January 2, 2026: India’s premium residential market closed 2025 on a strong note, with sharp increases in capital values across major cities, according to the latest Savills India report. The momentum was led by under-construction projects, which recorded price appreciation of up to 36% year-on-year, supported by firm end-user demand,
January 2, 2026: The Bombay High Court has tightened its scrutiny of slum rehabilitation in Mumbai, directing the Slum Rehabilitation Authority (SRA) to reform the way complaints linked to redevelopment projects are addressed. The intervention follows growing distress among slum households facing delayed housing delivery, unpaid transit rent and prolonged
January 2, 2026: Western Railway (WR) implemented a revised timetable for long-distance mail, express and MEMU/DEMU services from Thursday, January 1, 2026, introducing a series of operational changes aimed at easing travel across Mumbai and strengthening rail connectivity. The new schedule reflects efforts to respond to rising passenger demand while
December 31, 2025: Mumbai’s suburban railway system will run 12 additional train services in the early hours of January 1 to manage passenger movement during New Year celebrations, railway officials said on Thursday. The special services are aimed at facilitating safer and smoother travel for commuters returning home after midnight
December 31, 2025: The Reserve Bank of India (RBI) has announced that borrowers of floating-rate home loans and other floating-rate loans will not be required to pay any prepayment or foreclosure charges from January 1, 2026. The decision is part of the Reserve Bank of India (Pre-payment Charges on Loans)
December 30, 2025: India’s real estate sector mobilised Rs 17,867 crore through 11 capital market transactions during the first nine months of FY26, according to a report released on Tuesday. The number of deals completed during this period already matches the total recorded in the entire FY25, indicating sustained investor
December 30, 2025: Authorities in the Mumbai Metropolitan Region (MMR) have expressed concern over continued road fatalities, with official data showing that an average of four lives were lost daily in road accidents during the first 11 months of the year. Figures from the state transport department indicate that 1,428
December 30, 2025: The Maharashtra Pollution Control Board (MPCB) has ordered the closure of a ready mix concrete (RMC) plant operating at the Mandale Metro project site in Mankhurd after finding multiple violations of air pollution control norms. The facility supplies concrete to the Metro Bhavan complex, which functions as
December 30, 2025: The Bombay High Court has ruled that stamp duty cannot be imposed on an agreement to lease by presuming an intention to create a lease at a future date when the document itself does not bring about a present transfer of property rights. The Court clarified that
December 29, 2025: The Navi Mumbai Municipal Corporation (NMMC) has served a notice to CIDCO over non-compliance with standard operating procedures (SOPs) at mass housing project construction sites within the city limits. This move is part of the civic body’s ongoing initiative to improve air quality in Navi Mumbai by
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