Page 2 - Navi Mumbai

Office demand in Navi Mumbai rises 40% in 2024, to grow further: CRE Matrix

Demand for premium office spaces in Navi Mumbai rose 40 per cent in 2024 to 5.8 million square feet, and the leasing activities are expected to increase further on affordable rent, according to CRE Matrix. Real estate data analytics firm CRE Matrix Co-founder and CEO Abhishek Kiran Gupta noted, "Navi Mumbai is one of the most affordable office markets across major 7-8 cities, with a weighted average rental of around Rs 65 per square feet." He said the demand has been rising in the key office micro-markets of the Mumbai Metropolitan Region (MMR). In the first six months of this calendar year, he said the gross leasing of office space in Navi Mumbai exceeded by nearly 0.8 million (8 lakh) square feet. "There is a huge demand for Grade A office space in Navi Mumbai from global and domestic corporates," he said. The demand will further rise because of the infrastructure development in this part of MMR, including the new airport, Gupta observed. Tata Realty & Infrastructure Ltd, K .

Maharashtra logs 13 new Covid-19 cases, one fatality; tally hits 2,462

Maharashtra on Friday recorded 13 new cases of COVID-19, which took the tally of infections to 2,462, and one death, the health department said. A 65-year-old woman suffering from comorbidities, including rheumatoid arthritis, died in Kolhapur, an official said. Since January 1, the state has recorded 2,462 COVID-19 cases and 37 deaths, the department said. Of the fresh cases, five were reported from Pimpri Chinchwad, three from Nagpur, two from Pune and one each from Thane, Navi Mumbai, and Satara, an official statement said. The health department has conducted 28,486 COVID-19 tests across the state since January 1, and 2,277 patients have recovered from the infection till date, it said. Mumbai has reported 980 cases, including 539 in June alone, so far this year. At least 37 patients have succumbed to the virus in the state since January 1, of whom 36 had comorbidities (pre-existing health conditions that can increase the risk of severe illness), the statement said.

Adani plans ₹35,000 crore more capex in Navi Mumbai airport by FY30

Project gets interim tariff nod from Airports Economic Regulatory Authority

Akasa Air signs pact with Adani Airport to launch operations from NMIA

Akasa Air partners with Adani Airports to begin operations from Navi Mumbai International Airport, starting with 100+ weekly flights and expanding to 350+ domestic and international departures

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

IndiGo to launch first commercial flights from Navi Mumbai airport

IndiGo will start with 18 daily departures and plans to ramp up to 140 by November 2026, including international routes from NMIA

Navi Mumbai businessman duped of ₹2.74 crore in online gaming app fraud

The businessman lost the money to a gaming scam after fraudsters lured him with fake promises of a prize. Similar cases across India highlight growing cyber fraud via gaming apps

Five Bangladeshi nationals arrested in Navi Mumbai for staying illegally

Five Bangladeshi nationals have been arrested from a locality in Navi Mumbai for allegedly staying in the country without valid documents, police said on Tuesday. A team from the Anti-Human Trafficking Cell (AHTC) of Navi Mumbai Police raided a premises at Karanjade in Panvel on Sunday morning and found six Bangladeshi nationals, including two women, living there, a police spokesperson said. He said five were taken into custody after preliminary verification of their immigration status. "Three of the accused overstayed in India even after their visas had expired, while the other two had entered the country illegally without any valid travel documents or permissions," the official said. He said investigations revealed that the accused had managed to fraudulently acquire Indian identity documents, including Aadhaar and PAN cards and voter IDs. Three accused had even secured Indian passports, he added. The official said an FIR has been registered at the Panvel Town police station ag

As Navi Mumbai airport gears up for takeoff, realty to spread wings

Adani Realty, Godrej Properties, Hiranandani Group, K Raheja Corp, Panchshil Realty among many to ready residential and commercial projects

Navi Mumbai woman says judges part of 'dog mafia', HC sends her to jail

A bench of Justices GS Kulkarni and Advait M Sethna held the woman in criminal contempt of the Court for circulating a letter alleging the justices were on the side of a so-called 'dog feeders' mafia'

Godrej Properties acquires CIDCO land in Navi Mumbai for Rs 717 crore

Earlier, in October 2024, the company had emerged as the highest bidder for these plots with a revenue potential of Rs 3,500 crore

5 foreign universities to open campuses in Navi Mumbai: CM Fadnavis

Five foreign universities have evinced interest to set up a campus in the satellite city of Navi Mumbai, Maharashtra's Chief Minister Devendra Fadnavis said on Tuesday. These include three from the US, which is among the top 50 in the world, and one each from Australia and the UK, the chief minister said while speaking at a USIBC event here. The state is yet to sign a formal memorandum of understanding with the universities as they can enter into such an agreement only after getting a nod from the University Grants Commission, he added. The state is following up with UGC on the matter, and the universities will come up on an education city coming up in an urban settlement coming up across the harbour touted as the "Third Mumbai", he said. Fadnavis said Maharashtra is carving out dedicated zones with shared infrastructure in the new city dedicated to certain activities, like education, innovation, data centres, medical centres, sports etc. The new city will be three times bigger th

Navi Mumbai airport to be inaugurated in June, says Gautam Adani

The upcoming Navi Mumbai International Airport will be inaugurated in June, Adani Group Chairman Gautam Adani said on Sunday. Earlier, it was set for inauguration on April 17. The greenfield airport -- the second such facility in the Mumbai Metropolitan Region after the Chhatrapati Shivaji Maharaj International Airport -- is being developed by a special purpose vehicle, NMIAL, which is a 74:26 joint venture between Adani Airport Holdings Ltd (AAHL) and City and Industrial Development Corporation of Maharashtra (CIDCO). Prime Minister Narendra Modi in February 2018 laid the foundation stone for the new airport, which is coming up at an investment of Rs 16,700 crore with an aim to reduce the congestion at the capacity-constrained Mumbai Airport, along with meeting the soaring demand for air travel in the country. "A glimpse into India's aviation future! Visited the Navi Mumbai International Airport site today a world-class airport taking shape. Set for inauguration this June, it wil

Mumbai's super-rich just got their own airport terminal. Details here

Mumbai's elite, including billionaires, Bollywood stars, and top politicians, will get an exclusive VVIP terminal at Navi Mumbai Airport, set to be completed by 2030

Navi Mumbai airport likely inauguration in April, operational launch in May

The airport is expected to commence international operations by July next year, Arun Bansal, chief executive officer (CEO), Adani Airport Holdings Limited (AAHL)

Inspection done, Navi Mumbai airport likely to be inaugurated on April 17

Previously, the airport had encountered some setbacks. During a commercial flight test on December 29, an IndiGo A320 aircraft landed on runway, prompting the DGCA to highlight certain readiness

Panchshil Realty affiliate buys land parcels worth Rs 615 cr in Navi Mumbai

Gramercy Info Park Private Limited is located in Pune and was incorporated in 2022

AAI finishes airspace design, flight procedures for Navi Mumbai, Noida

Airports Authority of India (AAI) on Friday said it has completed airspace design and flight procedures for the two upcoming airports in Navi Mumbai and Noida. Both the Navi Mumbai International Airport and Noida International Airports at Jewar in Uttar Pradesh are scheduled to become operational from April this year. Airports Authority of India said the completion of the airspace design and flight procedures underscores AAI's expertise in managing complex airspace configurations, especially for airports situated near some of the busiest aviation hubs in the country. This will help in enhancing operational efficiency at these new airports, paving the way for future growth in one of the world's most dynamic aviation markets, it said. AAI, which provides air navigation services to the airports pan-India, will be managing these services at the two facilities. These procedures are designed to optimise flight efficiency, with significantly reducing emissions, track miles, and flight ti

Blackstone to invest $11 bn in Maharashtra to develop infra, data centers

Blackstone signed three agreements with the Maharashtra govt at the World Economic Forum in Davos. It plans to develop office complexes, hotels, malls, and warehouses in the Mumbai 3.0 region

Drug cases rise to 654 in Navi Mumbai compared to 475 last year; 939 held

Maharashtra's Navi Mumbai township has seen a rise in drug related crimes with 654 such cases being registered this year compared to 475 in 2023, a senior police official said on Thursday. The total value of contraband seized in these cases was Rs 33.27 crore against Rs 22.97 crore last year, according the official said citing the Navi Mumbai police's annual report. As many as 939 persons were arrested in 2024 for offences under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, compared to 811 last year, he said. Among those arrested, 58 were foreign nationals, predominantly Africans, marking a rise from 37 in 2023, the official said. The contraband seized from foreign nationals this year was valued at Rs 25.70 crore, an increase from Rs 11.61 crore in 2023. Among the seized drugs, cocaine accounted for the highest value at Rs 16.70 crore, a staggering increase from Rs 1.25 crore in 2023, the official said. The police seized mephedrone (MD) valued at Rs 12.67 crore, up f