Mumbai Property News

MahaRERA's recent circular 50/2025 introduces significant changes to the processes surrounding booking cancellations in the real estate sector. This new framework aims to resolve the long-standing deadlocks between homebuyers and developers, providing a clearer path for handling cancellations, re

Mahindra Lifespace Developers has reported a significant profit of ₹298.17 crore for the financial year 2025-26, marking a substantial increase from ₹61.35 crore in the previous year. This impressive growth can be attributed to strong residential pre-sales and enhanced project execution across it

A group of dissenting members from the Taximen's Colony cooperative housing society in Mumbai has raised concerns regarding the recent special general meeting (SGM) that approved the redevelopment of their colony. The members are demanding a comprehensive report on the proceedings of the meeting,

The Maharashtra government is on the verge of acquiring the iconic Air India Building located at Nariman Point in Mumbai for Rs 1,601 crore. This acquisition marks a significant milestone in a lengthy pursuit of the prominent waterfront tower, which is set to enhance the state's administrative ca

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

Meghna Infracon has announced plans to invest up to ₹500 crore in five residential and redevelopment projects across Mumbai. This investment marks a significant move as the developer aims to expand its presence in the city's competitive housing market. Focus on Residential and Redevelopm

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.

In a first-of-its-kind enforcement action, the Slum Rehabilitation Authority (SRA) has begun freezing the saleable flats of defaulting developers to recover pending dues owed to residents displaced by redevelopment projects.