Mumbai Property News

Mahim is emerging as a prime location in Mumbai, offering a blend of luxury, convenience, and connectivity. The latest development, Island Cove by L&T Realty, exemplifies this trend, positioning itself at the heart of the city and providing residents with direct access to key business hubs such a

Sumitomo Realty & Development Company, through its subsidiary Goisu Realty, has acquired a prime 2-acre land parcel in Mumbai's Worli locality from Bombay Realty, the property development arm of Bombay Dyeing & Manufacturing Company (BDMC), for Rs 440 crore. This acquisition is part of a larger a

The ongoing survey of informal tenants in Dharavi, Asia's largest slum, has garnered significant support from various non-governmental organizations (NGOs). These NGOs have accused non-locals of attempting to disrupt the $3 billion redevelopment project by spreading misinformation. The survey, le

The Raymond Group is gearing up to list its real estate vertical by July or August 2025, as part of a strategic demerger that will result in three independent listed entities: Real Estate, Lifestyle, and Engineering. This move is aimed at enhancing governance and growth strategies for each segmen

The recent remarks by the Chief of the Securities and Exchange Board of India (SEBI), Madhabi Puri Buch, have stirred discussions in the real estate investment community. During a CII-organized event, Buch refrained from commenting on Real Estate Investment Trusts (REITs) due to concerns over pot

The recent issuance of notices by authorities to recover Goods & Services Tax (GST) dues on the transfer of leasehold land has raised significant concerns within the real estate sector. This development has ignited a debate among industry stakeholders regarding the classification of such transact

Residents of Juhu Koliwada have expressed significant opposition to a proposed Slum Rehabilitation Authority (SRA) scheme for their area. They argue that the land is officially designated as Koliwada, a traditional fishing village, and therefore should not be subject to redevelopment under slum r

In a significant transaction in Mumbai's luxury real estate market, Bollywood actor and BJP MP Kangana Ranaut has sold her row house located in the upscale Pali Hill area for Rs 32 crore. This sale comes four years after the property was involved in a legal dispute with the Brihanmumbai Municipal

Bajaj Housing Finance's initial public offering (IPO) has garnered significant attention, achieving full subscription within hours of its opening on September 9. The IPO, valued at Rs 6,560 crore, received bids for 73.02 crore shares, surpassing the 72.75 crore shares available for subscription.

Hindalco Industries has confirmed the sale of a land parcel located in Kalwa, Maharashtra, to Ekamaya Properties Pvt Ltd, a subsidiary of Birla Estates Pvt Ltd, for Rs 595 crore. This transaction marks a significant step for Hindalco as it continues to streamline its operations and focus on its c

Sanofi India is preparing to sell its 150,000 sq ft headquarters located in the Powai locality of Mumbai. This decision is part of a larger strategy aimed at relocating and expanding its operations, particularly the Sanofi Consumer Healthcare division, which will be moving to a newly leased offic

The Bombay High Court has mandated that seven members of a housing society in Chakala, Andheri (East) must either vacate their flats within two weeks or face a penalty of Rs 5 lakh. This ruling comes in light of their actions, which have been deemed detrimental to the ongoing redevelopment of the