Do you know what the stars hold for you in terms of love life, career, business and personal wellness today? Well, read on to know your astrological predictions as per your zodiac sign for May 21. Aries March 21 – April 20This karmic cycle is favourable for legalities/ bureaucratic permissions needed. Those with business overseas, must renew contracts/ permissions on time. Someone doesn’t agree with your views.Cosmic tip: Be happy when a wish manifests. Taurus April 21 – May 20Work/ business is slightly slow today, picking up after 3 p.m. Changing mind-set is usually a struggle (appreciate situational truth).Cosmic tip: Be thankful for this amazing connection and understanding with your spouse/ partner. GeminiMay 21 – June 21Layers of information overlap, leaving you and several others confused. Ask for explanations. Singles meet someone interesting, but family isn’t happy.Cosmic tip: Listen carefully to an explanation as there are too many discrepancies. Cancer June 22 – July 23Getting over heartbreak is easily done since the truth was revealed in strange circumstances. Career/ business is slow today. Health is good. Cosmic tip: Keep alternate plans in waiting mode, using them if needed. Leo July 24 - Aug 23Wonderful times of togetherness are experienced with the spouse/ partner and some renew vows of love and fidelity. Health is good. Cosmic tip: Let go of outdated issues that have no place in today. Virgo Aug 24 – Sept 23Keep doubts to yourself, ask questions to clear misgivings, which in itself lets the issue become a turning point. Good karma draws in blessings from the universe/ Higher Power.Cosmic tip: Think before speaking. Libra Sept 24 – Oct 22A relationship develops small blips that cause distancing from each other. Take two small steps to bring it back to an even better emotional space. Cosmic tip: Regularly clear clutter from personal areas. Scorpio Oct 23 – Nov 22Students are in good form since there’s genuine interest in studying and revising regularly. Be happy with karmic justice. Maintain a healthy diet.Cosmic tip: Be peaceful. Move ahead in life with confidence. Sagittarius Nov 23 – Dec 22All ‘difficult’ periods in life are actually learning experiences. Some teach having trust; others, giving unconditional love and acceptance. Cosmic tip: Never allow anyone to take advantage of you, or talk down to you. Capricorn Dec 23 – Jan 20That special relationship settles down with a warm acceptance and faith in the spouse/ partner. The business incurs more profits and manageable losses. Just enjoy today.Cosmic tip: Look forward to a pleasant surprise. Aquarius Jan 21 – Feb 19Taking the relationship at face value is great, but iron out differences lurking under the surface. Cosmic tip: Enjoy this trip out of town, which for a change is not related to work. Pisces Feb 20 – March 20You are quite worked off your feet today, dealing with multiple jobs/ chores/ projects/ meetings/ negotiations. Cosmic tip: Stay with what is closest to your heart in this karmic cycle of emotional connections.
21 May,2025 02:10 AM IST | Mumbai | Shirley BoseMumbai on Tuesday witnessed heavy rains as Indian Meteorological Department (IMD) has issued a yellow alert for the Mumbai Metropolitan Region (MMR) between May 20 and 24, predicting more showers. Several parts of Western Mumbai witnessed heavy rainfall within just one hour between 8 pm and 9 pm on Tuesday evening, with the Eksar Municipal School area recording the highest rainfall at 61 mm, the Brihanmumbai Municipal Corporation (BMC) said. Following heavy rains in the city, traffic movements were affected at the Andheri subway in western suburbs of the city for a brief period due to waterlogging. The Andheri subway was closed to vehicular traffic on Tuesday after heavy waterlogging disrupted movement in the area.Via: @ranjeetnature Video credits: @AndheriLOCA #Mumbai #AndheriSubway #MumbaiRains pic.twitter.com/u8vzJhlkBB — Mid Day (@mid_day) May 20, 2025 The Mumbai traffic police advised motorists to use an alternate route. अंधेरी सबवे येथे पाणी साचल्याने दक्षिण उत्तर दोन्ही वाहिनीवरील वाहतूक बंद केली आहे. #MTPTrafficUpdate — Mumbai Traffic Police (@MTPHereToHelp) May 20, 2025 According to the Mumbai civic body's data, high rainfall readings were recorded in the western suburbs of the city which included the following: Anand Nagar Muni School – 53 mm Charkop Muni School Sec-1 – 49 mm Malwani Fire Station – 47 mm Juhu Dispensary – 45 mm R/N Ward – 42 mm Versova WWTF & Lagoon – 40 mm Kandivali Fire Station – 39 mm R/C Ward & Kandivali Workshop – 37 mm each Malad Depot – 30 mm Goregaon – 24 mm Aarey Colony, Goregaon – 22 mm Versova Pumping Station – 21 mm #WATCH | Maharashtra: Mumbai city received heavy rainfall this evening. Visuals from Lower Parel area. pic.twitter.com/C5T0g0CV74 — ANI (@ANI) May 20, 2025 The BMC data stated that the eastern suburbs of Mumbai received light rain, with the highest reading at Veena Nagar Municipal School, Mulund – 16 mm. Other areas reported: Bhandup Complex & Guru Govind Marg, Mulund – 13 mm Mulund Check Naka – 12 mm Mulund Fire Station – 11 mm T Ward & surrounding Mulund area – 10 mm The civic body's data further stated that the city region experienced only light rain during this period. Meanwhile, heavy rains also lashed parts of Thane on Tuesday evening, according to the Regional Disaster Management Cell (RDMC) of the Thane Municipal Corporation (TMC). It said that from 08:30 hrs to 20:30 hrs, no measurable rainfall was recorded. However, a sudden downpour brought 32.20 mm of rain between 20:30 hrs and 21:30 hrs, followed by a slight drizzle of 0.60 mm in the next hour. As per RDMC-TMC, the total rainfall for the day stands at 32.80 mm. Earlier in the day, the weather department had also issued a yellow alert for the Mumbai Metropolitan Region (MMR) between May 20 and 24. In its weather forecast, the IMD had stated that MMR is likely to experience thunderstorms, followed by lightning and moderate rainfall along with gusty winds at a speed of 40 to 50 km/hr in isolated regions. Apart from Mumbai, the IMD on Tuesday issued an orange alert for Pune, Satara, Sangli and several other parts of Maharashtra, predicting 'heavy to very heavy rainfall, thunderstorm and lightning on May 20. In its weather bulletin, the IMD said that heavy to very heavy rainfall, thunderstorm with lightning and gusty winds (50-60 kmph) at isolated places were very likely on Tuesday in parts of Maharashtra.
21 May,2025 12:14 AM IST | Mumbai | mid-day online correspondentMaharashtra CM Devendra Fadnavis on Tuesday urged the fishermen to stay alert sighting Indian Meteorological Department (IMD) rough weather warning for the next four days. In a post on X, CM Fadnavis wrote, "The India Meteorological Department (IMD) has warned of a possible low-pressure area forming over the east-central Arabian Sea near the Maharashtra and Goa coasts starting 21 May. It may intensify and move northward by 24 May, leading to rough sea conditions, especially near the western coastline." He stated that while it is not expected to directly threaten the Maharashtra coast, strong winds and rough seas are likely to impact areas near Raigad, Ratnagiri, Mumbai, and Palghar districts in Maharashtra between May 22 and May 24. अरबी समुद्र खवळण्याची शक्यता; मच्छीमारांना सतर्कतेचं आवाहनमहाराष्ट्र आणि गोव्या जवळ अरबी समुद्रात 21 मेपासून कमी दाबाचा पट्टा तयार होण्याचा अंदाज हवामान विभागाने वर्तवला आहे. 24 मेपर्यंत तो अधिक तीव्र होऊन उत्तरेकडे सरकू शकतो. राज्याच्या किनाऱ्याला थेट धोका नसला तरी याचा परिणाम… — CMO Maharashtra (@CMOMaharashtra) May 20, 2025 The Disaster Management Department has issued an alert urging fishermen to avoid deep-sea fishing during this period and take all necessary safety precautions, he wrote further. CM Fadnavis also shared an advisory for fishermen which says- - Check regular weather updates from IMD and local authorities. - Follow instructions from local administration and fishermen’s cooperatives. - Avoid venturing into deep sea. - Refrain from using small boats; operate only near the shore if essential. - Keep safety gear like life jackets and wireless communication devices on hand. - Shift boats and equipment to safe locations to avoid damage from high waves and wind. - Prioritise safety and avoid fishing during rough sea conditions. The Indian Meteorological Department (IMD) has issued a yellow alert for the Mumbai Metropolitan Region (MMR) between May 20 and 24. In its weather forecast, IMD has stated that MMR is likely to experience thunderstorms, followed by lightning and moderate rainfall along with gusty winds in isolated regions. A low-pressure area is likely to form over the east-central Arabian Sea near Karnataka coast around Thursday. As a result, the rainfall activity across Maharashtra is expected to increase between May 19 and 25, particularly affecting Konkan and the ghat areas of Madhya Maharashtra. The IMD has warned of heavy to very heavy rainfall at isolated places, with extremely heavy rainfall expected in parts of South Konkan on May 21. Shubhangi Bhute from IMD Mumbai said, "It could impact weather across Maharashtra, particularly in South Konkan and Mumbai, between May 21 and 24. Heavy rain, stormy conditions and gusty winds are expected during this period. Residents and commuters are advised to follow official weather updates and take necessary precautions."
20 May,2025 11:23 PM IST | Mumbai | mid-day online correspondentA fire broke out in two coaches of the Mahanagri Express train stationed at the Wadi Bunder railway yard in Mazgaon area of Mumbai, civic officials said on Tuesday. They said that the train was stationed at the railway yard for maintenance when a fire was reported in its coaches on Tuesday afternoon. The incident was reported at 4:49 pm and involved bogies B1 and B2 of the AC Three Tier section, an official said. The fire was confined to electrical wiring, switch boards, panels, AC compressors, and other interior items such as seat cushions, blankets, and pillows, an official said. According to the Mumbai Fire Brigade (MFB), no injuries were reported. Following the incident, the railway staff rushed to the spot and ensured that the affected bogies were detached from the rest of the train, helping to prevent the fire from spreading further, the official said. The fire was completely extinguished by 6:11 pm, said the official. Further details are awaited.
20 May,2025 10:01 PM IST | Mumbai | Sameer SurveUnseasonal rains in parts of Maharashtra on Tuesday caused a landslide between Veravali and Vilavade stations on the Konkan Railway line in Ratnagiri district, affecting train services in the region, officials said. The landslide occurred at around 6:30 pm on Tuesday, following heavy rainfall in the area, they said, adding that train movement has been halted at several points along the route, causing delays and inconvenience to passengers. According to Konkan Railway officials, landslide clearance work is being carried out on a war footing, but the ongoing heavy rains are slowing down the efforts. They said that following the incident the boulders and mud clearance work was underway on war footing, an official said. "There is heavy rain in the area. Due to which the clearance of landslides is being delayed," said an official. Parts of Maharashtra on Tuesday witnessed thunderstorm and rains. In a weather bulletin earlier, the Indian Meteorological Department (IMD) predicted heavy rains in some parts of Maharashtra. The IMD had on Tuesday issued a yellow alert for Ratnagiri district, predicting 'heavy to very heavy rainfall and thunderstorm with lightning and gusty winds (50-60 kmph) at isolated places'. A nowcast warning issued by the IMD Mumbai at 4:30 pm on May 20, "Thunderstorm accompanied with lightning and moderate to intense spells of rain with gusty winds reaching 50-60 kmph very likely to occur at isolated places in the districts of Ratnagiri and Sindhudurg during next 3-4 hours." An orange alert for Pune, Satara, Sangli and several other parts of Maharashtra, predicting 'heavy to very heavy rainfall, thunderstorm and lightning on May 20. The weather department has issued an orange alert for Pune, Ghats of Pune, Sindhudurg, Kolhapur, Satara, Sangli, Solapur, Latur and Dharashiv districts of Maharashtra. According to the IMD, a cyclonic circulation is likely to form over the Arabian Sea off the Karnataka coast around May 21. The system could impact weather across Maharashtra, particularly in South Konkan and Mumbai, between May 21 and 24. Heavy rain, stormy conditions and gusty winds are expected during this period. Residents and commuters are advised to follow official weather updates and take necessary precautions, an IMD official said.
20 May,2025 09:24 PM IST | Mumbai | Rajendra B. AklekarThe Maharashtra cabinet on Tuesday unveiled a new housing policy aimed at slum rehabilitation and redevelopment, backed by a substantial investment of Rs 70,000 crore. Talking to reporters after the cabinet meeting, Chief Minister Devendra Fadnavis said the policy focuses on housing for the common man with the motto "My Home, My Right", reported news agency PTI. Chief Minister Devendra Fadnavis stated that the policy prioritises low-income groups, senior citizens, women, industrial workers and students. According to PTI, the policy comprises a comprehensive programme from slum rehabilitation to redevelopment, with an investment of Rs 70,000 crore. The chief minister stated that affordable and inclusive housing for working women, senior citizens and students has been considered, and issues of rental housing and creating land banks have been addressed. "All stakeholders and schemes will be brought on a single portal, 'Maha Awaas'. Government land will be mapped and made available for housing. Sustainability will be an important factor in housing and will be brought in with modern technology. After 2007, a comprehensive and dynamic all-inclusive policy has been formulated," CM Fadnavis stated, reported PTI. CM Fadnavis said vertical slums and SRA buildings are being given incentives for rehabilitation. Fadnavis noted that the new policy considers the housing needs of urban and rural areas. Maharashtra CM Fadnavis warns banks against demanding CIBIL scores for farm loans Banks will face action if they ask for CIBIL scores from farmers as a condition for disbursing agricultural loans, said Chief Minister Devendra Fadnavis during a meeting of the state-level bankers committee he chaired on Monday, as he directed the banks to disburse agricultural loans to farmers. In the meeting, Fadnavis mentioned that farmers are the backbone of the state and agriculture is a major part of its economy. He stated that if agriculture loans are not provided to farmers, in many cases, it even leads to farmer suicide. "This is a serious issue. If banks ask for a CIBIL score from farmers while processing agriculture loans, the respective financial institution will face stern action," the CM warned. Fadnavis mentioned that a target has been set for agriculture loans to be given by banks. "In order to meet these targets, nationalised banks should make special efforts to increase the agriculture loan disbursement and meet the set goals," the CM added. (With PTI inputs)
20 May,2025 08:44 PM IST | Mumbai | mid-day online correspondentFour people, including a child, were killed and several others sustained injured after a slab of one of the four floors of a residential building collapsed on Tuesday afternoon in Kalyan city Maharashtra's Thane district, officials said, reported the PTI. A Kalyan Dombivli Municipal Corporation official confirmed the death toll. "A relief and rescue operation involving teams of Fire Brigade and Disaster Response Force is going on in full swing at the spot," the official said. Kalyan Tehsildar Sachin Shejal told PTI that one person might still be trapped under the debris. Officials said a slab from the second floor of the building collapsed, trapping some residents. One person was killed, and five others have sustained injuries, and efforts are on to rescue others, they said. "The Thane district disaster management cell received the call at around 2:55 pm that the slab of the four-storied building crashed," said Yasin Tadvi, a senior official coordinating the emergency response, according to the PTI. He said that the Thane Disaster Response Force (TDRF) has been called to assist in the operation. Woman killed in wall collapse, opposition tears into Congress over city infra Meanwhile, a 35-year-old woman was killed in a wall collapse on Monday in this city being battered by heavy downpour, even as the opposition BJP targeted the Congress government over the city's infrastructure in the wake of the rains and resultant civic issues, reported the PTI. Deputy Chief Minister DK Shivakumar said the woes faced by the IT capital during rains was not new, but that the government was now working to fix them with a long-term solution, the news agency reported. The city received about 104 mm of rainfall in the last 24 hours, inundating many low-lying areas and leading to traffic pile-up, prompting the BJP to launch a scathing attack on the ruling Congress. Former Deputy Chief Minister and MLA of Malleswaram, CN Ashwath Narayan criticised Shivakumar, saying, "Crores spent. Zero results." Taking to 'X' he said: "Last night's rains didn't expose Bengaluru's infrastructure they exposed @DKShivakumar's track record of the last two years of doing nothing." Karnataka BJP General Secretary and MLA of Karkala, Sunil Kumar Karkala hallenged the government on 'X' to release a white paper on how much has actually been spent on Bengaluru's infrastructure in the last two years. "Visit Silk Board once you'll see your real contribution," he said. (with PTI inputs)
20 May,2025 07:25 PM IST | Mumbai | mid-day online correspondentThe Indian Meteorological Department (IMD) on Tuesday issued an orange alert for Pune, Satara, Sangli and several other parts of Maharashtra, predicting 'heavy to very heavy rainfall, thunderstorm and lightning on May 20. In its weather bulletin, the IMD said that heavy to very heavy rainfall, thunderstorm with lightning and gusty winds (50-60 kmph) at isolated places were very likely on Tuesday in parts of Maharashtra. The weather department has issued an orange alert for Pune, Ghats of Pune, Sindhudurg, Kolhapur, Satara, Sangli, Solapur, Latur and Dharashiv districts of Maharashtra. A nowcast warning issued by the IMD Mumbai at 4:30 pm on May 20, "Thunderstorm accompanied with lightning and moderate to intense spells of rain with gusty winds reaching 50-60 kmph very likely to occur at isolated places in the districts of Ratnagiri and Sindhudurg during next 3-4 hours." A similar weather alert was issued for other parts of Maharashtra. The nowcast warning said, "Thunderstorm accompanied with lightning and moderate spells of rain with gusty winds reaching 50-60 kmph very likely to occur at isolated places in the districts of Pune, Ahmednagar, Satara, Kolhapur, Sangli, Solapur, Osmanabad, Latur, Nanded, Aurangabad, Raigad during next 3-4 hours." A separate weather alert said that thunderstorm accompanied with lightning and light spells of rain with gusty winds reaching 40-50 kmph very likely to occur at isolated places in the districts of Thane, Nashik, Jalna, Beed, Hingoli, Parbhani and Mumbai during next 3-4 hours. "Take precautions while moving out," the IMD Mumbai advised citizens. According to the IMD, a cyclonic circulation is likely to form over the Arabian Sea off the Karnataka coast around May 21. Shubhangi Bhute from IMD Mumbai said, "The system could impact weather across Maharashtra, particularly in South Konkan and Mumbai, between May 21 and 24. Heavy rain, stormy conditions and gusty winds are expected during this period. Residents and commuters are advised to follow official weather updates and take necessary precautions." Meanwhile, the weather department has also issued a yellow alert for the Mumbai Metropolitan Region (MMR) between May 20 and 24. In its latest weather forecast, IMD has stated that MMR is likely to experience thunderstorms, followed by lightning and moderate rainfall along with gusty winds at a speed of 40 to 50 km/hr in isolated regions.
20 May,2025 07:07 PM IST | Mumbai | mid-day online correspondentThe Indian Meteorological Department (IMD) has issued a yellow alert for the Mumbai Metropolitan Region (MMR) between May 20 and 24. In its latest weather forecast, IMD has stated that MMR is likely to experience thunderstorms, followed by lightning and moderate rainfall along with gusty winds at a speed of 40 to 50 km/hr in isolated regions. According to IMD, a cyclonic circulation is likely to form over the Arabian Sea off the Karnataka coast around May 21. Shubhangi Bhute from IMD Mumbai said the system could impact weather across Maharashtra, particularly in South Konkan and Mumbai, between May 21 and 24. Heavy rain, stormy conditions and gusty winds are expected during this period. Residents and commuters are advised to follow official weather updates and take necessary precautions. A low-pressure area is likely to form over the east-central Arabian Sea near Karnataka coast around Thursday. As a result, the rainfall activity across Maharashtra is expected to increase between May 19 and 25, particularly affecting Konkan and the ghat areas of Madhya Maharashtra. The IMD has warned of heavy to very heavy rainfall at isolated places, with extremely heavy rainfall expected in parts of South Konkan on May 21. Thunderstorm activity may also include cloud-to-ground lightning and strong gusty winds, posing potential threats to weak trees, structures, power lines, and crops. Minor damages to kutcha houses, huts, and agricultural assets are possible. Residents are advised to: Avoid staying in open areas during thunderstorms. Refrain from taking shelter under tall trees or structures. Unplug electrical appliances during lightning activity. Stay away from water bodies and conductors of electricity. Farmers are urged to: Harvest matured crops early and store them safely. Provide support to young plants to prevent damage from winds. Avoid irrigation and chemical spraying during this period. Drain excess water from fields and protect stored grains. Keep cattle indoors and ensure their shelters are secure. Meanwhile, the southwest monsoon continues to advance over the southern Arabian Sea and parts of the Bay of Bengal, with further progress expected over the next few days. The evolving weather system, along with monsoonal advancement, signals the onset of an active rainy phase for Maharashtra.
20 May,2025 06:41 PM IST | Mumbai | mid-day online correspondentThe Praja Foundation on Tuesday launched its “Report on the Status of Civic Issues in Mumbai,” with a focus on Water, Sewerage, Solid Waste Management, Toilets, and Air Quality and flagging basic civic shortfalls in the city. The Brihanmumbai Municipal Corporation (BMC), stands out as one of the wealthiest municipal corporations in the world. Its annual budget surpasses that of many Indian states. For 2025–2026, the BMC announced its annual budget to be Rs 74,366.76 crores, 24 per cent more than the last fiscal year. Milind Mhaske, CEO of Praja Foundation said, “Mumbai's water supply system struggles with significant disparities between the available water resources and how they are distributed throughout the city. Mumbai receives 4,370 Million Litres Per Day (MLD) of water daily, but due to pipeline losses, only 3,975 MLD reaches users. Despite the prescribed guidelines by the Ministry of Housing and Urban Affairs, the per capita supply meets the national norms. Slum residents get around 45 litres/day versus 135 litres/day in non-slum areas. The slum households therefore rely on costly private tankers, paying Rs 750/month, compared to Rs 25.76/month for metered users. The promise of 24x7 water supply remains unfulfilled, with only 8 per cent of city zones getting round-the-clock water in 2024, while 71 per cent receive up to four hours daily.” Solid waste management (SWM) in the city is also declining. Complaints about it have increased by 380 per cent (from 5,213 to 25,031) since 2015. The city still relies on two large dumping grounds at Deonar and Kanjurmarg. Recently, the Bombay High Court directed the civic officials to look for an alternative dumping ground and stop using Kanjurmarg, the report said. It said that BMC's Environment Status Report (ESR) 2023–2024 reveals that 5,500 metric tonnes per day (MTD) of waste goes to the Kanjurmarg landfill and 700 MTD goes to the Deonar dumping ground. However, data received through the Right to Information Act paints a different picture. It shows that, in 2024, 6.7 lakh MTD (1,841/day) of waste was transported to Deonar and 18.3 lakh MTD (5,018/day) of waste was dumped at Kanjurmarg. The discrepancies evident in the data raise serious concerns about whether statutory instruments such as ESR reports are being duly considered. Shreyas Chorgi, Manager of Research and Analysis at Praja Foundation, noted, in 2024, “Mumbaikars have recorded over 1.15 lakh citizen complaints -- a sharp 70 per cent increase compared to 2015. Through Mumbai’s Centralised Complaint Registration System (CCRS) in the last 10 years, there has been a 380 per cent increase in complaints about SWM, air pollution complaints have increased by 334 per cent, and drainage complaints have risen by 59 per cent. In 2024, from the total of 14,522 water-related complaints, 44 per cent were about shortage of water. Time taken to resolve all complaints also increased from 32 days in 2023 to 41 days in 2024.” Praja Foundation’s report strongly suggests constructing sufficient, functioning public and community toilets. It also recommends implementing 100 per cent metered water connections in slums to allow them access to the required quantity of water. The report further proposes that biodegradable waste should be composted and promotes the circular economy model, where waste is treated as a resource and reused, recycled, or repurposed.
20 May,2025 06:29 PM IST | Mumbai | Sameer SurveThe Mumbai Metropolitan Region Development Authority (MMRDA) has secured a Rs 1500 crore loan from the Bank of Maharashtra. The funds will be used for the redevelopment of Ramabai Ambedkar Nagar and Kamraj Nagar in Ghatkopar in eastern suburbs of Mumbai, under a large-scale Slum Rehabilitation Authority (SRA) project worth Rs 8498 crore, an official statement said. It said that this is MMRDA’s first direct involvement in a slum redevelopment project, making it a landmark moment in the Authority’s history. The funding marks the first financial closure for the project, signalling serious momentum for Mumbai’s urban transformation, it said. The vision is to transform one of Mumbai’s oldest slum clusters into a modern, dignified living space for thousands of residents. The funding marks the first financial closure for the project, signalling serious momentum for Mumbai’s urban transformation, it said. Maharashtra CM Devendra Fadnavis said, “This redevelopment project exemplifies our government’s commitment to building an equitable, future-ready Mumbai where every citizen has the right opportunity to thrive. Our vision is to uplift communities by providing not just housing, but dignity and security -- and we are relentlessly working towards this through active collaboration with institutions and executing agencies. The Government of Maharashtra has taken a decisive step in resolving redevelopment challenges that have remained unresolved for decades. By establishing sustainable financial models, we are ensuring that even the most ambitious urban renewal projects are completed with transparency, speed, and long-term viability. This initiative is a reflection of our resolve to drive inclusive urban growth that leaves no community behind." As part of its financial strategy, MMRDA plans to raise Rs 3,916 crore through loans. The current loan of Rs 1500 crore is the first tranche and will help kick off Phase 1 of the redevelopment, the statement said. The rest of the funding will come from internal revenue sources and other financial mechanisms. Deputy Chief Minister Eknath Shinde praised the loan approval as a vote of confidence in the government’s vision, stating it would bring lasting change to the lives of thousands of families in Ramabai Nagar. The Ramabai Nagar redevelopment is expected to serve as a model for similar urban renewal projects across the Mumbai Metropolitan Region, combining financial discipline with people-focused development, the statement said. MMRDA Commissioner Dr. Sanjay Mukherjee said, “This is not just a redevelopment project -- it is a blueprint for inclusive and self-sustaining urban renewal. By structuring the project with 46 per cent funding through institutional loans and 39% via internal revenue mechanisms, MMRDA is ensuring fiscal discipline while delivering people-centric development. Ramabai Nagar’s transformation will serve as a model for future SRA initiatives across the Mumbai Metropolitan Region.”
20 May,2025 06:04 PM IST | Mumbai | A CorrespondentADVERTISEMENT
