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 Urban

20 Mar 2026

Lemon Tree Hotels Signs Resort In Lonavala Maharashtra

Lemon Tree Hotels Limited (LTHL) has signed a licence agreement for Lemon Tree Resort in Lonavala, Maharashtra, with the asset to be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of LTHL. The resort will offer 50 well appointed rooms and will include a restaurant, banquet, meeting room, swimming pool, spa and fitness centre. The company described the addition as part of its strategy to expand branded resort offerings in key getaway destinations. Lonavala, located in the Sahyadri hills, is a popular leisure destination in western India known for scenic landscapes and a ..

Kalai Chettinad Art And Architecture Festival At The Lotus Palace

The Lotus Palace Chettinad will host Kalai, the Chettinad Art and Architecture Festival, a four-day, three-night immersive celebration of the artistic legacy of Chettinad from three to six April 2026. The event has been organised by Apeejay Surrendra Park Hotels Limited (ASPHL) and will take place across restored heritage properties in Chettinad. It will be designed to offer guests a layered experience of place, structure and story that connects art, architecture and living traditions. The festival aims to present a confluence of global influences and local aesthetics. Kalai has been curated i..

SJVN Reaches One bn Units At 1,000 MW Bikaner Solar Project

SJVN Limited (SJVN) has reached a milestone with its 1,000 megawatt (MW) Bikaner Solar Power Project by generating one bn units of electricity on 20 March 2026. The achievement underscores the company's role in supplying clean and sustainable energy to the national grid. The generation milestone was recorded within months of the project commencing operations and highlights rapid performance from the new facility. The Bikaner project, located in Bikaner district of Rajasthan, has been developed and implemented by SJVN Green Energy Limited (SGEL) under the Central Public Sector Undertaking Schem..