Category: Mumbai

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

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

MahaREAT Orders Demolition of Additional Wing in Badlapur Project Over Buyer Consent Issues

September 10, 2026

Mumbai: Developers may need to exercise greater caution when seeking to add new structures to residential projects after units have been sold, following a recent order of the Maharashtra Real Estate Appellate Tribunal (MahaREAT). The tribunal has directed the promoters of the Parshvadhara project at Belavali, Badlapur, Thane, to demolish Wing E, which was introduced […]

MahaREAT Orders Demolition of Additional Wing in Badlapur Project Over Buyer Consent Issuesmore

Marine Lines Gets ₹1,000-Crore Redevelopment Push With 270+ Residents Set for Rehabilitation

September 2, 2026

Mumbai: A redevelopment project with an estimated gross development value (GDV) of about ₹1,000 crore is planned on a nearly two-acre parcel in Marine Lines, South Mumbai. Dhuleva Group has secured the development rights for the property. The proposed development is expected to have a total development potential of around 1 million sq ft, combining […]

Marine Lines Gets ₹1,000-Crore Redevelopment Push With 270+ Residents Set for Rehabilitationmore

TIAA Expands Pune Footprint With ₹320-Crore, 10-Year Office Lease

September 1, 2026

Pune: TIAA Global Capabilities Private Limited has expanded its office presence in Pune by leasing 255,713 sq ft at Panchshil Vantage in Wagholi, in a transaction involving an estimated rental commitment of ₹320 crore over 10 years. The deal adds to Pune’s growing commercial real estate momentum, particularly along the Wagholi-Kharadi corridor, where demand from […]

TIAA Expands Pune Footprint With ₹320-Crore, 10-Year Office Leasemore

SRA targets 5.09 lakh homes

August 31, 2026

Mumbai : The Slum Rehabilitation Authority (SRA) has set a target of completing 5,09,873 rehabilitation homes by December 2030, as Mumbai steps up efforts to accelerate slum redevelopment. The authority plans to complete 90,264 homes by December 2026, rising to 1,48,219 by December 2027, 2,44,356 by December 2028, 3,61,026 by December 2029 and 5,09,873 by […]

SRA targets 5.09 lakh homesmore

Blackstone plans REIT stake sale

Mumbai: Blackstone has proposed selling up to 25.03% of its stake in Knowledge Realty Trust through an offer for sale, with the transaction valued at about ₹11,988 crore ($1.26 billion) at the floor price of ₹108 per unit. The offer comprises a 16.69% base offer and an additional 8.34% stake in case of oversubscription. Blackstone […]

Blackstone plans REIT stake salemore

PMAY’s Mumbai Housing Gap Widens: 10,000–15,000 MHADA Homes Await Allotment

August 28, 2026

MUMBAI: The challenge facing affordable housing in Mumbai is no longer limited to constructing homes. The bigger hurdle is ensuring that eligible families can actually finance and occupy them. High land costs, limited access to bank credit and irregular incomes have left thousands of MHADA-built homes awaiting allotment. MHADA has constructed nearly 50,000 homes across […]

PMAY’s Mumbai Housing Gap Widens: 10,000–15,000 MHADA Homes Await Allotmentmore

Maharashtra Proposes New Housing Society Rules: Redevelopment, Parking & EV Charging in Focus

MUMBAI: Maharashtra has proposed a fresh set of Model Bye-Laws for cooperative housing societies, bringing redevelopment, parking, flat transfers, electric vehicle (EV) charging, structural safety and grievance redressal into sharper focus. The draft Model Bye-Laws 2026 for Co-operative Housing Societies — Tenant Co-partnership (Flat Type) have been released by the state Cooperation Department for public […]

Maharashtra Proposes New Housing Society Rules: Redevelopment, Parking & EV Charging in Focusmore