Re-mumbai

Navi Mumbai Airport Fuels Property Boom, But Experts Urge Caution

November 05, 2025: The upcoming Navi Mumbai International Airport is already reshaping the region’s real estate landscape, driving rapid growth across nearby areas such as Panvel, Ulwe, and Kharghar. Much like how neighbourhoods surrounding Mumbai’s current airport—Vile Parle, Marol, Andheri, and Juhu—have historically commanded premium prices, a similar pattern is unfolding in Navi Mumbai. The […]

MMRDA To Adopt CIDCO And MIDC Land Acquisition Models For Third Mumbai Development

October 24, 2025: The Mumbai Metropolitan Region Development Authority (MMRDA) is set to replicate the land acquisition frameworks used by the City and Industrial Development Corporation (CIDCO) and Maharashtra Industrial Development Corporation (MIDC) for the proposed Third Mumbai, officially known as the Karnala-Sai-Chirner (KSC) New Town. The project, spread across 323.44 sq km, will cover […]

SC Rules Land Cannot Be Taken Without First Extinguishing Owner’s Rehabilitation Rights

August 25, 2025: The Supreme Court has ruled that landowners enjoy a preferential right to redevelop their property under the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971, before the State or the Slum Rehabilitation Authority (SRA) can intervene. The judgment came in a dispute concerning a parcel of land in Kurla, Mumbai, owned […]

K Raheja Corp Strengthens Footprint With Rs 466 Crore Kandivali Land Acquisition

According to property registration documents obtained by CRE Matrix, Mumbai-based K Raheja Corp has agreed to pay Rs 466 crore for 5.75 acres of land in the Kandivali neighbourhood of Mumbai. Market reports claim that K Raheja Corp intends to use the land piece for the development of a residential complex. The developer purchased the […]

Reliance Expands Footprint In Navi Mumbai With Rs 2,200 Crore Land Acquisition

For Rs 2,200 crore, Reliance Industries Ltd. (RIL) made a historic acquisition of more than 5,286 acres of valuable industrial land that is ideally located close to the Mumbai Trans Harbour Link (MTHL) project, Jawaharlal Nehru Port Trust (JNPT), and Navi Mumbai International Airport. RIL’s industrial footprint has significantly expanded with this transaction, which is […]