Page 22 - Mumbai

Hiranandani Group enters Pune market with Rs 7,000 crore JV project

The company will develop a 105-acre integrated township in Hinjewadi, Pune

New India Cooperative Bank's GM held in Rs 122 cr fraud: How it happened

The bank's general manager allegedly withdrew cash from the bank's Prabhadevi and Goregaon branches, siphoning off funds since the Covid-19 pandemic

205 Guillain-Barre Syndrome cases detected in Maharashtra, toll hits 8

Maharashtra Health Department further said that 2 suspected new GBS cases were reported on Thursday

Mumbai reports first GBS death as Maharashtra toll climbs to eight

The patient, who was a resident of the Wadala area, was admitted to BMC-run Nair Hospital on January 23, 2025, after experiencing weakness in his legs

Lumos Alternate, Bakeri Group to set up Rs 500 cr fund for housing projects

Realty company Bakeri Group and investment management firm Lumos Alternate have partnered to set up a Rs 500 crore real estate investment platform. The platform 'Sakar Realty Fund- I', which recently received final approval from Sebi, will invest in mid-market residential projects in Bengaluru, Mumbai, Ahmedabad, and Pune, with an investment horizon of 3-4 years per project, Lumos Alternate said in a statement. It aims to provide superior returns to its investors by leveraging the exceptional execution capabilities of Bakeri Group, which has delivered more than 420 lakh square feet of real estate development over its 65-year legacy. The platform is expected to attract a diverse range of investors, including high-net-worth individuals (HNIs), family offices, and institutional investors. "The real estate market has been robust over the past few years, and many family offices and HNIs are looking to establish long-term direct partnerships with credible real estate developers who have

Arkade Developers bags cluster redevelopment project with GDV of Rs 1.7k cr

The project will offer a total saleable area of approximately 6.76 lakh square feet

Maharashtra invites realtors to develop 3,360 acres owned by state bus corp

Developers will be given commercial portions on a lease period that is proposed to be extended up to 99 years

Fire breaks out at furniture market in Mumbai's Oshiwara, 10 shops gutted

Over 20 fire engines, water tankers and other equipment were pressed into service to contain the fire that has been categorised as Level 2

India to host first 'WAVES summit' in Mumbai from May 1-4: Ashwini Vaishnaw

India will host the first World Audio Visual Entertainment Summit (WAVES) in Mumbai from May 1-4 that will bring together too media CEOs, entertainment icons and creative minds from around the globe. Information and Broadcasting Minister Ashwini Vaishnaw announced the dates of WAVES through a post on X, a day after Prime Minister Narendra Modi chaired a meeting of the Advisory Board for the summit. "This summit will bring together the world's top media CEOs, biggest entertainment icons, and creative minds from around the globe, unifying entertainment, creativity, and culture like never before," Vaishnaw said. "India is laying the foundation for becoming the creative powerhouse of the world," he said. On Friday evening, Modi interacted with eminent personalities from various fields that included Amitabh Bachchan and Mukesh Ambani regarding the World Audio Visual and Entertainment Summit (WAVES). Those who participated in the interaction include Sundar Pichai, Satya Nadella, Amitabh

Tally of nerve disorder GBS rises to 180 in Pune; Mumbai records first case

The tally of suspected Guillain-Barr syndrome (GBS) cases in the Pune region has reached 180, with the detection of seven cases, while a 64-year-old woman became the first patient diagnosed with the nerve disorder in Mumbai, officials said. The seven cases in Pune comprise four fresh cases and three from previous days, an official from the health department said on Friday. "Of the 180 suspected cases, 146 have been diagnosed with GBS. At least 35 patients are from Pune Municipal Corporation, 88 from newly added villages in the PMC area, 25 from the Pimpri Chinchwad civic limits, 24 from Pune Rural and eight from other districts. While 79 patients have been discharged, 58 are in ICU and 22 on ventilator support," a health department release said. The number of deaths in the region stood at six, it added. Mumbai reported its first case of GBS on Friday after a 64-year-old woman was diagnosed with the rare nerve disorder, civic officials said. Talking to PTI, Brihanmumbai Municipal .

Mumbai reports its first case of GBS, 64-year old woman hospitalised

Mumbai reported its first case of Guillain-Barre Syndrome (GBS) on Friday after a 64-year-old woman was diagnosed with the rare nerve disorder, civic officials said. GBS is a rare condition in which a person's immune system attacks the peripheral nerves, resulting in muscle weakness, loss of sensation in the legs and/or arms, as well as problems swallowing or breathing. Talking to PTI, Brihanmumbai Municipal Corporation (BMC) commissioner and its state-appointed administrator Bhushan Gagrani said the patient was currently undergoing treatment in the Intensive Care Unit (ICU) of a civic-run hospital. BMC officials said the woman, who resides in Andheri (East) area of the city, was hospitalised with a history of fever and diarrhoea that was followed by ascending paralysis. The woman was initially hospitalized on January 21. Within three days, she developed difficulty in walking and progressive weakness in her lower limbs, they said. A provisional diagnosis of Acute Inflammatory ...

Raymond to develop Rs 1,800 cr housing project in Mumbai with landowner

Real estate company Raymond Ltd has partnered with a landowner to develop a housing project in Mumbai with an estimated revenue potential of Rs 1,800 crore. In a regulatory filing on Friday, Raymond Ltd said that "its 100 per cent owned step-down subsidiary, Ten X Realty West Ltd, has signed a joint development agreement of a prestigious residential project in the prime location of Mahim West, Mumbai." This landmark project is estimated to have a revenue potential of approximately Rs 1,800 crore, it added. Raymond Ltd did not disclose the name of the landowner and also the size of the land as well as total development potential in the upcoming project. This significant development aligns with Raymond Ltd's growth strategy to capitalise on opportunities within the dynamic MMR (Mumbai Metropolitan Region) real estate market. "With addition of this project, the Gross Development Value (GDV) of real estate projects of the company will be close to Rs 35,000 crore," the company said. W

'Indians justifiably outraged': Bryan Johnson shares study on air quality

A study shared by US entrepreneur Bryan Johnson showed that prolonged exposure to PM 2.5 pollutants lead to liver inflammation, blood fat imbalance, and presence of liver protein markers

BlackRock planning to hire 1,200 people to expand 2 support hubs in India

BlackRock is also inheriting a so-called global capabilities center with roughly 1,500 staff in Bangalore through its proposed purchase of data firm Preqin

BMC Budget 2025 highlights: Slum biz tax, parking, zoo upgrade, and more

BMC unveils record ₹74,427 crore Budget for FY 2025-26, a 14% increase from last year

Mumbai suburban network to get new trains to reduce overcrowding: Vaishnaw

Railway Minister Ashwini Vaishnaw has said the Mumbai suburban railway would soon get new-design trains fitted with better features for passenger comfort and reducing overcrowding. Railway projects of Rs 16,400 crore are in various stages of completion for Mumbai on the Central Railway and the Western Railway, Vaishnaw said on Monday while addressing a press conference via a video link from New Delhi. He also said the current time gap between two moving local trains is 180 seconds which will be brought down to 150 seconds and subsequently to 120 seconds to reduce over-crowding and operate more services. "A plan for new design trains on the Mumbai suburban network will be announced soon," the minister said. The new design trains would have better features and acceleration, and most importantly more oxygen content inside the trains considering the crowd, he said, hinting at an improved ventilation system for coaches and improved suspension for passengers' comfort. The minister furth

Mahindra Lifespace bags Rs 950 cr redevelopment project in Mumbai

Realty firm Mahindra Lifespace Developers on Monday said it has bagged a redevelopment project in Mumbai with an estimated revenue of Rs 950 crore from the saleable area. In a regulatory filing, Mahindra Lifespace informed that the "company has been appointed as the developer for a redevelopment project in Lokhandwala Complex, Andheri West, Mumbai. The project offers a Gross Development Value (GDV) of approximately Rs 950 crore, it said, adding that the company has secured four redevelopment projects in Mumbai. Mahindra Lifespaces has been chosen as the preferred partner for the redevelopment of three residential societies together. The project will be developed under Maharashtra's cluster redevelopment policy. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace said, This strategic move strengthens our presence in the western suburbs of Mumbai. This project is in a prime location, which is well connected and offers a great lifestyle. It will be a premium ...

Rishi Sunak visits Mumbai, plays tennis-ball cricket at Parsee Gymkhana

Former British Prime Minister Rishi Sunak on Sunday visited the Parsee Gymkhana in south Mumbai and enjoyed a game of cricket, asserting he was happy that he did not get out too many times. "No trip to Mumbai is complete without a game of tennis ball cricket," he wrote on X. "Great to be with all of you at the Parsee Gymkhana Club at its anniversary celebrations. What an extraordinary achievement. So much history and so much exciting stuff to come. I managed not to get out too many times this morning," Sunak told reporters. He said he looked forward to more such visits. The iconic Parsee Gymkhana was formed on February 25, 1885 with Sir Jamsetjee Jejeebhoy as its founder president and Jamsetjee Tata as chairman. It moved to its current location along the picturesque Marine Drive in 1887.

Mumbai sees highest Jan property registrations in 13 years: Knight Frank

About 11,773 properties were registered in January 2025, up 7 per cent Y-o-Y

Steel reinforcement cage for Metro pillar collapses in Mumbai, no injuries

The steel reinforcement cage for a pillar of the Thane-Wadala Metro Line 4 collapsed on the premises of a housing society in Mumbai, officials said on Friday. No one was injured in the accident that occurred around 11 pm on Thursday at Suman Nagar Junction in the Chunabhatti area, they said. According to an official, the 8-metre-high rebar reinforcement cage, secured with ropes tied to a concrete block, for pillar number 105C collapsed onto the compound wall of a housing society. No one was injured, but the metal sheet of the society's security cabin was damaged, said an official of the Mumbai Metropolitan Region Development Authority (MMRDA), adding that a team rushed to the spot for an inspection. MMRDA has ordered an independent investigation into the incident, which will be completed within two days, the official said. The General Consultant DBEngineering-Hill-LBG, a German and US company, will conduct the investigation, and necessary action will be taken, the official ...