Maharashtra
MHADA eyeing 3 projects in Kalachowki, Worli & Bandra Reclamation to rev up real estate business in Mumbai
Mumbai: The Maharashtra Housing & Area Development Authority (MHADA) has proposed to the state government three big ticket redevelopment projects in Mumbai, which will give a huge boost to the real estate industry in the metropolis. The housing body has suggested the cluster redevelopment of Abhyudaya Nagar at Kalachowkie, Adarsh Nagar in Worli and the Bandra Reclamation layout.
Sources in the MHADA told the FPJ on Thursday that a detailed note in this regard had been sent to the housing ministry in Mantralaya, which is under Deputy Chief Minister Devendra Fadnavis. The MHADA has suggested that tenders be floated for the redevelopment of these areas, which are on its land. After the government’s decision on the redevelopment of Dharavi, these three mega projects also are likely to be pushed through.
Fadnavis wanted to implement the project soon
Sources in Mantralaya said Fadnavis was on a mission mode and wanted to cut red tape to ensure that long-delayed projects would be implemented soon.
Former Minister for Housing Jitendra Awhad told the FPJ that he had earlier objected to the individual development of these buildings, since it would be difficult to provide proper infrastructure facilities in terms of water supply, drainage, recreational facilities etc.
“I had proposed cluster development of these colonies so that infrastructure could be upgraded uniformly. However, there was no consensus in the government. In the case of Abhyudaya Nagar, the federation of housing societies of the lower-middle-class colony did float tenders and decided to award the contract to Keystone Reality of the Rustomjee Group.”
Project didn’t take off because of Rs 180 crore stamp duty
However, the proposal did not take off since the state government insisted on the payment of stamp duty of over Rs 180 crore. Awhad said, “I had proposed that the stamp duty be recovered in instalments till Keystone completed the project. However, my suggestion did not find favour with the then government.”
Since the project did not go beyond the drawing board stage, the MHADA has decided to undertake the redevelopment of the colony, which is spread over 30 acres. In the case of the six-acre Adarsh Nagar, a few buildings did start redevelopment, but the rest could not.
Raghavan Sarathy, an advocate and former resident of the colony said, “Building No. 17 has been redeveloped. Building No. 41 is under redevelopment. The rest of the buildings remain as they are. There is also objection from the Indian Coast Guard, which has its establishment nearby.”
Big players are eyeing Bandra Reclamation proposal development project
Big players in the real estate market who have already got wind of the MHADA’s proposal, are, however, eyeing the Bandra Reclamation proposal development project near Lilavati Hospital, where real estate prices are in the region of Rs 65,000 per sq ft to Rs 80,000 sq ft.
Two buildings in the area, Akshay and Safal, have already started redevelopment. Indications are that other buildings will not receive NOCs from the MHADA since the entire area will be redeveloped. A few local residents did initiate the process for redevelopment of buildings in Phases I and II. But now, their efforts will be in vain in the backdrop of the MHADA’s mega move.
An additional incentive may be given for the Bandra Reclamation project, since the MHADA is likely to get a higher premium. Meanwhile, the K Raheja group has bagged the tender for the redevelopment of Sea King apartments near Shah Rukh Khan’s bungalow, Mannat, in Bandra west. Several top builders like Wadhwa, Dilip Thakkar, Supreme and the Lotus Group’s Anand Pandit had participated in the first bid for the redevelopment of this seafacing multi-storeyed building.
However, the proposal did not go through due to certain technical reasons. Later, the society, which houses celebrities like actor Zarina Wahab, floated a fresh tender and recently signed a redevelopment agreement with K Raheja. Each member of the society will receive 48 per cent of their present area free of cost, apart from a large corpus and state-of-the-art recreational facilities.
Maharashtra
Mumbai: Municipal Commissioner praises engineers of Project Department for work on shifting high voltage power towers in Bhandup

A project to purify 2000 million litres of water per day is being set up by the Mumbai Municipal Corporation in the Bhandup Complex, Mumbai. Under this project, the engineers of the Water Supply Project Department have saved the Municipal Corporation about Rs 20,000. Rs 7.48 crore in the work of shifting high voltage power towers. Taking note of this remarkable achievement, Municipal Commissioner Ashwini Bhide presented certificates of appreciation to the concerned engineers at the Municipal Corporation Headquarters today (June 19, 2026).
Executive Engineer Rajesh Kapdanis, Assistant Engineer Rishikesh Vartak, Second Engineer Gururaj Iwale, Second Engineer Subodh Nakhrekar are included in this. Deputy Commissioner (Municipal Commissioner Office) Prashant Gaikwad, Deputy Commissioner (Special Engineering) Parshottam Malwade, Chief Engineer (Water Supply Project) Chandrakant Choudhary were present on the occasion.
The 2000 million litres per day Water Treatment Project (WTP) at Bhandup Complex is going to be one of the largest water treatment projects in Asia. Based on modern technology, the project is being developed in a minimum footprint and as per the concept of zero waste water discharge. Since the Extra High Voltage (EHV) power transmission lines of M/s Tata Power Company Limited pass through the proposed project site, it was necessary to relocate these towers. Accordingly, the Municipal Corporation has initiated the process of shifting these power transmission lines from Tata Power Company.
Tata Power Company has submitted an estimated cost of Rs. 14.70 crore including goods and services tax for this work. As per the provisions of the agreement, the necessary advance has been paid to the project contractor M/s Welspun Enterprises Limited. As per the relocation plan, 5 new towers were erected in an area of about 500 metres in length to relocate the existing 3 high voltage towers. The work of shifting of power transmission lines was successfully completed in February 2026. 2 out of the 3 old towers have been completely removed. Under the guidance of Additional Municipal Commissioner (Projects) Abhijeet Bangar, the engineers of the Water Supply Project Department during the execution of the work noticed that the estimated cost submitted by Tata Power Company was relatively high. Accordingly, the engineers of the Water Supply Project Department re-evaluated the cost based on the actual work done for shifting of high voltage towers. The applicable rebates and payment of the salvage value of the removed towers were continuously followed up. Thereafter, Tata Power Company has approved the refund of an amount of Rs. 5 crore 76 lakhs. The Mumbai Municipal Corporation has completed the submission of the financial statement of the actual cost. In addition, the Municipal Corporation will also get the amount of the salvage value of the removed towers. In total, the actual cost of the work of shifting of high voltage towers is Rs. 6 crore 69 lakhs. Direct savings of Rs. 12 crore 46 lakhs as against Rs. 5 crore 76 lakhs initially paid. In addition, as per the provisions of the agreement, the Municipal Corporation has achieved financial savings of about Rs. 100000. Rs. 7 crore 48 lakhs on account of 10% overheads and profit of the contractor as well as GST amount. In addition, further financial savings are expected in the form of salvage value of the removed towers.
Business
Mukesh Ambani unveils 5-way roadmap to propel RIL’s growth ahead

Mumbai, June 19: Reliance Industries Ltd (RIL) Chairman Mukesh Ambani on Friday outlined five major value creation pathways for the Group to create a diversified growth architecture spanning energy, materials, digital infrastructure, artificial intelligence, consumer businesses, and global exports.
Addressing Reliance shareholders, Ambani said: “First, the O2C business, the mainstay of Reliance so far, will increase earnings as soon as the geopolitical situation improves. Simultaneously, and more importantly, we are reinventing this business to create a new revenue stream less vulnerable to external volatility. We will convert all the crude oil we process into new materials ─ carbon fibre, speciality materials, green chemicals, and much more. This new vision will drive margin expansion and lay the foundation for our oil-to-chemicals-and-new materials business.”
He further stated that the second pathway comprises the new energy business, which has entered the phase of accelerated commissioning and early revenues. The integrated solar manufacturing and advanced battery platform will achieve one of the world’s lowest costs of RTC green power. It will also enable the world’s most competitive green hydrogen and green chemicals ecosystem.
Besides, the underground coal gasification business has immense growth potential, and the CBG business is ready to be scaled up as the world’s largest bioenergy business, he added.
Ambani identified the third path of growth as Reliance Intelligence, with AI becoming a multi-trillion-dollar business globally. “Reliance Intelligence will lead this business in India. The infrastructure for it is being built at breakneck speed, and it will fully operationalise over the next couple of years,” he remarked.
The Reliance Chairman listed the FMCG business as a new multi-billion-dollar growth engine with plans to grow it into India’s largest FMCG company, and among the biggest in the world.
“It is already among the top few players in various categories and is expanding globally. It recently entered Europe and Africa and will enter many more global markets going forward. Our FMCG growth path is neatly aligned to that of Reliance Retail. Both are anchored in our plan to create India’s most advanced manufacturing platform and a distribution and exports platform with tens of thousands of small, medium and large partners,” he maintained.
Ambani highlighted exports as the fifth path of the group’s growth. “Reliance has long been India’s largest merchandise exporter, with a proven globally competitive world-class platform for energy and materials exports. Leveraging this experience, Reliance aims to become an anchor institution for developing a globally competitive, multi-sector export hub, with a target to enable $125-150 billion in exports by 2032. In this way, we will enlarge global markets for Made in India brands,” he observed.
Hiring the best talent for this new venture has already begun. This scalable platform will strengthen India’s export ecosystem and external economic resilience. This ambition is not only about creating a larger Reliance. It is about creating a stronger India, Ambani added.
Maharashtra
Potholes on Mumbai roads should be filled according to scientific methods and set standards : Additional Municipal Commissioner

Cement concreting of about 1700 km of roads in Mumbai Metropolitan Region has been completed, and concreting of the remaining roads is in progress. Due to this comprehensive initiative, the number of potholes on the roads and the problems arising from them have significantly reduced during this monsoon season. This has also resulted in huge savings in the cost of filling the potholes. To effectively deal with the problem of potholes arising during the monsoon season on the roads within the municipal limits, the engineers of the road department should work with more vigilance and responsibility. Every complaint received regarding potholes should be disposed of within 24 hours. The bad patches should be brought to the fore immediately. Additional Municipal Commissioner (Projects) Abhijit Bangar directed that the engineers concerned should ensure that the potholes on the roads are filled with high quality by the contractors appointed as per the zone, following the prescribed technical standards and scientific methodology. Bangar also clarified that the secondary engineers appointed on a bat-by-bat basis should regularly visit the roads in their area on two wheels, know the current condition of the roads and ensure immediate action for necessary repairs. A meeting of the Assistant Engineers of the Roads and Transport Department was held at the Municipal Headquarters in which a detailed review of the progress of pre-monsoon works, preparations and necessary measures was taken. At that time, Additional Municipal Commissioner (Projects) Abhijeet Bangar gave various instructions. Deputy Commissioner (Infrastructure) Girish Nikam, Chief Engineer (Roads) Mr. Engineers including Mantiya Swamy were present.
Additional Municipal Commissioner (Projects) Abhijeet Bangar said that the Municipal Corporation has started a road concreting program to solve the problem of potholes on the roads / make the roads pothole-free. Under this, concreting of about 1700 km of cement roads has been completed. The concreting of the remaining roads will be done after the monsoon. Therefore, in future, more and more roads will be cemented and the problem of potholes will definitely reduce. Apart from this, there will be cost savings as well.
If the trench dug for utility channels is not refilled as per the technical standards, then during the monsoon, water enters the road structure. Due to which the strength of the road decreases and the process of road collapse starts. Keeping this in mind, various steps are being taken by the Mumbai Municipal Corporation to avoid inconvenience to the citizens. It is guaranteed that a pothole filled once using mastic will not open again. Accordingly, the Municipal Corporation has appointed zone-wise contractors for the maintenance of the roads. Engineers should periodically review their manpower, machinery and material stock. In particular, the availability of mastic cookers, pothole filling schedule, mastic cooker rounds should be coordinated. It should be strictly ensured that potholes on the roads are filled as per the laid down technical standards and scientific methods. Bangar directed that the potholes should be filled when they are small in size (6 inches). Bangar said that along with the road engineers, 227 secondary engineers have been appointed in the municipal corporation for a total of 227 bats (one for each electoral ward). These secondary engineers should inspect the roads in their assigned section daily and if any potholes are found, they should be filled immediately using a rectangle. They should go around on a two-wheeler and inspect the roads in their work area. The complaints of potholes should be coordinated through the central system and the department office and resolved in a timely manner. Instead of waiting for complaints, potholes should be recorded and filled on their own. The Municipal Corporation is responsible for both the Eastern Expressway (18.6 km – Mulund to Shiv) and the Western Expressway (27.6 km – Dahisar Checkpoint to Mahim) in Mumbai. Along with this, the responsibility of the Eastern Freeway (17 km) also falls on the Municipal Corporation. The Road Department should take full care that there are no potholes on these three highways. Other government authorities in Mumbai should also take proper care of the roads under their jurisdiction, and the Municipal Corporation administration should follow suit so that the potholes are filled immediately, Bangar also said. If potholes occur on the roads within the Defect Liability Period (DLP), no premium should be paid. Moreover, the project roads and roads should be filled free of cost by the contractor concerned within the Defect Liability Period (DLP) as per the terms and conditions of the tender within a limited time frame. The Municipal Corporation should not pay any compensation/premium for filling these potholes. Because the condition of maintenance/upkeep is included in the contract itself. On the contrary, if the number of potholes on the roads has increased during the period of liability for defects, then punitive action should be taken, Bangar said, explaining the project roads, defects and emphasised on improving the road.
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