Mumbai Coastal Road's initial phase unveiled

12 Mar 2024 CW Team

The inaugural ceremony for the first segment of the Mumbai Coastal Road took place on March 11, 2024, with Chief Minister Shinde lauding it as an extraordinary engineering accomplishment. The Coastal Road, a pivotal infrastructure project aiming to alleviate traffic congestion and enhance connectivity along Mumbai's coastline, received accolades for its innovative design and construction.

During the ceremony, Chief Minister Shinde emphasised the significance of the Coastal Road in transforming Mumbai's transportation landscape, offering smoother and faster commutes for residents. He commended the collaborative efforts of engineers, planners, and workers involved in bringing the project to fruition, labelling it as a testament to Mumbai's commitment to progress and modernization.

The Coastal Road project has been hailed as a crucial development initiative, promising to enhance the city?s infrastructure while mitigating environmental concerns. Its completion is expected to significantly reduce travel times and congestion along Mumbai's coastal areas, benefitting both commuters and the local economy.

The inauguration of the first phase marks a milestone in the ambitious endeavor, signaling the beginning of a transformative journey for Mumbai's transportation network. With further phases slated for completion in the coming years, the Mumbai Coastal Road project aims to redefine the city's connectivity and accessibility, heralding a new era of mobility for its residents.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..