Poonam Gulab Mansion Sion West, Mumbai

Mumbai's Seven Lakes Reach Nearly 50% Capacity, Easing Water Crisis Concerns

Heavy rainfall has increased water storage in Mumbai's seven lakes to 7.03 lakh ML, which is 48.59% of their capacity. This has eased fears of a water shortage, though a decision on withdrawing water cuts will depend on future lake levels.

27 Underground Parking Facilities to Combat Mumbai's Parking Crisis

Mumbai is set to develop 27 underground parking facilities, one in each administrative ward, to alleviate the severe parking shortage. This project, backed by the BMC Budget 2026-27, will create parking beneath existing gardens and playgrounds, reducing roadside parking and traffic congestion.

BMC to Take Over 24 Major Flyovers and Road Structures from MSRDC for Faster Repairs

The Brihanmumbai Municipal Corporation (BMC) is preparing to take over 24 major flyovers and several key road structures from the Maharashtra State Road Development Corporation (MSRDC). This move aims to establish a single point of authority for maintenance, repairs, and pothole filling, promising faster response times.

During Q2'2026, average property prices for Poonam Gulab Mansion moved from ₹ 26,700/sqft to ₹ 27,850/sqft, reflecting a 4.31% rise.

During Q1'2026, average property prices for Poonam Gulab Mansion moved from ₹ 23,950/sqft to ₹ 26,700/sqft, reflecting a 11.48% rise.

Structural Works reach 51% completion, External Works has reached 54%, Internal finishing stands at 54%, MEP Services including lift and staircases, are now 70% done.

Gulab Mansion, officially launched on 08-Mar-2018 and expected to complete by 31-Aug-2027. Registered under RERA No. P51800015543. The project comprises 1 towers and offers 7 residential units, including FLOOR 1, FLOOR 2, FLOOR 3, FLOOR 4, FLOOR 5, FLOOR 6, FLOOR 7, with unit sizes ranging from 1206 to 2034 Square feet across a total area of 1.11 Acre.