VIKHROLI
Mumbai local main line hit by signal failure: Trains get delay during rush hours
A signalling glitch near Vikhroli station disrupted Mumbai's suburban train services on Thursday morning, causing delays and overcrowding. The fault on the UP fast line led to trains being held up for an hour. Commuters experienced delays of 20-30 minutes, with some resorting to walking on tracks. The issue, affecting over 30 lakh commuters, was resolved by 8:05 am.
Godrej & Boyce sells 58,500 sq ft office space in Mumbai’s Vikhroli to Godrej Industries
The office space on the 9th floor has already been leased to managed flexible workspace provider Simpliwork Offices for a period of 60 months until March 31, 2026. This lease will also be transferred to Godrej industries as the new landlord, showed the documents accessed through Propstack.
Mumbai weather alert: Rains, thundershowers forecast today, three days after Ghatkopar incident
IMD forecasts rain in Mumbai amid a heatwave. A billboard collapse in Ghatkopar claimed more than a dozen lives after rains and strong winds lashed the city on Monday.
Non-compete agreement: Godrej vs Godrej a no-no even in realty business
Godrej Properties, which is part of GIG, will have the right to use the brand for real estate development. GEG entity Godrej & Boyce will use the brand for any development on land parcels it owned on January 1 and it will not undertake any development outside of those holdings.
Godrej Properties to market realty projects developed by Godrej & Boyce for management fees
Jamshyd Godrej and his sister control Godrej & Boyce with 3,000 acres Mumbai property. Adi Godrej and Nadir Godrej market real estate projects for management fees. Pirojsha Godrej mentions Vikhroli, Mumbai, and the Development Management (DM) model.
Godrej & Boyce, Godrej Properties to continue alliance for land development in Vikhroli
Godrej Construction, a business of Godrej & Boyce, designed and built four phases of Godrej Platinum, residential development project with a total constructed area of 1 million sq ft, which has been marketed by Godrej Properties. In March, a new project Godrej Vistas was launched under this arrangement.
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Top office markets for commercial real estate investments in India in 2024 - a report by Property Share
Property Share conducts its own supply study, which provides more granular data for investment decisions. Hyderabad's office market vacancy has risen to 24% due to increased supply and slower offtake.
Godrej & Boyce builds 500-sq-ft office in 40 hours with 3D construction printing technology
This structure, ‘The Cocoon' was built by Godrej Construction in the form of prefabricated modules, using innovative 3D Construction Printing (3DCP) technology. The office is designed to explore the potential of 3DCP technology and flexibility through unconventional curvilinear elliptical design. The entire layout is column free offering maximum usable office space, installed with a prefabricated toilet unit.
Property developers prioritize green developments
To deal with the extreme climate change builders are focussing on conserving water by recycling it and using it for flushing and landscape, harvesting rainwater, radiation free building structures, green materials, and recycling organic waste and segregating waste on the development so that the amount of waste sent to the landfill is only 20 % of the standard amongst others.
Former Mumbai Mayor Datta Dalvi who abused Eknath Shinde has his car vandalised
Former Mumbai Mayor Datta Dalvi's car was vandalized by unidentified individuals following his arrest. Dalvi was arrested for allegedly abusing Chief Minister Eknath Shinde during a speech at a Uddhav Thackeray group event. He faces charges under sections 153 and 505 of the Indian Penal Code. After Dalvi's arrest, four unidentified men damaged his car in Mumbai.
NCLT allows 936 days exclusion from Lok Housing’s resolution process
As per the bankruptcy regulation, the lenders and the resolution professional are expected to complete the resolution process within a total of 270 days, failing which the Mumbai-based company will undergo mandatory liquidation.
SMFG India Credit expands presence with strategic office lease at Embassy 247 in Mumbai
Sumitomo Mitsui Financial Group's Indian subsidiary, SMFG India Credit, has signed a lease agreement for 194,000 square feet of office space in Mumbai. This move is part of SMFG's growth plans in India and will allow the company to consolidate its offices in Powai and Andheri into a single location. The office space, located at Embassy 247, will house over 2,000 employees and offer state-of-the-art infrastructure and amenities.
Mumbai to get 1,000 MW more power as Adani Energy steps in
Adani Energy Solutions has completed the Khargar-Vikhroli transmission line, which will supply an additional 1,000 MW of power to Mumbai. The line will enhance the city's import capability, improve reliability and stability, and support sustainable transportation options like bullet trains and metro rail. The project includes a 400 KV grid and a compact design for the substations to minimize space requirements.
Mumbai accounts for 77% tall buildings in India
Among other Indian cities, Hyderabad, Kolkata, and Noida account for 8%, 7%, and 5% of the tall buildings in India, respectively. Gurgaon, Bangalore, and Chennai closely follow them, each contributing 1% to the country's tall building landscape.
CPP Investments, RMZ Plan office project on Kamalistan Studio land
Founded by filmmaker Kamal Arohi in 1958, Kamalistan Studio is known for blockbuster Bollywood movies including Pakeezah, Razia Sultan and Amar Akbar Anthony. It is located in Mumbai's western suburb Jogeshwari. In March 2022, Bengaluru-based RMZ and CPP Investments had announced that they have entered into a joint venture to develop and hold commercial office space in key cities across India.
Ajmera Realty acquires Tata Communications' land parcel in Mumbai's Vikhroli
The listed realty development company has acquired the land parcel through its wholly-owned subsidiary Shree Yogi Realcon. The company has already paid the earnest money for this transaction. The company is planning to develop a residential project on the said land parcel and the same is estimated to provide gross sales value of Rs 550 crores.
Runwal Group forays into commercial realty with over Rs 4,500-cr investment over 4 years
The company will be developing a total of three commercial real estate projects in phases across Mumbai’s Kanjurmarg and Dombivli, and Viman Nagar in Pune. Of these, it has already started work on nearly 1 million sq ft in its Kanjurmarg project Runwal Commerz and Runwal Edge in Dombivli.
Godrej & Boyce's plea against Vikhroli land acquisition rejected
Observing that it is the project of "national importance", a bench led by Chief Justice DY Chandrachud refused to entertain Godrej & Boyce's appeal, saying "much water has flown as possession has been taken over of the land and the project is already being constructed".
SC agrees to hear Godrej & Boyce’s appeal on Mumbai-Ahmedabad bullet train project on Feb 24
The Supreme Court on Thursday agreed to hear petition filed by Godrej & Boyce challenging the acquisition proceedings commenced by the Maharashtra government and the NHSRCL in suburban Vikhroli for the Mumbai-Ahmedabad bullet train project.
Mumbai cops save man's life after he tries to hang himself over domestic dispute
Constable Deepak Lahane and his two colleagues visited the man's house around 2 in the morning after learning that a noisy quarrel was going on between husband and wife inside.
Godrej & Boyce creating unnecessary hurdles in land acquisition for bullet train project: Maharashtra government to HC
A division bench of Justices Nitin Jamdar and Sharmila Deshmukh was hearing a petition filed by Godrej & Boyce Manufacturing Co Ltd challenging an order of September 15, 2022 passed by the state government awarding compensation to it for land acquisition for the project.
Two killed, five injured as SUV rams into a tree on Eastern Express Highway in Mumbai
"A speeding sports utility vehicle (SUV) rammed into a road-side tree, in which two persons - its driver and passenger - were killed, while five others sustained serious injuries," the police said. After being alerted, police rushed to the spot and shifted the injured to a civic-run hospital, he said, adding that the process to register a first information report (FIR) was on.
IMD issues yellow alert in Mumbai; warns of thunderstorm
According to the city officials, the city went under cloud cover and witnessed incessant rainfall from afternoon, with parts of the city witnessing heavy rains and thunderstorms. The island city, eastern and western suburbs received average 1.05mm, 9.12 mm and 1.28 mm rainfall respectively between 11 am to 2 pm, a civic official said.
Heavy rains in Mumbai; MeT dept forecasts occasional intense showers in next 24 hours
The civic officials said that there was no report so far of any major water-logging in low-lying areas. Trains and bus services of the Brihanmumbai Electric Supply and Transport (BEST) were running normally.
Tata Power to build novel 3-circuit high-tension transmission tower at Mumbai Metro site
It will benefit both the Mumbai Metropolitan Regional Development Authority (MMRDA) and consumers at large by saving Rs 30 crore per circuit on infrastructure development and by ensuring uninterrupted power supply during the construction work.
Heavy rains continue in Mumbai; at least 24 dead, water supply hit
After a wall collapsed amid a landslide and heavy rainfall, at least 34 people died in Mumbai, according to authorities on Sunday.
Simpliwork leases 3.5 lakh sft in Hyderabad and Bangalore to MNCs
Managed space operator Simpliwork has leased 350,000 sq ft office space across Bengaluru and Hyderabad to large enterprises as corporates look at flexibility at the workspace.
Amazon India leases 2.6 lakh square feet office space at Godrej Two in Vikhroli
Godrej Two is first of the development assets under the private equity firm’s GBTC I program and is jointly owned along with realty developer Godrej Properties.
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