Mumbai Property News

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Maharashtra approves handover of three plots for Mula-Mutha...
๐Ÿท๏ธ Market News
Maharashtra approves handover of three plots for Mula-Mutha...
๐Ÿ“… 16 May 2026

The Maharashtra government has recently approved the handover of three plots essential for the Mula-Mutha river project. This decision facilitates the necessary land acquisition for the riverfront and rejuvenation initiative, enabling work to progress on the designated parcels. The Mula-Mu

NABARD buys leasehold rights for commercial complex in Mumbai from...
๐Ÿท๏ธ Commercial
NABARD buys leasehold rights for commercial complex in Mumbai from...
๐Ÿ“… 16 May 2026

NABARD has recently acquired the leasehold rights for a commercial complex in Mumbai, marking a significant expansion of its real estate presence in the city. This acquisition allows the development financial institution to gain control over the office property, which will be utilized for its ope

Godrej family buys two apartments in Mumbai's Worli for โ‚น294 crore
๐Ÿท๏ธ Market News
Godrej family buys two apartments in Mumbai's Worli for โ‚น294 crore
๐Ÿ“… 16 May 2026

In a significant development in Mumbai's luxury real estate market, a member of the Godrej family has acquired two sea-facing apartments in Worli for a total of โ‚น294 crore. This transaction ranks among the highest-value residential deals in India, underscoring the ongoing demand for premium prope

Experts, homebuyers welcome replacement of jail term provision in...
๐Ÿท๏ธ RERA & Legal
Experts, homebuyers welcome replacement of jail term provision in...
๐Ÿ“… 15 May 2026

The recent amendment to housing law, which replaces the provision for jail terms with monetary penalties, has been positively received by both experts and homebuyers. This change is viewed as a more balanced approach to enforcement, aimed at fostering a healthier environment for real estate devel

MMRDA receives three bids to prepare Mumbai metro 14 DPR
๐Ÿท๏ธ Infrastructure
MMRDA receives three bids to prepare Mumbai metro 14 DPR
๐Ÿ“… 14 May 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has received three bids for preparing the detailed project report (DPR) for the proposed Mumbai Metro Line 14. This line is set to connect Kanjurmarg and Badlapur, serving as a significant east-west suburban connector in the region.

NSE inks 80-year lease with MMRDA for 2.7-acre BKC land for โ‚น1,684...
๐Ÿท๏ธ Market News
NSE inks 80-year lease with MMRDA for 2.7-acre BKC land for โ‚น1,684...
๐Ÿ“… 13 May 2026

The National Stock Exchange (NSE) has secured an 80-year lease for 2.7 acres of land in the Bandra-Kurla Complex (BKC), a key business district in Mumbai. This significant transaction involves a total premium of โ‚น1,684 crore and encompasses two amalgamated plots in BKC's G Block, covering approxi

Maharashtra to digitise registration records from 1865; nearly 30...
๐Ÿท๏ธ Market Trends
Maharashtra to digitise registration records from 1865; nearly 30...
๐Ÿ“… 12 May 2026

Maharashtra is embarking on a significant initiative to digitise property registration records that date back to 1865. This ambitious project aims to convert nearly 30 crore documents into searchable electronic formats, marking one of the largest record-digitisation drives in the state. The trans

Civic body proposes township over 69 acres in Airoli, Navi Mumbai
๐Ÿท๏ธ Market News
Civic body proposes township over 69 acres in Airoli, Navi Mumbai
๐Ÿ“… 12 May 2026

A civic body has put forth a proposal to develop a township over 69 acres in Airoli, Navi Mumbai. This initiative is aimed at creating a well-planned residential and mixed-use development on this significant land parcel, which is expected to enhance the living standards and infrastructure in the

Fresh 39A proposals seek conversion of over 25,000 sq meters in...
๐Ÿท๏ธ Market News
Fresh 39A proposals seek conversion of over 25,000 sq meters in...
๐Ÿ“… 11 May 2026

Recent proposals under the 39A provision are aiming to convert over 25,000 square metres of land in Mumbai, highlighting a renewed interest in development for these specific parcels. This move indicates that developers and landowners are actively seeking to unlock the potential value of their pro

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