Lodha Palazzo Juhu, Mumbai

Maharashtra Government Establishes 25-Year Water Management Blueprint for MMR

The Maharashtra government has formed a high-level study group to create a 25-year water management blueprint for the Mumbai Metropolitan Region (MMR) up to 2051. The group, led by retired secretary Dr. Sanjay Belsare, will assess future demand, resources, identify shortfalls, and propose solutions including recycled water and rainwater harvesting.

New Underground Water Tunnel to Bolster Mumbai's Water Supply

The Maharashtra government has approved an 8-km-long underground water tunnel project between Pise and Panjrapur in Thane district. This project, to be executed by the BMC, aims to supplement aging pipelines from Bhatsa Dam, thereby strengthening Mumbai's water transportation network.

Mumbai's Water Stock at 95.97% with Seven Lakes Holding High Levels

Mumbai's water stock has reached 95.97%, with seven lakes maintaining high levels. This ensures a stable water supply for the city, though civic authorities continue to monitor reservoir levels and rainfall.

During Q3'2026, average property prices for Lodha Palazzo moved from ₹ 77,700/sqft to ₹ 79,850/sqft, reflecting a 2.77% rise.

During Q2'2026, average property prices for Lodha Palazzo moved from ₹ 75,150/sqft to ₹ 77,700/sqft, reflecting a 3.39% rise.

MMRDA Presents Surplus Budget with Significant Allocation for Infrastructure

MMRDA has presented a surplus budget of ₹48,072 crore, with 87% allocated to infrastructure projects, including roads, public transport, and urban development. A notable provision of ₹4,000 crore is earmarked for the development of Mumbai 3.0 New Town, aiming for planned urban expansion.

BMC Budget Includes ₹6,475 Crore for Water Security Projects

The BMC's FY26-27 budget includes a substantial allocation of ₹6,475 crore for water security initiatives. This funding is designated for projects such as the Manori desalination plant (₹500 crore) and the Gargai project (₹437.51 crore), aimed at augmenting the city's water supply capacity.

Mumbai-Pune Expressway 'Missing Link' Project Set for May 1 Inauguration, Promising Safer and Faster Travel

The highly anticipated 'Missing Link' project on the Mumbai-Pune Expressway is set to be inaugurated on May 1, significantly reducing travel time by approximately 30 minutes and enhancing safety. The 10.5-km stretch features tunnels and a bridge, bypassing the accident-prone Khandala Ghat. This infrastructure upgrade is expected to ease traffic congestion, improve travel safety.

During Q1'2026, average property prices for Lodha Palazzo moved from ₹ 65,150/sqft to ₹ 75,150/sqft, reflecting a 15.35% rise.