Riverdale Tower Andheri East, Mumbai

BMC Floats Tender for ₹13,000 Crore Flood Mitigation Plan

BMC has initiated a tender process to appoint a consultant for a comprehensive ₹13,000-crore flood-mitigation master plan. This plan aims to tackle Mumbai's chronic monsoon waterlogging by upgrading drainage infrastructure, enhancing pumping capacity, improving flood warnings, and incorporating nature-based solutions.

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.

Rent in Riverdale Tower ranges from ₹ 55 K to ₹ 57 K with options available for 1 BHK, 2 BHK.

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.

A total of 71 out of 80 launched units have been booked as of April 2026, including 86% of 1 BHK(18 out of 21), 86% of 2 BHK(37 out of 43), 100% of SHOP (14 units), OFFICE (2 units).

During Q1'2026, average property prices for Riverdale Tower moved from ₹ 23,350/sqft to ₹ 27,050/sqft, reflecting a 15.85% rise.

Structural Works reach 80% completion, External Works has reached 100%, Internal finishing stands at 95%, MEP Services including lift and staircases, are now 98% done.

Halai Constructions, developed by Halai Constructions, officially launched on 24-Aug-2017 and expected to complete by 31-Dec-2018. Registered under RERA No. P51800010271. The project comprises 2 towers and offers 80 residential units, including SHOP, OFFICE, 1 BHK, 2 BHK, with unit sizes ranging from 97 to 2239 Square feet across a total area of 0.46 Acre.