Category: New Projects

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

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

Blackstone plans REIT stake sale

August 31, 2026

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

Realty bookings fall 21% in Q1 FY27

August 29, 2026

New Delhi: Sales bookings across 28 major listed real estate companies fell 21 per cent to Rs 39,964 crore in the April-June quarter of 2026-27, from Rs 50,900 crore a year earlier. The decline was linked to lower sales volumes, fewer project launches and cautious buyer sentiment amid global economic uncertainties. However, the slowdown was […]

Realty bookings fall 21% in Q1 FY27more

Supreme Court’s Interim Order Reshapes Mumbai’s Cluster Redevelopment Debate

August 3, 2026

A Legal Pause with Citywide Implications When a redevelopment project spanning 132 acres in two of Mumbai’s most valuable neighbourhoods reaches the Supreme Court, its impact extends far beyond the societies directly involved. The outcome has the potential to shape the legal interpretation of redevelopment rights, influence future urban renewal policies, and redefine the implementation […]

Supreme Court’s Interim Order Reshapes Mumbai’s Cluster Redevelopment Debatemore

BMC Eyes Mulund Land for Dharavi Redevelopment

July 29, 2026

Mumbai’s ambitious Dharavi Redevelopment Project (DRP) has moved a step closer to securing crucial infrastructure support, with the Brihanmumbai Municipal Corporation (BMC) proposing to lease 15 acres of reclaimed land at the Mulund dumping ground. The land is intended to facilitate construction-related activities for one of the country’s largest urban redevelopment initiatives while also generating […]

BMC Eyes Mulund Land for Dharavi Redevelopmentmore

Centre Reorganises Housing Ministry to Strengthen Urban Governance & Housing Policy

India’s urban governance framework has entered a new phase with the Centre reorganising the Ministry of Housing and Urban Affairs (MoHUA) into two dedicated departments. The restructuring is aimed at creating a sharper administrative framework by separating the governance of the National Capital Region from nationwide housing and urban development programmes. The move is expected […]

Centre Reorganises Housing Ministry to Strengthen Urban Governance & Housing Policymore

CIDCO Leases Nerul Land Parcel for ₹177 Crore Premium

July 18, 2026

Mumbai’s satellite cities continue to attract large-scale investments, with the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) leasing a prime land parcel in Nerul to a private developer for a substantial premium. The transaction reflects the growing demand for strategically located plots in Navi Mumbai, where residential and commercial development is gaining momentum. […]

CIDCO Leases Nerul Land Parcel for ₹177 Crore Premiummore

Maharashtra Cuts Stamp Duty on Housing Society Lease Agreements

In a major relief for cooperative housing societies in Mumbai, the Maharashtra government has announced a substantial reduction in stamp duty for the registration of 99-year lease agreements executed on government-owned land. The move is expected to benefit thousands of societies that have faced financial and procedural hurdles in completing lease registrations over the years. […]

Maharashtra Cuts Stamp Duty on Housing Society Lease Agreementsmore