Category: INDIA / WORLD

Pranav Constructions IPO Puts Mumbai’s Redevelopment Market In Focus

September 17, 2026

The developer’s September 15 listing comes as redevelopment becomes an increasingly important way of creating new housing within Mumbai’s established neighbourhoods. MUMBAI: Mumbai’s redevelopment market is gaining a new dimension as developers with large pipelines of society redevelopment projects increasingly build businesses around the transformation of the city’s ageing housing stock. The latest example is […]

Pranav Constructions IPO Puts Mumbai’s Redevelopment Market In Focusmore

Bombay HC Sets Aside ₹52.61 Crore Property Valuation in Stamp Duty Dispute

Mumbai, September 17, 2026: The Bombay High Court has set aside a ₹52.61-crore property valuation that led to a ₹2.03-crore stamp-duty demand, ruling that uncertain future redevelopment benefits cannot be treated as guaranteed value while determining property valuation. The ruling has implications for Mumbai’s redevelopment market, where development rights, FSI and TDR can significantly influence […]

Bombay HC Sets Aside ₹52.61 Crore Property Valuation in Stamp Duty Disputemore

Maharashtra Forms SIT to Examine 174-Acre Kalyan Land Transaction

Mumbai, September 17, 2026: Maharashtra’s Revenue Department has formed a Special Investigation Team (SIT) to examine the ownership and transaction history of a 174-acre parcel of land in Kalyan. The land was originally government-owned grazing land and was transferred to Premier Automobiles in the 1960s. The inquiry will examine subsequent dealings involving the property, including […]

Maharashtra Forms SIT to Examine 174-Acre Kalyan Land Transactionmore

Mumbai’s Old Buildings Become a Major Source of New Housing

September 15, 2026

Mumbai: Mumbai’s future housing supply is increasingly tied to what already exists on the ground. As the city has little scope to keep expanding through large vacant plots, redevelopment of ageing buildings is becoming a major route for creating new residential space. More than 1,000 redevelopment projects have been launched in Mumbai since 2020, highlighting […]

Mumbai’s Old Buildings Become a Major Source of New Housingmore

Jaypee Infratech Sets ₹3,000 Crore Construction Plan for Stalled Projects

After years of delays that left thousands of homebuyers waiting for possession, Jaypee Infratech is stepping up construction activity across its stalled housing projects with a planned ₹3,000-crore investment over the next two years. The company, currently managed by Suraksha Group, is also pursuing fresh development opportunities along the Yamuna Expressway even as it works […]

Jaypee Infratech Sets ₹3,000 Crore Construction Plan for Stalled Projectsmore

Century Mills Redevelopment Gets BMC Approval; ₹1,351-Crore Bid Selected

September 14, 2026

Mumbai: The BMC has approved the 30-year lease of its Century Mills plot in Lower Parel to Peddar Realty for redevelopment. Peddar Realty emerged as the highest bidder with a ₹1,351-crore offer, while the lease includes a renewal clause. The 6.17-acre plot currently comprises 23 buildings, 476 tenements and 10 shops occupied by eligible mill-worker […]

Century Mills Redevelopment Gets BMC Approval; ₹1,351-Crore Bid Selectedmore

PMAY-U 2.0 Approvals Take Urban Housing Sanctions to 18.77 Lakh

New Delhi: The Centre has approved a fresh set of urban housing proposals under the Pradhan Mantri Awas Yojana-Urban 2.0, taking the total number of houses sanctioned under the scheme to 18.77 lakh. The latest round covers more than 29,000 houses. (Source for figures: Ministry of Housing and Urban Affairs/PIB, September 11, 2026.) The approvals […]

PMAY-U 2.0 Approvals Take Urban Housing Sanctions to 18.77 Lakhmore

India’s Housing Market Sees Broad-Based Price Growth in H1 2026

Mumbai: The residential property market recorded price growth across India’s major urban centres during the first half of 2026, with significant variations in the pace of appreciation across cities. Delhi and Faridabad recorded the highest growth, with residential prices rising 18% year-on-year in both cities. Ghaziabad followed with 15% growth. Bengaluru recorded a 9% increase, […]

India’s Housing Market Sees Broad-Based Price Growth in H1 2026more

Hiranandani Communities Enters Goa Through Partnership-Led Strategy

September 13, 2026

Mumbai: Hiranandani Communities has expanded its residential presence to Goa through two development partnerships, marking the company’s entry into the state’s property market. The projects have an estimated combined value of around ₹450 crore and are spread across approximately five acres, with more than 250,000 sq ft of development potential. The developments comprise premium residential […]

Hiranandani Communities Enters Goa Through Partnership-Led Strategymore

Deonar Land Unlock Could Give Fresh Momentum to Dharavi Redevelopment

Mumbai: The proposed reclamation of land at Mumbai’s Deonar dumping ground is emerging as an important enabling step for the city’s large-scale redevelopment pipeline, with around 124 acres identified for rehabilitation housing linked to the Dharavi Redevelopment Project. The Brihanmumbai Municipal Corporation (BMC) has begun trial operations under its ₹2,537-crore bioremediation programme to process legacy […]

Deonar Land Unlock Could Give Fresh Momentum to Dharavi Redevelopmentmore