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Mumbai Ranks 47th in global wealth index report

Mumbai ranks 47 on the “city wealth index” of 314 global cities in the Knight Frank Wealth Report 2018 released on Wednesday. India’s financial capital is also among the Top 20 costliest global cities; $1m or Rs 6.5 crore can buy a 990-square-foot house in Mumbai, said the report. Mumbai and Delhi, it added, would be among Top 10 markets ... Read More »

Navi Mumbai Airport first phase likely to be ready by Dec 2019.

The first phase of the Navi Mumbai international Airport (NMIA) which will have a capacity to handle 50 lakh passengers will be operationalised by December 2019. The entire project which is worth rs 16,700 crore, and will take the load off already saturated Chatrapati Shivaji International Airport in Mumbai, will be completed in another two-and-half years after the first phase ... Read More »

Mumbai , Delhi world’s best airport : Global passenger survey.

The next time you board a flight from Mumbai, do know you are stepping into the world’s best airport, according to ACI a trade association of 1953 airports in 176 countries. ACI announced its annual airport service quality award on Tuesday and Mumbai tied with Delhi for top position among airports handling over 40 million passenger annually . Beijing and ... Read More »

Shivaji Statue to be built by L&T for rs 2500 crore.

The state government on Thursday finalized a Rs 2,500-crore deal with Larsen & Toubro for building a 210-metre tall Shivaji memorial, pegged as world’s tallest statue, off the Mumbai coast. L&T must complete the project in 36 months. The government has been negotiating the cost with L&T for almost a year. The infra giant, which had emerged as the lowest ... Read More »

Buses for Women “Tejaswani” expected to start from March 8.

The NMMC is gearing up to begin service of tejaswani buses driven by women for women commuters soon. The mini buses will be delivered to NMMT in a month. The NMMC is planning to introduce the service as a gift to women,to mark the international Women’s day which is observed on March 8th. While state transport has recruited women drivers ... Read More »

Roadpali water woes to end by Rs3-cr project.

Residents od roadpali who hae been facing acute water shortage will soon get some relief. The city and industrial development corporation has taken up a Rs 3 crore project to provide adequate water supply in the area. The tender for the project which will require a 3-km pipeline , was released on Tuesday. The project is expected to cost around ... Read More »

Taloja-Kalyan metro detailed plan in 15 days.

The Taloja-Shilphata-Kalyan Metro project will soon get a push. This route is around 24km and will connect Diva,Shilphata,Dombivli 27 villages Kalyan and Mumbra. The Delhi /Metro Rail Corporation undertook the feasibility survey of the route in April 2017. After MMRDA announced Thane -Bhiwandi and kalyan metro and Thane Kasarvadavli metro in 2016 Dombivli residents had demanded that they too should ... Read More »

JNPT’s capacity to double by 2022 to be equivalent to Euro ports

The countries biggest container cargo terminal, JawaharLal Nehru Port Trust ,will be on par with European ports by 2022 when it is expected to handle 10 million teus annually . Before that its capacity is set to go up by 50% from the present 4.8 million teus per year with the launch of the first phase of its fourth container ... Read More »

16 New trains makes Trans Harbour Commute Smoother

There has been a drastic change since January 31 after the central railway introduced 16 more trains on the route. As many as 2.10 lakh railway commuters have been benefited from the increased train service on trans harbour line. Trains are now available on the route in every 10 minutes. Earlier there were 246 trains running on the line. Now ... Read More »

Bullet train work to start in June 2018, plan moves 1 year earlier.

Work on the bullet train , appears to be moving in high speed. Civil work on 508 Km long Mumbai-Ahmadabad high speed rail corridor has been fast tracked to begin in June this year and railway authorities has advanced the completion deadline to August 15, 2022 to 2023 earlier, to coincide with 75 years of India’s Independence. Tests have also ... Read More »