Mumbai Real Estate Hits 13-Year Peak In Property Deals This April
In April 2025, property registrations inside the boundaries of the Brihanmumbai Municipal Corporation (BMC) achieved a 13-year high, indicating a significant milestone in Mumbai’s real estate market, which is a witness to growing demand and people’s desire to purchase a home. Mumbai saw 12,142 property registrations last month, up 4% from April 2024, according to […]
Mhada Plans Redevelopment Of 13,000 Cessed Buildings In Mumbai
About 13,000 properties in Mumbai are scheduled to be redeveloped by the Maharashtra Housing and Area Development Authority (Mhada), primarily in the upscale South Mumbai micromarket. In accordance with the Maharashtra government’s 100-day action plan, Mhada wants to finish structural audits for 1,000 cessed buildings by the end of March. Cessed buildings, primarily located in […]
Why Mulund Is Becoming Central Mumbai’s Prime Residential Destination
The core suburbs of Mumbai have long been associated with growing residential developments, open areas, and first-rate connections. According to Knight Frank, the Central Suburbs saw the biggest increase in property registrations in December 2024, rising from 29% to 33%. A spike in supply and increased end-user demand in certain areas are the causes of […]
Developers to Pay More than Rs.700 Crore Rent to SRA for Slum Dwellers
More than Rs 700 crore in rent was gathered from developers by the Slum Rehabilitation Authority (SRA) to be given to the residents of slums that were chosen for reconstruction between August 2023 and July 2024. According to SRA authorities, the funds were obtained for 192 slum rehabilitation projects and will be paid as rent […]
Bombay High Court Orders Society Members to Pay Rs 5 Lakhs or Vacate Property for Redevelopment
The Bombay High Court has directed seven members of a housing society to pay a total of Rs 5 lakhs if they do not vacate their flats within two weeks. These members’ refusal to leave their flats in the Taruvel CHSL building in Chakala, Andheri (East), has the potential to disrupt the building’s redevelopment. DEM […]
Mumbai Metro lines 2A and 7 record 100 million riders combined
Since opening, the elevated Mumbai Metro Lines 2A and 7 have seen a total of 100 million riders. The Mumbai Metropolitan Region Development Authority (MMRDA), which is in charge of running and maintaining these metro lines, claims that the 100 million ridership threshold shows how popular these services are becoming even though they have only […]