Navi Mumbai civic body excels with Rs 465.7 Cr property tax collection

Maharashtra clears Rs 23,487 cr Metro Line 11 and key transport projects

Mumbai, 4 September 2025: In a major infrastructure push, the Maharashtra Cabinet has approved key urban transport projects, including the Rs 23,487.51 crore Metro Line 11 connecting Anik Depot–Wadala to the Gateway of India. The line, an extension of Metro Line 4 (Wadala–Thane–Kasara–Vadavli), will feature 13 underground and one elevated station, with 70 per cent of the corridor planned underground.The Cabinet also cleared the procurement of 238 new air-conditioned local trains under the Mumbai Urban Transport Project (MUTP) Phase III and IIIA, with Rs 4,826 crore allocated. Further, ..

Max Estates acquires Gurugram land for Rs 3,000 crore housing project

Gurugram, 6 September 2025: Max Estates has acquired a 7.25-acre land parcel in Sector 59, Gurugram, to develop a premium residential project with an estimated sales potential of over Rs 3,000 crore. The project will have a total development potential of 1.3 million sq ft.The company’s board has approved the acquisition of Base Buildwell Pvt Ltd (BBPL), a special purpose vehicle holding the licence and development rights for the site on Golf Course Extension Road. The transaction involves purchasing 100 per cent of BBPL’s share capital, comprising 10,000 equity shares of Rs 10 each and 24,..

Mumbai to get 238 new AC local trains under MUTP expansion

Mumbai: In a major push to upgrade Mumbai’s lifeline, the Mumbai Rail Vikas Corporation (MRVC) has initiated the procurement of 238 fully air-conditioned trains, just four days after the Maharashtra Cabinet cleared the ambitious plan.The project, part of the Mumbai Urban Transport Project (MUTP) Phase III and IIIA, will add 2,856 Vande Metro coaches in 12, 15, and 18-car formations. The first prototype rake is expected to arrive in two years from the contract award date. Two dedicated depots will be developed at Bhivpuri (Central Railway) and Vangaon (Western Railway) for long-term maintenan..