Property News
Mumbai real estate market updates & industry insights
Articles
Rising Property Prices Aren't Slowing Buyers—Here's What Brokers Should Take Away
Stable housing affordability despite rising prices offers brokers a valuable opportunity to educate buyers, reconnect with existing clients, and position themselves as trusted advisors in an increasingly knowledge-driven real estate market.
Articles
Akshay Kumar Sells Two Mumbai Apartments: Here's What Investors Can Learn
Akshay Kumar's recent sale of two Mumbai apartments may appear to be another celebrity real estate transaction, but it highlights a much larger trend unfolding across the city's property market. As infrastructure improves, redevelopment accelerates and micro-markets mature, high-net-worth individuals are increasingly treating residential properties as strategic investment assets rather than permanent homes.
Real Estate News
A new digital system improves Mumbai property transparency
Market Trends
Ajmera Realty posts record FY26 sales
RERA & Legal
Housing societies cannot charge tenants beyond non-occupancy fees, ruling holds
Housing Societies Cannot Charge Extra Fees on Rented Flats Beyond Non-Occupancy Charges Introduction A recent directive has clarified that housing societies cannot impose additional fees on members who rent
Real Estate News
Runwal Enterprises secures SEBI approval for a ₹1,000 crore IPO
Runwal Enterprises Gets SEBI Nod for Rs.1,000 Crore IPO Runwal Enterprises Gets SEBI Nod for Rs.1,000 Crore IPO Introduction Mumbai-based developer Runwal Enterprises has secured a
Market Trends
Mumbai property transactions and stamp-duty revenue climb in July 2025
Mumbai Real Estate Sees Surge in Transactions and Stamp Duty Revenue – July 2025 Mumbai Clocks 1,101 Cr in Stamp Duty Revenue in July 2025: What It Means for Buyers & Sellers Mumbai’s real esta
Commercial
Birla Estates plans a Thane project backed by a ₹272 crore IFC investment
Birla Estates Set to Transform Thane’s Skyline: Backed by IFC with 272 Crore Investment Birla Estates Set to Transform Thane’s Skyline: Backed by IFC with 272 Crore Investment Mumbai | Real Estate N
Commercial
Tesla expands in India with a new Mumbai office
Tesla Expands India Presence with New Office in Mumbai Tesla has leased a 24,500 sq ft office space in Mumbai’s Kurla West area, marking its fourth office in India as part of its broader expansion
Commercial
Samsung India expands with over 60,000 sq ft of space
Samsung India Expands Operations with 60,000+ sq. ft space Samsung India Electronics has expanded its operations in Chennai with a significant move to lease 1,000 desks at WeWork’s Olympia Cyberspace f
Affordable Housing
96 dangerous cessed-building families to get ₹20,000 monthly rent from MHADA
MHADA to Provide 20,000 Rent for Residents of 96 Dangerous Cessed Buildings The Mumbai Building Repairs and Reconstruction Board (MBRRB), a unit of the Maharashtra Housing and Area Development Authority (MHADA), has de
Commercial
MMRDA allots a BKC commercial plot to a Schloss Bangalore consortium
MMRDA Allocates Commercial Plot in BKC to Schloss Bangalore Consortium The Mumbai Metropolitan Region Development Authority (MMRDA) has approved the allotment of an 8,411.88 square meter commercial plot in Bandra-
Market Trends
Unsold luxury homes in Mumbai rise 36% in Q1 2025
Mumbai Sees 36% Rise in Unsold Luxury Homes in Q1 2025 Unsold luxury homes (priced above 2.5 crore) in Mumbai have seen a 36% rise in the first quarter of 2025, with approximately 8,420 units remai
RERA & Legal
Maharashtra housing societies flag concerns over draft redevelopment and maintenance rules
Maharashtra Housing Societies Raise Concerns Over Draft Rules for Redevelopment and Maintenance Housing societies in Maharashtra have raised concerns about several aspects of the draft rules framed under the Maharashtra Cooperative Societ
Market Trends
Mumbai property registrations slip 4% in May 2025 even as stamp-duty receipts rise
Property Registrations in Mumbai Decline 4% in May 2025, Stamp Duty Collections Rise Property registrations in Mumbai saw a decline of 4% year-on-year in May 2025, with a total of 11,565 properties being registered. Despite thi
Commercial
Kanakia Group forms a JV to build BKC office space
Kanakia Group Forms Joint Venture to Develop Office Space in Mumbai's BKC Kanakia Group has announced a strategic joint venture with Hines, Mitsubishi Estate Co. (MEC), and Sumitomo Corporation to develop a large-sca
Luxury Homes
Godrej Properties picks up a 14-acre Pune land parcel for premium housing
Godrej Properties Acquires 14-Acre Land Parcel in Pune for Premium Housing Development Godrej Properties has acquired a 14-acre land parcel in the Kharadi-Wagholi region of Pune for a new residential development project. The deve
Commercial
Tata Digital takes 59,000 sq ft of Lower Parel office space at about ₹1.18 crore a month
Tata Digital Leases 59,000 Sq Ft Office Space in Mumbai’s Lower Parel for ?1.18 Crore Monthly Tata Digital, the digital business entity of the Tata Group, has secured a long-term lease for nearly 59,000 sq ft of office space across thre
Real Estate News
Shapoorji Pallonji Group seals India's largest private-credit deal
Shapoorji Pallonji Group Secures India’s Largest Private Credit Deal Mumbai-based real estate and construction giant Shapoorji Pallonji Group has raised $3.4 billion in one of India's largest-ever private cr
Affordable Housing
Maharashtra CM clears the Dharavi redevelopment master plan
Maharashtra CM Approves Dharavi Redevelopment Master Plan The Maharashtra government has approved the Dharavi redevelopment master plan, a significant step towards transforming one of Asia’s largest s
Affordable Housing
Ramky Estates enters slum redevelopment with a Chembur project
Ramky Estates Ventures into Slum Redevelopment Project in Chembur Ramky Estates & Farm, a Hyderabad-based realty developer, has officially entered the Mumbai property market with a significant slum rehabi
Commercial
AU Small Finance Bank buys a Bandra commercial tower
AU Small Finance Bank Acquires Commercial Tower in Bandra AU Small Finance Bank has made a significant acquisition by purchasing an 11-storey commercial tower in Mumbai’s Bandra for 371 crore. The ban
Policy & Government
Maharashtra cabinet clears the 2025 housing policy with ₹70,000 crore in investment
Maharashtra Cabinet Approves State Housing Policy 2025 with ?70,000 Crore Investment The Maharashtra Cabinet has approved the state housing policy for 2025, titled ‘Majhe Ghar – Majhe Adhikar’ (My Home – My Rights), with an amb
Affordable Housing
SRA invites tenders to revive ten stalled Mumbai slum projects
SRA Invites Tenders for Redevelopment of Ten Stalled Slum Projects in Mumbai The Slum Rehabilitation Authority (SRA) has taken a significant step towards reviving stalled slum redevelopment projects in Mumbai by invitin
Project Launch
L&T Realty adds a 34-acre Panvel land parcel
L&T Realty Acquires 34-Acre Land Parcel in Panvel L&T Realty, the real estate arm of Larsen & Toubro, has made its first outright land acquisition, securing a 34-acre parcel in Panvel,
Affordable Housing
More than 50 builders show interest in Mumbai's slum-rehab plan
Over 50 Builders Express Interest in Mumbai's Slum Rehabilitation Plan The Brihanmumbai Municipal Corporation (BMC) has received significant interest from prominent developers for its slum rehabilitation initiativ
RERA & Legal
Court orders a Pali Hill society to vacate Bandra land
Court Orders Pali Hill Society to Vacate Land in Bandra In a landmark ruling, the Bombay High Court has directed the residents of Cozihom Cooperative Housing Society, located in the prestigious Pali
RERA & Legal
Kanakia Group seeks NCLT nod to demerge its real-estate arm
Kanakia Group Seeks NCLT Approval for Demerger of Real Estate Arm Mumbai-based Kanakia Group is seeking approval from the Mumbai bench of the National Company Law Tribunal (NCLT) to demerge its real estate di
RERA & Legal
MahaRERA de-registers 19,000 property brokers in a compliance drive
MahaRERA De-registers 19,000 Property Brokers Amid Compliance Efforts The Maharashtra Real Estate Regulatory Authority (MahaRERA) has de-registered a significant number of property brokers, totaling 18,693, as pa