Navi Mumbai Airport Secures Housing For Staff In Panvel Township
September 27, 2025: Navi Mumbai International Airport Limited (NMIAL) has finalised an arrangement with the Wadhwa Group to provide accommodation for airport staff and their families in Panvel, within the Mumbai Metropolitan Region. The agreement comes ahead of the airport’s long-awaited commencement of operations next month. As part of the deal, 405 ready-to-move-in flats at […]
Rental Housing Gets Priority In MMR As MHADA Prepares New Policy
September 19, 2025: The Maharashtra Housing and Area Development Authority (MHADA) is preparing to roll out an independent rental housing policy for the Mumbai Metropolitan Region (MMR), aimed at supporting the housing needs of economically weaker sections. According to officials, the draft policy will be ready within a month and presented before the MHADA authority […]
Vasai Emerges As A Self-Sustained Township Hub With Strong Infrastructure Push
September 3, 2025: Vasai is fast emerging as one of the most sought-after residential destinations in the Mumbai Metropolitan Region (MMR), driven by rapid infrastructure upgrades and the rise of integrated townships. Once seen as a peripheral suburb, Vasai has transformed into a vibrant urban hub offering a balanced “live-work-play” lifestyle that is increasingly attracting […]
HSBC Report Finds Residential Sales Hit 15-Year July High As Premium Homes Dominate
September 1, 2025: India’s residential property sector, which faced a downturn in FY25, is beginning to show signs of revival, according to HSBC Global Investment Research, citing data from Prop Equity. The market witnessed a sharp pick-up in recent months, with July 2025 marking the strongest sales for the month in 15 years. While the […]
Maharashtra To Redevelop Early Slum Rehabilitation Buildings Under New Housing Policy
Maharashtra Chief Minister Devendra Fadnavis has announced plans to redevelop slum rehabilitation buildings constructed during the early years of the slum redevelopment scheme, which have now deteriorated into vertical slums. The government will adopt a cluster redevelopment model, targeting multiple slums within the same ward through integrated planning. The slum redevelopment scheme, launched in 1997, […]
Raymond’s Ten X Realty Signs JDA For Residential Project In Wadala
Ten X Realty West Limited, a division of Raymond Limited, has signed a Joint Development Agreement (JDA) for a major residential project in Wadala, Mumbai. The company’s sixth significant collaborative development project outside of its current Thane projects, with an estimated Gross Development Value (GDV) of around Rs 5,000 crore, strengthens its strategic expansion within […]