Mumbai Property News

A one-acre sea-view parcel off Carter Road in Bandra West is moving towards luxury redevelopment, with an investment of around ₹1,000 crore planned.

Combined sales bookings of 28 listed developers declined to ₹39,964 crore in Q1 FY27, although a majority of developers still reported growth.

Worli recorded 97 luxury home transactions worth ₹2,272 crore in Q1 FY27, retaining its position at the top of Mumbai’s premium residential market.

Six premium commercial projects across Bandra, Khar and Santacruz West are being positioned as new business addresses within Mumbai’s established western suburbs.

Residents of The Imperial in Tardeo have received Supreme Court relief after earlier restrictions on additional construction within the luxury development were restored.

Singer Shaan and his wife have purchased three luxury apartments in Bandra West for nearly ₹48 crore, creating a residence spanning around 6,300 sq. ft.

The proposed redevelopment of a large 686-unit housing society in Kurla is under scrutiny following complaints from a section of residents.

Mumbai averaged around 16 registrations of homes priced at ₹5 crore and above every day during Q1 FY27, highlighting sustained luxury housing demand.

Maharashtra is accelerating deemed conveyance for around 67,000 societies, helping residents secure clearer ownership rights over their properties.

Cooperative housing societies can again access state-owned land under a revised auction and 30-year lease framework.

Residents of 4,338 flats in Taloja Phase 2 are facing water supply problems, highlighting an important liveability issue for tenants and residents.

Four new redevelopment projects across Malad, Kandivali and Borivali could introduce around 15 lakh sq ft of saleable residential inventory.