Western Express Highway
The real-estate developers Omkar Realtors & Developers and V Raheja Group have come together in a joint venture in order to construct a luxury residential project on a stretch of 7.5-acre land parcel in the city of Mumbai. The V Raheja Group, who owns the plot that is located on the Western Express Highway at [...] Continue Reading »
Santacruz-Chembur Link Road (SCLR), India’s first double-decker flyover, undertaken under the Mumbai Urban Transport Project (MUTP) of MMRDA, will give much-needed east-west connectivity in Mumbai. The 6.45 km six-lane road was thrown open to commuters last week, opening from Vakola Junction on Western Express Highway (WEH) and extending up to Amar Mahal Junction near the [...] Continue Reading »
The much-awaited Santa Cruz Chembur Link Road (SCLR), which was delayed by 11 years, by breaking 11 coconuts and burning incense sticks, was finally inaugurated by the MMRDA officials recently. Due to election code of conduct politicians were missing from the inauguration, MMRDA quickly completed the ceremony and opened up the link road. Direct connectivity [...] Continue Reading »
A source says that the Indian Railways has introduced tenders and the land parcel given to the successful bidders on a 45-year lease is expected to collect Rs 2,500-3,000 crore. This land is given for commercial development of 4.3 hectares of a prime land parcel in Bandra (east). The Railway Land Development Authority (RLDA) is [...] Continue Reading »
Two persons familiar with the development, informed that the drug maker company Sun Pharamacuitals will buy the official building in Mumbai’s Goregaon suburb from Standard Chartered Bank for Rs 280 crore. The building is named as Standard Chartered Tower which consists of ground plus six upper floors and has total built up area of 2.20 [...] Continue Reading »
The famous steel company Tata Steel sold its 25-acre Borivali land parcel in Mumbai for Rs 1,155 crore to Oberoi Realty through e-auction. The Steel giant says that the committee of Independent Directors appointed for the oversight and governance of the sale process by the Tata Steel Board announced that the highest bidder of the [...] Continue Reading »
The biggest parcels of land in Mumbai are believed to collect the highest bid of Rs 1,155 crore. It is rumor that the Oberoi Realty may be the highest bidder. A source of Tata Housing says that they are still in the race. The bidder has not been finalized yet and the process is still [...] Continue Reading »
The Tata Steel’s 25-acre land in Borivali received five bids from top corporates and developers. It is expected to collect Rs 1,000 crore for the company from this deal. According to source the top companies which are in race to acquire this land is Tata Housing, Tata Consultancy Services, Oberoi Realty, Kalpataru and Piramal Realty. [...] Continue Reading »
Sahar elevated road corridor and Terminal 2 of the Mumbai international airport was opened for the public on Feb 11. Sahar elevated road is a 2.2 km stretch connecting Western Express Highway (WEH) with the new Terminal 2 of the International Airport. It was inaugurated by Maharashtra Chief Minister Prithviraj Chavan. He pointed out that [...] Continue Reading »
Is it possible for the residents of Mumbai to take their dream ride in a Metro by June 2013? The construction of the Metro bridge over Western Railway tracks near Andheri has been completed. Huge cranes have been installed in the last panels, carved in irons which resembles the Howrah bridge structure, atop the pillars [...] Continue Reading »
