The National Stock Exchange of India (NSE) has entered an 80-year lease agreement for a prime 2.7-acre plot in Mumbai’s Bandra-Kurla Complex. The deal comes with a substantial lease premium of Rs 1,684 crore, underlining NSE’s long-term push to secure high-value real estate in the city’s financial hub.
Maharashtra leaders say Mumbai’s redevelopment success must be judged by infrastructure, not just high rise housing. At the Republic Bharat Summit, Deputy CM Eknath Shinde and MMRDA officials outlined a live work ecosystem for Dharavi Redevelopment, linking metro connectivity with schools and hospitals alongside nearly 1.5 lakh new homes to drive a fuller urban transformation.
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MMRDA has secured 216 acres in Raigad for the Mumbai 3.0 project, taking a step forward with a participatory development model. Landowners will be offered multiple compensation choices, as the plan targets a new economic hub with upgraded infrastructure. The project is projected to boost employment and attract investment, reshaping the region’s urban future.
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