BMC OC Amnesty Scheme Requires Key Approvals from Mumbai Societies

Gurugram Emerges as Luxury Senior Living Hub

Gurugram is emerging as a potential hub for luxury senior living, supported by available land, healthcare infrastructure, connectivity and a concentration of affluent professionals, high-net-worth individuals and non-resident Indians. These factors could give the city an advantage over land-constrained metros such as Mumbai. A report by the Association of Senior Living India (ASLI) and JLL estimates that India’s organised senior living market could represent a $10.1 bn opportunity by 2030. The sector had about 25,050 organised units as of June 2026, while penetration stood at only 1.5 per ce..

Corrosion Costs India’s Infrastructure Rs. 142 bn Annually

Corrosion costs India an estimated Rs. 1.42 tn annually, equivalent to 4.3 per cent of gross domestic product, according to a report by the Confederation of Indian Industry and the National Research Institute. Infrastructure accounts for Rs. 142 bn of the annual burden, making it the sector with the largest absolute cost among those examined. The report, presented at the CII Annual Infrastructure Summit 2026, said the infrastructure-sector cost equals about 2.9 per cent of the sector’s gross domestic product. It estimated that effective measures could generate maximum savings of Rs. 495.8 bn..

Mumbai’s 10 Per Cent Water Cut to Continue Despite Full Lakes

Mumbai’s 10 per cent water cut is likely to continue until at least the end of September, despite the city’s seven major reservoirs reaching nearly full capacity. The Brihanmumbai Municipal Corporation (BMC) is retaining the restriction as a precaution before the drier months and will review the position after monitoring lake levels through September. As of September 9, the reservoirs held about 1.4 tn litres of water against a combined capacity of 1.45 tn litres, representing nearly 96 per cent storage. Additional municipal commissioner Vipin Sharma said the civic administration was cauti..