In a landmark ruling, the Bombay High Court has directed the residents of Cozihom Cooperative Housing Society, located in the prestigious Pali Hill area of Mumbai, to vacate the premises within six m
May 28 2025
The Brihanmumbai Municipal Corporation (BMC) has received significant interest from prominent developers for its slum rehabilitation initiative, with around 50 builders expressing interest in the red
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has de-registered a significant number of property brokers, totaling 18,693, as part of its ongoing efforts to enforce greater transparency
The Maharashtra Cabinet has approved the state housing policy for 2025, titled ‘Majhe Ghar – Majhe Adhikar’ (My Home – My Rights), with an ambitious investment of 70,000 crore. The policy aims to bui
The Bombay High Court has dismissed an appeal filed by a resident of a cooperative housing society, which sought to stop the redevelopment of the building, affirming that the general body’s decision
Mumbai-based Kanakia Group is seeking approval from the Mumbai bench of the National Company Law Tribunal (NCLT) to demerge its real estate division from its other business activities. This restructu
The Slum Rehabilitation Authority (SRA) has taken a significant step towards reviving stalled slum redevelopment projects in Mumbai by inviting bids for the redevelopment of ten such schemes. These s
AU Small Finance Bank has made a significant acquisition by purchasing an 11-storey commercial tower in Mumbai’s Bandra for 371 crore. The bank, headquartered in Jaipur, acquired the property from Ea
Ramky Estates & Farm, a Hyderabad-based realty developer, has officially entered the Mumbai property market with a significant slum rehabilitation redevelopment project in the Chembur suburb. Spa
Macrotech Developers, a leading real estate company based in Mumbai, is setting its sights on expanding into the Delhi-NCR residential market. The company, which operates under the well-known 'Lo
L&T Realty, the real estate arm of Larsen & Toubro, has made its first outright land acquisition, securing a 34-acre parcel in Panvel, near Mumbai, for over 102 crore. This marks a significan
Maharashtra Chief Minister Devendra Fadnavis announced that the BKC to Acharya Atre Chowk section of Mumbai Metro Line 3 will begin operations from May 10, 2025. This marks a significant milestone in
MHADA has launched an initiative to expedite the redevelopment of cessed buildings in Mumbai’s island city. The Maharashtra Housing and Area Development Authority (MHADA) will be reaching out to the
May 10 2025
In a significant move, Amazon India has leased over 1.14 lakh sq. ft. of office space in Mumbai’s Vikhroli area, expanding its presence in the city’s eastern business corridor. The long-term lease ag
Maharashtra has reached a significant milestone, with the Maharashtra Real Estate Regulatory Authority (MahaRERA) registering over 50,000 housing projects. This achievement makes it the only state re
Oberoi Realty has successfully completed the sale of a Rs. 1,250 crore stake in its joint venture company, I-Ven Realty, to Alpha Wave Ventures II LP. The deal was finalised following the board's
Actress Amrita Puri, along with her parents Aditya and Anita Puri, has purchased a luxurious apartment in the World One building, located in Lower Parel, Mumbai, for Rs. 37 crore. The apartment, span
Mumbai's Malabar Hill area is witnessing tensions over the ongoing construction work along Walkeshwar Road, following concerns raised by local residents regarding the shrinking of the road's
May 06 2025
The Maharashtra Housing and Area Development Authority (MHADA) has reported a significant increase in actual receipts for the financial year 2024–25, reaching Rs. 11,334.51 crore, a 39.69% growth com
May 03 2025
The Maharashtra Housing and Area Development Authority (MHADA) is set to make around 15 crore official documents available to the public, a move aimed at improving transparency and streamlining admin
Indian singer Rahul Vaidya and his family have sold two residential apartments in Samartha Aangan, Oshiwara, Mumbai, for a total of Rs. 5 crore. The first apartment, spanning 102.41 square meter
May 09 2025
In a rare outright transaction in South Mumbai's Fort area, Dawat-e-Hadiyah, a charitable trust of the Dawoodi Bohra community, has acquired the heritage building 'Killick House' for over
The Maharashtra State Consumer Disputes Redressal Commission has directed a builder to pay over Rs 12 lakh for delayed possession of flats, missing promised amenities, and causing mental harassment.
In a significant move to tackle illegal construction, the Kalyan-Dombivli Municipal Corporation (KDMC) demolished the plinths of 167 unauthorised buildings in the Baneli area of Titwala. This action
Bollywood actor Vicky Kaushal has renewed the lease for his luxury 2,781.83 sq ft apartment located in Raj Mahal, Juhu, for a three-year period starting from January 2025. The new lease agreement com
In a landmark real estate transaction, Supreme Universal has sold a duplex apartment in its Supreme ArtHouse project on Carter Road, Bandra, Mumbai, for a staggering Rs. 174 crore. The 12,148 sq ft,
Union Commerce and Industry Minister, Piyush Goyal, issued a firm warning on Sunday to builders and officials involved in delays and disruptions in redevelopment projects in Mumbai, stating that they
Apr 29 2025
The Maharashtra Real Estate Regulatory Authority (MahaRera) has rolled out new guidelines to prioritise the hearing of complaints in exceptional circumstances, marking a shift from its usual practice
The Maharashtra Housing and Area Development Authority (Mhada) has officially announced the opening of 114 layouts across Mumbai for redevelopment. This marks a significant step in addressing the cit
In a significant judgment for Maharashtra’s real estate sector, the Nagpur bench of the Bombay High Court has ruled in favour of Shrinivasa Realcon, striking down a GST demand issued by the tax autho
Premium 2,400 sq ft 3 BHK apartments for rent in Lower Parel & Worli—ideal for bankers and MNC employees. Private terraces, smart-home, flexible leases. Indiabulls Skyforest on Dr Anandrao Nair M
In a significant move to provide relief to tenants of old and dangerous buildings, the Maharashtra Housing and Area Development Authority (MHADA) has decided to reduce the ready reckoner (RR) charges
Prestige Estates Projects Ltd's subsidiary, Prestige Hospitality Ventures Ltd (PHVL), has filed preliminary documents with the Securities and Exchange Board of India (SEBI) to launch an initial p
Maharashtra Chief Minister Devendra Fadnavis, along with Deputy Chief Ministers Eknath Shinde and Ajit Pawar, inaugurated the online Transferable Development Rights (TDR) exchange in Mumbai. The new
Aurum PropTech Ltd has posted a consolidated net loss of Rs. 33.37 crore for the fiscal year 2024-25, a significant improvement from the Rs. 55.75 crore loss in the previous year. Despite this loss,
In a bid to address concerns about fraudulent practices in the real estate sector, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has decided to initiate a detailed verification of Occup
In a significant move to aid homebuyers facing long delays in receiving compensation, the Maharashtra government has appointed 12 senior recovery officers tasked with enforcing recovery warrants issu
Maharashtra's ambitious "One State, One Registration" scheme, which was initially slated for a May 1 launch, has been delayed by three to four months due to technical challenges. T
In a significant development signalling its growing focus on the Indian market, Tesla has leased a 30-seater office space in a co-working hub located within Phoenix Market City, Mumbai’s Kurla area.
Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) currently handles an astonishing 150,000 passengers daily, including both arrivals and departures. On an average, this translates to
Apr 26 2025
In a year marked by stock market volatility and macroeconomic uncertainties, Oberoi Realty has posted an impressive 31% year-on-year rise in sales bookings, touching Rs. 5,266 crore in FY 2024-25, as
Apr 21 2025
The Maharashtra Cabinet has approved a significant move to ease the financial burden on property owners in smaller towns by waiving the 2% monthly penalty on property tax arrears in municipal counci
Puravankara has announced pre-sales of Rs. 5,006 crore for the financial year 2024-25, marking a strong year for the company despite the challenging market environment. The company's collections
Kolte-Patil Developers has reported annual sales of Rs. 2,791 crore for the financial year 2024-25, reflecting a slight decline of 1% year-on-year. Despite the muted sales performance, the company s
The Bombay High Court has ordered the Brihanmumbai Municipal Corporation (BMC) to demolish a community hall constructed without permission on a plot reserved for a playground in Ghatkopar, Mumbai. T
The Bombay High Court has dismissed a petition filed by Neelkamal Realtors Suburban Pvt Ltd and directed the builder to complete and hand over eight buildings under the Mumbai Metropolitan Region De
India's real estate sector saw a significant boost in equity investments during the January- March period of FY25, with total inflows reaching USD 2.9 billion, marking a 74% year-on-year increase
Apr 14 2025
The Brihanmumbai Municipal Corporation (BMC) has approved a plan to redevelop slum settlements along the Worli seafront into luxury skyscrapers in partnership with the Slum Rehabilitation Authority (
Maharashtra Government Approves 256 Acres of Salt Pan Land for Dharavi Redevelopment Project The Maharashtra government has approved the allocation of 256 acres of salt pan land in Mulund, Kanjurmar
In a bid to enhance transparency and consumer protection, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a new circular mandating that all housing project advertisements promi
Maharashtra’s Minister of State for Housing recently conducted a detailed review of the ongoing housing projects under the Mumbai Housing and Area Development Board (MHADB). The review aimed to stre
The Maharashtra state cabinet has granted approval for the joint redevelopment of two significant MHADA layouts — Adarsh Nagar in Worli and Bandra Reclamation in Mumbai. The cabinet's decision in
Apr 09 2025
Madhu Chopra, mother of global icon Priyanka Chopra, and her brother, Siddharth Chopra, have leased out a property located in the upscale Koregaon Park area of Pune for Rs. 2.25 lakh per month. The f
Arkade Developers has successfully secured the cluster redevelopment rights for four housing societies near Mahavir Nagar in Borivali West, Mumbai. The project, which spans an area of 7,084 square m
In response to the Union government's newly notified Construction & Demolition (C&D) Waste Management Rules, 2025, Mumbai is preparing to implement stricter waste management measures star
Apr 08 2025
The Navi Mumbai Municipal Corporation (NMMC) has announced that it will soon begin a comprehensive survey of unauthorized buildings within its jurisdiction, following directives from the Bombay High
The Mumbai Metropolitan Region Development Authority (MMRDA) has granted post facto approval for the allotment of a prime plot in the Bandra-Kurla Complex (BKC) to the National Stock Exchange (NSE).
The House of Abhinandan Lodha (HoABL) has filed a formal police complaint with Mumbai authorities, seeking the registration of a First Information Report (FIR) in response to recent allegations made
Several important financial and tax changes will come into effect from April 1, 2025, impacting taxpayers, UPI users, credit card holders, investors, and those engaging with financial institutions. T
The Bombay High Court has ordered the immediate demolition of an illegal construction in Ulhasnagar, Mumbai, and blamed the Ulhasnagar Municipal Corporation (UMC) and local police authorities for the
A major investment fraud case has come to light as the Cuffe Parade police filed an FIR against seven directors of RA Associates, a real estate development company, for allegedly cheating around 70 i
The Mumbai Metropolitan Region Development Authority (MMRDA) has raised a total of Rs. 3,840 crore from the auction of three prime commercial plots in the Bandra-Kurla Complex (BKC), one of Mumbai’s
Adani Group has secured a prime 1.1-acre land parcel in South Mumbai’s prestigious Carmichael Road, located in the exclusive Malabar Hill area, for Rs. 170 crore. This acquisition, made through its s
In a significant development in the Rs. 122 crore embezzlement case involving New India Cooperative Bank, the magistrate's court in Mumbai has declared former bank chairman Hiren Bhanu and his wi
Godrej Properties, one of India’s leading real estate developers, has successfully acquired its first land parcel in the coveted Versova locality of Mumbai's Andheri West region. The acquisition
Raymond, through its fully-owned subsidiary Ten X Realty East, has signed a joint development agreement for a residential project in Wadala, Mumbai. This ambitious project, which is expected to have
Apr 04 2025
In a landmark achievement, the Navi Mumbai Municipal Corporation (NMMC) has collected more than Rs 800 crore in property taxes for the fiscal year 2024-25, setting a new record in the city’s history.
India's office market is experiencing exceptional growth, with leasing activity in the top eight cities rising by 74% in the January- March 2025 quarter. The gross leasing of office space re
The Brihanmumbai Municipal Corporation (BMC) is considering a property tax hike of 12.5-13% as part of its planned five-year revision. This would be the first property tax increase since 2015-16, fol
Runwal Enterprises, a prominent real estate developer based in Mumbai, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs. 1,000 cror
In a new development in the ongoing family dispute, Macrotech Developers, the real estate giant led by Abhishek Lodha, has accused his younger brother Abhinandan Lodha’s firm, House of Abhinandan Lod
In a remarkable achievement, the Thane Municipal Corporation (TMC) has successfully collected Rs 810 crore in property tax for the fiscal year 2024-25, reaching 95% of its target. This represent
The National Stock Exchange (NSE) plans to convert its iconic headquarters in Mumbai's Bandra-Kurla Complex (BKC) into a large captive data center. The exchange will relocate to a newly allotted
Apr 01 2025
Mumbai’s civic body, the Brihanmumbai Municipal Corporation (BMC), is on track to meet its property tax target for the financial year 2024-25, having already collected Rs 6,011 crore or 97% of the re
The Maharashtra government has revised the ready reckoner (RR) rates for property valuations, applicable for stamp duty and taxation, for the financial year 2025-26. After keeping the rates unchanged
United Spirits has announced the sale of a residential property in Mumbai's prestigious Malabar Hill for Rs. 172 crore. The transaction, which was approved by the company's board, was conduct
Homebuyers facing delays in their projects due to insolvency proceedings are encountering obstacles as MahaRERA has stopped hearing complaints when projects enter National Company Law Tribunal (NCLT)
The new supply of housing properties in India's top-9 cities dropped by 34%, with 80,774 units launched between January and March 2025, compared to 1,22,365 units in the same period last year Amo
Sunteck Realty has approved an investment of approximately $10-20 million in Sunteck Lifestyle International (SLIPL), a wholly owned subsidiary. The investment will be made in multiple tranches and w
In a significant ruling, the Bombay High Court clarified that developers cannot use insolvency law to bypass their responsibilities under the Slum Rehabilitation Scheme (SRS). The court ruled that th
Mar 31 2025
In a major move to enhance urban living conditions, the Maharashtra Housing and Area Development Authority (Mhada) has submitted detailed redevelopment plans for slum areas in Jogeshwari, Chembur, an
The Bombay High Court has upheld the removal of Sushanku Builders Ltd from a slum rehabilitation project in Bandra due to significant delays in its completion. The Court dismissed the builder’s plea
The Ulhasnagar Municipal Corporation (UMC) has identified the 100 biggest property tax defaulters in the city, taking action after many property owners failed to pay their dues despite the Abhay Yoja
Mar 27 2025
The Maharashtra government has announced a significant change to facilitate land redevelopment under the 12.5% scheme in Navi Mumbai. In a move to resolve ongoing challenges in the redevelopment of s
Brookfield has successfully entered into a strategic deal in Mumbai’s Powai to expand its commercial real estate portfolio. The deal involves the acquisition of land and a permissible floor space ind
Indian cricketer Suryakumar Yadav, along with his wife Devisha Yadav, has purchased two luxury apartments in the premium residential project, Godrej Sky Terraces, located in Deonar, Mumbai. The total
Mar 26 2025
Godrej Properties has acquired 6.54 acres of land in Navi Mumbai's Kharghar area for 717 crore on a 60-year lease. This acquisition, made through a CIDCO auction, involves three contiguous land p
The Bombay High Court has upheld the decision of a civic body to issue a stop-work notice for a construction project in Ulwe, Navi Mumbai, due to an ongoing land title dispute. The court dismissed th
The ongoing Dharavi Redevelopment Project (DRP) has reached a significant milestone, surpassing the previous survey benchmark with over 63,000 tenements already surveyed. This marks a major advanceme
An FIR has been filed against Wadhwa Group for allegedly cheating Policon Realtors of Rs 57 crore. The case, transferred to the Economic Offences Wing (EOW), accuses Wadhwa Group directors, including
Mar 24 2025
Adani Group is in advanced discussions to acquire Emaar India, a move that will help the conglomerate further expand its property business. The deal is valued at approximately USD 1.4-1.5 billion. Em
Nisus Finance's Real Estate Special Opportunities Fund – 1 (RESO-I) has successfully exited its investment in a wholly-owned subsidiary of Shapoorji Pallonji Real Estate (SPRE), marking the fund&
Ravi Puravankara, the founder of Puravankara Ltd, has acquired 12 commercial properties in Mumbai for a total of Rs 242 crore in his capacity. The properties, which range from 6,750 sq ft to nearly 1
Oberoi Realty has approved a securities subscription agreement (SSA) to sell 21.74% of its shareholding in I-Ven Realty to Alpha Wave Ventures II, LP for a total consideration of Rs 1,250 crore. Unde
The Bombay High Court has upheld the decision to close a suburban mall operated by Grauer and Weil (India) Limited for failing to obtain the required environmental clearance. The court noted that the
Maharashtra's state revenue minister Chandrashekhar Bawankule announced that all pending Maharashtra Real Estate Regulatory Authority (MahaRERA) recovery warrant cases will be resolved within the
Ajmera Realty & Infra India Ltd. (ARIIL) has been selected to redevelop the Ascot Co-operative Housing Society in Shastri Nagar, Andheri West, Mumbai. The project will cover a total land area of
Vageshwari Properties Pvt Ltd has acquired a bungalow in Malabar Hill, Mumbai, for a substantial Rs 276 crore. This landmark property, known as Laxmi Nivas on Nepeansea Road, was once a secret hideou
The Navi Mumbai Municipal Corporation (NMMC) has announced that it will soon auction confiscated properties of property owners with unpaid tax dues. This move comes as a final step for recovering out
Keystone Realtors, part of the Rustomjee Group, has launched its new residential project, Urban Woods, in Dombivli, located in the Mumbai Metropolitan Region (MMR). With a Gross Development Value (GD
Blackstone has launched an open offer to acquire a 26% stake in Pune-based Kolte-Patil Developers (KPDL) for Rs 758.57 crore. The open offer, led by BREP Asia III India Holding Co VII along with othe
Bollywood actor Kajol Devgan has made a significant investment by purchasing commercial retail space in Mumbai’s Goregaon for Rs 28.78 crore. The space, located on the ground floor of a residential t
Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the redevelopment of Motilal Nagar, one of Mumbai's largest housing redevelopment projects, with a bid amount of Rs 36,000 cr
In a significant development concerning the 65 illegal buildings case in Dombivli, the Kalyan tehsildar has directed the police to register a First Information Report (FIR) against a builder accused
Real estate giant DLF is set to invest around Rs 20,000 crore in the medium term to expand its commercial real estate business, which includes both office and retail spaces. The company shared its gr
Hermes Distillery has completed a significant acquisition of ten residential units in the prestigious Prestige Ocean Tower, located in Marine Lines, Mumbai, for a total of Rs 199.35 crore. Each of th
In a significant move to boost redevelopment efforts, Maharashtra Deputy Chief Minister Eknath Shinde has proposed granting Transfer of Development Rights (TDR) for buildings in Mumbai’s airport funn
Mar 11 2025
The Brihanmumbai Municipal Corporation (BMC) has taken strict action against property tax defaulters by seizing and attaching properties belonging to Sumer Build Corporation Private Limited and RR De
Real estate giant Macrotech Developers (Lodha) has entered into an agreement to acquire a 3.4-acre land parcel in Jogeshwari West, Mumbai, from Unichem Laboratories for ?279 crore. Located at Prabhat
The Bombay High Court has given the green light for the redevelopment of 141 acres of Maharashtra Housing and Area Development Authority (MHADA) land in Goregaon (West), known as Motilal Nagar, marki
The Oberoi Group has announced plans to open two new luxury resorts in Rishikesh—an 80-key Oberoi "Vilas" resort and a 120-room Trident resort—as part of its strategic expansion in India’s
Global banking giant BNP Paribas has leased a 3,497 sq. ft. office space in Maker Maxity’s 1 North Avenue, Bandra Kurla Complex (BKC) at a monthly rental of Rs. 811 per sq. ft., making it one of
To handle the surge in property registrations before the financial year ends, all 519 property registration offices across Maharashtra will extend their working hours by two hours daily from March 1,
Mar 10 2025
The rapid surge in housing society redevelopment across Mumbai has led to a significant spike in rental demand, with average rents increasing by 25-30% over the last 12-18 months, far exceeding the
Indian cricket captain Rohit Sharma has leased out his 1,298 sq. ft. apartment in Lodha Marquise – The Park, Lower Parel, for a monthly rent of 2.60 lakh. The lease, registered in January 2025, inclu
The final master plan for the Dharavi Redevelopment Project (DRP) is set to be published within a month, outlining land use patterns across 590 acres. This blueprint will mark the last step before sl
Veteran Bollywood actor Shakti Kapoor has sold his 881 sq. ft. apartment in Silver Beach Heaven Co-operative Society, Juhu, for Rs. 6.11 crore. The transaction, which was registered in
The National Payments Corporation of India (NPCI) is planning to construct a 5 lakh sq. ft. office space in Bandra Kurla Complex (BKC), aiming to accommodate 5,000 employees, The project, expected to
Tesla Inc. has taken a major step toward its India debut by leasing its first showroom in Mumbai’s Bandra Kurla Complex (BKC) at a record Rs. 881 per sq. ft. per month, surpassing Apple Inc.’s previo
The Supreme Court on Friday declined to impose a status quo on the Dharavi redevelopment project, allowing construction to continue while seeking responses from the Maharashtra government and Adani P
Tribeca Developers has appointed Vaibhav Agarwal as its new executive director, a move that comes at a pivotal moment as the company prepares to expand its development pipeline, raise institutional c
Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has partnered with Livingstone Infra to redevelop a cluster of properties in Mahalaxmi,
The Bombay High Court has refused to grant anticipatory bail to 73-year-old builder Umraosingh Ostwal, who is accused of fraudulently altering building plans in a redevelopment project in Jesal Park,
Feb 20 2025
Arkade Developers is set to transform Nutan Ayojan, a co-operative housing society in Malad West, Mumbai, through a major redevelopment project spanning 6,858.90 square meters. The ambitious venture
In a major push for urban redevelopment and improved living conditions, the Maharashtra Housing and Area Development Authority (Mhada) and the Slum Rehabilitation Authority (SRA) have announced plans
In a high-profile transaction that underscores Mumbai’s enduring appeal as a hub for luxury real estate, former cricketer Zaheer Khan, his wife Sagarika Ghatge, and her brother Shivjeet Ghatge have a
In a major development shaking the banking and real estate sectors, a top official from New India Cooperative Bank has been arrested for allegedly embezzling Rs 122 crore. The bank’s general manager
In a remarkable turnaround for Maharashtra’s real estate sector, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has witnessed an unprecedented surge in compliance among developers. The p
Up to 10,000 cooperative housing societies from key cities like Pune, Mumbai, and Thane are eagerly awaiting the implementation of a single-window clearance system to kickstart the self-redevelopment
In a significant real estate move, celebrity Gauhar Khan has purchased three luxury apartments in the prestigious Shiv Kutir Co-operative Housing Society, Versova, Mumbai, for a total transaction val
The Builders Association of India (BAI) and the Maharashtra State Contractor's Association (MSCA), along with the Hot Mix Association and several other groups, have announced that they will step
Aditya Birla Housing Finance Limited (ABHFL), a wholly owned subsidiary of Aditya Birla Capital, has raised Rs 830 crore in funding through Non-Convertible Debentures (NCDs) from the International Fi
In a significant development in the long-standing money laundering case, the Bombay High Court granted bail to DHFL promoters Dheeraj and Kapil Wadhwan on a bond of Rs 1 lakh each. The decision comes
Bangalore-based Arkade Developers is set to transform a 6.5-acre parcel in Dahisar East, Mumbai, with a cluster redevelopment of the Anand Nagar Society. This ambitious project, spanning a plot area
In a significant development for aggrieved homebuyers and the Delhi-NCR real estate market, Suraksha Group-controlled Jaypee Infratech Ltd (JIL) has secured re-validation of RERA registration for sev
Bangalore-based real estate developer Prestige Group is in the advanced stages of securing a 1,050 crore debt refinance from a consortium led by Kotak Mahindra Bank. The secured facility, offered at
More than 15 years after leaving behind their homes on the promise of upgraded living, 640 of the 672 families from Patra Chawl in Siddharth Nagar, Goregaon West, are finally poised to return. This l
Kalpataru Projects International (KPI) has reported a marginal decline in its consolidated net profit for Q3 FY25, with figures showing a 3% dip to Rs 139.59 crore compared to Rs 144.07 crore in the
In Mumbai’s dynamic property market, HDIL once stood as a symbol of promise and progress. However, the once-prominent construction giant has now left approximately 3,000 homebuyers stranded with drea
In a significant move aimed at cracking down on tax defaulters, the Brihanmumbai Municipal Corporation (BMC) has attached 18 buildings owned by DBS Realty in the Chandivli area due to outstanding pro
In recent years, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has been seen as a vital mechanism for safeguarding homebuyers' interests, offering them a platform to seek justice an
In a landmark decision, the Bombay High Court has ordered the demolition of 65 illegally constructed buildings in Dombivli, dealing a severe blow to fraudulent real estate practices. The Kalyan Dombi
After a prolonged legal battle spanning two decades, the Maharashtra Housing and Area Development Authority (Mhada) has successfully reclaimed an eight-acre plot in Juhu from a private builder. The p
India’s real estate sector has emerged as a leader in qualified institutional placements (QIPs) in 2024, raising a total of Rs 22,320 crore. The sector accounted for the highest capital raised and th
Feb 14 2025
India’s Grade A office leasing demand is projected to grow by 8-10% in FY26, reaching 47-49 million sq ft, fueled by robust demand from the banking, financial services and insurance (BFSI) sector, gl
India’s commercial office market is poised for another year of robust growth, with absorption expected to reach 65-70 million sq ft in 2025. The market achieved a record 66.4 million sq ft absorption
Protean eGov Technologies, a leading e-Governance solutions provider, has leased 68,021 sq ft of office space at One International Center, Lower Parel, Mumbai. Colliers India, a real estate services
The Maharashtra Housing and Area Development Authority (MHADA) has announced plans to conduct a structural audit of 1,000 cessed buildings in Mumbai by March 2025 as part of the Maharashtra governmen
Google India and its cloud division, Google Cloud India, have renewed their office leases at the First International Financial Center (FIFC) in Mumbai’s Bandra-Kurla Complex (BKC). The renewed agreem
Kolte-Patil Developers has entered into a joint development agreement for a prime 22-acre residential/mixed-use project in Wadgaon Khurd, on Sinhagad Road, Pune. The project boasts a total potential
Feb 09 2025
Mahindra Lifespace Developers (MLDL), the real estate and infrastructure arm of the Mahindra Group, has been appointed to undertake a major redevelopment project in Lokhandwala Complex, Andheri Wes
Mumbai: Ten X Realty West, a wholly-owned step-down subsidiary of Raymond, has entered into a joint development agreement for a new residential project in Mahim West, Mumbai. The project is estimated
The Brihanmumbai Municipal Corporation (BMC) has collected Rs 1.47 crore in regularisation charges from developer YM Systems after issuing a stop-work notice for unauthorized construction beyond the
Bollywood actress Sunny Leone, also known as Karenjit Kaur Weber, has purchased an office space in Oshiwara, Mumbai, for Rs 8 crore. The transaction was officially registered in February 2025. The of
A case of alleged cheating amounting to Rs 23 crore has been registered against Kamala Mills owner Ramesh Govani and directors of Shivam Parivar Developers Pvt Ltd. The FIR, filed on the orders of
Bollywood actor Akshay Kumar and his wife Twinkle Khanna have sold their luxury apartment in Mumbai’s upscale Worli locality for Rs. 80 crore. The high-end property, spanning a carpet area of 6,830 s
A recent retrospective amendment, effective from July 1, 2017, has barred commercial real estate companies from claiming Input Tax Credit (ITC) on construction costs for their rental buildings. This
Feb 10 2025
The Supreme Court has ruled that real estate developers cannot deduct more than 10% of the basic sale price (BSP) in case a homebuyer cancels their booking. A bench of Justices B R Gavai and S V N Bh
Bollywood director Subhash Ghai and his wife Mukta Ghai have purchased a luxury 4BHK apartment in 81 Aureate, Bandra West, for Rs. 24 crore, according to documents filed with the Inspector Gener
Godrej Properties posted a net profit of Rs. 158.20 crore in Q3 FY25, marking a 152.23% rise from Rs. 62.72 crore in the corresponding quarter last year. The company’s net consolidated total income s
The Brihanmumbai Municipal Corporation (BMC) has announced the implementation of property tax on commercial establishments operating in slum areas, projecting an additional revenue of Rs. 350 crore f
The Brihanmumbai Municipal Corporation (BMC) presented its budget of Rs. 74,427.41 crore for the financial year 2025-26, marking a 14.19% increase from the previous year's estimate of Rs. 65,180.
Bollywood actress Sonakshi Sinha has sold her luxury apartment in Bandra West, Mumbai, for Rs 22.50 crore, according to property registration documents. The transaction was registered in January 202
BlackRock Inc., the world’s largest asset manager, has leased over 1.65 lakh sq ft of office space in Mumbai’s western suburb of Goregaon to establish its Global Capability Center (GCC). The long-ter
Co-working major WeWork India has posted a profit of Rs. 174.13 crore in the first half of the 2024-25 financial year, driven by strong demand for premium flexible workspaces. The company’s total inc
The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman on February 1, introduced significant measures aimed at boosting the real estate sector through housing project support, tax
Mumbai’s real estate market recorded a strong start to 2025, with property registrations rising 12% year-on-year to 12,249 units in January, according to data from Knight Frank India. This marks the
Ajmera Realty & Infra India (ARIIL) has acquired a 1,341.1 sq meter land parcel in Ghatkopar East, Mumbai, for Rs 51 crore through a competitive bidding process from the Karamshi Jethabhai Somaiy
HDFC Bank has leased 4.5 lakh sq ft of office space spanning seven floors in Runwal Realty’s commercial tower, R Square, Andheri East in one of the city’s largest corporate leasing transactions. The
This acquisition by Arkade Developers marks a significant expansion in Mumbai’s western suburbs, particularly in Goregaon West. The acquisition of this four-acre land parcel for Rs. 165 crore, with a
Panasonic Life Solutions India has acquired a land parcel measuring 6,586.90 square meters (approximately 7,877.87 square yards) in Mumbai for Rs.160 crore. The transaction was executed with River Ro
The Maharashtra government is considering a 10% increase in Ready Reckoner (RR) rates from April 1, 2025, based on recommendations from district authorities following consultations with stakeholders.
India’s Real Estate Sector Expands: 1.38 Lakh Projects Registered Under RERA, PMAY-U 2.0 Targets One Crore Homes The Economic Survey 2024-25, presented in Parliament by Finance Minister Nirmala Sitha
DLF Limited continues to strengthen its position as India’s premier real estate developer, achieving remarkable financial milestones and expanding its portfolio of luxury projects. With a legacy of t
Jan 25 2025
Amitabh Bachchan Family’s Investments and Real Estate TransactionsOver the past few years, the Bachchan family has actively engaged in strategic real estate investments, making notable acquisitions,
Jan 22 2025
Mumbai’s Ultra-Luxury Property Market Surges with Record-Breaking Deals at Lodha MalabarMumbai’s Malabar Hill continues to cement its reputation as the most exclusive address for India’s ultra-high-n
Jan 18 2025
GECOM International has made a significant move in Mumbai’s luxury real estate market by acquiring a triplex apartment in Signature Island, Bandra-Kurla Complex (BKC) for nearly 100 crore. This ultra
Jan 17 2025
This transaction highlights the ongoing appeal of Mumbai's coastal real estate, particularly in exclusive locations like Madh Island. The purchase by Jubin Nautiyal at Raheja Exotica underscores
Jan 16 2025
Why Dubai Appeals to Small-Town InvestorsThe real estate landscape in Indian megacities has become prohibitively expensive, pricing out even seasoned investors. Dubai, however, matches the price poin
Jan 15 2025
K Raheja Corp Acquires 5.75 Acres in Kandivali for Rs 466 CroreReal estate developer K Raheja Corp, through its subsidiary K Raheja Corp Real Estate, has signed an agreement to purchase a 5.75-acre l
Mumbai Real Estate Market Achieves Record 1.41 Lakh Registrations in 2024, 11% Higher Than 2023Mumbai's real estate market reached new milestones in 2024, with 1,41,202 property registrations, re
Andheri West: Mumbai's Upcoming Luxury Development with DLF's Transformative TouchAndheri West has long been one of Mumbai's most sought-after neighborhoods, combining vibrant city life w
Arkade Developers has announced plans to redevelop three major housing projects in Mumbai, spanning approximately five acres across Andheri East, Malad West, and Borivali West. These redevelopment in
Jan 13 2025
Interior designer and entrepreneur Sussanne Khan has leased a premium residential property in Jogeshwari West, Mumbai, for a monthly rent of 2.37 lakh, according to real estate consultant Square Yard
The Kalyan-Dombivli Municipal Corporation (KDMC) has announced plans to demolish Yusuf Height, a 10-storey building illegally constructed on land reserved for a garden and night shelter. The demoliti
In a landmark judgment, the Supreme Court (SC) has set aside the Bombay High Court’s (HC) March 2022 decision that directed the Brihanmumbai Municipal Corporation (BMC) to transfer the title of a pri
Bollywood actor Varun Dhawan has made a significant investment in Mumbai’s luxury real estate market by acquiring two high-end apartments worth 86.92 crore in the prestigious Twenty by D'DECOR pr
In a significant move to enforce transparency and protect homebuyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has frozen the bank accounts of over 1,950 stalled or lapsed real est
Macrotech Developers, a leading real estate company under the Lodha brand, has acquired nearly 20 acres of land in Bengaluru for a new housing project worth 2800 crores. This acquisition aligns with
Worli: Mumbai’s Crown Jewel for High-Value Real Estate DealsWorli has firmly established itself as Mumbai’s most sought-after destination for luxury real estate. With elite residential towers like Ob
Jan 02 2025
Sun Pharma Promoter Purchases Luxury Apartments Worth Rs 130 Crore in Naman Xana Worli MumbaiMumbai, December 31, 2024Vibha Shanghvi, a prominent member of the promoter group of Sun Pharmaceuticals I
Deep Financial Consultants Director Acquires Another apartment in Oberoi Three Sixty West by Oberoi RealtyMumbai: A prominent stock market investor and director of Deep Financial Consultants has purc
Dec 26 2024
Oberoi Realty Alibaug to Transform Alibaug creating A New Benchmark in Luxury Real Estate near Mumbai.Oberoi Realty has announced a groundbreaking project to transform an 81.05-acre expanse of land i
Dec 24 2024
Anand Pandit’s Lotus Developers Gears Up for IPO in Mumbai Real EstateAnand Pandit’s Lotus Developers Ltd, a renowned name in Mumbai’s premium real estate sector, has filed its Draft Red Herring Pros
What is FSI?FSI (Floor Space Index) is a critical parameter in real estate development, representing the ratio of the total built-up area to the size of the plot. For example, an FSI of 2 means that
Dec 23 2024
GIS Mapping: Transforming Property Valuations Globally and in MaharashtraGeographic Information System (GIS) mapping is a groundbreaking technology revolutionizing property valuations worldwide. By i
Raymond Realty: The Strategic Demerger Transforming India's Real Estate MarketThe recent approval by the National Company Law Tribunal (NCLT) for the demerger of Raymond Ltd's real estate bus
Changing Mindset as a Real Estate Agent and AdvisorTo excel as a real estate agent or advisor, adopting a growth-oriented and client-focused mindset is key. Here are practical steps to help:1. Focus
Dec 21 2024
Real Estate Owners in Mumbai Paying More Attention to DesignModern Interiors: The Key to Better Pricing, Resale, and Long-Term InvestmentsMumbai’s real estate market, much like Dubai's, is underg
Dec 18 2024
How Does a Company Takeover Work in Real Estate?Property Owned by a Company:The property is owned by a special purpose vehicle (SPV) or a company formed solely for the purpose of holding the property
Declaring Foreign Assets in Tax Returns: A Guide for Indian TaxpayersWho Must Disclose Foreign Assets?Indian taxpayers who are Resident and Ordinarily Resident (ROR) are legally obligated to disclose
When buying a high-rise property in Mumbai, ensuring that your scenic view doesn’t go to waste due to future developments can be challenging. Here’s how buyers can take an informed approach to avoid
Dec 17 2024
Older buildings in South Mumbai that lack scope for redevelopment face a range of outcomes influenced by structural conditions, legal frameworks, and market demand. Here’s a detailed breakdown of pos
Maharashtra RERA Issues Notices to 11,000 Lapsed Housing Projects - 5230 Projects in MMR Default in Updating Projects on MahaRERAThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued
Oberoi Realty is making waves in the luxury and ultra-luxury real estate segments in Mumbai, showcasing its robust performance and growth potential. According to a report by Axis Securities, the comp
Dec 16 2024
The redevelopment of Kamalistan Film Studio into Mumbai's largest commercial office park is a landmark development in the city's real estate and commercial infrastructure. Located on the Joge
Kolte-Patil Launches 'La Vita': A Landmark Mixed-Use Project in Navi MumbaiKolte-Patil Developers, a well-known name in the Indian real estate market, has marked its entry into Navi Mumbai wi
HDFC Leases 4 Lakhs Sq.ft in Airoli, Navi Mumbai - Boost to Residential Property Market in Thane and Navi MumbaiHDFC Bank has inked one of the largest office lease deals of the year by acquiring 4 la
How Non-Resident Indians Benefit from Higher Currency Exchange Rates and Structured Property PaymentsInvesting in real estate has long been a preferred choice for Non-Resident Indians (NRIs), offerin
Dec 14 2024
Mumbai, often referred to as the "City of Dreams," is one of the most vibrant and sought-after real estate markets in India. However, owning a property in Mumbai comes with a hefty price ta
Dec 13 2024
3 BHK Flat on Rent in Bandra: A Prime Residential Choice in MumbaiAre you looking for a 3 BHK flat on rent in Bandra? Whether you're a family, a corporate professional, or someone seeking the bes
Dec 07 2024
K Raheja Corp Acquires Prime Properties in Tardeo: Redefining Mumbai’s Luxury LandscapeK Raheja Corp, a leader in India’s real estate sector, has made a significant acquisition in South Mumbai’s upsc
Dec 19 2024
Bastian’s Bold Move to Dadar: A Strategic Choice in Mumbai’s Central LandscapeWhen Bastian, the upscale dining hotspot renowned for its celebrity clientele and impeccable culinary experience, decided
Dec 05 2024
Suraj Estate Developers Expands in South-Central Mumbai: A Strategic Bet on Prime Commercial Real EstateIn a move that underscores its ambition to strengthen its presence in Mumbai's lucrative co
Mumbai Property Market Sees a 5% Rise in Registrations: What Does It Mean for the City's Real Estate?The Mumbai property market is making headlines once again, with property registrations in the
Amazon India Acquires 38.18 Acres in Palava for Hyperscale Data Centre, Highlighting Growing Demand for Data Centres Among Global Tech GiantsAmazon India has made a significant move in India's di
Lower ParelOverview:Lower Parel has undergone a massive transformation from its roots as an industrial hub to becoming one of Mumbai's premier commercial and residential districts. Its strategic
Dec 04 2024
Why Choose Bandra West or Bandra East? A Guide for Renters and Home BuyersIf you're contemplating renting or buying a property in Mumbai, Bandra West and Bandra East are likely on your radar. Whi
Dec 03 2024
How to Prepare Your Property for Rent in MumbaiRenting out a property in Mumbai can be a lucrative venture, especially considering the high demand for rental properties in this bustling metropolis. H
Dec 01 2024
The Evolution of Mumbai's Rental Market: Trends and PredictionsMumbai, India’s financial capital, has long been one of the most expensive cities in the world when it comes to real estate. From it
How to Negotiate Rent in Mumbai: Tips for Renters Using PsychologyRenting in Mumbai can often feel like a battle, with tenants and property owners playing their roles in a finely tuned game of give a
Understanding Leave and License Agreements in MumbaiWhen renting or leasing property in Mumbai, one of the most commonly used legal documents is the Leave and License Agreement (LLA). Wheth
South Mumbai, known for its premium real estate, has long been considered a goldmine for developers, but finding available land parcels for new construction is increasingly rare. This scarcity is wha
Checklist for Renting a Flat in MumbaiRenting a flat in Mumbai, one of India's most bustling cities, can be both exciting and challenging. With a myriad of options, varying prices, and different
Top Residential Areas in Mumbai for Affordable RentalsMumbai, the city of dreams, offers a diverse range of residential options for renters. Despite being one of the most expensive cities in India, t
Title: The Leasing Boom: Exploring Mumbai’s Real Estate Market from Bandra to South MumbaiArticle:Mumbai, often referred to as the "City of Dreams," is a dynamic hub for real estate, especi
Flat Buyers' Rights Upheld: Key Takeaways from the Bombay HC RulingThe Bombay High Court recently reaffirmed the rights of flat buyers, emphasizing that they cannot be disadvantaged due to a buil
The Dharavi Redevelopment Project (DRP), spearheaded by Adani Properties, is set to revolutionize one of the world's most densely populated areas. Known globally as Asia's largest slum, Dhara
Nov 30 2024
Making a Shift Towards Smart and Modern Homes in Mumbai: Trends for 2025The real estate market in Mumbai, India, is undergoing a transformative phase as it adapts to changing lifestyles, technologica
Mumbai: A Strategic Move by State Street CorporationGlobal financial services giant State Street Corporation has made a significant investment in India by leasing an entire commercial office tower at
NeoLiv, an innovative residential real estate platform in India, is set to transform the sector under the leadership of Mohit Malhotra, the former Managing Director and CEO of Godrej Properties. Foun
Nov 27 2024
Rodium Realty, a listed company on NSE and BSE, is a pioneer in boutique building design and real estate development in Mumbai. With a vision to merge local necessities with global standards, Rodium
Urjita Jagdish Master, Director of Deep Financial Consultants, has set a new benchmark in Mumbai’s luxury real estate market by acquiring a premium sea-view apartment at Oberoi Realty’s Three Sixty W
Nov 23 2024
DLF, India's leading real estate developer, is all set to launch its latest project in the heart of Mumbai, Andheri West. The project promises to bring a new level of luxury and sophistication to
Nov 22 2024
Mumbai's Commercial Real Estate: A Booming Market Amid High Absorption and Limited SupplyMumbai’s commercial real estate sector continues to thrive, demonstrating remarkable resilience and streng
Deepika Padukone and Ranveer Singh Lease an Apartment in Beaumonde, PrabhadeviBollywood’s power couple, Deepika Padukone and Ranveer Singh, have leased a spacious luxury apartment in Beau Monde
Nov 21 2024
Managing a CHS involves understanding the roles of key office bearers, adhering to statutory compliances, conducting meetings, and handling property transactions. Here's a comprehensive guide to
Nov 20 2024
Selling a flat or any immovable property can lead to significant financial gains, but it also comes with tax implications. Understanding capital gains, the associated tax deducted at source (TDS), re
The real estate market in Mumbai has exhibited notable growth from January to October 2024, as reflected in property registration data from the Inspector General of Registration (IGR), Maharashtra. B
PropTech, the integration of technology into the real estate sector, is revolutionizing the way brokers operate, especially in dynamic markets like Mumbai. Here's how PropTech is transforming rea
Mumbai, the financial capital of India, boasts a real estate market that's as unique as the city itself. One of the most striking trends in Mumbai’s property landscape is the premium pricing of h
Adani Realty's Bold Plans to Transform Mumbai's Real Estate LandscapeAdani Realty, the real estate arm of the Adani Group, is taking a significant leap in reshaping Mumbai’s urban development
Suraj Estate Developers, a name synonymous with luxury and quality, continues to make strides in Mumbai’s real estate market. With a robust portfolio of premium residential and commercial projects, t
Here is an updated list of under-construction residential projects in Bandra East, Mumbai. These are the best investment options in entire Mumbai - Both Capital appreciation and lease rent due to its
Nov 15 2024
Nandivardhan Group has unveiled its latest residential project, Monopoli (#WhereFamilyWins), in Dadar, Mumbai. This 40+ storey high-rise tower offers 2 and 3-bedroom sundeck residences, including Jod
Here's a comparison of South Mumbai, Bandra, Juhu, and Worli as premium property hotspots in Mumbai based on key factors such as real estate prices, lifestyle offerings, connectivity, and target
Nov 14 2024
The prestigious Prestige Group, a name synonymous with high-quality real estate in Bangalore, is making a notable entry into Mumbai’s luxury market with an upcoming residential launch in Worli—Presti
Shahid Kapoor Leases Out his Investment Flat for Over ?20 Lakh per Month in Oberoi Three Sixty West in WorliBollywood actor Shahid Kapoor has leased his luxury apartment in the prestigious Three Sixt
Nov 13 2024
The Maharashtra Real Estate Regulatory Authority (MahaRERA) recently announced its decision to suspend a planned grading system for real estate projects. This initiative aimed to provide homebuyers w
Mumbai’s Ultra-Luxury Market: Competition and the Rise of Worli as a Prime LocationIntroduction The recent purchase of a 158.5 crore penthouse by Yatin Shah in Worli is not only a testament to Mumbai
In a major shift for India’s real estate sector, HDFC Capital, the real estate private equity arm of HDFC Group, has partnered with Runwal Enterprises to create a ?1,150 crore platform dedicated to a
Title: The Growing Importance of Professional Real Estate Broking in India: Why Streamlining the Market is CrucialIntroduction: With over 50,000 agents operating in Mumbai alone, the Indian real esta
Oberoi Realty's Landmark Launch: Rs 1,348 Crore in Sales in 3 Days at Oberoi Garden City Thane Oberoi Realty's Landmark Launch: Over Rs 1,348 Crore in Sales in Just 3 Days at O
Nov 10 2024
Morgan Stanley recently inaugurated a new, state-of-the-art office in Mumbai’s Oberoi Garden City, Goregaon, within Commerz III, International Business Park. This new campus consolidates Morgan Stanl
Nov 05 2024
List of International Schools in Mumbai for Senior Management and Expatriates relocating to Mumbai The International Schools over the past 10 years have grown significantly as Mumbai City is India
Oct 28 2024
Title: The Appeal of Renting a 3-Bedroom Apartment in Bandra WestBandra West, one of Mumbai’s most sought-after neighborhoods, stands as a premier location for those looking to experience the city’s
Oct 26 2024
Bandra West is one of Mumbai's most attractive neighborhoods for expatriates and senior management, offering a unique mix of cultural vibrancy, high-end amenities, and connectivity. Here’s a brea
Find Your Dream 2-Bedroom Apartment in Bandra West: The Ultimate Guide for Rent SeekersLooking to rent a 2-bedroom apartment in Bandra West? You’re not alone! Bandra West, one of Mumbai’s trendiest a
Selling a house quickly in Mumbai, one of India's most dynamic and competitive real estate markets, requires a strategic approach. Whether you're aiming to attract buyers in a fast-moving seg
Oct 22 2024
EL&N London's debut in Mumbai, in partnership with Reliance Brands Limited, represents a significant addition to the city’s luxury lifestyle and dining scene. Located in the prestigious Jio W
The recent toll waiver for light motor vehicles at key entry points into Mumbai is a significant move by the Maharashtra government aimed at benefiting daily commuters and reducing traffic congestion
Oct 21 2024
A recent ruling by the Income Tax Appellate Tribunal (ITAT) in Mumbai clarified how taxpayers can claim tax benefits when investing in two adjoining flats and using them as a single home. This decisi
Oct 20 2024
Bandra East has emerged as one of the most dynamic and sought-after real estate hotspots in Mumbai. Known for its strategic location, infrastructure development, and high-end projects, the area is qu
Oberoi Realty has got the best mix of Portfolio. With its constant launches of new Towers both in Goregaon, Thane markets and the steady income from Malls and Commerz of Rent is helping the Company s
Oct 19 2024
When deciding whether to invest in South Mumbai or the Suburbs, several factors come into play, such as your investment goals, budget, and the type of returns you're seeking. Here&
The phenomenon of "Fear of Missing Out" (FOMO) in the equity markets can indeed influence potential investors to shy away from real estate investments, particularly in times when the stock
The premium real estate segments in Bandra, Juhu, Worli, and South Mumbai have similar pricing due to a combination of several key factors:The prices are ranging from Rs.60000/- on a lower side to a
Mumbai is currently facing a deficit of smaller office spaces, especially as the demand for such spaces rises among startups, small businesses, freelancers, and boutique firms. Several factors contri
Oct 18 2024
The luxury real estate market in Mumbai holds a distinct appeal for home buyers, driven by a variety of factors that make it highly desirable. Here’s a breakdown of why the luxury market is so aspire
The redevelopment of older buildings in Mumbai and the ongoing infrastructure development can have significant impacts on the real estate market. Here are some key effects to consider:Increased Prope
Mumbai’s real estate market is notorious for its steep prices, making it one of the most expensive cities in India to purchase property. For many, buying a home in Mumbai can seem like a distant drea
7 Mahalaxmi by Runwal Group is poised to be a landmark development in one of Mumbai’s most coveted addresses—Mahalaxmi. This luxury residential project offers not only a premium lifestyle but al
The Pokhran Road 2 development by Oberoi Realty in Thane is set to redefine luxury living in the city, much like the iconic Oberoi Garden City in Goregaon did
Looking for a home that offers the perfect balance of convenience, luxury, and connectivity? Island Cove by L&T Realty is the answer to your dream lifestyle. Situated in Mahim, thi
The first phase of Mumbai's underground Metro Line 3, also known as the aqua line, is expected to be commissioned soon, pending safety clearance from the Commissioner of Metro Railway Safety (CMR
Arkade Developers Ltd has set the price band for its upcoming initial public offering (IPO) at Rs 121-128 per share for a total issue size of Rs 410 crore. The IPO will be open for public subscriptio
Century Textiles and Industries (CTIL) has secured ownership rights for a 10-acre leasehold land parcel in Worli, Mumbai, for Rs 1,100 crore from Nusli Wadia. This transaction merges CTIL’s existing
Sumitomo Realty & Development Company, through its subsidiary Goisu Realty, has acquired a prime 2-acre land parcel in Mumbai's Worli locality from Bombay Realty, the property development arm
Sep 11 2024
The Rs 6,560 crore initial public offering (IPO) of Bajaj Housing Finance was fully subscribed within hours of opening for bidding on September 9. The IPO received bids for 73.02 crore shares against
Sep 10 2024
Bollywood actor and BJP MP Kangana Ranaut has sold her row house in Mumbai’s upscale Pali Hill for Rs 32 crore, four years after it was embroiled in a legal dispute with the Brihanmumbai Municipal Co
Local residents in Juhu Koliwada have voiced strong opposition to a Slum Rehabilitation Authority (SRA) scheme being proposed for the area, asserting that the land is officially demarcated as Koliwad
The real estate sector is grappling with fresh concerns as authorities issue notices to recover Goods & Services Tax (GST) dues on the transfer of leasehold land. This development has sparked deb
SEBI Chief Madhabi Puri Buch chose not to comment on Real Estate Investment Trusts (REITs) during an event organized by CII on Monday, citing potential conflict of interest concerns. This decision co
Raymond Group, a nearly century-old diversified conglomerate, is preparing to list its real estate vertical by July or August 2025, according to Chairman & Managing Director Gautam Hari Singhania
Leading multiplex operator PVR INOX has announced plans to monetise non-core real estate assets in prime locations such as Mumbai, Pune, and Vadodara, as it transitions to a more capital-light growth
Several non-governmental organizations (NGOs) in Dharavi have extended their support to the ongoing state government-led survey of informal tenants in Asia's largest slum, while accusing non-loca
Sanofi's Indian arm is set to sell its 150,000 sq ft headquarters in Mumbai’s Powai locality. This move is part of a broader strategy to relocate and expand its operations, including shifting its
Jul 19 2024
Hindalco Industries has announced the sale of a land parcel in Kalwa, Maharashtra, to Ekamaya Properties Pvt Ltd, a wholly-owned subsidiary of Birla Estates Pvt Ltd, for Rs 595 crore. The decision wa
Nielsen Media, a global leader in audience measurement and analytics, has secured a substantial office space lease in Mumbai's western suburb of Goregaon. The company has entered into a long-term
Asia Pacific-focused real estate investment firm ESR Group has leased 48,800 sq ft of industrial space to UPM Raflatac, a business unit of UPM and a provider of sustainable labelling solutions. This
Observing that their conduct has jeopardized the entire redevelopment, the Bombay High Court recently ordered seven members of a housing society to either vacate their flats in Chakala, Andheri (East
The Mumbai police have booked two directors of Shriji Developers, Kirti Mehta and Mona Kiran Mehta, along with estate agent Sunil Bafna, for criminal breach of trust and cheating. The Kandivali polic
Navi Mumbai police have registered an FIR against four individuals for allegedly cheating a 35-year-old real estate developer of Rs 66.75 lakh in a land deal. The accused forged documents to falsely
Priyanjali Mariwala, a member of the promoter family of consumer goods company Marico, has purchased a luxury apartment in Mumbai’s prestigious Bandra-Kurla Complex (BKC) for Rs 65.25 crore. The apar
Jul 10 2024
The Bombay High Court has denied any relief from demolition to 41 buildings in Vasai, Palghar district, ruling that they are "wholly illegal and unauthorized." These buildings were construc
The Mumbai Metropolitan Region Development Authority (MMRDA) has secured over Rs 850 crore from the German state-owned development bank KfW to bolster urban infrastructure development in and around t
Jul 02 2024
The Bombay High Court has strongly criticized the State government and the Slum Rehabilitation Authority (SRA) for failing to address the stalled redevelopment project in Wadala (E). The project, whi
In a significant ruling, the Bombay High Court has mandated the Maharashtra government to reclaim 20 acres of land in Ghansoli, Navi Mumbai, originally reserved for a government sports complex, from
ICICI Prudential Asset Management Company has purchased an entire commercial tower in Santacruz, Mumbai, for over Rs 315 crore from realty developer Kalpataru’s subsidiary, Ixora Properties. This new
The Maharashtra Government has decided to expedite the completion of the first phase of Mumbai Metro 3 by the end of December 2024, shifting the deadline from the earlier target of September 2024. Th
Jun 28 2024
The Bombay High Court has criticized the Maharashtra government and the Slum Rehabilitation Authority (SRA) for delaying the decision to change the developer of a stalled redevelopment project in Wad
Sobha Ltd, a prominent real estate firm, is launching a rights issue to raise up to Rs 2,000 crore starting June 28, aimed at bolstering its financial position. The issue, closing on July 4, involves
Demolition of Shanties: - Approximately 1,700 shanties in Bandra West were demolished for a slum rehabilitation project and high-rise towers. - The multi-storied slum area, Shastri Nagar, had borde
Bollywood actor Aamir Khan has recently purchased an upscale apartment in Pali Hill, Bandra West, Mumbai, for nearly Rs 10 crore. Khan has officially executed the deed of transfer for this prestigiou
Bollywood legend Amitabh Bachchan has expanded his real estate portfolio with the acquisition of three more office properties in the Oshiwara locality of Mumbai’s Andheri suburb, for nearly Rs 60 cro
Despite the Maharashtra Real Estate Regulatory Authority (MahaRERA) directive for realty developers to establish complaint redressal cells for their projects, only 195 projects across the state have
Court Rules in Favor of 14 Housing Societies Over State Housing Authority in JVPDMUMBAI: In a significant ruling, the Bombay High Court has declared that common plots (utilities and amenities) in the
Major Request from MMRDA for Project FacilitationMUMBAI: Dharavi Redevelopment Project Pvt. Ltd. (DRPPL), a special purpose vehicle formed by the state government and the Adani Group, has formally re
Major Investment in Oberoi Sky CityBollywood actor Abhishek Bachchan has made a significant real estate investment by purchasing six premium apartments in Mumbai's Borivali suburb. The total
Municipal Decision Favors Continuation of ConstructionThe Municipal Corporation of Greater Mumbai (MCGM) has decided against issuing a stop work notice for Godrej Properties’ ongoing residential proj
Strategic Fundraising InitiativePuravankara's board of directors has approved a fundraising initiative of up to Rs 1,000 crore through qualified institutional placement (QIP). This decision aims
Jun 18 2024
State Government Forms New 10-Member PanelThe Maharashtra state government has appointed a new 10-member committee to review and propose amendments to the Maharashtra Apartment Ownership Act, 1970. T
Board Approves Significant Equity OfferSobha Limited's Board of Directors has approved the offer and issuance of equity shares worth up to Rs 2,000 crore through a rights issue, according to a re
Key Executive Change at Kolte-Patil DevelopersKolte-Patil Developers announced a significant leadership change as Group Chief Executive Officer (CEO) Rahul Talele has resigned to pursue professional
Strong Growth Amid Inflation ModerationResidential real estate prices have shown a continuous upward trend since 2013, appreciating at a compound annual growth rate (CAGR) of 13% over the last two ye
In a landmark real estate transaction, Godrej Industries’ Chairman Nadir Godrej and his family have secured three luxury sea-view apartments in South Mumbai’s prestigious Malabar Hill. The total acqu
Oberoi Exquisite at Goregaon East: A Brief Overview for Home Buyers and Renters in MumbaiLocated in the bustling suburb of Goregaon East, Oberoi Exquisite is a premier residential development by Ober
May 30 2024
Realty firm Macrotech Developers Ltd plans to invest Rs 3,500-4,000 crore this fiscal year to acquire new land parcels and enter joint development agreements for housing projects, capitalizing on the
May 27 2024
L&T Realty, the real estate development division of Larsen & Toubro, has engaged in a collaborative effort to develop a 12.2-acre land parcel located in Thane’s Panchpakhadi area. The project
May 23 2024
Awfis Space Solutions, a co-working space operator, saw its initial public offering oversubscribed by two times on the first day of bidding, Wednesday. According to NSE data, the Rs 599 crore IPO rec
The Bombay High Court granted bail to Avinash Bhosale, a builder based in Pune, in a corruption case involving Yes Bank and DHFL, currently under investigation by the Central Bureau of Investigation
Thane Police's Crime Branch Unit-5 has apprehended a developer accused of defrauding two flat buyers of nearly Rs 2 crore. The buyers had been assured possession of their flats but were left wait
Mavjibhai Patel, the managing director and a member of the promoter group of Kiran Gems, one of the world's largest natural diamond manufacturers, has acquired a luxurious sea-view apartment in M
May 21 2024
The Bombay High Court has granted bail to a landowner from Bhiwandi who was arrested last year following a residential building collapse that resulted in the favorths of eight individuals and injurie
Struggling infrastructure lender IL&FS has submitted a new application to the Mumbai Metropolitan Region Development Authority (MMRDA) seeking approval for the transfer of its headquarters, a ren
Venkata Narayana K, the chief executive officer (CEO) of realty firm Prestige Estates Projects, has resigned from his position to pursue personal endeavors. Venkata, who took on the role of CEO in Au
The BMC has set a revised target of Rs 4,500 crores for property tax collection in the fiscal year 2023-24. As of now, the civic body has collected Rs 3,905 crores. Municipal Commissioner Bhushan Gag
According to Knight Frank, the count of deserted shopping malls, those with more than 40% vacancy, escalated to 64 last year from 57 in 2022 across eight prominent cities. The real estate consultancy
In preparation for the upcoming monsoon season, the Brihanmumbai Municipal Corporation (BMC) announced on Tuesday a list of 188 residential buildings deemed "very dangerous" and "dilap
Godrej Group entities, Godrej & Boyce and Godrej Properties have agreed to continue their Memorandums of Understanding (MoU) for the development of land in Mumbai's eastern suburb of Vikhroli
Realty developer Kalpataru Ltd has secured the rights to redevelop a large housing society spanning nearly 4 acres in Mumbai's western suburb of Andheri, specifically in the Lokhandwala area, acc
Pirojsha's Godrej stepped into the role of executive director at Godrej Properties, the real estate branch of the long-standing Godrej conglomerate, fresh from Columbia University's business
Oberoi Realty has signed a development agreement for the redevelopment of approximately 12,790 square meters of land in Adarsh Nagar, Worli, Mumbai. This land is leased to the Maharashtra Housing and
Brookfield Asset Management, a leading global institutional investor, is set to inject over $10 billion into India's real estate sector over the next three to five years. This ambitious investmen
Apr 29 2024
Macrotech Developers, led by MD and CEO Abhishek Lodha, is gearing up to escalate its investment in construction projects to over Rs 5,000 crore in the current fiscal year, aligning with the growth i
Bollywood icon Amitabh Bachchan has acquired a parcel of land in Alibaug, a coastal town near Mumbai, aiming to build a luxury villa in the renowned beachside area favored by affluent personalities.
K Raheja Corp intends to transform SOBO Central Mall, the nation’s inaugural mall located in south Mumbai, into a sophisticated residential complex. The mall, previously known as Crossroads, has stoo
In February 2024, Mumbai's real estate market showed a robust performance with a notable increase in property registrations. IGR Maharashtra reported 11,742 registrations, marking a substantial 2
Mar 17 2024
In the South Mumbai real estate market, despite a legal cap of Rs 25,000 on transfer fees, housing societies are reportedly charging substantial amounts ranging from Rs 10 to 30 lakh for flat transfe
Mar 05 2024
On Sunday, Maharashtra Chief Minister Eknath Shinde inaugurated the foundation laying for Metro Line 12, a significant infrastructure development connecting Kalyan with Taloja in Navi Mumbai. This ex
Mahindra Lifespace Developers, the real estatsqand infrastructure arm of the Mahindra Group, is pursuing an ambitious strategy to achieve a five-fold growth in pre-sales over the next five years. Thi
The Maharashtra government is aiming to enhance the usage of Metro and monorail services by introducing a new Regulation 33(23) focused on transit-oriented development (TOD) zones within the city'
The property registration department has successfully reached 83% of its revised revenue target for the fiscal year 2023-24, which was adjusted to Rs 50,000/- crore from the initial Rs 44,000/- crore
Oberoi Realty Elevates Luxury Living with JW Marriott Hotel Thane Garden City and Marriott International Mumbai Marriott Hotel Sky City in BorivaliMumbai, 16th February 2024: Oberoi Realty today ente
Feb 16 2024
"Bollywood's iconic 'Shahenshah,' Mr. Amitabh Bachchan, has once again made headlines in the real estate sphere, this time for renting out four offices in the newly
Jan 09 2024
Urban Boom Fuels Warehousing in India: Lodha & Skechers Build Mega Hub Think shoes, lots of them! India's cities are popping with people and they're buying like crazy, especially trendy k
Dec 28 2023
We have been witnessing a lot of new Township projects in the periphery of Mumbai, be it towards Thane, Dombivali, Navi Mumbai or Virar etc. But the one which takes away the cake is Lodha Upper Thane
Dec 10 2023
In general, it's not recommended to buy a flat in Mumbai if you can't afford it. Here's why: Financial Burden: High property prices: Mumbai has some of the highest property prices in Ind
Developer Subvention or a Construction Linked Plan - What is better? Developer Subvention: Pros: Lower EMI burden during the construction period, as the developer pays the interest on your loan. Mor
Whether taking a home loan and buying for self-use is a good idea in Mumbai depends on your individual circumstances and priorities. Here are some factors to consider: Current Interest Rates: Yes, c
There are numerous benefits to buying real estate with top developers in Mumbai. Here are some of the most significant: 1. Quality Construction and Amenities: Proven track record: Top developers hav
There are several reasons why the Bollywood industry is a top real estate investor in Mumbai:High net worth: Bollywood celebrities often have significant wealth, making them ideal candidates for re
The rules of capital gains investments after selling a property vary based on the location and the specific circumstances of the sale. However, there are some general principles that apply in most
The Coastal Road from Marine Drive to Bandra East is expected to have a significant impact on real estate prices in Mumbai, both positive and negative.Positive impacts: Increased demand: The improve
Several ongoing and upcoming infrastructure projects in Mumbai are poised to significantly impact the city's real estate landscape in the immediate future. Here are some key highlights: 1. Metro
It's likely that Tier II cities will have strong real estate growth prospects in the future, possibly outperforming Tier I cities due to a variety of factors, including: Upcoming Infrastructure D
Introduction: Investing in Mumbai can be a rewarding experience, but choosing the right option can be challenging. This guide delves into the pros and cons of two popular investment options: real est
Amidst the shadows of skepticism, a new name emerges in the Mumbai real estate scene. Man Infraconstruction, a contractor-turned-developer, is embarking on a daring project - building India's tal
Translated VersionRevenue and Forest Department/M-1 (Policy)Draft Minutes of Cabinet MeetingSubject: Regarding the Implementation of "Maharashtra Stamp Duty Abhay Yojana 2023" in the State
Nov 30 2023
Maharashtra Cabinet Introduces Stamp Duty Abhay Yojana 2023 to Boost RevenueIn a bid to enhance revenue and provide relief to citizens, the Maharashtra cabinet has unveiled the Stamp Duty Abhay Yojan
Hiranandani Group Expands with Eleva – A Pan-India Real Estate Consultant ServiceIn a recent announcement on November 29, the Mumbai-based real estate developer, Hiranandani Group, unveiled its new v
Nov 29 2023
Highest Capital Appreciation Recorded : Oberoi Exquisite Sets Records in Goregaon EastIn a noteworthy real estate development, Oberoi Exquisite in Goregaon East has achieved a milestone by recor
Nov 27 2023
As retirement approaches, it's crucial to consider two fundamental aspects: succession planning and estate planning, which essentially involve making arrangements for the future of your family an
HOMETHON Property Expo 2023 Wraps Up: Fostering Awareness of Ongoing and New Real Estate LaunchesNAREDCO Maharashtra recently concluded the second edition of the HOMETHON Property Expo 2023 at the JI
Title: Luxurious Living in Mumbai's Worli Area - Everest Food Products' Promoter Acquires a Stunning ApartmentMumbai, a city known for its bustling energy and luxurious living, has witnessed
Oberoi Realty Launching Forestville, a project by Oberoi Realty Ltd, located in the thriving area of Kolshet Road, Thane. Thane is a growing suburb with Metro and Goregaon Mulund Link Road etc and
Nov 21 2023
The Reserve Bank of India (RBI) has issued a directive aimed at ensuring that banks and lending firms promptly release property documents to borrowers after they have repaid their loans in full. Here
Sep 14 2023
The Mumbai real estate market is abuzz with excitement as an opulent residential project is set to grace the prestigious Pali Hill area in Bandra West. The ambitious venture is a collaboration betwee
Aug 04 2023
DB Realty Sells Prime Land at Marine Lines to Prestige Estates, this land parcel is one of the largest in South Mumbai today. Marine Drive is the iconic belt of Mumbai City and who ever visits Mumbai
Jul 12 2023
Bollywood Star Kartik Aaryan Makes a Staggering Rs 17.50 Crore Real Estate Investment in Juhu, MumbaiMumbai, India - Bollywood actors are renowned for their astute real estate investments, and the la
Jul 09 2023
Mumbai has experienced a significant surge in data center infrastructure, leading to its newfound reputation as the "city of data centers." This growth not only impacts the technology secto
Jul 02 2023
Commerz II - The New Leed Platinum Building in Goregaon East by Oberoi Realty is Setting New Standards in Sustainable Commercial Real Estate.Oberoi Realty, one of India's largest real estate list
Jun 28 2023
Having a Home is one the most important need of each one of us, it can surely be rented, but for a lot of us having our Own Home is important. We put our lives savings in it and we need to be very ag
Jun 13 2023
With so many new buildings coming up in Mumbai, Co-operative housing societies will be formed. In Maharashtra, societies are typically formed under the Maharashtra Cooperative Societies Act, 196
Jun 12 2023
K Raheja Corp Homes, the residential business of K Raheja Corp group, reported that it sold properties worth Rs 1,100 crore during the March quarter. This achievement was attributed to the success
Real estate investment in Mumbai can be considered both high risk and high potential. Mumbai is a dynamic and rapidly growing city with a high demand for housing and commercial spaces. The real estat
Jun 01 2023
Bandra Kurla Complex (BKC): The Prime Real Estate Destination for Living, Investing, and Working is now becoming more attractive.Bandra East - Kher Nagar - the area off the Express Highway is a boon
May 26 2023
Mumbai's Premium Real Estate Brand Oberoi Realty has announced that it has entered into a memorandum of understanding with NRB Bearings (NRB) for the acquisition of land in Thane, Mumbai. The lan
The MahaRERA portal is a vital online platform that plays a crucial role in the real estate sector in the Indian state of Maharashtra. It is a comprehensive online platform that enables real estate d
May 11 2023
In the midst of Redevelopment of Cooperative Housing Societies, there is a big challenge gripping the Mumbai Rental Market. The lease supply in the market is low and the prices have gone up on an ave
Apr 25 2023
Eternal Sunshine Production, the production house owned by Bollywood actor Alia Bhatt, has acquired a luxurious residential apartment in Mumbai's posh Pali Hill area for Rs 37.80 crore. The apar
The construction of the coastal road in Mumbai is expected to have a significant impact on real estate prices in the city, particularly in areas that are directly affected by the new infrastruc
When deciding on buying a home, it's important to consider both location and quality of life. Ideally, you would want a location that offers a good quality of life, but in some cases, you may
It can make sense to buy an under-construction property in Mumbai, but it also comes with certain risks and considerations that you should be aware of before making a decision. One of the main advant
Real Estate transactions in Mumbai are on the rise and another superb transaction by Prestige Estate/Group is the Shiv Shahi Society redevelopment at Dr.Annie Beasant Road, Worli. This project has be
Apr 26 2023
If you are looking to start a business or expand your existing one in Mumbai, Andheri West is one of the best places to set up your office. With its bustling commercial and residential areas, Andheri
Buying a home in Mumbai can be a daunting process, but with careful planning and research, you can make the process smooth and successful. Here are some steps to guide you through the process:
In Mumbai, a No Objection Certificate (NOC) from the Co-operative Housing Society (CHS) is required when a member wants to sell their flat or transfer their ownership rights to someone else. This req
The Mumbai NTC Mill Land refers to the land parcels that were owned by the National Textile Corporation (NTC) in the city of Mumbai, India. These were once thriving textile mills that employed
Feb 19 2023
In Mumbai, a Leave and License Agreement is a common legal document used for renting out properties. The agreement is a legally binding contract between the owner of a property (the licensor) and the
Whether to invest in real estate or put your money in fixed deposit for income depends on your personal financial goals, risk appetite, and investment horizon. Real estate can be a good invest
Feb 17 2023
The decision of whether to buy a home in South Mumbai or suburbs in Mumbai for investment purposes depends on various factors, including your budget, investment goals, and personal preferences.
The impact of the Coastal Road on real estate prices in Mumbai is a complex issue, and it depends on a variety of factors, including the specific location of the property in question, the type of
Capital gains are the profits that you make when you sell a property for more than what you paid for it. In Mumbai, capital gains are subject to taxation under the Income Tax Act, 1961. The tax ra
Deciding whether or not to take a home loan to buy a property as an investment is a complex decision that depends on a number of factors. Here are some points to consider: Financia
The impact of a stock market downturn on the real estate market is complex and can vary depending on a number of factors. Here are some ways in which a stock market downturn can potentially imp
Whether it is better to rent or buy a property in Mumbai depends on individual circumstances and preferences. Here are some factors to consider: Financial situation: Buying a prope
Worli is in the New Hot Spot and the new city centre of Mumbai, with Morgan Stanley picking up another 86200 sq ft at the Altimus Towers, Worli which is going to be one of the Newest and most Premium
Nov 05 2022
Very often you will be passing through locations which are dotted with either Slums or old shops and bad infra and one day when you pass the entire scenario is changed by the fact that all the Slums
Oct 28 2022
MCHI CREDAI Homes Property Exhibition at BKC Grounds, Bandra East MCHI CREDAI Property Exhibitions have been a ritual each year for home buyers and this year is the 30th edition of the MCHI
Oct 08 2022
Jio Convention Centre to Host Mumbai’s Largest Property Expo 2022 – “HOMETHON” by NAREDCO Maharashtra Exhibitions world over are held to educate the masses for understanding the offerings by the bes
There is a renewed interest in Buying a New Home in Mumbai. Projects by Godrej, Ajmera, Oberoi, Runwal, Hiranandani, Raheja Universal have shown immense interest from home buyers. Before the end of
Sep 27 2022
Mumbai Property Market is seeing good traction in New Homes / Under Construction Projects Segment as the growing metropolis new generation plans to be in New Homes. Our Honorable Prime Minister sai
Aug 15 2022
X BKC has been formally launched by Adani Realty Ltd at a Houseful meet of Channel Partners at Mumbai's newest venue Jio Convention Center at Bandra Kurla Complex, BKC. At an estimate more than 2400
Aug 11 2022
Godrej Properties buys land in Carmichael Road Godrej Properties is one of the most renowned and tursted name in the real estate market in India has acquired a land parcel in Carmichael Road from Ka
Aug 01 2022
Unicorn a New Project by the Chandak Group located at Veera Desai Road with Premium A Grade offices has reported that they have sold 70% of their inventory from the time they have launched th
Aug 06 2022
Hbits to Invest 500 Crore in Fractional Ownership in India Fractional Ownership is a New Asset Class which is growing leaps and bounds and for real estate investors in Mumbai, Pune, Bengaluru, the
Jul 20 2022
Vedanta family buys flat in Raheja Legend, Worli Worli has been in the news for the past few years and especially when it comes to high value transactions. Worli is surely the New City Centre a
Jul 16 2022
Ranveer Singh a renowned bollywood actor and husband of Deepika Padukone has acquired a large 4 level quadriplex in a Redevelopment Building at Bandstand, Bandra West. The Building - Sagar Resham is
Jul 11 2022
Ajmera Realty which has prominent Projects in Wadala - Ajmera Treon, Eon and they recently launched Ajmera Manhattan which has scaled higher sales due to the fact that Wadala is emerging as an excell
Jul 09 2022
Oberoi Realty Ltd based in Goregaon East, Mumbai has done phenomenal sales and the number is above 750 Crores for the Q1 - 2023 which is nearly 4 times there Sales in the last year same quarter for t
The Mumbai based Lodha Group officially known as Macrotech Developers has reported pre-sales of around Rs.2800 Crores, these figures are for the 1st Quarter of FY 23 which is up by around 194
Jul 08 2022
The Lodha Group has launched a New Tower - Lodha Adrina in its 17 Acre development which has become the most prominent real estate hub in Worli. Lodha Adrina offers a choice of 2bhk of 944 sq.ft, 2 b
May 31 2022
The Sunteck Beach Residences Project in Vasai was launched last week and its an excellent project from a long term perspective for families who have work in Western Suburbs and they want a Sea facing
May 30 2022
One Lodha Place is a New Land mark located in Worli next to Lodha World Towers, World Crest and World View and behind Lodha The Park. This office space is one of the best office spaces in Lower Parel
Sunteck Realty has launched a new project in Vasai right next to Suruchi Beach. It is a land parcel of 50 acres. Sunteck is planning to launch many towers as well as private Villas overlooking the Ar
May 22 2022
Rustomjee Crown at Prabhadevi is a fast developing Tower by Rustomjee Group in the heart of Mumbai City. Rustomjee Crown Tower C work is on a full stage and the 19 slab is casted. Its projected that
May 21 2022
Mr.Boman Irani and Mr.Percy Choudhary led Rustomee Group has gone into IPO Mode. The IPO fever is in the market and a lot of mid size and large companies are planning IPO in the Indian Financial Mark
The Prestige group has launched a New Project at Mulund at Yogi Hills. The Prestige City - Bellanza is spread of 36 acres and the current launch is of Ground + 54 - 2 Towers offering 2, 2.5, and 3 BH
May 20 2022
Adani Realty has picked up an equity stake in Shiv Infra Vision which has got the rights to develop the entire RTO Land at Andheri West. The plot has an approximate potential of 11 Lakh sq.ft approxi
Prestige Group had a house full event attended by more than 2500 Channel Partners/Real Estate Agents from across Mumbai welcoming the Group to Mumbai at the Race Course in Mahalaxmi. Mr.Irfan Razack
May 18 2022
Space Starved Mumbai, Congested locations, densely populated locations with Buildings across, on the left, on the right and right across the bedroom is a common problem in Mumbai. The quest to find a
May 16 2022
Gone are the days when people used to insist on heavy wood furniture for office, the new offices in BKC in One BKC, Capital, and other buildings across the city are seen to be very minimal with their
May 15 2022
In a space starved Mumbai where a lot of plot sizes are small, the developers are becoming creative and utilizing the entire foot print of the building for roof top amenities, which becomes a break o
Higher Interest rates (increased by .40 basis point) does not translate into much of hike, but yes it surely has a sentimental impact couple with Stamp Duty @6% to buy a Home in Mumbai is now pinchin
May 14 2022
If you are out looking at New Homes, the first thing the sales team shows you of any developer is the show flat. The show flat gives you a glimpse of how you can design your future home (dream home)
Mumbai City is witnessing the next gen wanting to be in Good Quality offices in chic looking buildings. With co-working spaces pulling out all sops to woo in the new generation talent to work for cor
Metro connectivity will change the way people will travel and buy and sell real estate in the next few years. The ease of commute may prompt people to travel North of their current location in pursui
Mumbai City is one of the first cities in Mumbai to have high rises and tall towers upto 70 Stories in India. The changing skyline across the city is now making a mark on the City Skyline specially i
A country or a city can progress well only if the connectivity is good. By the Year 2025 Mumbai as a City should be the best in Asia as it will boast of Brand New Metro Connectivity, Coastal Roads co
Naredco under the leadership of Mr.Sandeep Runwal had a power packed event with 4 most prominent Ministers from the State Government delivering their Key Note Address which was all in all in favour o
May 05 2022
Home Buyers to get Interest in case of Delayed Possession In a recent judgement pronounced by the NCDRC – The National Consumer Dispute Redressal Commission has allowed a Home Buyer Interest a
Ajmera Realty to invest 900 cr in Wadala for their new project. Ajmera Realty has carved out a name for itself in the Mumbai Real Estate Market and has a very strong presence in Wadala where they hav
Oberoi Realty Ltd has been buying value properties over the years. Starting from Ciba land in Goregaon, Tata Steel land in Borivali etc all the land banks are hand picked with huge potential of wealt
Jan 19 2022
Arihant Developers currently is in the process of acquiring new land parcels for a affordable housing projects in Mumbai and likely to double it portfolio to 20 million sq.ft in the upcoming 12-18 mo
Mr.Boman Irani Chairman of Rustomjee Group and one of the most dynamic developers in the Country takes over as MCHI President from Mr.Deepak Gordia Chairman of Dosti Group. Mr.Boman Irani has an eye
Maharashtra Government announces waiver of Property Taxes of not more than 500 sq.ft. The Shiv Sena and Congress Led government in Maharashtra has allowed complete waiver of property taxes of all res
Birla Estates Worli has received RERA and Birla Estates has named the project as Niyaara. The project is receiving fantastic response. There are likely to be 8 flats per floor in a large floor pl
Hello, Birla Estates New Launch of Worli Project Opposite Lodha Park & Kamla Mills About Birla Group Birla Estates which is a Realty Arm of the AV Birla Group’s Century Textiles wi
A few days back way after mid night i was coming from South Mumbai and since the roads were empty i stepped on the pedal and i was in Worli from Chowpatty - Marine Drive in like 10 min and then to Ba
Jan 11 2022
Call it Post Pandemic impact with an underline tone of Home Buyers waiting or slew of new launches by Top Developers, lower premiums on fungible by BMC etc. The fact remains that Mumbai Real Estate M
Nov 02 2021
Nariman Point in Mumbai is located in South Mumbai and between 1980 - 2010 it was considered to be the best Central Business District with Fort, Ballard Estate, Colaba, Churchgate and Cuffe Parade in
Sep 23 2021
Kotak bank launched very low home loan rate Offer Valid till 8 November 2021 to encash on the festive season in India. The benchmarking for eligibility now is your CIBIL Score or your Credit Score, t
In a bid to create more transparency and have redressal to Home Buyers issues relating to possession mainly the MahaRERA has launched a Help Line which will be open up for calls from 7 AM to 11 PM at
Sep 10 2021
Piramal Realty has been one of the best brands in the Mumbai Property Market in recent years. Headed by Mr.Anand Piramal the Company has launched projects in Thane, Mulund West, Byculla, Mahalaxmi ei
The Central Board of Direct Taxes (CBDT) has given extension till 31st December 2021 to file Income Tax returns. Due to the issues on the website of the income tax lot of individuals have not been a
Sep 09 2021
The lease property market in Mumbai is gaining traction as Senior Executives from Corporates, Multinational Companies and Banks are getting transferred from various roles. Past 2 years have been stag
Sep 04 2021
Due to the Covid situation a lot of people are not able to travel to execute relevant property documents and home buyers or sellers in a lot of cases have to rely on giving Power of Attorney to sign
Sep 02 2021
Warburg Pincus backed logistics development platform is stepping up its investment in the industrial and warehousing space in the country, with a plan to have 18 million sq ft portfolio in the next
Aug 31 2021
Latest GR released by Urban Department, State of Maharashtra for rebate in property tax for providing Electrical Vehicle Charging point in Society. The state endeavors to make city free from Petroleu
Oberoi Esquire and Exquisite gain 10% price appreciation in 12 Months. The Sale transactions of 3 BHK with 1367 and 1371 as RERA Carpet Areas in Oberoi Esquire with 2 car parkings were recorded at ar
Lodha Group has unveiled its Club Midas and residences by Mrs.Gauri Khan (Mr.Shahrukh Khan - Renowned Indian World Famous Actor' wife) who is also a renowned Interior Designer. The 3 bedroom apartmen
Blackstone Group has another acquisition and this time it is the ASK Financial Services. ASK already has a portfolio of Wealth Management, Assets and Property Advisory, which will further augment the
BSE - Bombay Stock Exchange is making lot of millionaires and individual investors who are looking for new homes are finding it easy to buy a home due to regular equity returns. Home Loan EMI has com
Most of the Real estate developers in Mumbai are now getting ready for their next investments as they have seen brisk sales between 2020 and 2021. Raymonds Realty is before time in its construction i
Tata Realty has had a turn around in Sales and over the past 2 years due to low Stamp Duty and increased interest from Buyers for branded properties. Tata Realty is likely to put in Rs.2000/- C
After the South Mumbai frenzy to buy Top Residential Homes, there is Bandra - Khar belt which is seeing high end transactions. Mr.Siddhart Shah Co-Founder PharmEasy has bought a duplex at Wadhwa Sama
Mckinsey & Co will start its operation early 2022 in the 1 North Avenue Tower of Maker Maxity, BKC. The office space of nearly 45000 sq.ft is spread across 4 floors. Maker Maxity is one of the mo
Abhishek Bachchan has sold his apartment at Oberoi Three Sixty West, Worli. He had purchased this apartment In November 2014 from Oberoi Realty for Rs 41.14 crore. The New Sale price of the flat
TDS on Rent Payments on Flats is to be deducted mandatory by the Tenants/Licensee under a leave and license agreement in Mumbai. TDS on Rent Payment is quiet a recent thing and there are a lot of de
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