Mumbai Property News

Raymond to Develop Rs. 5,000 Crore Residential Project in Wadala, Mumbai Raymond, through its fully-owned subsidiary Ten X Realty East, has signed a joint development agreement for a residential project in Wadala, M

India Office Space Leasing Hits Record 282 Lakh Sq Ft in Q4 FY25, Fueled by Global Capability Centres India's office market is experiencing exceptional growth, with leasing activity in the top eight cities rising by 74% in the January- Marc

BMC Considers Property Tax Hike as Collection Soars in FY 2024-25 The Brihanmumbai Municipal Corporation (BMC) is considering a property tax hike of 12.5-13% as part of its planned five-year revision. This wo

Runwal Enterprises Files DRHP for Rs. 1,000 Crore IPO, Plans Pre-IPO Placement Runwal Enterprises, a prominent real estate developer based in Mumbai, has filed its Draft Red Herring Prospectus (DRHP) with the Securities a

Thane Civic Body Surpasses Property Tax Collection Target with Rs 810 Crore for FY 2024-25 In a remarkable achievement, the Thane Municipal Corporation (TMC) has successfully collected Rs 810 crore in property tax for the fiscal

Maharashtra Government Increases Mumbai's Ready Reckoner Rates by 3.4% The Maharashtra government has revised the ready reckoner (RR) rates for property valuations, applicable for stamp duty and taxation, for the

MahaRERA Stops Hearing Homebuyer Complaints in NCLT Cases Homebuyers facing delays in their projects due to insolvency proceedings are encountering obstacles as MahaRERA has stopped hearing complaints

NSE to Convert HQ into Captive Data Center and Relocate to New Office in Mumbai The National Stock Exchange (NSE) plans to convert its iconic headquarters in Mumbai's Bandra-Kurla Complex (BKC) into a large captive dat

New Housing Supply in India’s Top-9 Cities Declines by 34% The new supply of housing properties in India's top-9 cities dropped by 34%, with 80,774 units launched

United Spirits Sells Property in Mumbai for Rs. 172 Crore United Spirits has announced the sale of a residential property in Mumbai's prestigious Malabar Hill for Rs. 172 crore. The transaction, w

Sunteck Realty Plans Investment of $10-20 Million in Sunteck Lifestyle International Sunteck Realty has approved an investment of approximately $10-20 million in Sunteck Lifestyle International (SLIPL)<

BMC Set to Meet Rs 6,200 Crore Property Tax Target for FY25 Mumbai’s civic body, the Brihanmumbai Municipal Corporation (BMC), is on track to meet its property tax target for the fina