Mumbai high rise buildings projected to rise over 30%

31 May 2024 CW Team

Mumbai is set for another surge in vertical development, with projections indicating a rise of over 30% in high-rise buildings throughout this decade. Until 2023, 154 towers exceeding 40 floors had been completed. Now, between 2024 and 2030, this number is expected to increase to 207, marking a significant 34% escalation during this period. Anarock reports that these 207 towers are currently in various stages of construction and are slated for completion anytime between 2024 and 2030.

As a city facing limitations in land availability, Mumbai leads the nation in skyscraper construction. Despite trends indicating a reversal in other cities post-Covid-19, Mumbai's high-rise development remains unabated. South central Mumbai holds the lion's share of towers exceeding 40 floors, with around 103 towers, constituting approximately 29% of the total. The central suburbs follow closely behind with 87 towers, while the western suburbs boast 80 high-rises. Thane, witnessing a recent adoption of the high-rise trend, is catching up with 61 towers in progress.

Various areas such as Byculla, Worli, Lower Parel, and Thane city are witnessing significant concentrations of these high-rise developments. Notably, around 61 high-rises in the Mumbai region exceed 60 floors each, symbolising the city's towering urban landscape and economic prowess.

Anuj Puri, Chairman, ANAROCK Group, specifies that exponential population growth remains a driving force behind Mumbai's skyscraper boom, emphasising that these projects have already been launched across the region, shaping the city's skyline and economic trajectory. (Source: ET Infra)

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..