Mahindra Lifespace to Redevelop Two Societies in Chembur

18 Sep 2025 CW Team

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure arm of the Mahindra Group, has been selected to redevelop two societies in Chembur, Mumbai, with a combined gross development value of approximately Rs 17 billion.

The societies cover around 2.6 acres and 1.8 acres respectively. The redevelopment plans include well-designed homes prioritising sustainability, modern amenities, and enhanced connectivity, aiming to offer residents a superior living experience while creating long-term value through environmentally responsible practices.

Vimalendra Singh, Chief Business Officer – Residential, MLDL, said, “Redevelopment continues to play an important role in our growth journey. It enables us to bring high-quality residential projects to neighbourhoods where demand remains strong. We are grateful for the trust the societies have placed in us and look forward to contributing to Chembur’s growth story.”

Located in the Diamond Garden area, the projects benefit from Chembur’s strategic position connecting Mumbai’s business districts with the eastern suburbs. The sites are 1.5 kilometres from the Eastern Freeway, providing direct access to Thane, Navi Mumbai, and other key city areas. Connectivity will be further enhanced by the nearby Diamond Garden Metro Station on Line 2, as well as Monorail and railway links. Proximity to business hubs such as BKC and Powai positions the projects for strong future value creation.

Infrastructure Energy

17 Nov 2025

NTPC Plans Coal Gas Push And Expands Nuclear Pipeline

State-owned power producer NTPC Ltd is preparing to enter the coal gasification segment, targeting annual output of at least 5–10 million tonnes within the next three to four years, according to a senior company official. The cost of producing synthetic gas is projected at roughly USD 10–12 per million British thermal units. NTPC expects the pricing of its gas to remain competitive with the delivered cost of liquefied natural gas and anticipates no difficulty in securing buyers. The output will either be supplied to the domestic market or used in the company’s own facilities, with NTPC ..

SECL Launches Coal India’s First Paste Filling Project

South Eastern Coalfields Limited (SECL) has marked a major step towards safer and more sustainable underground mining with the groundbreaking of Coal India’s first Paste Filling Technology project at the Singhali Underground Mine in the DSB Sub-Area of the Korba Area. The initiative, guided by SECL Chairman-cum-Managing Director Shri Harish Duhan, represents a pioneering move towards environmentally responsible underground mining. The Bhoomi Pujan (groundbreaking ceremony) was carried out with enthusiasm in the presence of senior SECL officials and employees. Shri Ramesh Chandra Mohapatra,..

Odisha Plans New Rail Corridors To Boost Logistics

Odisha is strengthening its logistics network as part of its port-led industrialisation strategy and is considering new railway corridors under the public–private partnership model to drive economic growth across the hinterland. Official sources said a new rail corridor has been proposed for the Talcher coalfields at an estimated cost of Rs 48.82 billion, along with the Gopalpur–Rayagada–Jeypore economic corridor, which will include both road and rail connectivity. Additional port-linked rail corridors are also being planned in various regions. A recent high-level meeting chaired by Ch..