Andheri

A fire broke out at a compound in Andheri suburb of Mumbai on Thursday and spread to six shops, officials said. There was no report of any casualty so far, they said. The blaze erupted at around 1.30 pm in Anees compound located on link road in Sakinaka area of Andheri (East), an official said. The fire was confined to six shops, he said. Five fire brigade vehicles were rushed to the spot and efforts were on to douse the blaze, the official said. The cause of the fire was not yet known.

Upsides from current levels may be capped due to higher valuations

Indian Railway Stations Development Corporation Ltd. (IRSDC) is redeveloping Mumbai's Andheri station as part of its drive to develop railway stations across the country.IRSDC will be redeveloping Andheri Railway Station in a phased manner; the overall area of redevelopment is 4.31 acres, of which 2.1 acres is for Phase 1 construction, and the rest is for the Phase 2 construction. The project cost for Phase 1 redevelopment is Rs 218 crores."In addition to Andheri, IRSDC will be redeveloping Dadar, Kalyan, Thakurli, Bandra, CSMT, Thane, and Borivali stations in Mumbai. The work across these projects is at different stages and is expected to be completed within the stipulated time frame, S.K. Lohia, MD & CEO, IRSDC, said.IRSDC is working on 63 stations, and RLDA is working on 60 stations. As per current estimates, the total investment needed for the redevelopment of 123 stations along with real estate development is about Rs 50,000 crore.

Mumbai's Andheri subway to shut from July 21 to Sep 30 b/w 10 pm and 6 am

Transcon Developers, one of the prominent real estate groups in Mumbai has recently launched its second phase

An official said that it seems that incessant rain caused cracks in the FOB, which later resulted in the collapse

The demand for office space in this location is driven primarily by media houses