Property News
Mumbai real estate market updates & industry insights
Articles
BMC Builds 880-Metre Borivali Cable-Stayed Bridge
The ₹341.59 crore Borivali flyover will create a direct link between Western Express Highway and Link Road, with a 500-metre cable-stayed section and completion planned for May 2028.
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Powai Land Deal Faces ₹100 Crore Fraud Probe
An alleged ₹100 crore land fraud involving 1.33 acres in Powai has come under investigation, with eight parties booked over disputed ownership claims and development agreements.
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Prestige, Valor Get Relief in Mahalaxmi Turf View Case
The Bombay High Court has restored earlier regulatory orders for the Turf View project in Mahalaxmi, bringing closure to a long-running dispute involving homebuyers, Prestige Estates and Valor Estate.
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BMC AI Portal to Streamline Mumbai Redevelopment
Mumbai's civic body is planning an AI-enabled redevelopment portal designed to reduce procedural delays and improve transparency for developers, architects, housing societies and other stakeholders.
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6,831 Sq Ft Worli Flat Gets ₹28.5 Lakh Rent
A 6,831 sq ft apartment at Three Sixty West has secured a ₹28.5 lakh starting monthly rent under a three-year lease worth approximately ₹10.78 crore.
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Raymond Records ₹902 Crore Q2 Pre-Sales
Raymond Realty nearly doubled its Q2 FY27 pre-sales to ₹902 crore without launching a new project and is now preparing more than ₹4,100 crore of new development in Mahim.
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Raymond Lines Up ₹4,100 Crore Mahim JDA Pipeline
Two Mahim joint development projects with a combined GDV exceeding ₹4,100 crore form a major part of Raymond Realty's upcoming MMR launch pipeline after Q2 pre-sales reached ₹902 crore.
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MTNL Plans ₹891.53 Crore Sale of 5.16-Acre Powai Property
MTNL's board has cleared the proposed ₹891.53 crore transfer of a 5.16-acre property on Technology Street, Powai, to the Income Tax Department as part of its ongoing asset monetisation programme.
Articles
Mahindra Adds 3 Mumbai Societies With ₹1,500 Crore GDV
Mahindra Lifespaces has expanded its Mumbai redevelopment pipeline with three society additions across Borivali and Chembur carrying a combined potential GDV of ₹1,500 crore.
Articles
Brookfield REIT, NCW Complete ₹1,700 Crore Godrej BKC Deal
Brookfield India REIT and NCW’s Prime Offices Fund have completed the acquisition of three office floors at Godrej BKC through a 50:50 partnership, adding 2.64 lakh sq ft of Grade-A commercial space to their portfolio.
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Akshaye Khanna Closes ₹33.26 Crore Malabar Hill Property Deal
A ₹33.26 crore luxury home transaction has been registered at 30 Little Gibbs in Malabar Hill, where actor Akshaye Khanna has acquired a 2,341 sq ft carpet-area apartment with three parking spaces.
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Godrej Secures 2.5-Acre Marine Lines Project
Godrej Properties has entered into a development agreement for a 2.5-acre Marine Lines land parcel as MICL and Shreepati Group transfer development rights for the proposed South Mumbai luxury project.
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₹711 Crore Embassy Terazza Juhu Tower Deal
Angel One founder Dinesh Thakkar has entered into an MoU with Embassy Developments for an entire 63,000 sq ft residential tower at Embassy Terazza in Juhu for approximately ₹711 crore.
Articles
41.54 Sq Ft Shortfall Costs Mumbai Builder ₹7.39 Lakh
A Maharashtra consumer commission has ordered compensation of ₹7.39 lakh after an architect found that a Malad West apartment measured 518.46 sq ft instead of the contracted 560 sq ft.
Market News
Kamathipura redevelopment: an advisor’s verification checklist
How property advisors can separate a neighbourhood redevelopment plan from a verified opportunity for a particular client.
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Sonu Nigam Closes ₹18 Crore Commercial Property Deal in BKC
A 3,082 sq ft ground-floor commercial property owned by Sonu Nigam at Trade Centre in BKC has been sold to SAA Estate LLP for ₹18 crore.
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Mumbai's 149-km Coastline Faces Fresh BMC Climate Risk Mapping
Mumbai's changing coastline will undergo a new BMC assessment examining sea-level rise, reclaimed land, coastal construction and populations living in vulnerable areas.
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MahaRERA Directs L&T to Complete Pending Crescent Bay Repairs
MahaRERA has ordered L&T Parel Project LLP to resolve long-pending building and common-area deficiencies at Crescent Bay Tower 5, reinforcing developer obligations for defects reported within the liability period.
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Sachin Tendulkar Closes ₹70 Crore Lonavala Land Deal
Three registered transactions have given Sachin Tendulkar interests in approximately 3.86 acres of Lonavala land, including full ownership of a 3.09-acre parcel.
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GIS-Linked Sale Deeds Planned Across 10 Maharashtra Districts
Maharashtra is preparing a GIS-based property registration system that could digitally map land mentioned in sale deeds and strengthen transaction verification.
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Shapoorji Pallonji Firm Gets HC Relief for 48-Acre Swadeshi Mills Land
A Bombay High Court ruling has revived plans involving the 48-acre Swadeshi Mills property at Chunabhatti, overturning an earlier order that had blocked the proposal.
Articles
Kamdhenu Realities Acquires ₹150 Crore Thane-Belapur Road Plot
Kamdhenu Realities has acquired four acres from RPG Life Sciences for ₹150 crore, opening up 1.8 million sq. ft. of commercial development potential in Navi Mumbai.
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Mumbai Records 12,503 Property Registrations in August 2026
Mumbai property registrations rose 11% year-on-year in August 2026, while stamp duty revenue increased 12% to ₹1,123 crore.
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Dhuleva Group Secures 2-Acre Marine Lines Redevelopment
A two-acre cluster redevelopment near Marine Lines will provide rehabilitation housing for more than 270 residents and create new luxury residential inventory.
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Why BMC Took Demolition Action at Rustomjee Crown
Unauthorised alterations allegedly converted common areas at Rustomjee Crown into private habitable space, prompting notices and demolition action by the BMC.
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Notandas Realty Plans ₹100 Crore Bandra West Redevelopment
A 788 sq. metre property off Carter Road in Bandra West is set for redevelopment into a luxury residential tower with around ₹100 crore of planned investment.
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Lodha, NITCO Plan ₹4,500 Crore Alibaug Project
A 40-acre development at Thal and Lonare in Alibaug is planned with luxury apartments, townhouses and a boutique hotel.
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45-Storey Commercial Tower Planned in 52-Acre Thane Project By Sugee
A new 52-acre waterfront development near Cadbury Junction will include a G+45 commercial tower with office spaces ranging from around 800 to 6,000 sq. ft.
Articles
2 Bandra Bungalows Set for ₹1,500 Crore Redevelopment
Gladhurst and Kavas Lodge in Bandra West are set to be replaced by two luxury residential towers on a prime site close to Carter Road.