Nariman Point

This purchase, according to property experts, is one of the largest in the history of Mumbai, at a price of more than Rs 800 crore per acre

Modi govt @ 9 |4 ministers, a pandemic and 3 airlines nearly down, Indian aviation still flies

The growth in India's aviation sector over the last nine years has not been a cakewalk. As many as four ministers have led the Ministry of Civil Aviation and three airlines have nearly collapsed during the period

MMRDA approves Rs 18,404 crore budget outlay for 2022-23

An official statement said the budget estimates for 2021-22 have been revised to Rs 14,588.02 crore (original budget Rs 12,968.35 crore), adding that it will receive Rs 8,672 crore.

Hornby’s city: Bombay’s reclamation to Mumbai’s redevelopment

It is said that William Hornby worked on the integration of Bombay’s islands even though the plan was rejected by the East India Company. In turn, he set the stage for a city that became a thriving metropolis.

Air India's shareholders approve transfer of four subsidiaries to Air India Assets Holding

The shareholders of Air India have approved the transfer of Air India Air Transport Services Ltd., Airline Allied Services Ltd, which runs Alliance Air, Air India Engineering Services Ltd, and Hotel Corporation of India to AIAHL.

Rs 1,57,339,00,00,000: Taxpayer’s bill for Air India 2010-21

The amount realisable from Air India’s residual assets following the handover of the airline to the Tatas is unlikely to be higher than their book value, according to experts

Air India’s buyer may not get Nariman Point property and Vasant Vihar staff colony as part of deal

AI privatisation plan may involve monetising prime real estate in Delhi and Mumbai and artefacts separately from the national carrier’s main aeronautical operations

Mumbai coastal road project gets final green nod, says CM

Maharashtra chief minister Devendra Fadnavis, on May 11, 2017, said that the proposed Mumbai coastal road project has received its final approval from the centre. “This coastal road will ease the congestion on the &#82

Mumbai Development Plan 2034: Focus on affordable housing

The long awaited Mumbai Draft Development Plan (DP) 2014-2034, is in the final stages of approval and is likely to be implemented in 2017. Keeping in line with the national objective of ‘Housing for &#82

Connaught Place world's 9th most costly office location: CBRE

Mumbai's Bandra Kurla Complex (BKC) is at 19th position while the central business district (CBD) of Nariman Point is at 30th place in the CBRE's Global Prime Office Rents report.

CRZ notification for Mumbai coastal road project soon

The final coastal regulation zone (CRZ) notification regarding Mumbai‘s coastal road project will be issued in a month. Maharashtra chief minister Devendra Fadnavis, said this after a meeting with Union Environment and Forest Minister &#82

Mumbai office rental values to increase: JLL

Compared to Q2 2015, when Mumbai‘s rental values had bottomed out, the city will now start to see acceleration in its rental value growth from Q2 2016, says a report titled Global Real Estate &#82

Are CBDs losing sheen to PBDs?

The central business districts (CBDs) in the country, seem to be losing sheen, vis-à-vis being real estate markets that drive economic activities. Critics attribute this to the improving quality of infrastructure on the outskirts &#82

Mumbai to be under vigil of 6,000 CCTVs from Oct 2

The final phase of Maharashtra government's ambitious Mumbai City Surveillance Project (MCSP), comprising 6,000 CCTV cameras, is complete and will be launched on October 2.

Commercial and office demand determine residential realty trends

Currently, commercial property and office spaces are the true indicators of the future of the real estate market. It is always the absorption of office space that reflects the potential economic activity and job R

Infra projects that will transform Mumbai‘s skyline

Mumbai and its surrounding areas offer a healthy mix of real estate options, which has been possible, largely due to the region‘s infrastructure and connectivity. “If connectivity is improved, then it will be easy &#82

Centre okays 34 km Mumbai coastal road project

"The Centre has issued the final notification for constructing a 34 km coastal road from Nariman Point to Kandivili. In June, the Centre had given its approval for the project," a statement from the Maharashtra government said.

BKC, Nariman Point slip in costliest office space ranking

London's West End was the world's highest-priced office market for the second straight year with overall prime occupancy cost of USD 273 per sq ft per year.

2013: The year of iconic Mumbai property deals

At the beginning of 2013 no one could have imagined the year would end with new owners at two of Mumbai‘s biggest landmarks. However, that's what happens in an economic slowdown- prime properties change hands.

Blackstone, Panchshil Realty to buy Mum office for $144 mn

The 25-storey Express Towers in Nariman Point, a business district, is 49 percent owned by ICICI Ventures, the private equity arm of ICICI Bank, India's biggest private sector lender.

Mumbai mkt in much better shape than perceived: DB Realty

According to Vipul Bansal, the realty market is not as depressed as what people are talking. There are plenty of genuine end-use buyers in Mumbai because of the limited supply who continue buying and that reflects in numbers doing Rs 200-400 crore of sales every quarter.

Gautam Saraf on growing prominence of Worli

Worli has come a long way to emerge as one of the prime real estate destinations in the country‘s commercial capital.

Air India bids goodbye to Mumbai; shifts HQ to New Delhi

Air India will soon be vacating its iconic Arabian sea-facing headquarters at Nariman point in Mumbai. The national carrier's board has given formal approval to shift its corporate headquarter to airlines house at Parliament Street in New Delhi.

Fire at building in Nariman Point area

A fire broke out in a building in Nariman Point area in south Mumbai this morning, Fire Brigade officials said.

AI readies to lease 2 major bldgs, may get Rs 500 cr

In a bid to shore up revenues and unlock the value of its two prime real estate assets, cash-strapped Air India plans to lease out around 1.50 lakh sq ft office space at its Mumbai headquarters and the Airlines House, its registered office located in Delhi.