Mahalaxmi Archives - Square Feat India

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Railways to Monetise Nearly 20 Acres of Prime Mumbai Land for Over ₹8,092 Crore

The Indian Railways’ Rail Land Development Authority (RLDA) is set to transform Mumbai’s urban landscape by monetizing close to 20 acres of prime railway land in Bandra East, Parel, and Mahalaxmi. This ambitious project, with a targeted value of over ₹8,092 crore, is designed to create a significant non-tariff revenue stream for the railways while injecting a much-needed supply of new commercial and residential properties into Mumbai’s perpetually constrained real estate market. Offered on a long-term, 99-year lease, the initiative aims to attract leading developers through a transparent e-tendering process, signaling a major step in unlocking the value of railway assets for urban growth and infrastructure modernization.

SquareFeatIndia
September 11, 2025
3 minute read

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Railways Floats Tender for 99-Year Lease of Mahalaxmi Railway Land Worth Nearly ₹1,000 Crore

The RLDA has announced a major land lease opportunity in Mumbai’s Mahalaxmi, inviting bids for the 99-year lease of 10,801 sqm land valued at nearly ₹1,000 crore.

SquareFeatIndia
September 2, 2025
2 minute read

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Manoj Modi sells 2 flats in Byculla for Rs 41.5 Cr

Manoj Modi, a close aide of Mukesh Ambani, of the Reliance Industries…

SquareFeatIndia
October 18, 2022
2 minute read

Asia Pacific office leasing rose 11% to 105.5 million sq ft in 2025, with India accounting for 68% of total demand across the region, according to Colliers’ latest market insights report.

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India Dominates Asia Pacific Office Market as Regional Leasing Touches 105 Million sq ft in 2025

Asia Pacific office leasing rose 11% to 105.5 million sq ft in 2025, with India…

SquareFeatIndia
March 6, 2026

The Maharashtra government has approved a one-year renewal of rented office space for the Divyang Welfare Department at Mittal Tower, Nariman Point, increasing the monthly rent to ₹7.03 lakh with a 5% escalation.

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Maharashtra Govt Approves ₹7.03 Lakh Monthly Rent for Disability Welfare Department Office at Nariman Point

The Maharashtra government has approved a one-year renewal of rented office space for…

SquareFeatIndia
March 6, 2026

MHADA has signed tripartite and construction agreements for the redevelopment of the historic GTB Nagar colony in Sion Koliwada, Mumbai. The 11.2-acre project will build three high-rise towers to rehabilitate around 1,200 residents.

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MHADA’s First Private Land Redevelopment: GTB Nagar Project in Sion Koliwada Moves to Implementation Stage

MHADA has signed tripartite and construction agreements for the redevelopment of the…

SquareFeatIndia
March 5, 2026

In a landmark order, the Supreme Court directed a CBI inquiry into DLF's premium Gurugram project 'The Primus,' citing a glaring mismatch between promised luxury amenities and on-ground realities, while slamming authorities for failing to protect homebuyers who invested life savings.

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Here’s Why the Supreme Court Initiated a CBI Probe into DLF’s The Primus Project

In a landmark order, the Supreme Court directed a CBI inquiry into DLF's premium…

SquareFeatIndia
March 5, 2026