Mumbai Property News

The Reserve Bank of India has formally permitted banks to lend directly to SEBI-registered REITs and InvITs, opening a new funding channel for India's real estate and infrastructure sectors. However, the regulator has introduced strict exposure limits and asset-quality requirements to manage financi

The Maharashtra government has signed an MoU with Cleveland Clinic, Brookfield Asset Management, and Arodhan Health City to develop the $1.2 billion Navi Mumbai International MediCity. Spread across 250 acres, the project aims to create a world-class healthcare, research, education, and innovation e

Mumbai's land-starved property market is being reshaped by large-scale redevelopment, with the iconic Dhobi Ghat precinct in Mahalaxmi emerging as the most striking example. Slum rehabilitation towers and luxury high-rises are rising side by side, unlocking prime South Mumbai land and redefining the

The Mumbai Suburban Collector's office has razed around 220 unauthorised godowns occupying a 14-acre government plot along the Ghatkopar-Mankhurd Link Road. The action is part of an intensifying anti-encroachment campaign that has already freed large tracts of public land in the eastern suburbs this

A consortium led by Reliance 4IR Realty Development has secured the redevelopment rights for the 101.36-acre Juhu Lane–Gilbert Hill slum cluster in Andheri West. The project is among Mumbai's largest slum redevelopment initiatives and the first major scheme to move forward under Maharashtra's new cl

India is expected to witness a record delivery of over 5.4 lakh housing units in 2026, the highest in a decade. However, escalating tensions and conflict in West Asia could disrupt supply chains, raise construction costs, and delay project execution across major residential markets.

A citywide water tanker strike disrupted railway operations, exposed severe water shortages in parts of Mumbai including Dadar, and highlighted the city's growing dependence on private tanker supplies. Relief is expected after the strike was called off following government intervention.

Oberoi Realty has paid the first tranche of ₹247.5 crore for the lease of an 11-acre railway land parcel in Bandra East and has formed a dedicated special purpose vehicle (SPV) to execute the project. The site, secured through a ₹5,400 crore bid, is among the most significant land acquisitions in Mu

The Maharashtra government has delegated key land approval powers to district collectors and divisional commissioners, a move aimed at reducing bureaucratic delays, speeding up redevelopment and infrastructure projects, and improving ease of doing business across the state.

Artificial intelligence is rapidly becoming a decisive factor in how capital is allocated within India's real estate sector. As institutional investors increasingly rely on data-driven decision-making, developers with strong digital infrastructure and AI capabilities are gaining a significant advant

DLF is preparing to launch the second phase of its flagship Mumbai project, The Westpark in Andheri West, adding more than 8 lakh square feet of residential inventory this fiscal year. The move follows the successful sellout of Phase 1, which generated sales bookings of approximately ₹2,300 crore.

The Bombay High Court has refused eviction relief to a landlord after the tenant purchased a 50% share in the disputed property from a co-owner during the pendency of the case, fundamentally altering the legal relationship between the parties.