Page 14 - Mumbai

Top Indian dealmakers earn 37% more than Singapore, Hong Kong peers

India is seeing a boost from a rebound in investments even as global trade uncertainties weigh on the country's broader outlook

Builders from other regions tap into Mumbai's redevelopment market

Mumbai's policy-level incentives for redevelopment and less capital-intensive nature of the business amid a lack of open land parcels, are attracting developers

Mumbai locals to have automatic doors, says railways as four die after fall

Railway Board confirms automatic doors for new and existing Mumbai suburban trains after four commuters die and nine are injured in a packed-train incident near Mumbra

Dharavi masterplan to be implemented in phases, says DRP CEO SVR Srinivas

The Rs 95,790-crore Dharavi Redevelopment Project will be executed in phases, rehabilitating around 72,000 tenants, with completion targeted for January 2031, says DRP CEO

Godrej's Tanya Dubash-promoted firm buys apartment in Mumbai for 226 cr

Private real estate firm Shaula Real Estates, where the daughter of Godrej Industries Chairman Adi Godrej is a director, has purchased a duplex apartment in a luxury housing project at Worli in Mumbai for nearly Rs 226 crore. Tanya Arvind Dubash, the eldest daughter of industrialist Adi Godrej, and Clement George Pinto are directors in Shaula Real Estates Pvt Ltd, according to sources. The company has been incorporated on March 26, 2025, in Mumbai. In a statement on Monday, real estate consultant Square Yards said, "Shaula Real Estates has purchased a duplex apartment in the Naman Xana project located in Worli, Mumbai, for Rs 225.76 crore". Square Yards said it has seen property registration documents. The transaction was registered in May 2025. Godrej Industries did not comment on the transaction. The purchased property is part of Naman Xana, an under-construction luxury residential project. As per RERA, the project is spread over 0.64 acres and is scheduled for completion by ..

Sonam Raghuvanshi arrest, Mumbai local, Greta Thunberg, Trump on LA protests & more top #newsin1min

Meghalaya Police have arrested Sonam Raghuvanshi, the Indore woman who went missing during her honeymoon, for allegedly plotting her husband's murder.

Video of cockroach in food at Theobroma outlet alarms Mumbai foodies

A video showing a cockroach crawling over food at Theobroma's Mulund outlet has gone viral, raising serious hygiene concerns and questions over franchise accountability

Birla Estates raises Rs 420 cr from IFC to finance projects in Mumbai, Pune

Real estate company Birla Estates has raised Rs 420 crore from International Finance Corporation (IFC) to finance its two projects in Mumbai Metropolitan Region and Pune. Birla Estates Pvt Ltd is a wholly-owned subsidiary of Aditya Birla Real Estate Ltd (formerly Century Textiles and Industries Ltd). In a regulatory filing on Monday, the company announced signing of agreements for an investment from IFC, a member of the World Bank Group. "The investment, approximately USD 50 million (Rs 420 crore), will be directed towards two of Birla Estates' key developments: with around Rs 148 crore in Birla Estates' Manjri project (Pune) having around 3.13 million sq ft saleable area and about Rs 272 crore in Birla Estates' Thane project with 6.43 million sq ft saleable area," it said. The projects will be developed through two Special Purpose Vehicles (SPVs) owned and controlled by Birla Estates. IFC's investment will be made into these SPVs, which will serve as the development platform for b

No need for slum-dwellers' consent in Dharavi redevelopment project: CEO

Over 50 per cent of Dharavi residents in Mumbai have already consented, but CEO SVR Srinivas says consent isn't required as the developer was appointed by the state government

Offended by meat? Then why pick a non-veg joint, asks consumer panel

Mumbai consumer forum rejects ₹6 lakh claim over chicken momos, questions complainants' choice of ordering at a mixed-menu outlet

Mumbai's first metro line completes 11 years; served 1.11 bn commuters

Mumbai's first metro corridor, the Versova-Andheri-Ghatkopar line, has completed 11 years of operations, having transported more than 111 crore commuters since its launch in 2014. In a release issued earlier this week, Mumbai Metro One Private Limited (MMOPL) said that of the 12 stations on the 11.8-km corridor, Ghatkopar recorded the highest footfall with 30 crore commuters, followed by Andheri with 23 crore and Saki Naka with 11 crore. The current weekday ridership stands at around 5 lakh, with a peak of 5.47 lakh commuters, it added. The agency said that Metro Line 1, or Metro One, has made more than 12.6 lakh train trips, covering 1.45 crore km while maintaining 99.99 per cent punctuality and 99.96 per cent train availability. The Versova-Andheri-Ghatkopar (VAG) corridor, which commenced operations on June 8, 2014, is considered one of the major east-west links in the metropolis. The corridor's integration with other lines Line 2A at DN Nagar, Line 7 at Western Express Highwa

Non-Mumbai builders tap into financial capital via redevelopment projects

Mumbai's redevelopment market is big enough to accomodate more players like Bengaluru-based Sobha and Ahmedabad-based Arvind Smartspaces are evaluating opportunities

Fire breaks out at 14-storey building in Thane, no casualties reported

A fire broke out at a 14-storey residential building in Mumbra area of Maharashtra's Thane district in the early hours of Sunday, civic officials said. There was no report of any casualty, they said. The Sheel fire station reported the blaze at 2.54 am to the disaster control room. The fire originated in an electric duct between the fourth and seventh floors of the A-wing of S K Residency building located near Mumbra bypass, Thane Municipal Corporation's disaster management cell chief Yasin Tadvi said. "The fire was limited to the electrical cable duct and did not spread to any residential flat. No casualty was reported from the site," he said. The fire brigade personnel, regional disaster management cell team and police promptly reached the spot and launched the firefighting operation. Residents of the building also joined the effort using fire extinguishers available on the premises. "The fire was completely extinguished by 3.42 am," Tadvi said. The exact cause of the blaze

Mumbai court raises domestic violence compensation from ₹5 lakh to ₹1 crore

The court observed that the woman's husband and his family are 'crorepatis', or multi-millionaires, and considered the initial compensation amount to be insufficient

No plans to raise foreign ownership cap in banks beyond 15%: RBI Governor

RBI Governor Sanjay Malhotra has said there are no plans to raise foreign ownership in banks beyond 15% for now. A review of ownership norms is underway as India needs more banks with credible owners

ED raids 15 places in Mumbai, Kochi in ₹65 cr Mithi River desilting scam

The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities

Actor Jeetendra, family-owned firms sell Mumbai land for ₹855 crore

2.39-acre Andheri plot, which includes Balaji IT Park, has been sold by Jeetendra Kapoor's family to NTT Global Data Centres & Cloud Infrastructure India

'No MBA. Just hustle': How Mumbai auto driver earns ₹5-8 lakh a month

A Mumbai auto-rickshaw driver has become an internet sensation, especially on LinkedIn, for building a genius business outside the US Consulate.

'No MBA. Just hustle': How Mumbai auto driver earns ₹5-8 lakh a month

A Mumbai auto-rickshaw driver has become an internet sensation, for offering a paid service to store visitors' bags while they attend their appointments at Mumbai's US Consulate

527 buildings in Navi Mumbai deemed dangerous; audit must for 30-year-olds

As many as 527 buildings in Maharashtra's Navi Mumbai Municipal Corporation (NMMC) limits have been identified as "dangerous" during a survey for 2024-25, the civic body has said. It is mandatory for buildings in use for more than 30 years to undergo a structural audit by a civil or structural engineer registered with the Navi Mumbai Municipal Corporation, the NMMC said in a release issued on Wednesday. "A survey of dangerous buildings under the municipal limits for the year 2024-25 has identified 527 buildings as dangerous" under provisions of the Maharashtra Municipal Corporation Act, it said. The occupants have been advised to vacate such premises immediately, the release said. The civic body has appealed to the residents, owners and institutions to get the structural audits of such buildings conducted and submit the report to the respective assistant civic commissioner or the assistant director of urban planning by September 30. The age of the building is to be determined from