Mira Road station to get a makeover by Dec 2025

04 Jul 2023 CW Team

The Mumbai Rail Vikas Corporation (MRVC) has undertaken a significant project to improve the infrastructure of Mira Road station. With an estimated total cost of Rs 90 crore, the station redevelopment initiative aims to enhance passenger experience and accommodate the ever-increasing footfall at this suburban hub. The work is currently in full swing and is expected to be completed by December 2025.

The revamp plan includes wider foot over bridges, additional escalators, lifts, and wider platforms.

Sunil Udasi, Chief Public Relations Officer of MRVC said, “Due to the continuous operation of train services during the day, the work can only be carried out during limited hours at night. Despite these constraints, we will strive to complete the project and give a facelift to the station by the end of December 2025.”

The specific plan includes widening platform number one from 6 m to 10 m, constructing a 240-m-long and 10.50-m-wide deck over platform number one, and provides five escalators and three lifts. Additionally, a 10-m-wide and 65-m-long foot over bridge will be constructed, along with a 23-m-wide and 50-m-long foot over bridge. The project also involves constructing office spaces for the station manager, deputy station manager, other miscellaneous offices and a lounge, said a MRVC official.

Real Estate

07 Oct 2025

Maharashtra Sets Up Authority to Boost Self-Redevelopment

The Maharashtra government has established a Self-Redevelopment Authority to support citizens in independently redeveloping old buildings, marking a major policy step for Mumbai and the surrounding metropolitan region.BJP legislator and Mumbai District Central Cooperative Bank president Pravin Darekar will head the new Authority, which will offer end-to-end guidance on project planning, funding, developer selection, and execution. The initiative follows the approval of the state’s New Housing Policy earlier this year, which allocated Rs 2,000 crore to promote self-redevelopment.Officials sai..

MHADA Revises Premium and Payment Rules for Redevelopment

The Maharashtra Housing and Area Development Authority (MHADA) has revised its 2007 redevelopment policy to make the redevelopment of ageing housing societies in Mumbai financially sustainable.The key change involves recalibrating premium charges for commercial floor space in projects under Regulation 33(5) of DCPR 2034. The new formula links premium rates to land value, market rate, and proposed usage, replacing the earlier rule that charged 1.5 times the residential rate for commercial areas.Developers’ body CREDAI-MCHI had sought parity between residential and commercial rates to encourag..

Delhi-NCR Records Highest 24% Rise in Housing Prices

Delhi-NCR’s primary housing market witnessed a 24 per cent year-on-year rise in average prices during the July–September quarter, driven by sustained demand for luxury homes, according to data from real estate consultancy Anarock.Average residential prices in the region increased to Rs 8,900 per sq ft from Rs 7,200 per sq ft a year ago. Among India’s top seven cities, Delhi-NCR saw the sharpest price appreciation, followed by Bengaluru (10 per cent) and Hyderabad (8 per cent).Developers attribute the rise to new infrastructure projects such as the Dwarka Expressway and Noida Internationa..