Runwal Wins Rs 50 Billion South Mumbai Redevelopment Rights

21 Jan 2026 CW Team

Runwal Enterprises has secured rights to redevelop two prime land parcels in south Mumbai’s Marine Lines and Bandra, with a combined gross development value exceeding Rs 50 billion.

Both developments will be executed under the cluster redevelopment framework outlined in Regulation 33(9) of the Development Control and Promotion Regulations, a state-led initiative aimed at accelerating urban renewal and infrastructure growth. The developer plans to invest around Rs 25 billion across the two projects, involving more than 600 housing society members, and is currently in the process of securing government approvals.

The Marine Lines project, located at a sea-facing site near Saifee Hospital, will have a development potential of about 0.5 million sq ft. The Bandra project, spread over 2.5 acres, is expected to generate substantial value from its free-sale components. Construction on both projects is slated to begin in the next financial year.

Subodh Runwal, Director at Runwal Enterprises, said the agreements mark the redevelopment of two private housing societies, including the revival of the Marine Lines project, which had been stalled for over a decade.

Infrastructure Transport

06 Feb 2026

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..