Mumbai Sees Highest March Property Registrations In 14 Years, Generates Rs 1,492 Crore
Mumbai’s real estate market closed the financial year on a robust note, recording 15,516 property registrations in March 2026—the strongest March performance in the past 14 years. According to data from the Maharashtra Department of Registrations and Stamps, transactions within the Brihanmumbai Municipal Corporation limits generated over Rs 1,492 crore in stamp duty revenue during […]
Dr. Pankaj Bhoyar: Kamathipura Redevelopment Work Order In A Week, Work To Start Soon
The long-delayed Kamathipura cluster redevelopment project in Mumbai is finally moving forward, with Minister of State for Housing Dr. Pankaj Rajesh Bhoyar confirming that the work order will be issued within a week. Construction is expected to begin within the next two months, marking a significant milestone for one of South Mumbai’s largest redevelopment initiatives. […]
Maharashtra Govt Initiates Investigation Into Alleged Rs 1,000 Crore BMC Housing Scam
The Maharashtra government has initiated an inquiry into suspected irregularities in a housing project undertaken by the Brihanmumbai Municipal Corporation (BMC), with the potential financial implications estimated at around Rs 1,000 crore. The move follows increasing concerns over the project’s approvals, execution, and financial management. According to officials, the investigation will examine several critical aspects, […]
Mumbai Logs Best-Ever February Property Sales, Premium Homes Drive Growth
India’s most expensive real estate hub, Mumbai, has posted its strongest February performance on record, buoyed by consistent end-user demand and a rising share of high-value transactions. The surge highlights sustained buyer confidence amid stable macroeconomic conditions and ongoing infrastructure upgrades across the city. According to data from the Inspector General of Registration and Controller […]
Big-Ticket Andheri Redevelopment To Unlock Rs 1,775 Crore GDV
Mumbai-based real estate firm Keystone Realtors, also known as Rustomjee Group, has been selected to lead the redevelopment of eight housing societies in Andheri East, with an estimated revenue potential of Rs 1,775 crore. According to a regulatory filing, the project covers the Om Nagar Co-operative Housing Society Federation in Andheri (East) and spans a […]
Mumbai Residential Redevelopment Project Signals Steady Construction Momentum
Construction has begun on a new residential redevelopment project in the Mumbai Metropolitan Region, indicating continued activity in the city’s mid-scale housing segment despite cost pressures and mixed buyer sentiment. The project is expected to add over 200 residential units to Mumbai’s housing supply in the coming years. The development is being executed by a […]
Chhatrapati Shivaji Raje Complex In Kandivali Eyes Major Redevelopment For 3,488 Families
In one of Mumbai’s bigger proposed cluster redevelopment initiatives, 53 housing societies in Kandivali are exploring a joint plan to redevelop a 26-year-old residential complex built by the Maharashtra Housing and Area Development Authority (MHADA). The Chhatrapati Shivaji Raje Complex, constructed in 2000, is spread across 12 acres and comprises 53 societies housing 3,488 families, […]
Goregaon West Set For Rs 3,000-Crore Ultra-Luxury Residential Development
January 23, 2026: Sunteck Realty Limited is set to expand its Mumbai portfolio with an ultra-luxury residential project in Goregaon West, to be developed on a prime three-acre land parcel. The upcoming development carries an estimated gross development value of about Rs 3,000 crore, with an initial investment of nearly Rs 1,250 crore earmarked for […]
Parle-G’s Vile Parle Factory Set For Redevelopment As Commercial Hub After Environment Clearance
January 23, 2026: The familiar scent of Parle-G biscuits that once defined Mumbai’s Vile Parle neighbourhood faded in 2016. Nearly a decade later, the iconic Parle Products factory itself is preparing to make way for a new chapter, as plans move ahead to redevelop the historic manufacturing site into a large commercial complex. Parle Products […]
Mumbai Housing Society In Matunga To Undergo Redevelopment With Rs1,010 Crore Potential
December 4, 2025: Mahindra Lifespace Developers Ltd., the real estate arm of the Mahindra Group, has been selected as the preferred partner to redevelop a housing society in Matunga, Mumbai, aiming to generate Rs 1,010 crore in revenue from the sale of free area. In a regulatory filing on Wednesday, the company stated, “The project […]