Mumbai Property News

MHADA has successfully reclaimed an eight-acre plot in Juhu after a lengthy legal battle.

BMC has attached 18 buildings in Chandivli to recover ₹179 crore in tax arrears from DBS Realty.

Around 10,000 housing societies in Maharashtra are seeking a single-window clearance for self-redevelopment of buildings over 30 years old.

The Maharashtra government is considering a 10% increase in Ready Reckoner rates from April 1, 2025, which will affect property transactions.

BMC aims to generate ₹350 crore by taxing commercial establishments in slums for the 2025-26 fiscal year.

What is FSI?FSI (Floor Space Index) is a critical parameter in real estate development, representing the ratio of the total built-up area to the size of the plot. For example, an FSI of 2 means that the total built-up area can be twice the size of the pl

The recent toll waiver for light motor vehicles at key entry points into Mumbai is a significant move by the Maharashtra government aimed at benefiting daily commuters and reducing traffic congestion. Here are the key takeaways:Toll Waiver Details:The t

The real estate sector is grappling with fresh concerns as authorities issue notices to recover Goods & Services Tax (GST) dues on the transfer of leasehold land. This development has sparked debate among industry stakeholders, as it could significantly affect future transactions and the ov

In preparation for the upcoming monsoon season, the Brihanmumbai Municipal Corporation (BMC) announced on Tuesday a list of 188 residential buildings deemed "very dangerous" and "dilapidated." The BMC has urged residents of these buildings to relocate to safer areas as a pre

The BMC has set a revised target of Rs 4,500 crores for property tax collection in the fiscal year 2023-24. As of now, the civic body has collected Rs 3,905 crores. Municipal Commissioner Bhushan Gagrani has instructed the civic administration to expedite the auctioning process of seized assets

Translated VersionRevenue and Forest Department/M-1 (Policy)Draft Minutes of Cabinet MeetingSubject: Regarding the Implementation of "Maharashtra Stamp Duty Abhay Yojana 2023" in the State of Mahara

Maharashtra Cabinet Introduces Stamp Duty Abhay Yojana 2023 to Boost RevenueIn a bid to enhance revenue and provide relief to citizens, the Maharashtra cabinet has unveiled the Stamp Duty Abhay Yojana (Amnesty Scheme) 2023. This initiative, announced on November 29, comes as