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Mumbai Metropolitan Region Development Archive

Cuffe Parade could get a New York like Central Park

The Central Park in NYC, one of the most filmed locations in the world, is spread over nearly 900 acres. Now, The BMC wants to build Mumbai’s largest park in south Mumbai, on the lines of the historic Central Park in New York City. The civic body has proposed to reclaim 300 acres off Cuffe […]

Lottery results for 4,275 MHADA homes in MMR

  MHADA, the apex public body constituted under the MHADA Act, was established in 1977 under the Housing Department Government of Maharashtra with a comprehensive approach to housing problem in the state. Every year, MHADA conducts a lottery under Konkan Housing and Area Development Board. The result for the most recent lottery will be declared […]

Mumbai Metropolitan Region- Preferred property market for investors

Despite being the most expensive property market in the country, Mumbai Metropolitan Region continues to be the prime market for attracting investor interest. Structured equity or debt was the preferred route of investment as the city received the major portion of private equity investments in the past year. Out of the total Rs 19,500 crore, […]

Reliance Industries Liable to Pay Rs. 341cr to MMRDA

As per the response to an RTI query, Mumbai Metropolitan Region Development Authority (MMRDA) would levy additional premium charges on Reliance Industries Ltd. (RIL) a company led by Mukesh Ambani for delay in development of a joint property in the posh BKC area. The amount of penalty would be Rs.341 crore for failing to develop […]