Jul 11, 2025 TDS to be deducted by Renters for Rent above 50000 - Full Guide Paying Rent Above 50,000 Here’s What You Need to Know About TDS on Rent (Section 194-IB) Renting a home in a city like Mumbai, Delhi, or Bengaluru often means paying monthly rents above 50,000. But... Read more
Jun 28, 2025 DLF The Westpark – Phase 1, Andheri West - RERA Received - Launching Soon Resort Living Experience The Westpark – Phase 1, Andheri West DLF's Flagship Residential Launch in Mumbai | RERA: PR1181012500079 Mumbai’s Western suburbs are evolving—and DLF is at the helm of it. PresentingThe Westpark... Read more
Jun 21, 2025 Dosti Eastern Bay Wadala - Flats on Sale and Rent Review Eastern Bay by Dosti Realty – Premium Sea-View Residences in Wadala East Eastern Bay – Wadala East is the crown jewel in Dosti Realty’s portfolio, redefining Mumbai’s eastern skyline with premium... Read more
Jun 10, 2025 Birla Estates Set to Transform Thane’s Skyline: Backed by IFC with 272 Crore Investment Birla Estates Set to Transform Thane’s Skyline: Backed by IFC with 272 Crore Investment Mumbai | Real Estate News | June 2025 Birla Estates, the real estate arm of the Aditya Birla Group, is rapidly... Read more
Jun 04, 2025 MMRDA Allocates Commercial Plot in BKC to Schloss Bangalore Consortium The Mumbai Metropolitan Region Development Authority (MMRDA) has approved the allotment of an 8,411.88 square meter commercial plot in Bandra-Kurla Complex (BKC), Mumbai, to a consortium led by... Read more
Jun 04, 2025 MHADA to Provide 20,000 Rent for Residents of 96 Dangerous Cessed Buildings The Mumbai Building Repairs and Reconstruction Board (MBRRB), a unit of the Maharashtra Housing and Area Development Authority (MHADA), has declared 96 cessed buildings in Mumbai as the most dangerous... Read more
Jun 04, 2025 Tesla Expands India Presence with New Office in Mumbai Tesla has leased a 24,500 sq ft office space in Mumbai’s Kurla West area, marking its fourth office in India as part of its broader expansion strategy. The five-year lease, valued at over 24 crore,... Read more
Jun 04, 2025 Samsung India Expands Operations with 60,000+ sq. ft space Samsung India Electronics has expanded its operations in Chennai with a significant move to lease 1,000 desks at WeWork’s Olympia Cyberspace facility. The 42-month lease agreement covers 61,230 square... Read more
Jun 02, 2025 Maharashtra Housing Societies Raise Concerns Over Draft Rules for Redevelopment and Maintenance Housing societies in Maharashtra have raised concerns about several aspects of the draft rules framed under the Maharashtra Cooperative Societies Act, 1960. The feedback was submitted after the state... Read more
Jun 02, 2025 Property Registrations in Mumbai Decline 4% in May 2025, Stamp Duty Collections Rise Property registrations in Mumbai saw a decline of 4% year-on-year in May 2025, with a total of 11,565 properties being registered. Despite this dip, stamp duty collections witnessed a growth of 3%,... Read more
Jun 02, 2025 Godrej Properties Acquires 14-Acre Land Parcel in Pune for Premium Housing Development Godrej Properties has acquired a 14-acre land parcel in the Kharadi-Wagholi region of Pune for a new residential development project. The development will primarily feature premium group housing,... Read more
Jun 02, 2025 Mumbai Sees 36% Rise in Unsold Luxury Homes in Q1 2025 Unsold luxury homes (priced above 2.5 crore) in Mumbai have seen a 36% rise in the first quarter of 2025, with approximately 8,420 units remaining unsold by the end of the quarter. This marks a... Read more
Jun 02, 2025 Kanakia Group Forms Joint Venture to Develop Office Space in Mumbai's BKC Kanakia Group has announced a strategic joint venture with Hines, Mitsubishi Estate Co. (MEC), and Sumitomo Corporation to develop a large-scale commercial project in Bandra Kurla Complex (BKC),... Read more
Jun 02, 2025 Maharashtra CM Approves Dharavi Redevelopment Master Plan The Maharashtra government has approved the Dharavi redevelopment master plan, a significant step towards transforming one of Asia’s largest slums into a modern urban hub. The approval comes after a... Read more
Jun 02, 2025 Shapoorji Pallonji Group Secures India’s Largest Private Credit Deal Mumbai-based real estate and construction giant Shapoorji Pallonji Group has raised $3.4 billion in one of India's largest-ever private credit transactions. This monumental financing saw around a... Read more
Jun 02, 2025 Tata Digital Leases 59,000 Sq Ft Office Space in Mumbai’s Lower Parel for ?1.18 Crore Monthly Tata Digital, the digital business entity of the Tata Group, has secured a long-term lease for nearly 59,000 sq ft of office space across three floors in Mumbai’s Lower Parel. The office is in the One... Read more
May 28, 2025 Court Orders Pali Hill Society to Vacate Land in Bandra In a landmark ruling, the Bombay High Court has directed the residents of Cozihom Cooperative Housing Society, located in the prestigious Pali Hill area of Mumbai, to vacate the premises within six... Read more
May 28, 2025 Over 50 Builders Express Interest in Mumbai's Slum Rehabilitation Plan The Brihanmumbai Municipal Corporation (BMC) has received significant interest from prominent developers for its slum rehabilitation initiative, with around 50 builders expressing interest in the... Read more
May 28, 2025 SRA Invites Tenders for Redevelopment of Ten Stalled Slum Projects in Mumbai The Slum Rehabilitation Authority (SRA) has taken a significant step towards reviving stalled slum redevelopment projects in Mumbai by inviting bids for the redevelopment of ten such schemes. These... Read more
May 28, 2025 Kanakia Group Seeks NCLT Approval for Demerger of Real Estate Arm Mumbai-based Kanakia Group is seeking approval from the Mumbai bench of the National Company Law Tribunal (NCLT) to demerge its real estate division from its other business activities. This... Read more
May 28, 2025 Bombay HC Upholds Redevelopment Decision Against Member’s Objection 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... Read more
May 28, 2025 MahaRERA De-registers 19,000 Property Brokers Amid Compliance Efforts The Maharashtra Real Estate Regulatory Authority (MahaRERA) has de-registered a significant number of property brokers, totaling 18,693, as part of its ongoing efforts to enforce greater transparency... Read more
May 28, 2025 Maharashtra Cabinet Approves State Housing Policy 2025 with ?70,000 Crore Investment The Maharashtra Cabinet has approved the state housing policy for 2025, titled ‘Majhe Ghar – Majhe Adhikar’ (My Home – My Rights), with an ambitious investment of 70,000 crore. The policy aims to... Read more
May 28, 2025 AU Small Finance Bank Acquires Commercial Tower in Bandra AU Small Finance Bank has made a significant acquisition by purchasing an 11-storey commercial tower in Mumbai’s Bandra for 371 crore. The bank, headquartered in Jaipur, acquired the property from... Read more
May 28, 2025 Ramky Estates Ventures into Slum Redevelopment Project in Chembur Ramky Estates & Farm, a Hyderabad-based realty developer, has officially entered the Mumbai property market with a significant slum rehabilitation redevelopment project in the Chembur suburb.... Read more
May 28, 2025 Macrotech Developers Eyes Delhi-NCR Market Expansion with Land Acquisition Plans 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... Read more
May 28, 2025 L&T Realty Acquires 34-Acre Land Parcel in Panvel L&T Realty, the real estate arm of Larsen & Toubro, has made its first outright land acquisition, securing a 34-acre parcel in Panvel, near Mumbai, for over 102 crore. This marks a significant... Read more
May 28, 2025 BKC Worli Services to August 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... Read more
May 10, 2025 MHADA Urges Redevelopment of Cessed Buildings in Mumbai’s Island City 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... Read more
May 10, 2025 Amazon India Leases Office Space in Vikhroli, Mumbai 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... Read more
May 10, 2025 MahaRERA Registers Over 50,000 Housing Projects 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... Read more
May 10, 2025 Oberoi Realty sells Stake in I-Ven Realty to Alpha Wave Ventures 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... Read more
May 10, 2025 Actress Amrita Puri Acquire Apartment in Mumbai 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,... Read more
May 09, 2025 Rahul Vaidya Sells Flat in Samartha Aangan, Andheri West 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 meters... Read more
May 09, 2025 Panasonic Life Solutions India Acquires Land in Mumbai 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... Read more
May 06, 2025 Mumbai Builder Issued Stop-Work Notice as Residents Protest Shrinking Walkeshwar Road 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... Read more
May 03, 2025 MHADA Receives 11,334.51 Crore in Actual Receipts in FY25 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... Read more
May 03, 2025 MHADA to Make 15 Crore Official Documents Public 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... Read more
May 03, 2025 Dawat-e-Hadiyah Acquires 'Killick House' in South Mumbai for Over Rs 72 Crore 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... Read more
May 03, 2025 Maharashtra Consumer Commission Orders Builder to Pay Rs 12 Lakh for Delayed Possession and Missing Amenities 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.... Read more
May 03, 2025 Kalyan-Dombivli Civic Body Demolishes 167 Illegal Constructions in Baneli Area 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... Read more
May 03, 2025 Vicky Kaushal Renews Lease for Juhu Apartment at 17.01 Lakh per Month 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... Read more
May 03, 2025 Supreme Universal Sells Duplex Apartment for 174 Crore in Mumbai's Bandra 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,... Read more
Apr 29, 2025 Builders Causing Delays in Mumbai's Redevelopment Will Face Consequences 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... Read more
Apr 29, 2025 Maharashtra RERA Introduces New Guidelines to Prioritize Hearing of Complaints 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... Read more
Apr 29, 2025 Mhada Opens 114 Layouts for Redevelopment to Boost Housing Stock 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... Read more
Apr 29, 2025 Bombay HC Strikes Down GST Demand on TDR Used by Real Estate Developer 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... Read more
Apr 29, 2025 Maharashtra Delays ‘One State, One Registration’ Scheme Rollout Due to Technical Hurdles 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... Read more
Apr 29, 2025 Tesla Leases Office in Mumbai’s Kurla, Signals Growing India Operations 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.... Read more
Apr 29, 2025 Maharashtra Appoints Recovery Officers to Speed Up Rs 912 Crore MahaRERA Compensation for Buyers 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... Read more
Apr 29, 2025 MahaRERA Initiates Thorough Verification of OCs for Lapsed Projects to Tackle Fraud 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... Read more
Apr 29, 2025 Aurum PropTech Reports 33.37 Crore Net Loss in FY25 Amid Rising Expenses 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,... Read more
Apr 29, 2025 Maharashtra CM Inaugurates Online TDR Exchange to Streamline Transactions 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... Read more
Apr 29, 2025 Prestige Hospitality Ventures Files for 2,700 Crore IPO to Strengthen Market Position 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... Read more
Apr 29, 2025 MHADA Reduces RR Charges for Tenants of Old Cessed Buildings in Mumbai 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... Read more
Apr 29, 2025 3 BHK Apartments for Rent in Lower Parel & Worli | Indiabulls Skyforest 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... Read more
Apr 26, 2025 Navi Mumbai Airport Set to Ease Traffic Congestion on SCLR, JVLR, and Western Express Highway by 20-30% 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... Read more
Apr 21, 2025 Oberoi Realty Sales up 31% in Mumbai Property Market 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... Read more
Apr 21, 2025 Maharashtra Cabinet Waives Property Tax Penalty in Small Towns to Boost Tax Collection 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... Read more
Apr 21, 2025 Puravankara Reports 5,006 Crore in Pre-Sales for FY25, Strong Performance Drives Future Growth 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... Read more
Apr 21, 2025 Kolte-Patil Developers Records ?2,791 Crore Sales in FY25, Expands Project Portfolio 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... Read more
Apr 21, 2025 Bombay HC Directs BMC to Demolish Unauthorized Construction in Ghatkopar, Blames Inaction on Civic Officers 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.... Read more
Apr 21, 2025 Bombay HC Orders Neelkamal Realtors to Complete and Hand Over Buildings for MMRDA’s Rental Housing Scheme 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... Read more
Apr 14, 2025 Maharashtra Minister Reviews MHADB Redevelopment Projects, Focuses on Timely Execution and Service Delivery 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... Read more
Apr 14, 2025 Equity Investment in Indian Real Estate Sees 74% Growth in Q4 FY25, Reaches USD 2.9 Billion 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.... Read more
Apr 14, 2025 BMC, SRA Collaborate for Redevelopment of Worli Slums into Luxury Skyscrapers 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... Read more
Apr 14, 2025 Maharashtra Government Allocates Salt Pan Land for Dharavi Redevelopment Project 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,... Read more
Apr 14, 2025 Maharashtra RERA Mandates Clear Display of Project Registration Details in Housing Advertisements 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... Read more
Apr 09, 2025 Maharashtra Cabinet Approves Redevelopment of Adarsh Nagar and Bandra Reclamation MHADA Layouts 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... Read more
Apr 09, 2025 Priyanka Chopra’s Family Leases Out Pune Property at ?2.25 Lakh Per Month 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... Read more
Apr 09, 2025 Arkade Developers to Redevelop Four Housing Societies in Borivali West, Mumbai 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... Read more
Apr 08, 2025 Godrej Properties Acquires First Land Parcel in Versova for Rs. 1,350 Crore Project 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... Read more
Apr 08, 2025 Mumbai Court Declares Former New India Cooperative Bank Chairman and Wife as Proclaimed Offenders 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... Read more
Apr 08, 2025 Adani Group Expands in South Mumbai with 170 Crore Acquisition on Carmichael Road 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... Read more
Apr 08, 2025 Bombay High Court Orders Demolition of Illegal Construction in Ulhasnagar, Blames Civic Body and Police for Inaction 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... Read more
Apr 08, 2025 MMRDA Earns Rs 3,840 Crore from Auction of Prime Plots in Mumbai’s BKC 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... Read more
Apr 08, 2025 Major Financial and Tax Changes to Impact Taxpayers, Investors, and UPI Users Starting April 1, 2025 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.... Read more
Apr 08, 2025 HoABL Files Police Complaint Against Forgery Allegations by Macrotech Developers 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... Read more
Apr 08, 2025 MMRDA Approves Rs 758 Crore Allotment of BKC Plot to NSE for Expansion 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).... Read more
Apr 08, 2025 Navi Mumbai Civic Body to Undertake Survey of Unauthorized Constructions 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... Read more
Apr 08, 2025 Mumbai Gears Up for Stricter Construction Waste Regulations from April 2026 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... Read more
Apr 04, 2025 Maharashtra Government Increases Mumbai's Ready Reckoner Rates by 3.4% 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... Read more
Apr 04, 2025 Thane Civic Body Surpasses Property Tax Collection Target with Rs 810 Crore for FY 2024-25 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 represents... Read more
Apr 04, 2025 Macrotech Developers Alleges Forgery by HoABL in Brand Name Dispute 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... Read more
Apr 04, 2025 Runwal Enterprises Files DRHP for Rs. 1,000 Crore IPO, Plans Pre-IPO Placement 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 crore... Read more
Apr 04, 2025 BMC Considers Property Tax Hike as Collection Soars in FY 2024-25 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,... Read more
Apr 04, 2025 India Office Space Leasing Hits Record 282 Lakh Sq Ft in Q4 FY25, Fueled by Global Capability Centres 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... Read more
Apr 04, 2025 Navi Mumbai Civic Body Achieves Record Property Tax Collection of Rs 800 Crore in FY25 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.... Read more
Apr 04, 2025 Raymond to Develop Rs. 5,000 Crore Residential Project in Wadala, Mumbai 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 a... Read more
Apr 01, 2025 NSE to Convert HQ into Captive Data Center and Relocate to New Office in Mumbai 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... Read more
Apr 01, 2025 BMC Set to Meet Rs 6,200 Crore Property Tax Target for FY25 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... Read more
Apr 01, 2025 United Spirits Sells Property in Mumbai for Rs. 172 Crore 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... Read more
Apr 01, 2025 MahaRERA Stops Hearing Homebuyer Complaints in NCLT Cases 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)... Read more
Apr 01, 2025 New Housing Supply in India’s Top-9 Cities Declines by 34% 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... Read more
Apr 01, 2025 Sunteck Realty Plans Investment of $10-20 Million in Sunteck Lifestyle International 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... Read more
Mar 31, 2025 Bombay HC Upholds Removal of Sushanku Builders for Delay in Slum Rehabilitation Project 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... Read more
Mar 31, 2025 Mumbai Plans Slum Redevelopment for Jogeshwari, Chembur & Kurla Areas 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, and... Read more
Mar 31, 2025 Bombay HC Rules Developer Cannot Use Insolvency Law to Avoid Slum Rehabilitation Obligations 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 the... Read more
Mar 26, 2025 Suryakumar Yadav Buys 2 Luxury Apartments in Godrej Sky Terraces for Rs 21.1 Crore 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... Read more
Mar 26, 2025 Dharavi Redevelopment Project Surpasses 63,000 Tenements Surveyed 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... Read more
Mar 26, 2025 Bombay HC Supports CIDCO's Decision to Halt Ulwe Project Amidst Land Ownership Conflict 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 the... Read more
Mar 26, 2025 Developer Acquires 6.54 Acres in Navi Mumbai for 717 Crore to Launch Residential Project 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... Read more
Mar 24, 2025 Aditya Birla Housing Finance Raises Rs 830 Crore from IFC for Affordable Housing and Women's Empowerment 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... Read more
Mar 24, 2025 Mahindra Lifespaces Partners with Livingstone Infra for Rs 1,650 Crore Mahalaxmi Redevelopment 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,... Read more
Mar 24, 2025 Tribeca Developers Appoints Vaibhav Agarwal as Executive Director, Plans IPO and Capital Raise 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... Read more
Mar 24, 2025 Rohit Sharma Leases Out Mumbai Apartment for 2.60 Lakh Per Month 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,... Read more
Mar 24, 2025 Oberoi Group to Partner with Ladhani Group for Two Luxury Resorts in Rishikesh 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... Read more
Mar 24, 2025 Bombay HC Approves Rs 21,000 Crore Redevelopment of Motilal Nagar in Goregaon 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,... Read more
Mar 24, 2025 BNP Paribas Secures Prime Office Space in Mumbai’s BKC at 811 Per Sq. Ft. Per Month 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... Read more
Mar 24, 2025 Hermes Distillery Acquires 10 Residential Units in Mumbai for 199.35 Crore 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 the... Read more
Mar 24, 2025 DLF to Invest 20,000 Crore in Expanding Commercial Real Estate Portfolio 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... Read more
Mar 24, 2025 Kalyan Tehsildar Orders FIR Against Builder for Forging Land Records 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... Read more
Mar 24, 2025 Adani Group Wins Rs 36,000 Crore Motilal Nagar Redevelopment Project 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... Read more
Mar 24, 2025 Kajol Purchases Commercial Property in Mumbai’s Goregaon for 28.78 Crore 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... Read more
Mar 24, 2025 Blackstone to Purchase 26% Stake in Kolte-Patil Developers for 758.57 Crore 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 other... Read more
Mar 24, 2025 Keystone Realtors Unveils New Residential Development in Dombivli, Mumbai 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... Read more
Mar 24, 2025 Navi Mumbai to Auction Seized Properties for Pending Tax Recovery 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... Read more
Mar 24, 2025 Vageshwari Properties Purchases Malabar Hill Property in Mumbai for Rs 276 Crore 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 hideout... Read more
Mar 24, 2025 Ajmera Realty to Redevelop Residential Society in Andheri West for Rs 320 Crore 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... Read more
Mar 24, 2025 MahaRERA to Resolve Pending Recovery Cases in Three Months 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... Read more
Mar 24, 2025 Bombay HC Upholds Mall Closure Over Environmental Clearance 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... Read more
Mar 24, 2025 Oberoi Realty to Sell 21.74% Stake in I-Ven Realty to Alpha Wave Ventures for Rs 1,250 Crore 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. Under... Read more
Mar 24, 2025 Ravi Puravankara Purchases 12 Commercial Properties in Mumbai for Rs 242 Crore 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... Read more
Mar 24, 2025 Nisus Finance’s Fund Exits Shapoorji Pallonji Real Estate Subsidiary with 18.74% IRR 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... Read more
Mar 24, 2025 Adani Group in Advanced Negotiations to Acquire Emaar India for $1.4-1.5 Billion 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.... Read more
Mar 24, 2025 "FIR Filed Against Wadhwa Group for Alleged Rs 57 Crore Fraud in Goregaon Redevelopment" 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... Read more
Mar 11, 2025 Maharashtra Deputy CM Proposes TDR for Redevelopment Near Mumbai Airport 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... Read more
Mar 11, 2025 BMC Seizes Properties of Two Builders Over 21 Crore Tax Default 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... Read more
Mar 11, 2025 Macrotech Developers Acquires Unichem Jogeshwari Land for 279 Crore 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... Read more
Mar 10, 2025 Maharashtra Property Registration Offices to Extend Working Hours from March 1 to Manage Year-End Rush 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,... Read more
Mar 10, 2025 Mumbai Redevelopment Boom Triggers Rental Market Surge, Rents Rise 25-30% 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... Read more
Mar 10, 2025 Dharavi Redevelopment: 1.4 Lakh Units to be Resettled, Only 35-40% of Land to be Used 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... Read more
Mar 10, 2025 Shakti Kapoor Sells Juhu Apartment for 6.11 Crore 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... Read more
Mar 10, 2025 NPCI to Develop 5 Lakh Sq. Ft. Office Space in Mumbai BKC 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... Read more
Mar 10, 2025 Tesla Secures First Indian Showroom in Mumbai’s BKC at Record-Breaking Lease Rate 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... Read more
Mar 10, 2025 Supreme Court Declines to Halt Dharavi Redevelopment Project 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... Read more
Feb 20, 2025 Arkade Developers to Redevelop Nutan Ayojan in Malad West with GDV of Rs 740 Crore 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... Read more
Feb 20, 2025 Bombay High Court Denies Bail to Bhayandar Builder Over Alleged Forgery in Redevelopment 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,... Read more
Feb 20, 2025 Celebrity Couple Zaheer Khan, Sagarika Ghatge Acquire Luxury Apartment in Mumbai for Rs 11 Crore 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... Read more
Feb 20, 2025 Mumbai's Mhada Reclaims Prime Juhu Land After Two-Decade Legal Battle 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... Read more
Feb 20, 2025 Kalyan-Dombivli Illegal Construction Scam: HC Orders Demolition of 65 Buildings 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... Read more
Feb 20, 2025 Maharashtra RERA Faces Growing Backlog and Execution Issues 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 and... Read more
Feb 20, 2025 BMC Takes Tough Action Against DBS Realty, Attaches 18 Buildings in Chandivli Over Rs 179 Crore Tax Arrears 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... Read more
Feb 20, 2025 HDIL's Unfulfilled Promises: 3,000 Homebuyers Left Waiting as Projects Stall 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... Read more
Feb 20, 2025 Kalpataru Projects International Reports 3% Dip in Q3 FY25 Net Profit Amid Robust Revenue Growth 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... Read more
Feb 20, 2025 After 15 Years of Struggle, Patra Chawl Families in Mumbai Set to Reclaim Their Homes 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... Read more
Feb 20, 2025 Prestige Group Eyes Rs. 1,050 Crore Debt Refinance to Ease Liquidity Pressures on Aerocity Project 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... Read more
Feb 20, 2025 Suraksha Group-Controlled Jaypee Infratech Secures RERA Re-Validation for Seven Stalled Projects in Delhi-NCR 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... Read more
Feb 20, 2025 Arkade Developers to Redevelop Anand Nagar Society in Dahisar East, Mumbai 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... Read more
Feb 20, 2025 Bombay High Court Grants Bail to DHFL Promoters in Money Laundering Case 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... Read more
Feb 20, 2025 Contractors to Initiate Legal Action Over Nearly Rs 1 Lakh Crore Unpaid Government Dues 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... Read more
Feb 20, 2025 Gauhar Khan Acquires Three Apartments for Rs 10.13 Crore in Versova's Shiv Kutir Co-operative Housing Society 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... Read more
Feb 20, 2025 Up to 10,000 Maharashtra Housing Societies Await Single-Window Clearance for Self-Redevelopment 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... Read more
Feb 20, 2025 MahaRERA Compliance Project Updates Leap from 0.02% to 62% Amid Stringent Measures 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... Read more
Feb 20, 2025 New India Cooperative Bank Official Arrested for Embezzling Rs 122 Crore, Admits Transferring Rs 70 Crore to Builder for SRA Project 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... Read more
Feb 20, 2025 Mhada and SRA to Fast-Track 17 Joint Slum Rehabilitation Projects, Targeting 25,000 Homes 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... Read more
Feb 14, 2025 India’s Commercial Office Space Demand to Hit 70 Million Sq Ft in 2025 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... Read more
Feb 14, 2025 Google India Renews Office Leases at FIFC BKC for Rs. 4.79 Crore Monthly 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... Read more
Feb 14, 2025 MHADA to Complete Structural Audit of 1,000 Cessed Buildings in Mumbai by March 2025 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... Read more
Feb 14, 2025 Protean eGov Technologies Leases 68,021 Sq Ft Office Space in Mumbai’s One International Center 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... Read more
Feb 14, 2025 Office Leasing Demand to Grow 8-10% in FY26, Driven by BFSI and GCCs 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,... Read more
Feb 14, 2025 Real Estate Sector Raises Rs 22,320 Crore via QIPs in 2024 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 the... Read more
Feb 10, 2025 1.38 Lakh Projects Registered Under RERA, PMAY-U 2.0 Targets One Crore Homes 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... Read more
Feb 10, 2025 Maharashtra Government Likely to Hike Ready Reckoner Rates by 10% from April 1 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.... Read more
Feb 10, 2025 Arkade Developers Acquires 4-Acre Land in Goregaon West for Rs. 165 Crore, Plans ?2,000 Crore Project 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... Read more
Feb 10, 2025 HDFC Bank Secures 4.5 Lakh Sq Ft Office Space in Mumbai’s Andheri East in Rs. 1,020 Crore Mega Lease Deal 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... Read more
Feb 10, 2025 Ajmera Realty Acquires 1,341.1 Sq Meter Land in Ghatkopar for Rs 51 Crore 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 Somaiya... Read more
Feb 10, 2025 Mumbai Property Registrations Surge 12% in January, Highest in 13 Years 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... Read more
Feb 10, 2025 Real Estate Sector Gains from SWAMIH Fund 2, Tax Reliefs, and Urban Development Push 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... Read more
Feb 10, 2025 BlackRock Leases 1.65 Lakh Sq Ft Office in Mumbai’s Goregaon for Global Capability Center 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-term... Read more
Feb 10, 2025 Sonakshi Sinha Sells Bandra West Apartment for Rs 22.50 Crore, Marking 61% Price Appreciation Since 2020 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... Read more
Feb 10, 2025 BMC Unveils Rs. 74,427 Crore Budget for 2025-26, Registers 14.19% Increase 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.... Read more
Feb 10, 2025 BMC to Levy Property Tax on Commercial Establishments in Slums, Eyes Rs. 350 Crore Revenue Boost 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... Read more
Feb 10, 2025 Subhash Ghai Purchases Rs. 24 Crore Luxury Apartment in Bandra’s 81 Aureate 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... Read more
Feb 10, 2025 Builders Cannot Deduct More Than 10% of Base Price on Homebuyer Cancellations 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... Read more
Feb 09, 2025 Akshay Kumar and Twinkle Khanna Sell Mumbai Apartment for Rs. 80 Crore in High-Value Transaction 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... Read more
Feb 09, 2025 Mumbai Police Registers Rs 23 Crore Cheating Case Against Real Estate Firm Directors 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... Read more
Feb 09, 2025 Sunny Leone Acquires Office Space in Mumbai for Rs 8 Crore 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... Read more
Feb 09, 2025 Developers Pay Regularisation Charges After BMC Issues Stop-Work Notice 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... Read more
Feb 09, 2025 Raymond Signs Joint Development Agreement for Residential Project in Mahim West, Mumbai 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... Read more
Feb 09, 2025 Mahindra Lifespaces to Redevelop Lokhandwala Project with Rs 950 Crore GDV 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... Read more
Feb 09, 2025 Kolte-Patil Developers inks Joint Development Deal for Rs. 4,000 Cr Project in Pune 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... Read more
Jan 25, 2025 DLF Q3 FY25 Results: Record Sales & Mumbai Expansion Plans 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... Read more
Jan 22, 2025 Amitabh Bachchan Family’s Investments and Real Estate Transactions 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,... Read more
Jan 18, 2025 Large Luxury Flat at Lodha Malabar at Walkeshwar sold at 1.45 Lakhs PSF 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... Read more
Jan 17, 2025 Signature Islands Bandra Kurla Complex by Sunteck Realty Triplex Sold for 100 Cr 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... Read more
Jan 16, 2025 Playback Singer Jubin Nautiyal Buys Rs. 4.94 Crore Sea-Facing 4 BHK at Raheja Exotica, Madh Island 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... Read more
Jan 15, 2025 Why DLF's Launch is a Game Changer for Andheri West 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... Read more
Jan 15, 2025 Mumbai Real Estate Market Sets New Records with 1.41 Lakh Property Registrations in 2024 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,... Read more
Jan 15, 2025 K Raheja Corp Acquires 5.75 Acres in Kandivali for Rs 466 Crore 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... Read more
Jan 15, 2025 Dubai Still a Preferred Investment Destination for Indian Home Buyers and Investors 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... Read more
Jan 13, 2025 Arkade Developers to Redevelop Three Housing Projects in Mumbai 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... Read more
Jan 13, 2025 Macrotech Developers Expands Footprint in Bengaluru with a 20 Acre Land Acquisition 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... Read more
Jan 13, 2025 Varun Dhawan Purchases Two Luxury Apartments in Juhu for 86.92 Crore 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... Read more
Jan 13, 2025 Kalyan-Dombivli Civic Body to Demolish 10-Storey Illegal Building 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... Read more
Jan 13, 2025 Sussanne Khan Rents Luxury Flat in Jogeshwari West for 2.37 Lakh Per Month 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... Read more
Jan 02, 2025 Its Worli Again - Palais Royale records another Transaction with Metro Brands 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... Read more
Jan 02, 2025 Sun Pharma Promoter Purchases Luxury Apartments Worth Rs 130 Crore in Naman Xana Worli Mumbai 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... Read more
Dec 26, 2024 Deep Financial Consultant buys another flat at Oberoi Three Sixty West Worli 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... Read more
Dec 24, 2024 Oberoi Realty Enters Alibaug 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 in... Read more
Dec 24, 2024 Raymond Realty Demerges with Raymonds Ltd 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... Read more
Dec 24, 2024 Anand Pandits Lotus Developers Gears Up for IPO in Mumbai Real Estate 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... Read more
Dec 23, 2024 What is FSI? Impact on GST for Mumbai Real Estate 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... Read more
Dec 23, 2024 GIS Mapping: Transforming Property Valuations Globally and in Maharashtra GIS Mapping: Transforming Property Valuations Globally and in MaharashtraGeographic Information System (GIS) mapping is a groundbreaking technology revolutionizing property valuations worldwide. By... Read more
Dec 19, 2024 K Raheja Corp acquires mall in Tardeo 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... Read more
Dec 18, 2024 Declaring Foreign Assets in Tax Returns: A Guide for Indian Taxpayers 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... Read more
Dec 18, 2024 Real Estate Owners in Mumbai Paying More Attention to Design 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... Read more
Dec 18, 2024 How Does a Company Takeover Work in Real Estate? 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.... Read more
Dec 18, 2024 Builders Default in Updating 5230 Projects in Mumbai Metropolitan Region - MAHARERA 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... Read more
Dec 17, 2024 A View to a Kill 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... Read more
Dec 17, 2024 When Old Buildings Cannot Redevelop - Challenges in South Mumbai's Real Estate 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... Read more
Dec 16, 2024 RMZ Corp on Jogeshwari Vikhroli Link Road will be the New CBD Near Powai 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... Read more
Dec 16, 2024 Oberoi Realty Stocks up by 6% 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... Read more
Dec 16, 2024 Kolte Patil Launches La Vita in Vashi Navi Mumbai 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... Read more
Dec 16, 2024 HDFC Leases 4 Lakhs Sq.ft in Navi Mumbai - Boost to Residential Property Market in Thane and Navi Mumbai 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... Read more
Dec 14, 2024 How Non Resident Indians Benefit from Higher Currency Exchange Rates and Structured Property Payments 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), offering... Read more
Dec 07, 2024 3 BHK Flat on Rent in Bandra: A Prime Residential Choice in Mumbai 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 best... Read more
Dec 05, 2024 Bastian’s Bold Move to Dadar: A Strategic Choice in Mumbai’s Central Landscape 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... Read more
Dec 05, 2024 Suraj Estate Acquires new land parcel in Mahim 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... Read more
Dec 05, 2024 Property Registration in Mumbai Record another High in November 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... Read more
Dec 05, 2024 Amazon India Acquires land In Lodha Palava for another Data Centre in MMR Region 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... Read more
Dec 01, 2024 No OC - Still you can get Deemed Conveyance - Bombay High Court Ruling 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... Read more
Dec 01, 2024 The Leasing Boom in Real Estate Rent Market from Bandra to South Mumbai 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,... Read more
Dec 01, 2024 Top Residential Areas in Mumbai for Affordable Rentals 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,... Read more
Dec 01, 2024 Checklist for Renting a Flat in Mumbai 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... Read more
Dec 01, 2024 Abhinandan Lodha Acquires American Centre at Marine Lines 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 what... Read more
Dec 01, 2024 Understanding Leave and License Agreements in Mumbai 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).... Read more
Dec 01, 2024 How to Negotiate Rent in Mumbai: Tips for Renters Using Psychology 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... Read more
Dec 01, 2024 The Evolution of Mumbai's Rental Market: Trends and Predictions 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 its... Read more
Dec 01, 2024 How to Prepare Your Property for Rent in Mumbai 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.... Read more
Nov 30, 2024 Rodium Realty Masters the Art of Boutique Buildings in Mumbai 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... Read more
Nov 30, 2024 State Street Corporation Rents office space in Equinox, BKC from Brookfield Properties 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... Read more
Nov 30, 2024 Buyers Focus to remain on Modern Homes in 2025 in Mumbai 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, technological... Read more
Nov 30, 2024 Adani Group Dharavi Project Survey Update 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,... Read more
Nov 27, 2024 Neoliv to Develop first Project in Alibaug near Mumbai 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.... Read more
Nov 23, 2024 Oberoi Realty Three Sixty West at Worli - Director Deep Financial Consultants buys 4 BHK - 105 Cr 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... Read more
Nov 23, 2024 Nippon Life India buys office in One Lodha Place Worli 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... Read more
Nov 22, 2024 DLF to launch in Andheri West Mumbai 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... Read more
Nov 21, 2024 Deepika Padukone and Ranveer Singh Lease an Apartment in Beaumonde, Prabhadevi 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... Read more
Nov 20, 2024 Suraj Estate Developers Mumbai Net Profit up in Q2 - 2024 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,... Read more
Nov 20, 2024 Adani Realty Navi Mumbai Airport Convention Center Plan 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,... Read more
Nov 20, 2024 Understanding Capital Gains on Sale of a Flat 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),... Read more
Nov 20, 2024 Formed a New Housing Society, Checkout Responsibilties. 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... Read more
Nov 20, 2024 Mumbai Property Market Registration Review 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.... Read more
Nov 20, 2024 Why Higher Floors Are More Expensive in Mumbai 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... Read more
Nov 15, 2024 List of Best Underconstruction Projects in Bandra East - Bandra Kurla Complex - for Investment 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... Read more
Nov 15, 2024 Nandivarhan Group Launches Monopoli in Dadar 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 Jodi... Read more
Nov 14, 2024 Premium Real Estate Hotspots in Mumbai - South Mumbai, Worli, Bandra, Juhu, BKC 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... Read more
Nov 14, 2024 Prestige Nautilus Worli 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... Read more
Nov 14, 2024 HDFC Capital and Runwal Enterprises Partner - Corporate Funding Boosts Mumbai Housing 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... Read more
Nov 13, 2024 Shahid Kapoor Leases His Flat in Oberoi Three Sixty West Worli 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 Sixty... Read more
Nov 13, 2024 Blox and Guardians - Mumbai Real Estate Broking Market Gets into Consolidation Mode 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... Read more
Nov 10, 2024 Oberoi Realty Launches Jardin in Oberoi Garden City - Sales of over 1300 Cr Already Done 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... Read more
Nov 05, 2024 Morgan Stanley Opens State-of-the-Art Office in Oberoi Garden City, Goregaon East Mumbai 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... Read more
Oct 28, 2024 List of International Schools in Mumbai for Expatriates and Senior Management 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... Read more
Oct 26, 2024 Why Bandra West is Perfect for Renting 3-Bedroom Apartments? 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... Read more
Oct 26, 2024 Why Bandra West is ideal for Expatriates and Senior Management in Mumbai who are looking for renting or buying? 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... Read more
Oct 26, 2024 2 BHK Flat Renting in Bandra West - Guide 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... Read more
Oct 22, 2024 How to Sell your House quickly in Mumbai? 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... Read more
Oct 22, 2024 A Taste of EL&N London n Mumbai’s Ultimate Luxury Hub – Jio World Plaza BKC" 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... Read more
Oct 21, 2024 Entry to Mumbai become Toll Free - Advantage Renters 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.... Read more
Oct 20, 2024 Income Tax Tribunal Approves Exemption for Two Flats Treated as a Single Home - Section 54F 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... Read more
Oct 20, 2024 Why Bandra East is the new epicentre of real estate in Mumbai!! 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... Read more
Oct 19, 2024 Buy a Property or Buy Oberoi Realty Stocks - You will win!!! 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... Read more
Oct 19, 2024 Why Bandra, Juhu, Worli, South Mumbai property prices in Premium segment similar? 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... Read more
Oct 19, 2024 Is equity market FOMO letting you not invest in real estate? 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... Read more
Oct 19, 2024 Where to Invest in Mumbai? South or Suburbs !! 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.... Read more
Oct 18, 2024 PVR INOX to Monetise Real Estate Assets and Shift to FOCO Model for Growth 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... Read more
Oct 18, 2024 Century Textiles Acquires 10 Acres in Mumbai’s Worli for Rs 1,100 Crore 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... Read more
Oct 18, 2024 Arkade Developers Sets Price Band for Rs 410 Crore IPO at Rs 121-128 per Share 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 subscription... Read more
Oct 18, 2024 Does Mumbai have a deficit of office space of smaller areas? 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... Read more
Oct 18, 2024 Why 1-Bedroom Apartments in Mumbai Are the Best Investment for Home Buyers and Investors 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... Read more
Oct 18, 2024 Why luxury market in Mumbai is aspired by a Home Buyer? 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 aspired... Read more
Oct 18, 2024 First Phase of Mumbai's Metro Line 3 Set for Commissioning Soon 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... Read more
Oct 18, 2024 Merits of Redevelopment of Older Buildings in Mumbai 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... Read more
Oct 18, 2024 Why 7 Mahalaxmi in Mahalaxmi is a great investment by Runwal Group? 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... Read more
Oct 18, 2024 Oberoi Realty will create a New Oberoi Garden City in Thane 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... Read more
Oct 18, 2024 Mahim - The New Central Location In Mumbai. 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, this... Read more
Sep 11, 2024 Japan's Sumitomo Acquires Bombay Dyeing's 2-Acre Worli Land for Rs 440 Crore 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... Read more
Sep 10, 2024 Dharavi NGOs Support Redevelopment Survey, Accuse Non-Locals of Opposing the Project 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... Read more
Sep 10, 2024 Raymond Expects Real Estate Vertical to be Listed by August 2025 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.... Read more
Sep 10, 2024 SEBI Chief Refrains from Commenting on Real Estate Investment Trusts Amid Conflict of Interest Allegations 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... Read more
Sep 10, 2024 New GST Notices on Leasehold Land Transfers Raise Real Estate Concerns 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... Read more
Sep 10, 2024 Residents Oppose SRA Scheme in Juhu Koliwada 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... Read more
Sep 10, 2024 Kangana Ranaut Sells Pali Hill Row House for Rs 32 Crore 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... Read more
Sep 10, 2024 Bajaj Housing Finance IPO Fully Subscribed on Opening Day 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... Read more
Jul 19, 2024 Hindalco to Sell Land Parcel to Ekamaya Properties for Rs 595 Crore 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 was... Read more
Jul 19, 2024 Sanofi India to Sell 1.5 Lakh Sq Ft Mumbai Headquarters 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... Read more
Jul 19, 2024 Four People Booked for Cheating Navi Mumbai Builder of Rs 66.75 Lakh in Land Deal 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... Read more
Jul 19, 2024 Mumbai Police Book Shriji Developers' Directors for Cheating 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 police... Read more
Jul 19, 2024 Bombay HC Orders Seven Members in Way of Society Redevelopment to Vacate or Pay Rs 5 Lakh 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... Read more
Jul 19, 2024 ESR Group Leases 48,800 sq ft Industrial Space to UPM Raflatac in Navi Mumbai 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... Read more
Jul 19, 2024 Nielsen Media Leases 1.52 Lakh sq ft in Mumbai's Goregaon 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... Read more
Jul 10, 2024 Marico’s Priyanjali Mariwala Acquires Luxury Apartment in Mumbai's BKC for Rs 65 Crore. 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... Read more
Jul 10, 2024 Bombay High Court Denies Relief to 41 Illegal Vasai Buildings Facing Demolition 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... Read more
Jul 02, 2024 MMRDA Secures Rs 850 Crore from KfW for Urban Infrastructure Development 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... Read more
Jul 02, 2024 Bombay HC Criticizes State and SRA for Delays in Wadala Redevelopment Project 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,... Read more
Jul 02, 2024 Bombay HC Nullifies Allotment of Plot Reserved for Sports Complex to Progressive Homes 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... Read more
Jul 02, 2024 ICICI Prudential AMC Acquires Office Tower from Kalpataru in Mumbai for Rs 315 Crore 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... Read more
Jun 28, 2024 The first phase of Mumbai Metro 3 is scheduled to be completed by December 2024. 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.... Read more
Jun 28, 2024 The Bombay High Court has strongly criticized the Maharashtra government and the Slum Rehabilitation Authority (SRA) for significant delays in replacing the builder of a redevelopment project. 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... Read more
Jun 28, 2024 MCGM Declines Stop Work Notice for Godrej Properties' Kandivali Project 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... Read more
Jun 28, 2024 Abhishek Bachchan acquires 6 flats in Oberoi Sky City, Borivali East. 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... Read more
Jun 28, 2024 Dharavi Redevelopment Project Requests Five-Year Lease for 15 Acres in BKC 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... Read more
Jun 28, 2024 Common JVPD Plots Belong to 14 Housing Societies, Not Mhada 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... Read more
Jun 28, 2024 MahaRERA to Enforce Grievance Redressal Cells for Realty Projects 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... Read more
Jun 28, 2024 Amitabh Bachchan Acquires Additional Office Spaces in Mumbai's Andheri Suburb. 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... Read more
Jun 28, 2024 Aamir Khan purchases an apartment in Pali Hill, Bandra West, for Rs 10 crore. 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 prestigious... Read more
Jun 28, 2024 1,700 shanties in Bandra West demolished for urban renewal project aimed at slum rehabilitation. 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... Read more
Jun 28, 2024 Sobha plans rights issue starting June 28 to raise up to Rs 2,000 crore 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... Read more
Jun 18, 2024 Puravankara Board Approves Rs 1,000 Crore Fundraising via QIP 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... Read more
Jun 18, 2024 New Committee Appointed to Study Amendments to Maharashtra Apartment Ownership Act 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.... Read more
Jun 18, 2024 Sobha Limited Announces Rs 2,000 Crore Rights Issue 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... Read more
Jun 18, 2024 Leadership Transition at Kolte-Patil Developers: CEO Rahul Talele Resigns, Atul Bohra Appointed as Successor 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... Read more
Jun 18, 2024 Continuous Rise in Residential Real Estate Prices Since 2013 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... Read more
Jun 18, 2024 Godrej Family Acquires Three Luxurious Sea-View Apartments in Malabar Hill for Rs 180 Crore 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... Read more
May 30, 2024 Oberoi Exquisite at Goregaon East 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... Read more
May 27, 2024 Macrotech Developers to invest Rs 3,500-4,000 crore this fiscal year in land acquisitions 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... Read more
May 23, 2024 L&T Realty Signs Agreement for Collaborative Development of 12.2 Acres of Land in Thane. 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,... Read more
May 23, 2024 Awfis Space Solutions IPO fully subscribed on Day 1. 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... Read more
May 23, 2024 The Bombay High Court has granted bail to the founder of ABIL Group in connection with the Yes Bank-DHFL scam. 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... Read more
May 23, 2024 Developer from Thane Arrested for Defrauding Apartment Buyers. 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... Read more
May 21, 2024 IL&FS Seeks Fresh Approval from MMRDA for Transfer of Mumbai Headquarters 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... Read more
May 21, 2024 Managing Director of Kiran Gems Purchases Mumbai Worli Apartment for Over Rs 97 Crore. 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... Read more
May 21, 2024 Pirojsha transformed the real estate landscape at Godrej step by step. 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... Read more
May 21, 2024 Oberoi Realty to Collaboratively Develop 12,790 Sq Meters of Land in Mumbai. 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... Read more
May 21, 2024 Godrej & Boyce and Godrej Properties to maintain partnership for Mumbai land development. 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,... Read more
May 21, 2024 BMC publishes list of 188 hazardous, dilapidated buildings. 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... Read more
May 21, 2024 Vacant retail space in abandoned shopping malls increased by 58% in 2023 across eight cities 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... Read more
May 21, 2024 BMC Achieves Rs 3,905 Crore Property Tax Collection; Aims for Rs 4,500 Crore Target 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... Read more
May 21, 2024 Prestige Estates Projects' CEO Venkata Narayana K Steps Down 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... Read more
Apr 29, 2024 K Raheja Corp Plans Luxury Residential Redevelopment of SOBO Central Mall 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 stood... Read more
Apr 29, 2024 Amitabh Bachchan buys land parcel from HoABL to build luxury villa in Alibaug 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.... Read more
Apr 29, 2024 Macrotech Developers to invest Rs 5,000 crore in FY25 on construction of realty projects 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 in... Read more
Apr 29, 2024 Brookfield plans $10 billion investment in Indian real estate in 3-5 years 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 investment... Read more
Mar 17, 2024 Mumbai Property Market Continues Sales Achieves Higher Targets 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... Read more
Mar 05, 2024 Transfer Fees - Is it Justifed by Societies? 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... Read more
Mar 05, 2024 Mahindra Lifespaces Extremely Bullish on Future Developments 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. This... Read more
Mar 05, 2024 Maharashtra Government - New Rules for Development with Infra 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... Read more
Mar 05, 2024 Another Metro Added to Mumbai's Amazing Metro Infra 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... Read more
Mar 05, 2024 Maharashtra Property Registration Numbers Regain Highs 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... Read more
Feb 16, 2024 Oberoi Realty Signs Agreement with Marriott International to Develop Hotels in Thane and Borivali 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... Read more
Jan 09, 2024 Amitabh Bachchan Leases Prime Office Space to Warner Bros in Andheri West "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... Read more
Dec 28, 2023 Lodha & Skechers Build Mega Hub 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... Read more
Dec 10, 2023 Live in Mumbai with Dubai Life style - Own a Private Villa 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... Read more
Dec 10, 2023 Dont Buy a Home if you cant afford - Rent It!!! 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... Read more
Dec 10, 2023 Developer Subvention or a Construction Linked Plan - What is better? 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. More... Read more
Dec 10, 2023 Benefits of Buying Real Estate with Top Developers in Mumbai 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 have... Read more
Dec 10, 2023 Man Infraconstruction: A Contractor-Turned-Developer Daring to Dream Big 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... Read more
Dec 10, 2023 Choosing Between Real Estate and Equity Investments in Mumbai: A Guide for Investors 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... Read more
Dec 10, 2023 Will Suburbun Locations Grow Faster or Tier II Cities or Tier I Cities 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... Read more
Dec 10, 2023 Immediate Infrastructure Impacts in Mumbai Transforming Real Estate 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... Read more
Dec 10, 2023 Impact of Coastal Road on Real Estate Prices in Mumbai 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 improved... Read more
Dec 10, 2023 Capital Gains After Selling a Property 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... Read more
Dec 10, 2023 Bollywood Industry is Top Real Estate Investor in Mumbai 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... Read more
Dec 10, 2023 Should You take a Home Loan to Buy a Property? 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,... Read more
Nov 30, 2023 Simplified Version of the Abhay Yojana Scheme 2023 Maharashtra Government 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... Read more
Nov 30, 2023 Maharashtra Cabinet Introduces Stamp Duty Abhay Yojana 2023 to Boost Revenue 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 Yojana... Read more
Nov 29, 2023 Hiranandani Group Expands with Eleva – A Pan-India Real Estate Consultant Service 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... Read more
Nov 27, 2023 Oberoi Three Sixty West Worli Gets More Spice 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 a... Read more
Nov 21, 2023 Oberoi Realty launching New Project Oberoi Forestville in Thane 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... Read more
Sep 14, 2023 RBI imposes 5000 Penalty Per Day on Delay if Original Documents not returned on time 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... Read more
Aug 04, 2023 Ashar Group launches Legend at Pali Hill - Dilip Kumar Bunglow Property 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 between... Read more
Jul 12, 2023 DB Realty Sells Prime Land at Marine Lines to Prestige Estates 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... Read more
Jul 09, 2023 Bollywod Actor Kartik Aaryan buys a Home in Juhu 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... Read more
Jul 02, 2023 Mumbai City - The New Destination of IT & Data Centers 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 sector... Read more
Jun 28, 2023 Commerz II - The New Leed Platinum Building in Goregaon East by Oberoi Realty 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... Read more
Jun 13, 2023 Bajaj Finance offers Home loans for 40 Years 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... Read more
Jun 12, 2023 Bought a Flat - Guide to Co-operative Housing Society Formation 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,... Read more
Jun 12, 2023 K Raheja Corp Modern Mills Mahalaxmi Project Launch - Sales Cross 1000 Cr in Q1 - 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... Read more
Jun 01, 2023 Is real estate a high or low risk investment in Mumbai? 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 estate... Read more
May 26, 2023 Bandra East - BKC - New Destination for Affordable Housing in Mumbai 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... Read more
May 26, 2023 Mumbai to be World Class City by 2025 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... Read more
May 26, 2023 One Lodha Place Worli 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... Read more
May 26, 2023 How to Buy a New Home in Mumbai City 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:... Read more
May 26, 2023 Leave and License Agreement Mumbai 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... Read more
May 26, 2023 Why is Co-operative Housing Society NOC required for Selling Flats in Mumbai 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... Read more
May 26, 2023 Oberoi Realty Sales Sky Rocket in Q1 - 2023 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... Read more
May 26, 2023 What will be the Impact on Real Estate Prices due to Coastal Road in Mumbai? 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... Read more
May 26, 2023 Jio Convention Centre to Host Mumbai’s Largest Property Expo 2022 - HOMETHON 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 best... Read more
May 26, 2023 Oberoi Realty likely to launch New Projects in Kolshet and Pokhran Thane soon 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 land... Read more
Apr 26, 2023 Prestige Group to develop Worli Housing Project 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... Read more
Apr 25, 2023 Alia bhatt buys house in Pali Hill Bandra 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.... Read more
Feb 19, 2023 NTC Mill Land Mumbai 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... Read more
Feb 17, 2023 Should i invest in real estate or put money in Fixed Deposit for Income? 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... Read more
Feb 17, 2023 Should i buy a Home in South Mumbai or Suburbs in Mumbai for Investment? 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.... Read more
Feb 17, 2023 Should i take a home loan to buy a property to invest? 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: Financial... Read more
Feb 17, 2023 Does the Stock Market prices going down impact real estate market 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... Read more
Feb 17, 2023 Is it better to rent or buy a property in Mumbai 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... Read more
Nov 05, 2022 Morgan Stanley Leases out Prime Commercial Space in K Raheja Altimus at Worli 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... Read more
Oct 28, 2022 Paradigm Antalya - 101 Downtown Jogeshwari - Andheri West Review 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... Read more
Sep 27, 2022 Under Construction Projects in Great Demand in Mumbai 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... Read more
Aug 15, 2022 Eastern Suburbs New Homes Sales Review by Index Tap, Powered by CRE Matrix 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 said... Read more
Aug 11, 2022 X Bkc Launch by Adani Realty at Jio Convention Centre, Bandra Kurla Complex (BKC) 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... Read more
Aug 06, 2022 Unicorn Andheri West New Project by Chandak Sells 70% Inventory 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 the... Read more
Aug 01, 2022 Godrej Properties buys land in Carmichael Road 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... Read more
Jul 20, 2022 Hbits to Invest 500 Crore in Fractional Ownership in India 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... Read more
Jul 16, 2022 Vedanta family buys flat in Raheja Legend, Worli 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... Read more
Jul 11, 2022 Ranveer Singh Buys flat in Bandra West in Sagar Resham at Bandstand 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 a... Read more
Jul 09, 2022 Ajmera Group Mumbai Sales touches 400 Crores 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... Read more
Jul 08, 2022 Lodha Group Pre-Sales Jumps to 2800 Cr in Q1 - FY23 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%... Read more
May 31, 2022 Lodha Adrina Worli New Launch 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... Read more
May 30, 2022 Sunteck Beach Residences Vasai 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... Read more
May 22, 2022 Sunteck New Project Launch in Vasai 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... Read more
May 21, 2022 Rustomjee Crown Tower C - Prabhadevi Project Update 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... Read more
May 21, 2022 Rustomjee Group IPO Soon. 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... Read more
May 20, 2022 Prestige New Launch at Mulund Yogi Hills 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 BHK... Read more
May 20, 2022 Adani Realty New Project in Andheri West Link Road 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... Read more
May 18, 2022 The Falcon Has Landed In Mumbai 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... Read more
May 16, 2022 A View to a Kill 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... Read more
May 15, 2022 Rooftop Gardens and Infinity Pools in Mumbai 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... Read more
May 15, 2022 Minimalistic office designs are Trending 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... Read more
May 14, 2022 Higher Interest Rates and Higher Stamp Duty - Heat Impact 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 pinching... Read more
May 14, 2022 Show Flats add to the Glitz in the Project 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)... Read more
May 14, 2022 High Quality office space in Demand 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... Read more
May 14, 2022 Mumbai Metro to be a Game Changer for Real Estate 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 pursuit... Read more
May 14, 2022 Modern Buildings Adorn Mumbai Skyline 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 in... Read more