Category: Mumbai

Why is Mumbai’s Commercial Real Estate Peaking in Expense?

March 19, 2025

Written by Anuj Mehta, Partner, Dhuleva Group Mumbai, the financial capital of India, has been a commercial real estate hotspot for decades. The city continues to be a magnet for businesses, investors, and multinational corporations, despite soaring property prices and rising operating costs. The above significant factors have further driven the continuous demand for commercial properties shaping Mumbai’s […]

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Top 5 Real Estate Property Buying and Selling Websites in India

Why Navi Mumbai Is a Hotspot for NRI Property Buyers in 2025

March 18, 2025

By Mr. Ramesh D. Patel, Partner at The Platinum Group Navi Mumbai is emerging as one of the hottest off-shore investment destinations for India’s highest-yielding real estate markets, especially for Non-Resident Indian (NRI) investors. With huge-scale infrastructure development, increasing luxury home projects, and the highest returns on investment, the city provides the perfect opportunity for […]

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Thane Municipal Commissioner Issues Strict Warning to Officials Over Illegal Constructions

February 25, 2025

THANE: The Thane Municipal Commissioner, Saurabh Rao, issued a warning of stern action against assistant commissioners if they fail to take action on illegal constructions within their respective areas. The warning was issued by Rao during a closed-door meeting with civic officials late Friday over the apparent flourishing of illegal constructions in the city and […]

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Maha Govt invite developers to develop 3360 acres of MSRTC land bank: Maha Transport Minister

February 22, 2025

Government to Fast–Track MSRDC Bus Depots Developments across District, Taluka & Rural Levels: Mr Pratap Sarnaik, Minister of Transport, Government of Maharashtra NAREDCO NextGen ‘Digital Learning Hub’ launched by Shri Pratap Sarnaik, Transport Minister, Govt of Maharashtra   Mumbai, February 11, 2025: Shri Pratap Sarnaik, Minister of Transport, Government of Maharashtra announced that the State’s […]

Maha Govt invite developers to develop 3360 acres of MSRTC land bank: Maha Transport Ministermore

From Buyers to Investors: How Women are Leading Mumbai’s Real Estate Market

Attributed to Mr. Nikunj Sanghavi, Managing Director of Veena Developers Dreams are made in Mumbai, and so is the shift in its realty landscape. Women, once primarily being homemakers or equal partners who are always in the background while deciding on property matters, are taking the lead in this department both as homebuyers and investors. […]

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Over 8,000 Complaints Pending Resolution at Maharashtra RERA

February 18, 2025

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA), established to address real estate consumer grievances, is now under scrutiny as homebuyers struggle to get relief. With over 8,000 complaints pending and delays in executing orders—such as recovery warrants by revenue authorities—experts argue that MahaRERA lacks enforcement power and needs to take stronger action. Consider the […]

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Audit

MHADA to Complete Structural Audit of 1,000 Cessed Buildings in Mumbai by March 2025

February 14, 2025

The Maharashtra Housing and Area Development Authority (MHADA) is set to conduct a structural audit of 1,000 cessed buildings in Mumbai by March 2025 as part of the Maharashtra government’s 100-day action plan. MHADA Vice President and CEO, Sanjeev Jaiswal, has directed officials to expedite the process to ensure the audit is completed on time. […]

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MahaRERA Orders Honest Shelters to Transfer Flats to IIFL

January 20, 2025

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA), in a detailed order issued on January 16, instructed Honest Shelters to hand over possession of six flats in the “Palais Royale” project located in Worli to India Infoline Finance Limited (IIFL). Additionally, the regulatory body directed the promoter to pay interest to IIFL for the delayed […]

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The Evolution of City Life: Homes, Offices, and Leisure in One Space

January 13, 2025

Authored by Mr. Nikunj Sanghavi, Managing Director of Veena Developers With the concepts of convenience, efficiency, and sustainability at the heart of urban planning, the Indian city is witnessing increasing traction with the concept of mixed-use developments. These are being created as a singularly designed residential, commercial, and retail space combination and changing the way […]

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MAHA RERA

In an effort to increase developer compliance, Maharashtra RERA has updated its requirements for self-regulating organizations. Real Estate

January 3, 2025

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has updated the eligibility criteria for forming Self-Regulatory Organizations (SROs), a move aimed at bolstering compliance among real estate developers. The revision reduces the minimum project threshold for SRO formation from 500 to 200 projects in areas outside the Mumbai Metropolitan Region (MMR). This change seeks to […]

In an effort to increase developer compliance, Maharashtra RERA has updated its requirements for self-regulating organizations. Real Estatemore