Mumbai Property News

Mumbai's housing affordability has improved, with the affordability index reaching around 50%. While the city remains one of India's most expensive property markets, improving affordability is expanding homeownership opportunities for buyers.

Mumbai has served stop-work notices to more than 1,000 construction sites for allegedly violating dust and pollution control regulations, highlighting stricter enforcement of environmental compliance across the city's real estate and infrastructure sectors.

RMZ has announced plans to invest up to $30 billion in the Mumbai region over the next 10 years, highlighting strong confidence in the city's long-term real estate and economic growth potential.

Embassy Developments plans to invest approximately ₹4,500 crore in Mumbai, highlighting growing confidence in the city's real estate sector and future development opportunities.

L&T Realty has acquired a land parcel in Mumbai's Lower Parel for approximately ₹448.6 crore, signaling continued developer confidence in one of the city's most sought-after real estate markets.

The Bombay High Court has halted the demolition of homes in a Mumbai chawl, providing temporary relief to residents while legal and rehabilitation-related issues are examined.

Leena Gandhi Tewari, chairperson of pharmaceutical giant USV Ltd, has acquired two ultra-luxury sea-facing duplex apartments in Mumbai's Worli for ₹639 crore, creating the most expensive residential property transaction ever recorded in India. The landmark deal underlines the continued strength of M