Page 15 - Mumbai

Kanakia, US-based Hines, Japanese firms partner for $1 bn project in Mumbai

Consortium will develop a premium office project in Mumbai's Bandra Kurla Complex, India's costliest office hub

Prestige Estates, Valor Group to develop ₹4,500 cr office complex in Mumbai

Realty firm Prestige Estates Projects Ltd has partnered with Valor Group to develop an office complex worth Rs 4,500 crore in Mumbai. In a regulatory filing on Thursday, Prestige Estates said that it has entered into a framework agreement with Valor Estate Ltd and its wholly owned subsidiaries for jointly developing a project on lands admeasuring in the aggregate 21,978.22 square metres at Andheri West, Mumbai. The project entails a total leasable area of 1.5 million sq ft and a Gross Development Value (GDV) of about Rs 4,500 crore. Both Prestige Estates and Valor will have a 50 per cent economic interest in the project. "The company and Valor Group shall jointly develop approximately 1.50 million sq. ft. leasable area commercial office complex on a 50:50 joint venture basis," Prestige Estates said. The company will infuse Rs 504 crore into the SPV (special purpose vehicle), which will be established to develop this project. Bengaluru-based Prestige Estates is one of the leading

Realisation worries, capital expenditure likely to hit NMDC stock

In Q4FY25, volume growth picked up. NMDC implemented price hikes in FY25. In future, volume pick-up and stable realizations will be key

Sunteck Realty appointed for ₹1,100 cr redevelopment in Andheri East

Sunteck will redevelop a 2.5-acre housing society in Mumbai's Andheri East with an expected free sale area of 2.75 lakh sq ft and a project value of ₹1,100 crore

PM Modi's 11-year reign will be written in golden letters in history: Shah

Union Home Minister Amit Shah on Tuesday said that Prime Minister Narendra Modi's 11-year reign will be written in golden letters in history. Speaking at the 150th anniversary of Madhavbagh Laxminarayan temple here, Shah, who spoke in Gujarati, said that those who didn't know the value of "ek chutki sindoor" were informed about it through 'Operation Sindoor'. "Modi has completed 11 years as the prime minister. The son of Gujarat is committed to the nation's development, economic growth and national security. Those who violated the national security have been taught a lesson," he said. PM Modi has made people feel proud to be an Indian and enhanced the value of the Indian passport overseas, the home minister said. Shah said it was due to the strong political will that the Ram Mandir in Ayodhya and Kashi Vishwanath corridor were constructed during Modi's tenure. He lauded the efforts of trustees in running the Madhavbagh Laxminarayan Temple in the heart of Mumbai. The institution h

Spike in covid-19 cases: India logs over 1,000 active cases, states on alert | Delhi covid cases

As of May 26, the country has recorded 1,009 active infections, a significant increase from just 257 cases a week ago. Know about the variants and the state-wise breakdown of cases.

Mumbai rains: City hit by early monsoon chaos; parts of city under red, orange alert today

Heavy rains lashed Mumbai as the monsoon arrived 12 days early, causing waterlogging, flight delays, and local train disruptions. IMD has issued alerts across the city and surrounding districts.

Mumbai rains: Memes capture flooded streets, traffic jams and city spirit

Mumbai rains brought traffic snarls, flooded hospitals and office woes on Monday, while netizens found humour in the chaos, sharing memes on monsoon mayhem and the city's spirit

Heavy rainfall brings Mumbai to a standstill; train & flight operations hit

Mumbai rain updates: The heavy downpour has led to waterlogging on several railway tracks, causing delays in suburban train services

54 per cent of Maharashtra's GSDP comes from only 7 districts: Govt report

Only seven out of 36 districts in Maharashtra contribute 54 per cent of the gross state domestic product (GSDP), which stood at Rs 45 lakh crore in 2024, a government report has said, indicating a stark regional imbalance. These seven districts, where economic activities are largely concentrated in the state, which is considered an economic powerhouse in the country, include two districts of Mumbai, Pune and Nagpur. The report submitted to the 16th Finance Commission revealed that 18 districts have a growth rate less than 0.8x of the GSDP expansion rate and per capita income below average state income. GSDP measures the total value of goods and services produced within a state's boundaries during a specific period. While Maharashtra's per capita income was 148 per cent of the national average, 12 districts in the state have per capita income below the national average, it said. According to the report, the state government has formulated district strategic plans spanning five year

Shinde sets June 7 deadline to finish drain cleaning in Mumbai region

As the financial capital experiences pre-monsoon showers, Maharashtra Deputy Chief Minister Eknath Shinde on Friday directed the municipal administration to complete all ongoing drain cleaning work in Mumbai city and its suburbs by June 7. He told officials concerned that the silt removed from drains should be picked up within 48 hours and warned those showing negligence in the cleaning of nullahs would face action. Shinde, who holds the urban development and housing portfolios, began the inspection of the drain cleaning work at around 2 pm and visited areas like Usha Nagar and Usha Complex in Bhandup, Nehrunagar drain in Wadala, and a drain near Dharavi T-Junction in Dadar. Talking to reporters, Shinde said with indications of an early arrival of the south-west monsoon in Mumbai, instructions have been issued to authorities to complete the drain cleaning work on time. So far, 85 per cent of major drains and 65 per cent of minor ones have been cleaned, the deputy CM maintained ...

Mumbai University Admission 2025: Deadline ends today for UG, PG courses

Mumbai University admission process 2025 for several UG and PG courses in the field of Science, Arts, Commerce and Management programme is underway till today on May 23, 2025 at mu.ac.in

Nagarro leases 700,000 sq ft of office space in Gurgaon for GCC operations

German IT firm Nagarro has leased 706,000 sq ft in Gurugram's Sector 18 for its global capability centre, paying ₹2.9 crore monthly rent with a 12-year lease agreement

2 Covid deaths in Maharashtra since Jan, 52 cases present: Health dept

Maharashtra has reported two COVID-19-related deaths since January this year, the state health department said on Tuesday. In a release, the department said both fatalities were reported from Mumbai and involved patients with comorbidities (simultaneous presence of two or more medical conditions in a person). One of the deceased had nephrotic syndrome with hypocalcemia seizure, while the other was a cancer patient, it said. The release said a total of 6,066 swab samples have been examined for coronavirus since January, of which 106 tested positive for the infectious disease. Of these, 101 were from Mumbai and the remaining from Pune, Thane, and Kolhapur. Currently, 52 patients are undergoing treatment for mild symptoms, while 16 are being treated at hospitals, said the department. "A spike in COVID-19 cases is not only being seen in Maharashtra, but also in other states and even other countries, the release stated.

Rain lashes parts of Mumbai, more showers likely in Maharashtra till May 24

Heavy rainfall accompanied with thunderstorm and lightning lashed several parts of Mumbai on Tuesday evening, slowing down road traffic, officials said. They said the intensity of the pre-monsoon rain was higher in eastern and western suburbs of Mumbai as compared to the city, which received only light showers. In western suburbs, Jogeshwari received the highest rainfall of 63 mm, followed by 57 mm in Andheri (Malpa Dongri) and 40 mm in Andheri (East) by 8 pm, informed the officials. In eastern suburbs, Powai received the highest 38 mm rainfall, followed by 29 mm in Bhandup (S ward office) and 27 mm in Tembhi Pada, they said. Light to moderate rainfall was recorded in the metropolis between 8 pm and 11 pm with western suburbs receiving the highest precipitation, according to Brihanmumbai Municipal Corporation (BMC) officials. The island city recorded an average rainfall of 12.86 mm, while eastern and western suburbs received 15.65 mm and 26.63 mm rainfall, respectively, in three .

300 km of viaducts completed for Mumbai-Ahmedabad bullet train: NHSRCL

With the launch of a 40 metre-long girder near Surat in Gujarat, 300 km of viaducts for the Mumbai-Ahmedabad bullet train project has been completed, the National High Speed Rail Corporation (NHSRCL) said on Tuesday. According to the NHSRCL, of the 300 km of the superstructure, 257.4 km is constructed through the Full Span Launching Method (FSLM), including 14 river bridges, 37.8 km through Span by Span (SBS), 0.9 km of steel bridges (10 spans ranging from 60 to 130 m in 7 bridges), 1.2 km PSC bridges (20 spans ranging from 40 to 80 metres in 5 bridges) and 2.7 km in station building. Besides the viaducts, 383 km of pier work, 401 km of foundation and 326 km of girder casting has been completed for the 508-km bullet train project, the agency said. FSLM has significantly accelerated construction, as full-span girder erection is up to 10 times faster than conventional segmental methods, NHSRCL said. Each full-span box girder weighs 970 metric tonnes, and segmental girders are used ..

Buying a car in Maharashtra? Proof of parking space may soon be mandatory

If you can't park it, you can't register it. Maharashtra government is likely to mandate proof of parking space for new vehicle registrations; aims to curb congestion and illegal parking in cities

RBI gives in-principle nod to Emirates NBD for India subsidiary setup

The Reserve Bank of India on Monday said it has decided to grant "in-principle" approval to UAE-based Emirates NBD Bank PJSC for setting up a wholly-owned subsidiary in India. Emirates NBD Bank PJSC is currently carrying on banking business in India in branch mode through its branches located in Chennai, Gurugram and Mumbai. "The in-principle approval has been granted to the bank for setting up a WOS (wholly-owned subsidiary) through conversion of its existing branches in India," the Reserve Bank said in a statement. RBI further said it would consider granting a licence for commencement of banking business in WOS mode of the Banking Regulation Act, 1949 to Emirates NBD Bank PJSC, on being satisfied that the bank has complied with the requisite conditions laid down by RBI as part of "in-principle" approval. According to the bank's website, Emirates NBD India branches offer a range of banking services for both personal and corporate clients. It also offers an exclusive banking ...

Bollywood actress Taapsee Pannu buys Rs 4.33 cr flat in Mumbai's Goregaon

According to the IGR property registration documents reviewed by Square Yards, the property is located in a ready-to-move-in residential project known as Imperial Heights

Shreya Ghoshal announces new dates for her Mumbai concert 'All Hearts Tour'

Originally slated for May 10, Shreya Ghoshal's 'All Hearts Tour' concert in Mumbai will now take place on May 24. The delay came in light of the India-Pakistan conflict