recorded 58 and 75 mm rainfall, respectively, in 24 hours, ending at 8 am. A high tide of 4.21 metres is expected at 3.31 pm, followed by another high tide of 3.44 metres at 3.31 am on Tuesday. A low tide of 1.86 metres will occur at 9.41 pm, while a low tide of 1.33 metres is forecast at 9.10 am on Tuesday. The city and suburbs witnessed incessant rainfall, with intermittent spells of heavy showers that caused water-logging in several low-lying areas, officials said. Suburban train services on the Central and Western Railway were also

State-run Mahavitaran seeks licence to supply electricity across Mumbai

In a move aimed at expanding its footprint into Mumbai, state-run power utility MSEDCL has filed an application before the Maharashtra Electricity Regulatory Commission (MERC), seeking a parallel licence to distribute electricity across the financial capital. In a release, Maharashtra State Electricity Distribution Company Ltd (MSEDCL or Mahavitaran) said the petition has been submitted under sections 14 and 15 of the Electricity Act, 2003, along with provisions of the MERC Rules, 2006, and the Electricity Distribution Licence Rules, 2005. The company has urged the commission to grant it permission to supply electricity to key regions in Mumbai -- ranging from Colaba to Mahim, Bandra to Dahisar, Vikhroli to Chunabhatti and Mankhurd, as well as Chena, Kajupada, and Mira Bhayandar Municipal Corporation limits. Currently, power in Mumbai is distributed by three players -- civic utility Brihanmumbai Electricity Supply and Transport Undertaking (BEST), private companies Adani Electricity

Game Palacio, Snow World & More: Hospitality Secrets from a Pro

From Game Palacio to Formula Karting — Prasuk Jain shares how he built India’s new-age entertainment empire.

Mumbai tragedy: Railways may expand local train services to 4,500 a day

Mulling phaseout of old coaches as retrofitting technically tough, says top official

Mhada invites tenders for cluster redevelopment of Kamathipura, Mumbai

Project covers 943 buildings and 8,000 tenants across 34 acres, with 44,000 sq m to be returned to Mhada and 5.67 lakh sq m of development rights for the builder

Bank of Baroda tops bidding for Jet Airways' BKC office in insolvency auction

A government-appointed liquidator listed the entire floor of the 19-storey tower for sale last month, setting a reserve price of ₹335.24 crore for the prime commercial property

₹8 lakh bag-holding 'jugaad' by Mumbai auto near US consulate shut down

His 'jugaad' went viral, but now it's over-Mumbai cops halt auto driver's ₹8 lakh bag-keeping service near US Consulate citing safety issues

Ashwin Sheth Group acquires 50% stake in luxury project in Mumbai

Singapore-based PAG commits funding of Rs 540 cr