While the monsoon season is traditionally considered a slow period for the real estate market, it can be one of the most valuable times for prospective homebuyers to assess a property before making a purchase. Rather than focusing solely on timing the transaction, experts believe the rainy season provides a
The Maharashtra government has announced a major reduction in stamp duty for the registration of 99-year lease agreements of cooperative housing societies on government-leased land in Mumbai, offering significant financial relief to hundreds of residential societies. Revenue Minister Chandrashekhar Bawankule announced in the Legislative Assembly on Tuesday. Under the revised
Construction has resumed at the long-delayed Majaswadi Sarvodayanagar redevelopment project in Jogeshwari East, marking a significant milestone after the final occupants vacated the site. The restart of work ends a 17-year delay and paves the way for the completion of the 9-acre redevelopment project. The project involves the redevelopment of
The Bombay High Court has observed that the Brihanmumbai Municipal Corporation (BMC) cannot be held solely responsible for Mumbai’s recurring monsoon flooding, stating that encroachments, blocked drainage systems and misuse of public spaces have significantly contributed to the city’s waterlogging problems. The remarks were made on Tuesday by Acting Chief
As the Mumbai Metropolitan Region (MMR) continues to grapple with heavy rainfall and recurring waterlogging, leading architect and urban planning expert Dikshu C. Kukreja has called for the restoration of blue-green infrastructure and the adoption of watershed-based planning to strengthen the city’s climate resilience. According to Kukreja, Mumbai’s flooding is
More than a decade after land was allegedly acquired for widening National Highway-48 between Surat and Dahisar, several villagers are still awaiting compensation, prompting the Bombay High Court to question how a public infrastructure project could proceed without completing the legal land acquisition process. A division bench comprising Justice Manish
Mira Road remains one of the most active residential micro-markets in the Mumbai Metropolitan Region (MMR), but the steady flow of new project launches continues to coincide with a substantial stock of unsold homes, raising questions about the pace at which supply can be absorbed. According to housing market data,
The recent building collapse in Mumbai’s Mankhurd, which claimed six lives, including five children, has once again drawn attention to the area’s long-standing problem of unsafe and unauthorised housing. The Mankhurd-Shivaji Nagar belt remains one of the city’s most vulnerable locations during the monsoon due to ageing structures, weak soil
As Mumbai grapples with another intense monsoon that has exposed the city’s infrastructure vulnerabilities, concerns are growing over plans to redevelop the 225-acre Mahalaxmi Racecourse into a Central Park-inspired public space. Urban planners and architects warn that altering one of South Mumbai’s largest natural rainwater absorption zones could increase flooding
The Bombay High Court on Monday came down heavily on the Brihanmumbai Municipal Corporation (BMC) over its handling of open manholes, questioning why the civic body takes action only after lives are lost instead of adopting preventive measures before the monsoon. A division bench of Justices Ajay Gadkari and Kamal
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