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Ateeq Shaikh
Articles by Ateeq Shaikh

Property sales slides in MMR

Property sales in Mumbai's MMR fell 6% YoY and 13% QoQ in Q3 2024, despite rising prices and optimism for the festive season driving potential recovery.

Property sales slides in MMR
Updated on Oct 26, 2024 06:10 AM IST

Bachchans buy 10 apartments in Mulund, up their portfolio to 100 crore

Amitabh and Abhishek Bachchan buy 10 apartments in Mulund for ₹24.95 crore, boosting their real estate portfolio to over ₹100 crore

Amitabh Bachchan and Abhishek Bachchan
Updated on Oct 25, 2024 09:09 AM IST

Sonam Kapoor, husband Anand Ahuja buy city’s iconic Rhythm House for 47.8cr

The well-loved store that opened in 1940 not only stocked some of the best music but also served as a listening post for all that was going on in the industry

Mumbai, India - May 8, 2018: Bollywood Actress Sonam Kapoor with husband Anand Ahuja pose for a photograph during their wedding reception in Mumbai, India, on Tuesday, May 8, 2018. (Photo by Prodip Guha/ Hindustan Times) (Hindustan Times)
Updated on Oct 24, 2024 09:11 AM IST

Air pollution worsens in Navi Mumbai, Thane, Badlapur and Ulhasnagar

Several areas in the Mumbai Metropolitan Region (MMR) continue to exceed safe air quality limits, according to a new report by Respirer Living Sciences

Cities including Navi Mumbai, Aurangabad and Jalna continue to exceed safe air quality limits. Representational Image. (Photo by Anshuman Poyrekar/ Hindustan Times) (Hindustan Times)
Published on Oct 23, 2024 09:46 AM IST

BKC coastal road to be ready by Nov-end

The BKC coastal road, a 2.2-km bypass, aims to ease traffic congestion in Mumbai's business district and may open by late November.

Ground strengthening and compacting works on the road are already over and concretisation work is likely to begin in a few days, said officials from the Mumbai Metropolitan Region Development Authority. (Satish Bate/ Hindustan Times)
Updated on Oct 23, 2024 07:12 AM IST

Third Mumbai renamed as KSC New Town, in honour of 3 villages of Raigad

MMRDA has named the Third Mumbai as Karnala-Sai-Chirner New Town, focusing on eco-friendly development and improved connectivity in the region.

Third Mumbai renamed as KSC New Town, in honour of 3 villages of Raigad
Updated on Oct 22, 2024 06:40 AM IST

Dispute Resolution Forums of MahaRERA increased to 52

Maharashtra boosts its Conciliation and Dispute Resolution Forum for home buyers from 15 to 52 to expedite dispute resolution, resolving 1,749 cases since 2018.

Dispute Resolution Forums of MahaRERA increased to 52
Updated on Oct 21, 2024 08:58 PM IST

After Mumbai Eye shelving, giant LED sphere planned at Bandra Reclamation

Residents are opposed to the move, saying it is nothing but a bid to commercialise space on the seaward side of the sea link

Bandra Reclamation. (Photo by Vijay Bate/HT Photo) (HT PHOTO)
Updated on Oct 21, 2024 09:01 AM IST

Soon, a common app for all Metro lines

The Maha Mumbai Metro Operation Corporation Limited (MMMOCL), which operates the Metro 1 app, has taken the lead to integrate the ticketing system, said officials

Soon, a common app for all Metro lines
Updated on Oct 19, 2024 07:22 AM IST

Eknath Shinde’s 34 infra projects could turn Thane into MMR's next hub

Thane and nearby areas will benefit from 34 major infrastructure projects worth ₹3.97 lakh crore, boosting connectivity and real estate growth

From new metro lines and bullet trains to expressways, elevated roads and tunnels, Thane city and its neighbouring areas stand to benefit from at least 34 infrastructure projects. (HT Photo)
Updated on Oct 18, 2024 09:04 AM IST

Navi Mumbai real estate: Only 15 of 47 plots sold in CIDCO auction

Navi Mumbai's recent plot auction saw only 15 of 47 plots bid on, surprising developers amid ongoing mega-projects, citing high CIDCO prices

The latest auction of plots in Navi Mumbai has drawn a surprisingly lukewarm response. Representational Image
Updated on Oct 18, 2024 09:02 AM IST

Mumbai toll waiver: Confusion, traffic congestion prevail at junctions

The purpose of the move was to reduce pollution and curtail traffic jams at the toll plazas, said chief minister Eknath Shinde

Thane, India - October 15, 2024: Traffic jam is seen at Mulund toll Naka on Tuesday after toll waiver for light vehicles at Mumbai entry point from today,in Thane,in Mumbai, India, on, Tuesday, October 15, 2024. ( Praful Gangurde /HT Photo )
Updated on Oct 16, 2024 09:42 AM IST

Govt permits toll for Thane-Borivali twin tunnel

Maharashtra has approved toll charges for the Thane-Borivali twin tunnel, set to cost ₹18,838.40 crore, aiming to cut travel time significantly.

Govt permits toll for Thane-Borivali twin tunnel
Updated on Oct 16, 2024 06:32 AM IST

How Baba Siddique became Mumbai's slum redevelopment lord

Baba Siddique, a prominent Bandra real estate mogul, was shot dead. He opposed slum redevelopment projects, advocating for transparency for residents

Among Baba Siddique’s first ventures was Vertical Developers, in partnership with developer Vinay Madnani and Kalpana Shah, in August 2003.(PTI)
Updated on Oct 14, 2024 09:36 AM IST

Thane Creek Bridge inaugurated; relief for Navi Mumbai motorists

CM Shinde said that this emand for seven bridges along the coastal highway is being fulfilled today, and should be considered as a Diwali gift for Konkanis

Mumbai, Oct 13 (ANI): Maharashtra Chief Minister Eknath Shinde inaugurates Thane creek bridge on the Sion-Panvel Highway, at Vashi in Mumbai on Sunday. State Minister of Public Works Dadaji Bhuse, former MP Rahul Shewale former MLA Tukaram Kate and MSRDC Managing Director Anil Kumar Gaikwad also seen. (ANI Photo) (Eknath Shinde-X)
Updated on Oct 14, 2024 09:30 AM IST

Mumbai Metro 3: Breaking Ground, Defying Odds

How challenging was it to build Mumbai’s first underground metro corridor? Ashwini Bhide, the IAS officer who led the project, takes us to gound zero

Bhide, Managing Director of the Mumbai Metro Rail Corporation Limited (MMRC), said that, for her, Metro 3 has been the most challenging infrastructure project to date. (Raju Shinde/HT Photo)
Updated on Oct 13, 2024 06:48 AM IST

MMRDA looks at raising 656 crore through 3 more BKC plots

MMRDA aims to raise ₹656 crore by leasing three plots for a hospital, sports, and educational institutes, amid a ₹1.51 lakh crore debt burden.

MMRDA looks at raising <span class='webrupee'>₹</span>656 crore through 3 more BKC plots
Updated on Oct 13, 2024 06:46 AM IST

Chedda Nagar junction set to decongest as new flyover arm opens

More than 60,000 vehicles use the Chheda Nagar junction every day and the newly opened stretch will decongest the clogged junction and ease traffic flow in the morning and evening rush hours

Mumbai, India. Oct 11, 2024: The 680-meter-long Chedda Nahgar flyover, running from south to north, will open tomorrow and improve traffic movement from Amar Mahal to Vikhroli. Mumbai India. Oct 11, 2024. (Photo by Raju Shinde/HT Photo) (Hindustan Times)
Updated on Oct 13, 2024 06:38 AM IST

314 Maharashtra housing projects registered with MahaRERA face insolvency

The list includes projects by developers such as Lavasa, Wadhwa Buildcon, Godrej Properties, Sheltrex Karjat (Tanaji Malasure), RNA Corp, Radius among others

A total of 314 housing projects across Maharashtra, registered with the state's Real Estate Regulatory Authority (MahaRERA), are currently facing insolvency and bankruptcy proceedings. Representative Image(HT File / Representative Photo)
Updated on Oct 16, 2024 01:24 PM IST

As Coastal Road grows, is real estate in south Mumbai on the cusp of revival?

Urban planners and real estate experts say the new link between the Mumbai Coastal Road and the Bandra-Worli Sea Link will help Nariman Point grow

Mumbai, India – July 11, 2024: An aerial view of Dharamveer, Swarajya Rakshik Chhatrapati Sambhaji Maharaj Mumbai Coastal Road Project Phase 3 North route opened for vehicular traffic from 11 July 2024 in Mumbai India, on Thursday, July 11, 2024. (Photo by Bhushan Koyande/HT Photo)
Updated on Oct 11, 2024 09:15 AM IST

Abhyudaya Nagar’s redevelopment gets rolling

Mhada bids to redevelop Abhyudaya Nagar, offering 55% housing for sale. Residents get larger homes, relocation aid; bids due by Nov 21.

Abhyudaya Nagar’s redevelopment gets rolling
Updated on Oct 10, 2024 08:40 AM IST

Passengers face 30-minute delays during morning rush at Aqua Line

Mumbai's Metro Line 3 faces delays of 30-40 minutes due to operational glitches, frustrating commuters during the morning rush hour.

Passengers face 30-minute delays during morning rush at Aqua Line
Updated on Oct 10, 2024 08:06 AM IST

MHADA to put 20,000 houses on sale by mid-2025

On Tuesday, MHADA conducted the sale of 2,030 homes at various locations in Mumbai, for which it had received an overwhelming 1,34,350 applications

On Tuesday, MHADA conducted the sale of 2,030 homes at various locations in Mumbai, for which it had received an overwhelming 1,34,350 applications.(Mehul R Thakkar/HT)
Updated on Oct 09, 2024 09:50 AM IST

Atal Setu: 700% rise in trucks, buses using bridge; cars increase by only 31%

Heavy vehicles such as trucks, which use the bridge, shot up by over 700% between January and August, but the corresponding rise in private cars was only 31%

The total number of vehicles using India’s longest sea bridge rose from 5.20 lakh in January to over 7.25 lakh in August. (ANI)
Updated on Oct 08, 2024 09:23 AM IST

Mumbai Metro 3 day one: Tepid start, but numbers grow despite ticketing glitch

Mumbai's Aqua Line Metro3 began operations, attracting 15,700 passengers on day one, easing commutes despite initial ticketing issues

Among the 10 stations on the first phase of the Aqua Line, Marol Naka was busiest on day one. It services office-goers from SEEPZ, MIDC and JVLR at the northern end of the line, and Bandra-Kurla Complex at the southern end. (Raju Shinde/HT Photo)
Updated on Oct 08, 2024 09:08 AM IST

PM launches MetroConnect3 app

PM Modi launched the MetroConnect3 app to enhance Mumbai Metro travel, offering station info and last-mile planning. Metro Line 3 to debut soon.

PM launches MetroConnect3 app
Updated on Oct 06, 2024 06:34 PM IST

Wait till Monday to ride the underground Aqua Line

The Mumbai Metro Rail Corporation (MMRC) had planned to open this section for commercial operations on Sunday, but that plan has changed. “Since the inauguration took place in the evening, we will need to prepare the stations for public operations

**EDS: IMAGE VIA @narendramodi ON SATURDAY, OCT 5, 2024** Mumbai: Prime Minister Narendra Modi interacts with the labourers involved in constructing the underground line during a ride in the newly inaugurated metro train of the Bandra-Kurla Complex (BKC) to Aarey JVLR section of Mumbai Metro Line 3, Maharashtra, Saturday, Oct 5, 2024. (PTI Photo)(PTI10_05_2024_000413B) (PTI)
Updated on Oct 06, 2024 07:22 AM IST

Aarey JVLR to BKC metro receives safety clearance

On Thursday, the chief commissioner of Metro rail safety issued the last set of clearances for the stretch which will be inaugurated by PM Modi

uilt at a cost of <span class='webrupee'>₹</span>37,275.82 crore, the entire Metro 3 corridor is scheduled to be ready by June 2025. But the route’s operation may be extended till Acharya Atre Chowk at Worli by February 2025. (Hindustan Times)
Updated on Oct 04, 2024 09:56 AM IST

MMRC looks to raise 5,173 crore from Nariman Point plot

The plot earlier housed offices of various political parties, including that of the undivided Nationalist Congress Party

MMRC looks to raise <span class='webrupee'>₹</span>5,173 crore from Nariman Point plot
Updated on Oct 04, 2024 07:02 AM IST

Bandra-Worli Sea Link contractor terminated for toll, maintenance defaults

MSRDC has terminated the toll collection contract for Mumbai's BWSL and Mumbai-Nagpur Expressway due to irregularities and poor maintenance

This is not the first time the company, Roadway Solutions India Infra Limited, has run into trouble with city authorities. (Unsplash)
Updated on Oct 03, 2024 09:37 AM IST
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