Mumbai Property News

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

A recent ruling has established that both landowners and developers share equal accountability for delays in real estate projects. This decision expands the scope of liability, ensuring that landowners cannot evade responsibility for lapses in project delivery. This is particularly relevant in th

A proposal to introduce vertical property cards has resurfaced in discussions with the Maharashtra government. This initiative aims to establish a clear, floor-wise record of ownership for multi-storey buildings, which is particularly relevant in a high-rise-dominated city like Mumbai. U

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 Maharashtra Housing and Area Development Authority (MHADA) has taken a significant step in the development of affordable housing by issuing a letter of acceptance to a consortium selected for a large-scale project spanning 33 acres. This formal acceptance marks the transition from the bidding

The real estate regulator has issued a directive aimed at ensuring that developers maintain realistic standards in their advertising practices. This advisory is particularly focused on preventing misleading or exaggerated claims about various aspects of real estate projects, including amenities,

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

McKinsey has renewed its lease for 35,520 square feet of office space in the Bandra-Kurla Complex (BKC), a prominent commercial hub in Mumbai. This renewal highlights the ongoing demand for premium office spaces in one of the city's most sought-after districts. BKC continues to attract global con

Mahindra Lifespaces and the Sattva Group have recently launched new residential projects, marking a significant expansion of their housing offerings. This move comes in response to sustained buyer demand in the market, allowing both developers to add fresh inventory to their pipelines across vari

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

Raymond Realty has reported a net profit of ₹304.59 crore for the financial year 2025-26, marking a significant milestone as it is the first full year since the company became an independently listed entity following its demerger. This performance highlights the company's successful transition an

Godrej Properties has reported a significant increase in its consolidated net profit for the financial year 2025-26, marking a 32.49% rise compared to the previous year. The profit after tax reached Rs 1,840.66 crore, up from Rs 1,389.23 crore in the prior financial year. This impressive growth i