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Mumbai

262 posts
HDIL Insolvency Proceedings Stall MahaRERA Complaint – Homebuyers Left in Limbo

HDIL Insolvency Proceedings Stall MahaRERA Complaint – Homebuyers Left in Limbo

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has adjourned complaints filed by homebuyers against HDIL sine die due to the insolvency moratorium mandated under the Insolvency and Bankruptcy Code (IBC). The decision was held by Ravindra Deshpande on August 20, 2019, leaving homebuyers in uncertainty as they await resolution through the ongoing Corporate Insolvency Resolution Process (CIRP).
Lata Mangeshkar’s Thoughtful Real Estate Move: A Backup Plan in Parel

Lata Mangeshkar’s Thoughtful Real Estate Move: A Backup Plan in Parel

Lata Mangeshkar, the Nightingale of India, once made a thoughtful real estate move to secure a backup residence in Parel, anticipating disruptions from the proposed Peddar Road Flyover. Although she never moved from her iconic “Prabhu Kunj” home, this decision reflects the legendary singer’s practical approach to maintaining peace and comfort in her life.
Maharashtra Government Directs Builders to Not Hire Bangladeshi Workers

Maharashtra Government Directs Builders to Not Hire Bangladeshi Workers

The Maharashtra government has instructed builders and contractors in Mumbai to not hire Bangladeshi workers and to report any such workers to the police. BJP MLA Atul Bhatkhalkar announced the directive, emphasizing compliance as a security measure. Industry stakeholders are discussing its impact on the labor force.
Double-Decker Flyover Inaugurated in Mira Bhayander to Improve Connectivity

Double-Decker Flyover Inaugurated in Mira Bhayander to Improve Connectivity

MMRDA has inaugurated a double-decker flyover in Mira Bhayander as part of Metro Line-9, designed to decongest major traffic bottlenecks and improve road connectivity. Built with a shared pier structure, the 850-meter-long flyover enhances urban mobility by integrating metro and road transport. The project is expected to reduce travel time, improve traffic flow, and support sustainable transport solutions in one of Mumbai’s fastest-growing suburbs.
MMRDA Allocates Land to NPCI in BKC for Global Headquarters

MMRDA Allocates Land to NPCI in BKC for Global Headquarters

MMRDA has allocated land in Bandra Kurla Complex (BKC) to NPCI for its global headquarters, reinforcing Mumbai’s role as a fintech and digital payments hub. The headquarters will drive advancements in AI-driven financial services, cybersecurity, and blockchain, attracting startups and investors. This move aligns with India’s growing dominance in digital transactions and ensures continued leadership in global payment solutions.