Mumbai Property News

MahaRERA has taken significant steps to address non-compliance among developers by issuing notices related to 8,212 projects throughout Maharashtra. This initiative aims to hold builders accountable for failing to adhere to regulatory requirements concerning registration, project updates, and oth

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 Bombay High Court has recently ruled in favour of a homebuyer, ordering the Maharashtra government to refund ₹3 lakh in stamp duty. This decision highlights the rights of property buyers to reclaim stamp duty under eligible circumstances, particularly in cases where a refund is due after the

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 National Company Law Tribunal (NCLT) has recently approved a resolution plan that allows Pune-based Mantra Properties and Developers to take over a stalled residential project in Mulund, Mumbai. This decision brings much-needed relief to 234 homebuyers who have been anxiously awaiting possess

A significant transformation is occurring in Mumbai's real estate landscape, particularly within the slum-redevelopment sector. This development boom is characterized by the emergence of high-rise towers that are reshaping the city's skyline, especially in areas previously dominated by informal s

The Bombay High Court has mandated the demolition of a 16-storey building in Ulhasnagar due to significant violations of sanctioned plans and building regulations. This ruling highlights the court's strict stance against large unauthorized constructions within the Mumbai Metropolitan Region, rein

The Maharashtra Housing and Area Development Authority (MHADA) has announced a reduction in the prices of flats within its Vikhroli housing scheme by 7.5%. This decision comes in response to a lack of interest from potential buyers, with many units remaining unsold. The aim of this price adjustme

The government has introduced a new unified standard to replace the existing building code, which will significantly impact construction practices in Mumbai and across India. This revised framework aims to consolidate various fragmented rules and align construction practices with modern safety an

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 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

In April, Mumbai saw a significant uptick in property registrations, with over 13,800 transactions recorded. This figure, which reached 13,864, represents the strongest performance for the month in 14 years. The increase in registrations reflects a roughly 6 per cent rise compared to the same mon