BMC to Sell 426 Flats for Low-Income Groups in Mumbai

23 Oct 2025 CW Team

The Brihanmumbai Municipal Corporation (BMC) has announced the sale of 426 affordable flats under the Lower Income Group (LIG) category in Mumbai. The housing units, located in areas such as Goregaon, Mankhurd, and Kurla, will be sold through an online lottery system managed by the civic body.

According to officials, this initiative aims to provide affordable housing options for economically weaker sections and lower-income families within the city. The draw will be conducted transparently, with applications, payments, and document submissions handled digitally.

The project aligns with BMC’s broader effort to promote inclusive urban development and reduce the housing gap in Mumbai. Interested applicants can register on the civic body’s official portal, where details on eligibility, payment structure, and deadlines are available.

Real Estate

03 Jun 2026

India Data Centre Capacity Surpasses 1.6 GW in 2025

India's data centre market has crossed 1.6 GW of live IT capacity across seven key markets in 2025, up from 296 MW in 2016, according to Knight Frank India's India Data Centre Market Update 2025. The sector added 371.5 MW of capacity during 2025, following 361.6 MW added in 2024, reflecting sustained growth driven by artificial intelligence (AI), cloud adoption, enterprise digitisation and data localisation requirements. The report notes that committed and early-stage development pipelines now exceed 8 GW, supported by investment commitments of more than USD 100 billion. AI-related colocation..

BigBloc Q4 Revenue Rises 34.6 Per Cent to Rs 869.3 Million

BigBloc Construction reported consolidated revenue from operations of Rs 869.3 million in Q4 FY26, marking a 34.6 per cent year-on-year increase from Rs 645.9 million in the corresponding quarter last year. EBITDA stood at Rs 70.6 million, reflecting stable performance despite continued pressure on the building materials sector. For FY26, the company posted revenue from operations of Rs 2.83 billion, up 26.2 per cent from Rs 2.25 billion in FY25. EBITDA for the year stood at Rs 229.3 million, with an EBITDA margin of 8.09 per cent. Commenting on the performance, Mohit Saboo, Director & CFO, ..

John Crane Retrofit Cuts Water Use at Copper Mine Pump

John Crane has retrofitted a mechanical seal on a large underflow thickener slurry pump at a major copper mining operation, reducing sealing water consumption by around 288,000 litres per day while improving maintenance efficiency on a critical asset.The retrofit replaced the pump's traditional stuffing box arrangement, which required shaft sleeve replacement every four months due to abrasive wear. These maintenance activities involved significant downtime, a 100-tonne crane and extensive manpower.John Crane developed a mechanical seal package that could be installed without modifying the exis..