Knight Frank: Mumbai Real Estate Sees 11% Sales Surge In 2024
According to a Knight Frank India analysis, the residential real estate market in Mumbai saw an 11% increase in property sales in 2024, particularly luxury residences in the Rs 5 to Rs 10 crore and Rs 20 to Rs 50 crore price range. In 2024, 96,187 housing units were sold overall, an 11% increase over […]
Mumbai’s SCLR Extension To Transform East-West Connectivity By 2025
With the completion of two important projects—the Santacruz-Chembur Link Road (SCLR) extension and the widening of Hans Bhugra Road—Mumbai’s infrastructure is expected to undergo a significant upgrade. The Defence Ministry has received Rs 16 crore from the Brihanmumbai Municipal Corporation (BMC) to purchase property for the widening of Hans Bhugra Road, which will connect Kalina […]
Liases Foras: Infrastructure Boosts Propel Airoli’s Real Estate Growth: 1.85 Lakh Units By 2030
According to a report by the real estate consulting firm Liases Foras, the yearly housing stock in the neighbourhood of Navi Mumbai’s Airoli is predicted to surpass 1.85 lakh units by 2030, indicating that infrastructure initiatives in the Navi Mumbai area are propelling the residential real estate market in the area. According to the survey, […]
NMMC Commissioner: Navi Mumbai Aims to Be Slum-Free by 2030
In an interview with Siddhant Konduskar, Commissioner Dr. Kailas Shinde of the Navi Mumbai Municipal Corporation (NMMC) discusses his goals to improve the city’s quality of life, expanding population, and future development. Dr. Shinde lists important projects meant to strengthen Navi Mumbai’s liveability and preparedness for upcoming difficulties, emphasizing governance, sustainability, and infrastructure. Navi Mumbai […]
How Mega Projects are Transforming Urban Living in Mumbai
Mumbai has evolved into a canvas of opportunities, dreams, and unmatched growth and progress, surpassing its status as India’s financial hub. Its quick growth has exceeded issues with infrastructure, transportation, and population density. The Mumbai Coastal Road is a groundbreaking initiative that has the potential to completely revolutionise urban living and provides a window into […]
Eastern Suburbs Shine as a Top Real Estate Investment Hub
Significant improvements in infrastructure and communication have made Mumbai’s Eastern Suburbs one of the most sought-after investment destinations in the city. Real estate executives emphasise how these changes are revolutionary and have attracted both investors and homebuyers to the area. The eastern suburbs are strategically located, according to Dr. Niranjan Hiranandani, Chairman of NAREDCO, who […]
Mumbai Coastal Road Expansion: Paving The Way For Future Growth
Mumbai, renowned for its bustling lifestyle and traffic congestion, is poised for a transformative development. On November 13, 2024, Maharashtra Deputy Chief Minister Devendra Fadnavis revealed an ambitious plan to extend the Mumbai Coastal Road to Virar in Palghar district. This project is set to ease traffic congestion and redefine Mumbai and its neighboring regions. […]
PM Modi’s Mumbai Visit Likely to Boost Infrastructure in MMR and Navi Mumbai
On October 5, 2024, Prime Minister Narendra Modi is expected to inaugurate several major infrastructure projects across Thane, Navi Mumbai, and the Mumbai Metropolitan Region (MMR) during his visit to Mumbai. Although the visit hasn’t been officially confirmed, it is anticipated to play a key role in advancing the region’s development. The projects aim to […]
The State Government’s Housing Policy for PAPs is welcomed by CREDAI-MCHI
The state cabinet approved a policy requiring the provision of flats to people displaced by ongoing infrastructure projects during its meeting on Wednesday, marking a significant step toward resolving the housing needs of Project-Affected Persons (PAPs). CREDAI-MCHI, the leading association of real estate developers in the Mumbai Metropolitan Region (MMR), has praised and supported this […]
BKC Development: MMRDA Offers Discounted Rates Lasting For One Year
With the purpose to boost development of remaining plots in the E and G blocks, the Mumbai Metropolitan Region Development Authority (MMRDA) has offered a special promotional rate for additional built-up area (BUA) at the International Finance and Business Centre (IFBC) in Bandra Kurla Complex (BKC). The subsidised rates by MMRDA will be available for […]