Booms in luxury real estate: 41% of all homes sold in India are now valued at more than Rs 1 crore
Driven by a strong economy and rising desire for opulent living, India’s residential real estate sector is booming. According to…
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According to an RTI, BMC has suggested allocating land for the Dharavi Redevelopment Project
According to a Brihanmumbai Municipal Corporation (BMC) response under the Right to Information Act, the BMC has proposed to the…
Gokhale Bridge-Barfiwala Flyover in Mumbai Reopened
The newly built lane on the C. D. Barfiwala Flyover, which connects Juhu and Andheri, was opened to the public…
BMC’s ₹1,000 Crore Project to Create 700 Acres of Green Space Along Coastal Road
The Brihanmumbai Municipal Corporation (BMC) is considering a visionary plan proposed by renowned architect Hafeez Contractor that could transform the…
Bombay High Court Directs BMC to Complete Deonar Burial Ground by December 2024
The Bombay High Court has set a deadline for the Brihanmumbai Municipal Corporation (BMC) to make three additional burial grounds…
June 2024 sees an 11% YoY increase in Mumbai property registrations and a 15% increase in stamp duty collections
In June 2024, the number of property registrations in the Mumbai real estate market increased by almost 11% to 11,443…
A hunger strike over NAINA development is set to begin by Navi Mumbai villager leaders
Villagers in and surrounding Navi Mumbai will shortly intensify their demonstrations against the city development plan known as the Navi…
In the last 24 months, Mumbai’s home prices have increased by 20.4%
The most recent PropIndex Report from Magicbricks indicates that sustained demand and constrained supply have contributed to a 20.4% increase…
Developers Are Not Allowed to Deposit Home Buyers’ Funds Into Separate Bank Accounts Per MahaRERA
According to the Maharashtra Real Estate Regulatory Authority (MahaRERA), developers in the state will be required to maintain separate designated…
In FY25, realtors increase investments and diversify their portfolios due to strong demand
Due to the increase in demand, major real estate companies including Prestige Estates Projects, Sattva, Sobha, Brigade Enterprises, Suraj Estate…