Mumbai Property News

India's furniture industry is increasingly embracing local sourcing to improve supply chain resilience, creating positive ripple effects for housing, commercial development, and interior demand across markets such as Mumbai.

The journey of Rizwan Sajan from Mumbai to building one of Dubai's leading real estate companies highlights the growing global influence of Indian entrepreneurship in the property sector.

A recent Income Tax Appellate Tribunal ruling granting tax relief in a Mumbai land sale case highlights the importance of compliance, documentation, and understanding capital gains provisions in real estate transactions.

Alibaug is witnessing growing interest from affluent homebuyers as demand for luxury second homes and coastal living rises, creating new opportunities across the Mumbai and Konkan real estate markets.

Top cricketers in India own luxury sea-facing homes in Mumbai, highlighting the city's premium coastal real estate.

The proposed Third Mumbai development has encountered strong opposition from local residents, farmers, and activists, with former judge and social activist B.G. Kolse Patil warning that the project could face significant resistance if concerns over land acquisition, rehabilitation, and livelihoods a

Both metro corridors and ring roads have emerged as major catalysts for real estate growth across India. While metro projects typically generate stronger appreciation in dense urban markets, ring roads often unlock larger development opportunities across suburban and emerging growth corridors.

HSBC has described the Dharavi Redevelopment Project as one of the largest and most complex real estate execution challenges in India, citing its massive scale, rehabilitation requirements, infrastructure integration, and long-term urban transformation potential.

A data-centre operator has bought a 3.5-acre plot in the TTC belt at Khairane, Navi Mumbai for about ₹282 crore, to build a new facility in one of India's fastest-growing data-centre corridors.

MHADA has begun the handover of 537 rehabilitation flats in Naigaon, part of a larger redevelopment project for BDD chawls.

The Adani-led Dharavi Redevelopment Project aims to transform one of Asia's largest informal settlements into a modern urban district featuring over 1.25 lakh homes, a multimodal transport hub, extensive public infrastructure, and significant new real estate development potential.

The Income Tax Appellate Tribunal (ITAT) has upheld tax relief on compensation received under a court-approved consent decree, reinforcing the principle that not all compensation receipts are automatically taxable under income tax laws.