Category: REAL ESTATE NEWS

MMRDA’s 216-acre Raigad move signals a deeper shift in Mumbai 3.0 strategy

MMRDA’s 216-acre Raigad move signals a deeper shift in Mumbai 3.0 strategy

April 21, 2026

Mumbai’s next phase of urban expansion is beginning to take clearer shape, with the Mumbai Metropolitan Region Development Authority (MMRDA) securing 216 acres in Raigad. While the scale itself is notable, the more significant story lies in the model being adopted — one that repositions landowners from passive sellers to active stakeholders in the development […]

MMRDA’s 216-acre Raigad move signals a deeper shift in Mumbai 3.0 strategymore
Mumbai’s 900+ Acre Reset: MHADA’s Bold Housing Shift

Mumbai’s 900+ Acre Reset: MHADA’s Bold Housing Shift

April 20, 2026

Mumbai’s housing narrative is entering a decisive phase as large-scale redevelopment moves from intent to execution. With over 900 acres under consideration, the initiative signals not just expansion, but a structural reset in how urban housing is planned, delivered, and sustained. At the center of this transformation is MHADA’s plan to redevelop a dozen layouts […]

Mumbai’s 900+ Acre Reset: MHADA’s Bold Housing Shiftmore
Housing supply expands as prices climb across cities in Q1 2026

Housing supply expands as prices climb across cities in Q1 2026

April 19, 2026

India’s residential real estate market continues to reflect a supply-led momentum, even as pricing trends remain firmly upward. In Q1 2026, housing supply recorded a 10.1% year-on-year increase, while property prices rose 14.1% across major cities, indicating a widening gap between availability and affordability. Active listings across 13 key cities grew 6.8% quarter-on-quarter and 10.1% […]

Housing supply expands as prices climb across cities in Q1 2026more
Dharavi Redevelopment Picks Pace with 11000 Rehab Units Planned

Dharavi Redevelopment Picks Pace with 11,000 Rehab Units Planned

April 17, 2026

Mumbai’s redevelopment landscape is witnessing a significant shift as the Dharavi Redevelopment Project (DRP) moves into an accelerated execution phase. What has long remained a complex urban challenge is now progressing with clearer timelines, defined clusters, and structured rehabilitation planning. A major focus of this phase is Sector-6, situated on a 35-acre railway land parcel […]

Dharavi Redevelopment Picks Pace with 11,000 Rehab Units Plannedmore
Dharavi Redevelopment Speeds Up Before Rains

Dharavi Redevelopment Speeds Up Before Rains

April 16, 2026

Mumbai’s urban transformation narrative has taken a decisive turn as authorities move forward with pre-monsoon clearances in key informal settlements. The latest development in Dharavi’s Sector 6 signals both urgency and complexity in executing one of Asia’s most ambitious redevelopment projects. Nearly seven slum settlements in Sector 6 have been served notices to vacate either […]

Dharavi Redevelopment Speeds Up Before Rainsmore
Mumbai plans structured push for affordable rental housing

Mumbai plans structured push for affordable rental housing

April 14, 2026

Mumbai’s rising rental demand is set to be addressed through a more structured and regulated framework, as the state government moves toward a system-driven approach to affordable housing. Under the leadership of Devendra Fadnavis, authorities have been directed to establish a comprehensive mechanism that simplifies rental access while ensuring accountability across stakeholders. A key element […]

Mumbai plans structured push for affordable rental housingmore
AI to Reshape Mumbai’s Realty Approvals

AI to Reshape Mumbai’s Realty Approvals

April 11, 2026

  Mumbai is preparing for a significant transformation in its real estate approval ecosystem, as the Municipal Corporation of Greater Mumbai (MCGM) moves toward deploying an advanced AI-driven system. The initiative is designed to simplify, accelerate, and bring greater transparency to a process that has historically been complex and time-consuming. At its core, this shift […]

AI to Reshape Mumbai’s Realty Approvalsmore
Property-Tax

Property Tax Surge Drives Mumbai’s Revenue Growth

April 5, 2026

Mumbai’s property tax collections have reached a new high in FY26, with certain wards clearly leading the trend. The K-East ward, covering Andheri East, has emerged as the top contributor, reflecting both strong compliance and effective recovery measures. The Brihanmumbai Municipal Corporation (BMC) recorded its highest-ever property tax collection of Rs 7,610.9 crore, surpassing expectations […]

Property Tax Surge Drives Mumbai’s Revenue Growthmore
Lucknow–Kanpur Expressway

Lucknow–Kanpur Expressway Nears Completion; Set to Transform Regional Connectivity and Real Estate Growth

Lucknow: After nearly four years of construction challenges and commuter inconvenience, the much-awaited Lucknow–Kanpur Expressway is now in its final stage of completion. According to officials from the National Highways Authority of India (NHAI), the six-lane expressway is expected to be inaugurated and opened to the public in April 2026. For years, commuters between Lucknow […]

Lucknow–Kanpur Expressway Nears Completion; Set to Transform Regional Connectivity and Real Estate Growthmore
MahaRERA Momentum: More Projects, But Delays Continue

MahaRERA Momentum: More Projects, But Delays Continue

April 4, 2026

The real estate market in Maharashtra is moving steadily, with both new projects and ongoing developments shaping the current trend. The Maharashtra Real Estate Regulatory Authority (MahaRERA) has approved over 1,060 housing projects across the state. Nearly half of these are new registrations, while many existing projects have been given more time to complete. Out […]

MahaRERA Momentum: More Projects, But Delays Continuemore