NMIA's inauguration moves to Sept 30, 2025, despite infrastructure gaps. Real estate market surges in Navi Mumbai, but metro and road delays pose challenges. Experts predict short-term property price spikes with long-term growth potential.
Property values in Navi Mumbai surge dramatically as the new international airport approaches its September 2025 opening, with infrastructure developments boosting investment appeal.
Boman Irani reveals Rustomjee's strategic focus on Mumbai's ₹5 crore apartment market, identifying it as the city's sweet spot while maintaining ₹1-3 crore as the darling segment.
Thane emerges as key commercial hub with 10% of Mumbai's office demand, offering affordable rents and 2.7 million sq ft under construction in MMR expansion.
Thane District tops Mumbai region with 334,809 unsold residential units in Q1 2025, creating a supply-demand paradox as prices surge 46% amid market enthusiasm.
Thane's real estate market witnesses growing preference for under-construction properties as buyers seek luxury amenities at affordable prices, avoiding Mumbai's premium rates.
Thane’s real estate booms as ₹59,000 crore infrastructure projects fuel 46% price growth, boosted by metro expansions and elevated corridors, with 2BHKs leading new supply
Thane's average home prices leaped 46% (₹13,550/sq.ft. in 2022 to ₹19,800/sq.ft. in 2025), driven by infrastructure upgrades and rising demand for compact 1BHK/2BHK units, now outperforming Mumbai's prime markets.
Thane's residential market shifts focus to compact homes, with 2BHKs comprising 45% of 65,800 new units between FY 2020-2025, driven by affordability and smaller budgets.
Godrej Properties has acquired a 90-acre land parcel in Khalapur, Raigad, near Mumbai, to develop premium residential projects targeting the growing demand for high-end properties in strategic locations.
Navi Mumbai’s residential market shows relative strength with only 7% sales decline in Q1 2025, outpacing Mumbai’s 36% drop as infrastructure projects and affordability drive buyer interest despite national slowdowns.
Delta Corp is launching a real estate development platform in MMR with an investment of Rs 765 crore, focusing on residential redevelopment and plotted development.
India's luxury real estate market is experiencing high demand, with a 24% increase in the average cost of luxury housing units this year. Factors driving this growth include changing consumer behavior, a growing middle class, and the incorporation of smart technology and eco-friendly features in luxury homes.
MahaRERA bans sales of 644 Maharashtra residential projects due to delayed completion and delivery issues.
Pune's new residential launches decreased by 32% in H1 2016 compared to H1 2015, while unsold inventory reached a 5-year low. Office space transactions also slowed down due to lack of new supply.
A recent survey of India's top cities reveals a struggling real estate sector with substantial unsold inventory, particularly in Delhi-NCR, Mumbai and Bangalore.
Mumbai faces longer sales times for its 1.13 lakh unsold units due to high prices, despite having fewer unsold units than Delhi NCR. Rate cuts by RBI could boost sales.
Real estate brokers are underwriting new projects for developers facing a cash crunch in major metros, impacting sales figures and market stability.
Navi Mumbai emerges as top destination for commercial real estate investment, offering competitive prices and growth opportunities.