Mumbai Property News

ESR Group has successfully leased a significant industrial space to UPM Raflatac in Navi Mumbai, marking a notable development in the region's commercial real estate landscape. This 48,800 sq ft space is situated within the ESR Taloja Industrial & Logistics Park, a facility designed to cater to v

Nielsen Media has secured a significant office lease in Goregaon, a key commercial hub in Mumbai's western suburbs. The company has entered into a long-term agreement for over 152,000 sq ft of office space in the Oberoi Commerz III tower, which is part of the expansive Oberoi Garden City developm

Priyanjali Mariwala, associated with the Marico family, has made a significant investment in Mumbai's luxury real estate market by acquiring a lavish apartment in the Bandra-Kurla Complex (BKC) for Rs 65.25 crore. This purchase highlights the ongoing demand for high-end properties in one of Mumba

The Bombay High Court has recently ruled against providing any relief to 41 buildings in Vasai, located in the Palghar district. The court deemed these structures as "wholly illegal and unauthorized" since they were constructed on land designated for a sewage treatment plant and a dumping ground.

The Mumbai Metropolitan Region Development Authority (MMRDA) has successfully secured over Rs 850 crore from KfW, a German state-owned development bank, aimed at enhancing urban infrastructure within the Mumbai Metropolitan Region. This funding will be complemented by an additional contribution o

The Bombay High Court has expressed strong disapproval of the State government and the Slum Rehabilitation Authority (SRA) for their failure to resolve the stalled redevelopment project in Wadala (E). This project has left occupants without their promised permanent accommodation or transit rent s

The Bombay High Court has recently ruled that the Maharashtra government must reclaim 20 acres of land in Ghansoli, Navi Mumbai, which was originally designated for a sports complex. This ruling comes in response to the state's failure to develop the complex, which was intended to promote sports

ICICI Prudential Asset Management Company has made a significant move in the Mumbai commercial real estate market by acquiring an entire office tower in Santacruz for over Rs 315 crore. This acquisition from Kalpataru’s subsidiary, Ixora Properties, is part of the Kalpataru Infinia project and is

The Maharashtra Government has announced a revised completion timeline for the first phase of the Mumbai Metro 3 project, now set to be completed by the end of December 2024. This marks a shift from the previous target of September 2024. The first phase of this metro line will provide crucial con

The Bombay High Court has expressed strong disapproval of the Maharashtra government and the Slum Rehabilitation Authority (SRA) for their failure to promptly replace the developer of a stalled redevelopment project in Wadala (E). This criticism comes in light of ongoing issues faced by residents

The Municipal Corporation of Greater Mumbai (MCGM) has opted not to issue a stop work notice for Godrej Properties' residential project in Kandivali, despite concerns raised by the defence ministry's Central Ordnance Depot (COD) regarding the project's proximity to their complex. This decision al

Bollywood actor Abhishek Bachchan has made a noteworthy investment in Mumbai's real estate market by acquiring six premium apartments in the luxurious Oberoi Sky City located in Borivali East. The total transaction is valued at Rs 15.42 crores, reflecting the growing trend of high-net-worth indiv