Thane Vs South Mumbai: A 2025 Guide For Homebuyers
September 9, 2025: Buying a home in Mumbai has never been easy, given the city’s reputation for high property prices. In 2025, however, a growing number of families are asking an important question: should they continue to aspire for a flat in South Mumbai, or should they turn their attention to Thane? The answer may […]
GST Rate Cut On Cement Welcomed By Developers, But Homebuyers Unlikely To Benefit
September 5, 2025: The real estate industry has broadly welcomed the Goods and Services Tax (GST) Council’s decision to slash tax rates on key construction inputs, though experts caution the move will not ease home prices for buyers. At its meeting on Wednesday, the Council announced that GST on cement has been reduced from 28% […]
BMC Scraps 21 Slum Redevelopment Schemes, Relaunches 26 Projects
September 4, 2025: The Brihanmumbai Municipal Corporation (BMC) is pushing ahead with stalled slum redevelopment schemes, though progress remains mixed. Of the 63 schemes transferred to the civic body, 47 were earmarked for immediate implementation. However, only 21 have received concrete responses from developers, while 26 projects attracted little to no interest. According to officials, […]
Nearly 1 Lakh Properties Registered In Mumbai This Year Amid Soaring Luxury Demand
September 4, 2025: Mumbai’s property market continues to display resilience in 2025, nearing the milestone of one lakh registrations within just eight months. According to Knight Frank India, the city recorded 11,230 property registrations in August under the Brihanmumbai Municipal Corporation (BMC) limits. While this represented a 3% year-on-year decline and an 11% drop month-on-month, […]
Over 50% Of BMC’s Proposed SRA Schemes Yet To Take Off
August 25, 2025: Of the 64 Slum Rehabilitation Authority (SRA) schemes planned on land owned by the Brihanmumbai Municipal Corporation (BMC), only 29 are currently set to progress. The projects fall under DCPR-2034 Regulation 33(10), which empowers the civic body to act as a special planning authority for redevelopment of slums situated on its plots. […]
Mumbai Homebuyers Face Rising Prices As Construction Costs Climb
August 19, 2025: Mumbai has emerged as the costliest market for real estate construction in India, with luxury housing construction costs crossing Rs 5,000 per sq. ft—far higher than cities such as Kolkata, where budget housing begins at Rs 1,500 per sq. ft. Data shows that the average construction cost of residential projects across India […]
SRA Pushes Redevelopment Drive As It Targets 5 Lakh Homes Planned For Slum Dwellers
August 16, 2025: With a slum-free Mumbai still an unfulfilled aspiration, the Slum Rehabilitation Authority (SRA) has set up a dedicated Project Implementation Unit (PIU) with the ambitious goal of delivering over five lakh homes to slum residents within the next five years. This target is more than double the total of 2.75 lakh houses […]
CM Fadnavis Bats For Global-Scale Construction Tech To Fast-Track Mumbai Redevelopment
August 15, 2025: Mumbai’s real estate sector received a strong push for faster, technology-led redevelopment from Maharashtra Chief Minister Devendra Fadnavis, who called for global best practices to transform the city’s urban landscape. Speaking at the Change of Guard ceremony of CREDAI-MCHI at Jio World Convention Centre, Fadnavis emphasised that Mumbai’s redevelopment vision must match […]
From Andheri To Virar: The Rise Of Mumbai’s New Affordable Housing Corridors
August 5, 2025: The western suburban stretch of Mumbai has long attracted homebuyers and property investors, with areas like Andheri, Goregaon, and Malad dominating the market due to abundant inventory. However, with rising prices and saturation in these traditional real estate zones, attention has now shifted further north towards emerging micro-markets such as Kandivali, Borivali, […]
Mumbai Real Estate Remains Resilient In July Amid Strong Demand, Infrastructure Push
August 1, 2025: Mumbai, India’s largest and most expensive property market, maintained a steady performance in July, supported by strong end-user demand and a growing inclination towards larger, premium homes. The city’s ongoing infrastructure development and stable interest levels have helped sustain momentum, even after the hike in property prices and ready reckoner rates implemented […]