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Chunabhatti’s 48-Acre Land Parcel Moves Towards Development After HC Order
Real Estate • 6/9/2026 • 4 min read

Chunabhatti’s 48-Acre Land Parcel Moves Towards Development After HC Order

The Bombay High Court has cleared the revival of Swadeshi Mills, potentially bringing its 48-acre Chunabhatti property back into Mumbai’s development pipeline. The case also covers the settlement of claims involving 2,834 former mill workers, while any future development remains subject to statutory approvals.

By Sana Khan Editor-in-Chief Signature Media News
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Real Estate

Chunabhatti’s 48-Acre Land Parcel Moves Towards Development After HC Order

Chunabhatti’s 48-Acre Land Parcel Moves Towards Development After HC Order

The Bombay High Court has cleared the revival of Swadeshi Mills, potentially bringing its 48-acre Chunabhatti property back into Mumbai’s development pipeline. The case also covers the settlement of claims involving 2,834 former mill workers, while any future development remains subject to statutory approvals.

Read full story
By Sana Khan Editor-in-Chief Signature Media News
4 min read
Goregaon Gets ₹1,935-Crore Redevelopment Push

Goregaon Gets ₹1,935-Crore Redevelopment Push

Lloyds Realty is undertaking a ₹1,935-crore cluster redevelopment project in Goregaon West covering five housing societies in Mahesh Nagar. Spread across 7.54 lakh sq ft, the project will have around 30 lakh sq ft of construction and 771 homes, including 461 rehabilitation and 310 free-sale units, along with 10 rehabilitation shops. The project highlights the growing shift towards large-scale cluster redevelopment in Mumbai's western suburbs.

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By Sana Khan Editor-in-Chief, Signature Media News
3 min read
Gaurs Group Buys 35 Acres Near Yamuna Expressway for ₹700 Crore

Gaurs Group Buys 35 Acres Near Yamuna Expressway for ₹700 Crore

Gaurs Group has acquired around 35 acres near the Yamuna Expressway for approximately ₹700 crore. The company plans to develop residential projects on the land and expects to launch three to four housing projects in the Noida and Yamuna Expressway region by March 2027.

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By Sana Khan Editor-in-Chief, Signature Media News
3 min read
Mumbai Redevelopment Pipeline Gets ₹5,000-Crore Boost

Mumbai Redevelopment Pipeline Gets ₹5,000-Crore Boost

Arkade Developers has added four redevelopment projects in Mumbai, covering 11.17 acres and offering around 15 lakh sq ft of saleable carpet area. The projects have a combined revenue potential of approximately ₹5,000 crore.

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By Sana Khan Editor-in-Chief, Signature Media News
3 min read
India Housing Market Shifts Towards Premium and Luxury Homes

India Housing Market Shifts Towards Premium and Luxury Homes

India's housing market is increasingly moving towards premium and luxury homes, with the share of homes priced below ₹1.5 crore falling from 85% in Q1 2022 to 47% in Q1 2026, according to CareEdge Ratings. At the same time, higher-priced homes are gaining a larger share of new launches as developers respond to changing buyer demand and rising costs.

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By Sana Khan Editor-in-Chief, Signature Media News
3 min read
₹100 Crore Redevelopment Project Planned in Bandra West

₹100 Crore Redevelopment Project Planned in Bandra West

Notandas Realty has signed an agreement to redevelop Mon Bijou in Bandra West, Mumbai, with an investment of around ₹100 crore. The project will feature a luxury residential tower with a construction area of about 4,914 square metres on a 788 square metre plot near Carter Road.

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By Sana Khan Editor-in-Chief, Signature Media News
3 min read
Bandra’s Parsi Bungalows Set to Give Way to Luxury Towers

Bandra’s Parsi Bungalows Set to Give Way to Luxury Towers

Two historic Parsi-owned bungalows, Gladhurst and Kavas Lodge, on Perry Cross Road in Bandra West are planned for redevelopment into two luxury residential towers by Supreme Universal.The approximately one-acre project is estimated to have a potential sales value of around ₹1,500 crore. Four Parsi tenants currently occupying the bungalows are understood to have relocation arrangements with the developer.The redevelopment reflects Bandra’s changing real-estate landscape, where old bungalow properties are increasingly being replaced by high-value residential towers.Editorial takeaway: The project highlights the tension between Mumbai’s need for redevelopment and the preservation of its historic architectural and cultural identity.

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By Sana Khan Editor-in-Chief, Signature Media News
5 min read

Business

Ather Energy Puts ₹500 Crore Into New Electric Scooter Platform

Ather Energy Puts ₹500 Crore Into New Electric Scooter Platform

Ather Energy is investing around ₹400–500 crore in its new electric scooter platform and has launched the Monarc at ₹99,999. The company is also planning a ₹2,000 crore manufacturing facility in Maharashtra as it looks to expand its electric vehicle business across India.

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By Sana Khan Editor-in-Chief Signature Media News
3 min read
Wipro strengthens AI workforce

Wipro strengthens AI workforce

Wipro is strengthening its Google Cloud partnership to help enterprises bring AI into everyday business processes. The initiative includes 10,000+ AI-certified specialists and 1,500 Forward Deployed Engineers, supporting companies with AI adoption, software development and automation.

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By Sana Khan Editor-in-Chief, Signature Media News
4 min read

Infrastructure

NIIF Raises ₹19,000 Crore for Second Infrastructure Fund

NIIF Raises ₹19,000 Crore for Second Infrastructure Fund

NIIF has raised ₹19,000 crore in the first close of its second infrastructure fund, which targets ₹30,000 crore and will focus on key sectors including energy, transport, digital infrastructure and electric mobility.

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By Sana Khan Editor-in-Chief, Signature Media News
2 min read
Mumbai 3.0 Gets ₹4,000 Crore Push as New Town Plan Moves Ahead

Mumbai 3.0 Gets ₹4,000 Crore Push as New Town Plan Moves Ahead

MMRDA has allocated ₹4,000 crore for the Karnala-Sai-Chirner New Town, or Mumbai 3.0, in its 2026–27 budget. The proposed city will cover 323.44 sq km across 124 villages in Raigad and is expected to become a new centre for housing, business and infrastructure.

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By Sana Khan Editor-in-Chief, Signature Media News
3 min read
₹11,300-Crore New Nagpur Project Seeks Global Capital

₹11,300-Crore New Nagpur Project Seeks Global Capital

NMRDA will present the ₹11,300-crore New Nagpur IBFC project to global investors at an infrastructure and real estate summit in Mumbai on September 3. The project aims to attract investment and could create around 5 lakh jobs.

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By Sana Khan Editor-in-Chief, Signature Media News
3 min read
Kamarajar Port Opens ₹4,288 Crore Second Container Terminal Bid

Kamarajar Port Opens ₹4,288 Crore Second Container Terminal Bid

Kamarajar Port has invited bids for a ₹4,288.26 crore second container terminal. The project will add 2 million TEUs (Twenty-foot Equivalent Units) of container-handling capacity and will be developed in two phases under a 40-year Public-Private Partnership (PPP) agreement. Adani Ports and Special Economic Zone (APSEZ) and Mediterranean Shipping Company (MSC) cannot bid because of rules aimed at preventing a private monopoly.

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By Sana Khan Editor-in-Chief, Signature Media News
2 min read
Amazon’s fashion bet shifts to speed

Amazon’s fashion bet shifts to speed

Amazon is expanding Amazon Now to 300 cities as it looks to bring quick-commerce convenience to fashion and lifestyle shopping. Orders on the service have doubled every quarter, while Prime members are tripling their shopping frequency after adopting it.The company is also seeing a major shift towards Gen Z-led discovery, creator influence and premium fashion.

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By Sana Khan Editor-in-Chief, Signature Media News
6 min read

Policy

India Plans Battery Storage for New Renewable Projects

India Plans Battery Storage for New Renewable Projects

India is considering making battery storage mandatory for new government-backed solar and onshore wind projects from July 2027. The proposal aims to improve grid stability and address the challenge of storing surplus renewable electricity.The plan could boost investment in battery storage, renewable energy and grid infrastructure, marking a shift towards not only generating clean power but also storing and supplying it when demand requires.

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By Sana Khan Editor-in-Chief Signature Media News
3 min read
Mumbai May Get Faster Construction Clearances Under New Airport NOC Plan

Mumbai May Get Faster Construction Clearances Under New Airport NOC Plan

The Centre is considering a major overhaul of the airport construction NOC process to make approvals faster, more transparent and technology-driven. The proposed system could provide building-height information upfront and allow certain NOCs to be processed through local bodies. Mumbai is among the cities being considered, potentially benefiting developers, housing societies and redevelopment projects.

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By Sana Khan Editor-in-Chief, Signature Media News
5 min read
India Makes IST Mandatory as Common Time Standard

India Makes IST Mandatory as Common Time Standard

The new rules are more than a change in how time is recorded. As banking, digital payments, telecom and critical infrastructure increasingly depend on precise timestamps, a common national time reference can improve coordination, reliability and security across these systems.

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By Sana Khan Editor-in-Chief, Signature Media News
3 min read
Maharashtra Revises Recovery Rules, Gives MahaRERA Warrants Priority

Maharashtra Revises Recovery Rules, Gives MahaRERA Warrants Priority

Maharashtra has revised its recovery framework to speed up the collection of dues, giving priority to MahaRERA recovery warrants. The new system introduces defined timelines, dedicated revenue officers and wider asset-tracing measures, with 1,421 cases involving nearly ₹975 crore pending across Mumbai City, Mumbai Suburban, Thane and Pune.

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By Sana Khan Editor-in-Chief Signature Media News
4 min read
ED Flags Red Flags in Property Deals, Warns Homebuyers

ED Flags Red Flags in Property Deals, Warns Homebuyers

The Enforcement Directorate (ED) has urged homebuyers to verify RERA registration, property documents and approvals before making payments, while reporting builders who demand cash, withhold documents or fail to refund money. The advisory follows the provisional attachment of assets worth ₹129.80 crore in an alleged real estate fraud case involving an Ahmedabad-based developer and its promoters.Sources: Official statements, regulatory filings, government documents, company disclosures and credible media reports.

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By Sana Khan Editor-in-Chief, Signature Media News
3 min read

Entertainment

HBO Unveils New Look at Harry Potter Series Ahead of Christmas Premiere

HBO Unveils New Look at Harry Potter Series Ahead of Christmas Premiere

HBO has released a second teaser for its upcoming Harry Potter television series, giving audiences a closer look at the new cast and Hogwarts.The first season will adapt Harry Potter and the Philosopher’s Stone and is planned for eight episodes, with a Christmas 2026 premiere. Dominic McLaughlin, Arabella Stanton and Alastair Stout play Harry, Hermione and Ron respectively, while John Lithgow, Janet McTeer, Paapa Essiedu and Nick Frost join the adult cast.The series aims to explore the original books in greater depth than the films. Its biggest challenge will be creating a fresh identity while living up to the legacy of the original movie franchise.

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By Sana Khan Editor-in-Chief, Signature Media News
3 min read
Ajay Devgn to Host New Season of Crime Patrol

Ajay Devgn to Host New Season of Crime Patrol

Ajay Devgn will host the new season of Crime Patrol – Crime Ka Current Season, premiering August 31 on Sony Entertainment Television and Sony LIV. The show will feature stories inspired by real crime cases and focus on awareness around modern-day situations.

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By Sana Khan Editor-in-Chief, Signature Media News
2 min read
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