Kamathipura Redevelopment Inches Forward As MHADA Receives Two Bids

October 08, 2025: The long-stalled redevelopment of Kamathipura, one of South Mumbai’s oldest and most congested neighbourhoods, has finally advanced, with the Mumbai Building Repairs and Reconstruction Board (MBRRB) of MHADA receiving two bids for the project. J Kumar Infraprojects Limited and AATK Construction have submitted their proposals, marking the start of technical evaluations. Financial […]
Premium Redevelopment Project In Borivali Targets June 2026 Completion

October 7, 2025: Manglam Group has announced the launch of its flagship residential project, Manglam Rajanigandha, in Borivali (West), marking the developer’s debut in Mumbai’s growing redevelopment market. The project is being developed under Manglam & Karnani Ventures LLP and is slated for completion by June 2026. It involves an investment of ₹100 crore, with […]
MHADA Revises Premium And Payment Norms To Boost Redevelopment Of Mumbai’s Ageing Housing Societies

October 07, 2025: In a move aimed at making redevelopment projects across Mumbai more viable, the Maharashtra Housing and Area Development Authority (MHADA) has revised its 2007 redevelopment policy, easing both premium charges and payment terms for developers and housing societies. Under the updated policy, MHADA has modified the calculation of premiums for commercial floor […]
Mumbai Home Prices Dip 3% Amid National Surge — Is This The Right Time To Buy?

October 06, 2025: Mumbai’s real estate market, long known for its soaring prices, is showing the first signs of cooling. According to brokerage firm Phillip Capital, the average price of newly launched homes in Mumbai and Navi Mumbai declined by 3% year-on-year in FY2025, marking a rare drop in India’s costliest property market. While homebuyers […]
Stable Rates And Festive Buying Push Mumbai Property Registrations Higher

October 06, 2025: Mumbai’s residential property market witnessed a significant uptick during the ten days of Navratri (September 22–October 1, 2025), with 6,238 registrations recorded under BMC jurisdiction, marking a 20% rise over 5,199 registrations during the same period last year, according to a Knight Frank India report. The surge contributed to a 17% year-on-year […]
Motilal Nagar Redevelopment Kicks Off: MHADA And Adani Begin Work On Rs 36,000-Crore Goregaon Project

October 06, 2025: The long-awaited redevelopment of Motilal Nagar in Goregaon West, Mumbai, has officially begun, with soil testing work currently underway. Spread across 143 acres of prime land along the New Link Road, the project is Mumbai’s second-largest urban redevelopment initiative and aims to transform the area into a modern mixed-use township within seven […]
Mumbai Sees Sharp Rise In Property Registrations Amid Festive Season

October 01, 2025: Property registrations in the Mumbai municipal region saw a significant uptick last month, driven by festive season demand. According to Knight Frank India, citing Maharashtra government data, 12,070 properties were registered in the city under the Brihanmumbai Municipal Corporation, marking a 32% increase compared with 9,111 units recorded during the same period […]
Mahindra Lifespace To Undertake Two Redevelopment Projects In Chembur Worth Rs 1,700 Crore

September 25, 2025: Mahindra Lifespace Developers Limited (MLDL), the real estate and urban development arm of the Mahindra Group, has announced its selection for two major society redevelopment projects in Chembur, Mumbai. Together, the projects carry a combined development potential of nearly ₹1,700 crore, underscoring the growing momentum in Mumbai’s redevelopment market. The two societies […]
Mumbai’s Redevelopment Boom Reshaping City Skyline

September 24, 2025: Mumbai is witnessing one of the most ambitious urban redevelopment drives in its history, as ageing societies and cessed buildings across the city give way to modern high-rises offering safety, comfort and improved living standards. Redevelopment now contributes nearly 30–40% of new housing supply, with over 31,000 society projects sanctioned by the […]
Mumbai’s Redevelopment Boom Reshaping City Skyline

September 24, 2025: Mumbai is witnessing one of the most ambitious urban redevelopment drives in its history, as ageing societies and cessed buildings across the city give way to modern high-rises offering safety, comfort and improved living standards. Redevelopment now contributes nearly 30–40 % of new housing supply, with over 31,000 society projects sanctioned by […]