Mumbai’s residential real estate market continued to display resilience in February 2026, recording a year-on-year increase in property registrations along with a notable jump in stamp duty collections. The trend points to renewed buyer confidence and growing interest in higher-value homes across the city. The improvement comes shortly after a
As construction and redevelopment activity accelerates across Mumbai, the Brihanmumbai Municipal Corporation (BMC) has stepped up action against projects failing to follow mandatory dust-control regulations. In the city’s largest administrative zone, P North Ward covering Malad, civic officials have issued 149 stop-work notices to construction sites found violating pollution control
Maharashtra’s High Power Committee has approved the redevelopment of nearly 200 acres across three large housing clusters in Mumbai, paving the way for significant urban renewal projects in the city. The Maharashtra Housing and Area Development Authority (MHADA), which will implement the projects, is expected to soon begin the process
The Maharashtra Housing and Area Development Authority (MHADA) has taken a major step forward in the redevelopment of the Guru Tegh Bahadur (GTB) Nagar housing cluster in Sion Koliwada, Mumbai, by signing key agreements required to begin project execution. All cooperative housing societies involved in the redevelopment have signed a
The Maharashtra government’s plan to expand the Pune–Mumbai Expressway into a 10-lane superhighway has reached the final stage of technical review and is awaiting approval from the state cabinet. According to officials from the Maharashtra State Road Development Corporation (MSRDC), the proposal is currently undergoing an independent technical evaluation by
Maharashtra’s economy is expected to maintain a strong growth momentum in 2025–26, with the state projected to expand at 7.9%, higher than the national growth estimate of 7.4%. According to the Economic Survey of Maharashtra 2025–2026, the state continues to hold its position as India’s largest economy, while also highlighting
Despite rising geopolitical tensions and volatility in global financial markets, Mumbai’s real estate sector continues to attract steady investor interest. Strong domestic demand, limited land availability and ongoing infrastructure expansion are helping the city’s property market maintain stability even as global economic conditions remain uncertain. Conflicts in parts of the
Mumbai’s water infrastructure is set for a major upgrade, with the Brihanmumbai Municipal Corporation (BMC) allocating nearly Rs 6,000 crore in its 2026–27 budget to strengthen supply systems through new dams, conveyance tunnels and a desalination plant. The civic body has earmarked its largest-ever share of capital expenditure for water
Mumbai’s ambitious Goregaon–Mulund Link Road (GMLR) project, aimed at significantly improving east–west connectivity across the city, is now expected to be completed only by 2028 due to delays in key construction components. A major element of Phase III of the project involves the construction of a 13-metre-diameter tunnel passing beneath
The Brihanmumbai Municipal Corporation (BMC) is expected to unveil a new policy by the end of this month aimed at enabling thousands of housing societies in Mumbai to obtain long-pending Occupation Certificates (OCs). The proposed framework could benefit nearly 25,000 cooperative housing societies across the city that currently lack this
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