Mumbai's Western suburbs including Bandra, Juhu and Andheri logged a 20% rise in luxury apartment sales in Q4-2024, driven by enhanced infrastructure developments and post-pandemic demand for spacious homes.
The highly anticipated Thane Property Expo 2025, hosted by CREDAI MCHI Thane, runs from February 7-10, featuring over 300 projects and exclusive financial offers.
Forbes Global Properties enters Indian market with luxury brokerage services & development plans in Delhi, Mumbai, and Goa.
Bombay HC orders committee to verify affordable flats built by Hiranandani Group in Powai, amid dispute over completion of 3,103 flats as per 2012 order.
Mumbai's redevelopment policy undergoes changes, offering more profits to developers and residents. Larger clusters mean bigger flats and easier negotiations.
MMRDA plans to sell 2,500 low-cost flats in Thane and Vasai-Virar, contributing to affordable housing initiatives for economically weaker sections.
Godrej Properties and Jet Airways are partnering on a 1.3 million sq ft commercial project in Mumbai's Bandra Kurla Complex. The project, Godrej BKC, is expected to generate Rs. 3,500-4,000 crore.
GVK Power & Infrastructure Ltd plans to monetize 2.9 million sq. ft. of Mumbai International Airport's real estate to fund its modernization, pending Maharashtra Chief Minister's approval.
Bandra Kurla Complex (BKC) is experiencing growth in office space with an expected 2.5 million sq ft addition. Leasing and buying activity has increased and the rent correction appears stabilized.
Builders Association of India advises Maharashtra government to let MHADA, MMRDA, and CIDCO handle SRA scheme redevelopment
HDIL's first quarter results show signs of recovery in the domestic realty sector, with both volumes and prices increasing.
Mumbai is set to alleviate its housing crisis with a new 35,000-unit rental project in Tiwri village by Dhanashree Developers, aimed at Maharasthrians with low income.
MMRDA offers two large plots in Wadala, Mumbai for 80-year lease. One plot is for a commercial complex and the other for a multiplex, aiming to attract major developers and financial institutions.
MMRDA plans to build 5 lakh affordable rental houses in Mumbai Metropolitan Region over 5 years, targeting migrants and low-income groups.