Modis Navnirman Begins Construction Of Rashmi Avenue In Dahisar

20 Mar 2026 CW Team

Modis Navnirman Limited has commenced construction of a mixed-use redevelopment project named Rashmi Avenue in Dahisar West, Mumbai, following a Bhoomi Poojan ceremony on March 19, 2026. The company said the event marked the formal start of work at CTS No. 829, Village Eksar, Kandarpada and signalled its continued focus on redevelopment-led growth. The development is planned as a community-centric scheme designed to respond to changing lifestyle and business needs in the neighbourhood.

Rashmi Avenue will be developed on a plot of approximately 4,836.25 square metres and will feature 225 residential apartments, 18 commercial shops and one commercial office. The redevelopment will replace an existing structure that comprises 119 residential flats and 17 commercial shops, a change the company expects will enhance utility and value of the site. The project is positioned to offer improved connectivity to key parts of Mumbai and access to essential social infrastructure.

The firm indicated that the design approach will balance contemporary aesthetics with functional living, aiming to provide comfortable and convenient urban residences for buyers. The company noted that the scheme adds to its expanding footprint in Mumbai and reinforces its ambition to create sustainable, well planned and community driven developments. The management emphasised a commitment to high quality construction, efficient design and long term value for residents and stakeholders.

The press release stated that Modis Navnirman was founded in 2010 and has positioned itself as a growing player in Mumbai redevelopment, delivering large projects with a focus on responsible innovation. The company invited interested parties to visit its website for more information and provided media contacts for enquiries. The disclosure has been filed under Regulation 30 of the SEBI listing rules and the company has recorded the ceremony with the relevant stock exchanges.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..