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Projects in Mumbai

affordable homes

Make Policies Mandatory For Affordable Housing Says BMC

In order to provide more affordable houses in Mumbai, the BMC has suggested the state government for more policies making it mandatory for developers to provide affordable housing units as part of their projects. This inspiration has been taken from other countries such as Canada, USA, UK, France, Italy and Spain, where there are policies […]

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Bhendi bazar

Bhendi Bazar Redevelopment Gets Final Nod

The Maharasthra state government has given a green signal for redeveloping Bhendi Bazar. The redevelopment of this commercial and residential locality will begin in early 2014. The project is expected to be completed in three years. Bhendi Bazar redevelopment project Bhendi bazar is a commercial and residential locality in South Mumbai and spans across about […]

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Mumbai Metropolitan Region Sees Progress in Metro Projects

The metro projects in Mumbai Metropolitan Region (MMR) seem to be making a progress amidst certain delays. While the Mumbai Metropolitan Region Development Authority (MMRDA) has invited bids for its underground metro line between Colaba and SEEPZ in Mumbai, the City and Industrial Development Corporation (CIDCO) in Navi Mumbai, is planning to extend its Belapur-Taloja […]

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Rupee Fall May Hit Infrastructure Projects

The current fall in rupee value against the dollar may hit some major future infrastructure projects in Mumbai such as Metro lines II and III. There is an expected 10% rise in project costs, adding more burden on commuters. According to experts, the second line of Metro project between Charkop-Bandra-Mankhurd and the third line between […]

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BMC to Tweak Road Construction Contracting Norms

The Brihanmumbai Municipal Corporation (BMC) may tweak tendering norms to ensure infrastructure companies show interest in taking up road construction projects in Mumbai. BMC is considering doubling the ticket size of contracts and loading the costs on the contractors by making them responsible for annual maintenance works. The plan BMC is currently planning to concertize […]

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