Maharashtra
Mumbai accounted for 65% of office space leased in India for October
The total leasing of office space, which comprises demand for all grades of buildings, fell 21 per cent year-on-year in October across seven major cities to 6.7 million square feet on lower demand, according to property consultant JLL India.
The aggregate office market leasing activities refer to transactions for all grades or types of buildings in the top 7 cities (Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune and Kolkata). The data includes confirmed pre-commitments and term renewals. Deals in the discussion stage are not included.
Total office leasing activities stood at 8.5 million square feet in August 2021.
As per the data, Mumbai with a 65 per cent share of monthly leasing activity clearly leads the way, mainly due to strong demand for space coupled with select significant renewals during the month, followed by Delhi NCR and Pune.
These three cities accounted for nearly 93 per cent of all leasing activity in the October 2022 monthly leasing activity tracker.
The manufacturing sector takes the lead as the biggest driver of aggregate market activity in October 2022 with a 22 per cent share. Consultancy business has also seen improved leasing activity during October with an 18 per cent share and the BFSI segment has a similar share Technology firms are moving slowly on their space requirements and that is visible in the share being just 15 per cent in October, declining to a six-month low, JLL said.
”Prevailing sentiment is creating headwinds for office space decision-making and while activity remains largely intact, lower pre-commitment activity in the last two months is indicative of a momentary sluggishness, also evidenced by the tech sector which is driven mostly by US firms,” the consultant said.
Similar trends may prevail for some time before greater clarity on business and macroeconomic environment will enable occupiers to approach real estate plans with greater certainty moving forward, it added.
According to the JLL data, India’s office Grade A (premium) stock stood at 732 million square feet at the end of the March quarter. The office stocks of other grades were 370 million square feet, taking the total stock to around 1.1 billion square feet.
The consultant releases the leasing data of Grade A office space on a quarterly basis, while it has started to compile the total leasing transactions of all grades of buildings on a monthly basis.
Maharashtra
Demand for action against Mankhurd, Shivaji Nagar, Kurla Scrap and SMS Company. Assurance of action by the Environment Minister in the House on the demand of Abu Asim Azmi

abu aasim aazmi
Mumbai: Abu Asim Azmi demanded strict action against environmental pollution and illegal soap making in Kurla scrap factory in Mumbai Maharashtra Legislative Assembly. Due to air pollution, public life has become unbearable. He told the House that due to pollution from legal Kurla scrap factories and SMS company in Mankhurd Shivani Nagar, the average life expectancy of the residents here has come down to just 39 years. Residents are forced to live amidst dirty, smelly water, air pollution and diseases. Despite this issue being raised in every meeting, the government has not taken any meaningful steps to resolve this issue and no action has been taken. Azmi drew the attention of the minister to this and demanded action as soon as possible, on which during the meeting, Environment Minister Pankaja Munde assured positive action on this serious issue and announced to call a meeting in this regard on Friday. She said that if any illegal activity or factory is going on, action will be taken against it. The local assembly member has also been invited to this meeting.
Maharashtra
Maharashtra: No Funds For Shaktipeeth Highway Despite CM Devendra Fadnavis’s Push; Finance Dept Skips Provision In ₹57,509 Crore Supplementary Demands

Mumbai: Despite a clear directive from Chief Minister Devendra Fadnavis, the Finance Department (FD) has not made provision for the ambitious Shaktipeeth Highway while introducing Rs 57,509 crores supplementary demands in the State Assembly on Monday.
Significantly, the supplementaries, according to government sources, will put an additional Rs 40,000 Cr burden on the state kitty, which is already overburdened with debt of over Rs 9 lakh Cr. The Chief Minister had in a recent meeting on infrastructure projects, asked the Public Works Department (PWD) to set aside Rs 20,000 Cr for the land acquisition of Shaktipeeth Highway, 802 KM greenfield, access control six-lane express highway connecting Nagpur to Patradevi (Dist Sindhudurg) near the Goa border.
The project has been facing stiff opposition from farmers from various districts, which led to altercations with government officials during surveys in the districts of Solapur, Latur, Dharashiv and Parbhani. Despite that, the state cabinet in a recent meeting approved the design and Rs 20,787 Cr for planning and land acquisition for the project. Usually, if total provision is not possible, the Finance Department makes a token provision to indicate that a particular project or plan is very much on the cards, and the provision can be made down the line. But this does not seem to be the case with the Shaktipeeth Highway, which is estimated to cost over Rs 86,000 Cr.
An offical told the FPJ that government will have to ask the state legislature to make the financial provision as approved in the June 24 meeting of the state cabinet. The Finance Department, led by Deputy Chief Minister Ajit Pawar, however, has earmarked approximately Rs 10,000 Cr for the PWD. A majority of the provision will go for the state highways, district roads, the ring road for Pune and a Samruddhi Mahamarg link connecting Jalna to Nanded.
Although Shiv Sena has only four departments under it’s control whereas there are as many as eight departments with the BJP and seven with the NCP, it seems to have cornered a substantial part of the provisions. Urban Development Department, led by Deputy CM Eknath Shinde, tops the list with the provision of Rs 15,465 Cr. The Public Health Department, led by Shinde’s party colleague Prakash Abitkar, will get Rs 6952 Cr.
Maharashtra
‘Thackerays Are Coming’: Sanjay Raut’s Post On July 5 ‘Marathi Victory Rally’ Sparks Buzz On Shiv Sena UBT-MNS Joint Celebration Event

Mumbai: Mumbai is set to witness a triumphant celebration on July 5, as the Shiv Sena UBT led by Uddhav Thackeray has announced a ‘Marathi Vijay Melava’ (Victory Rally), following the Maharashtra government’s rollback of both government resolutions (GRs) mandating Hindi as a compulsory third language from Class 1 under the three-language formula.
In a post on X on Tuesday, Sena UBT MP Sanjay Raut shared an image saying, “It’s settled. July 5 – A Victory Rally for Marathi! Thackeray is coming…” He captioned the post, “Jai Maharashtra.” It is speculated that the rally is a joint celebration event along with the Maharashtra Navnirman Sena (MNS) led by Raj Thackeray. However, there is no confirmation from both Sena UBT and MNS over the reunion of Thackeray brothers at the rally.
The rally, originally planned as a protest against the imposition of Hindi, will now be held in a celebratory spirit, marking what the opposition parties call a people-powered win for Marathi identity. The Shiv Sena (UBT) had earlier joined hands with the Maharashtra Navnirman Sena (MNS) to protest the GRs and both Uddhav and Raj Thackeray were scheduled to participate in a joint protest march on July 5. However, with the government withdrawing the controversial orders on Sunday, the planned protest has now transformed into a victory rally for Marathi pride.
Announcing the change, Uddhav Thackeray stated, “Even though the protest has been called off, a victory rally will still take place. This is not just a rollback of two government decisions, it’s a win for every Marathi-speaking citizen who stood up for their language.”
Chief Minister Devendra Fadnavis had declared the rollback in a press conference, flanked by Deputy Chief Ministers Eknath Shinde and Ajit Pawar. He also announced the formation of an expert committee headed by Dr Narendra Jadhav to re-examine the three-language policy after wide consultation with stakeholders. The government maintained that Marathi would remain compulsory and future decisions would be based on the committee’s recommendations.
The Shiv Sena UBT and MNS had strongly opposed the move to impose Hindi from the first grade, calling it an assault on Maharashtra’s linguistic identity. MNS first raised the issue, followed by an aggressive entry by the Thackeray-led Sena. Pressure continued to mount, leading to the state government’s retreat.
Now, instead of protests and slogans, Mumbai is expected to echo with celebration, marking what many see as a rare moment of opposition unity and cultural assertion in Maharashtra.
-
Crime3 years ago
Class 10 student jumps to death in Jaipur
-
Maharashtra9 months ago
Mumbai Local Train Update: Central Railway’s New Timetable Comes Into Effect; Check Full List Of Revised Timings & Stations
-
Maharashtra9 months ago
Mumbai To Go Toll-Free Tonight! Maharashtra Govt Announces Complete Toll Waiver For Light Motor Vehicles At All 5 Entry Points Of City
-
Maharashtra9 months ago
False photo of Imtiaz Jaleel’s rally, exposing the fooling conspiracy
-
Crime9 months ago
Baba Siddique Murder: Mumbai Police Unable To Get Lawrence Bishnoi Custody Due To Home Ministry Order, Says Report
-
National News9 months ago
Ministry of Railways rolls out Special Drive 4.0 with focus on digitisation, cleanliness, inclusiveness and grievance redressal
-
Maharashtra8 months ago
Maharashtra Elections 2024: Mumbai Metro & BEST Services Extended Till Midnight On Voting Day
-
National News9 months ago
J&K: 4 Jawans Killed, 28 Injured After Bus Carrying BSF Personnel For Poll Duty Falls Into Gorge In Budgam; Terrifying Visuals Surface