Mumbai Property News

Recent proposals under the 39A provision are aiming to convert over 25,000 square metres of land in Mumbai, highlighting a renewed interest in development for these specific parcels. This move indicates that developers and landowners are actively seeking to unlock the potential value of their pro

Four entities associated with the Indiabulls Real Estate case have collectively paid ₹10.5 crore to the Securities and Exchange Board of India (SEBI) to settle ongoing proceedings. This payment allows them to resolve the case without admitting or denying the findings, in accordance with SEBI's se

An Arisinfra subsidiary has secured a ₹650 crore Drywall-as-a-Service (DaaS) contract for a project by Wadhwa, marking a significant development in the construction materials and services sector. This contract encompasses the supply and execution of drywall systems, which are essential for interi

Housing societies in Mumbai have received a significant boost with a new provision that allows them to expand their leisure and recreational facilities without these expansions counting against their floor space index (FSI). This development is set to enhance the quality of living in residential

The real estate sector in Mumbai is currently facing significant challenges due to a combination of labour shortages and rising input costs. These factors are causing delays in construction timelines and putting pressure on developer profit margins, leading to a slowdown in project deliveries.</p

The Bombay High Court has recently upheld the title of a subsidiary of Valor Estate over approximately 205 acres of land in the Mumbai region. This ruling concludes a legal dispute that has persisted for about four decades, providing clarity and security regarding the ownership of this significan

The Brihanmumbai Municipal Corporation (BMC) has commenced the integration of a 3D digital model of Mumbai with its civic systems. This initiative represents a significant step towards data-driven urban planning and governance, aimed at enhancing the management of the city's complex built environ

The Bombay High Court has recently become involved in a legal dispute between Decathlon and Godrej concerning a prime leased property in Chembur, Mumbai. This case revolves around the terms of the lease and the possession of the commercial space, which is situated in a highly sought-after locatio

Recent developments have highlighted a significant delay in mandatory lift safety inspections across the Pune and Mumbai divisions. This backlog has raised concerns, especially in light of recent elevator mishaps that have underscored the importance of compliance with safety regulations. <h3

The Brihanmumbai Municipal Corporation (BMC) has approved a significant proposal that will allow high-rise constructions on plots located along roads narrower than nine metres. This decision is a response to the long-standing demands of developers who are engaged in redevelopment projects in Mumb

The BMC is set to implement a real-time tracking system for construction and demolition waste across Mumbai, aiming to improve environmental compliance, curb illegal dumping, and enhance accountability within the city's fast-growing construction sector.

Four bidders are reportedly in the race for a prime BMC-owned land parcel in Lower Parel valued at around ₹1,348 crore, highlighting strong demand for premium development opportunities in central Mumbai.