Mumbai Property News

BMC has announced a budget of ₹74,427 crore for 2025-26, reflecting a 14.19% increase from last year.

The redevelopment of Kamalistan Film Studio into Mumbai's largest commercial office park is a landmark development in the city's real estate and commercial infrastructure. Located on the Jogeshwari-Vikhroli Link Road (JVLR), this iconic 25-acre property w

Adani Realty's Bold Plans to Transform Mumbai's Real Estate LandscapeAdani Realty, the real estate arm of the Adani Group, is taking a significant leap in reshaping Mumbai’s urban development, with plans to deliver 6-8 million square feet of residential, commerci

The first phase of Mumbai's underground Metro Line 3, also known as the aqua line, is expected to be commissioned soon, pending safety clearance from the Commissioner of Metro Railway Safety (CMRS). The initial 12.5 km stretch will run between Aarey Colony and the Bandra-Kurla Complex (BKC)

The Mumbai Metropolitan Region Development Authority (MMRDA) has secured over Rs 850 crore from the German state-owned development bank KfW to bolster urban infrastructure development in and around the Mumbai Metropolitan Region. Additionally, MMRDA will contribute approximately Rs 365 crore fr

The Maharashtra Government has decided to expedite the completion of the first phase of Mumbai Metro 3 by the end of December 2024, shifting the deadline from the earlier target of September 2024. This phase will connect SEEPZ (Santacruz Electronics Export Processing Zone) to Bandra Kurla Complex. I

Struggling infrastructure lender IL&FS has submitted a new application to the Mumbai Metropolitan Region Development Authority (MMRDA) seeking approval for the transfer of its headquarters, a renowned 10-story property located in Mumbai's Bandra-Kurla Complex (BKC), to global institutio

The Maharashtra government is aiming to enhance the usage of Metro and monorail services by introducing a new Regulation 33(23) focused on transit-oriented development (TOD) zones within the city's Development Control and Promotion Regulations - 2034. These TOD zones will be established wit

On Sunday, Maharashtra Chief Minister Eknath Shinde inaugurated the foundation laying for Metro Line 12, a significant infrastructure development connecting Kalyan with Taloja in Navi Mumbai. This extension is part of the larger Metro Line-5 project (Thane-Bhiwandi-Kalyan) and aims to enhance c

Several ongoing and upcoming infrastructure projects in Mumbai are poised to significantly impact the city's real estate landscape in the immediate future. Here are some key highlights: 1. Metro Network Expansion: Mumbai's ambitious metro network expan

The Coastal Road from Marine Drive to Bandra East is expected to have a significant impact on real estate prices in Mumbai, both positive and negative.Positive impacts: Increased demand: The improved connectivity and reduced travel time are ex

Mumbai has experienced a significant surge in data center infrastructure, leading to its newfound reputation as the "city of data centers." This growth not only impacts the technology sector but also has far-reaching effects on the real estate industry and employment oppo