Mumbai Property News

The Reserve Bank of India has opened a special dollar-rupee swap window for fresh FCNR(B) deposits, allowing banks to offer NRIs potentially higher returns of around 5.5% to 7% on dollar deposits while reducing currency-hedging costs.

The Reserve Bank of India has kept the repo rate unchanged at 5.25%, providing stability for homebuyers, developers, and lenders while supporting continued momentum in the housing market. Inflation has eased below the RBI's target, allowing policymakers to maintain a balanced approach.

MMRDA has initiated land acquisition for the proposed Third Mumbai project, an ambitious urban development planned around the Navi Mumbai International Airport that aims to create a major new residential, commercial, and infrastructure hub.

The Mumbai Metropolitan Region emerged as India's most active land acquisition market in 2025, recording around 32 major deals and reinforcing confidence in the region's long-term real estate growth.