Category: REAL ESTATE NEWS

MTNL Board Approves Sale of BKC Residential Block to NABARD for ₹350.72 Crore

January 31, 2026

Mumbai: State-run Mahanagar Telephone Nigam Ltd (MTNL) has approved the sale of its residential property located in Mumbai’s Bandra Kurla Complex (BKC) to the National Bank for Agriculture and Rural Development (NABARD) for ₹350.72 crore, according to a stock exchange filing. The transaction will be executed through a government-to-government (G2G) transfer or direct sale route. […]

MTNL Board Approves Sale of BKC Residential Block to NABARD for ₹350.72 Croremore

Mumbai Property Registrations Rise 6% in 2025, Touch 1.5 Lakh Units

Mumbai: Mumbai’s housing market recorded a strong recovery in 2025, with property registrations rising 6% year-on-year to 1,50,231 units, marking the city’s best performance in the last 14 years, according to data cited by real estate consultant Knight Frank India. Registrations in the Mumbai municipal region increased from 1,41,202 units in 2024 to 1,50,231 units […]

Mumbai Property Registrations Rise 6% in 2025, Touch 1.5 Lakh Unitsmore

MOFA Amendments Trigger Consumer Backlash Over Diluted Buyer Protections

January 30, 2026

Mumbai: Recent amendments to the Maharashtra Ownership of Flats (MOFA) Act have triggered strong opposition from consumer bodies, which warn that the changes significantly weaken protections for homebuyers and reduce accountability for errant builders. The Akhil Bharatiya Grahak Panchayat has urged Chief Minister Devendra Fadnavis to withdraw the amendments, describing them as unjust, anti-consumer and […]

MOFA Amendments Trigger Consumer Backlash Over Diluted Buyer Protectionsmore

Maharashtra to Take Housing Society Registration Online, Reduce Paperwork

Mumbai: The Maharashtra government is preparing to shift housing society registration to a fully online system this year, a move aimed at easing a process that has long been slowed by heavy paperwork and repeated visits to government offices. The new mechanism is expected to simplify registrations and bring more societies into the formal framework. […]

Maharashtra to Take Housing Society Registration Online, Reduce Paperworkmore

Maharashtra Plans Rule Changes to Speed Up Redevelopment on Mumbai’s Mill Lands

Mumbai: The Maharashtra government is planning to change development rules to speed up the redevelopment of old and unsafe buildings on Mumbai’s mill lands. The aim is to revive projects that have been stuck for years and make redevelopment more attractive for builders. Deputy Chief Minister Eknath Shinde said in the legislative assembly that many […]

Maharashtra Plans Rule Changes to Speed Up Redevelopment on Mumbai’s Mill Landsmore

Maharashtra Gives Legal Status to Online Land Records Mumbai

The Maharashtra government has given full legal status to digitally signed land records, including 7/12 extracts, 8-A extracts and property cards. This step is expected to make land transactions easier and reduce disputes related to land ownership. With this decision, land records downloaded from the Mahabhumi portal will now be accepted as legal documents. These […]

Maharashtra Gives Legal Status to Online Land Records Mumbaimore

MMRDA Clarifies Mira Road Flyover Design Amid ‘4-to-2 Lane’ Row

January 29, 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has clarified concerns over the design of a flyover in the Mira–Bhayander area after social media posts showed a transition from four lanes to two. The visuals sparked questions among daily commuters, with many raising concerns about traffic flow and safety on one of the region’s busy suburban […]

MMRDA Clarifies Mira Road Flyover Design Amid ‘4-to-2 Lane’ Rowmore

Maharashtra Clears ₹22,000-Crore Metro Link Between Mumbai and Navi Mumbai Airports

January 28, 2026

The Maharashtra Cabinet Infrastructure Committee on Tuesday approved a 35-km Metro project to connect Mumbai and Navi Mumbai international airports at a cost exceeding Rs 22,000 crore, officials said. The proposed Metro corridor will have 20 stations, including six underground and 14 elevated stations. The project aims to improve airport-to-airport connectivity and reduce pressure on […]

Maharashtra Clears ₹22,000-Crore Metro Link Between Mumbai and Navi Mumbai Airportsmore

A Pause, Not a Pullback: Why India’s Housing Market Stayed Firm in 2025

India’s housing market in 2025 slowed down but it did not weaken. After two strong years, the residential sector entered a phase of balance and correction. Sales dipped and new launches reduced, but prices stayed firm. This clearly shows a market that is stabilising, not struggling. According to Real Insight – Residential CY 2025, PropTiger.com’s […]

A Pause, Not a Pullback: Why India’s Housing Market Stayed Firm in 2025more

BMC stops work at 106 sites for violating air quality norms

January 27, 2026

Mumbai’s civic body has ordered an immediate halt to construction activity at 106 sites across the city after they failed to comply with mandatory air quality monitoring norms. In an official release, the Brihanmumbai Municipal Corporation (BMC) said several construction sites continued to violate prescribed environmental requirements despite repeated follow-ups conducted since May 2025. “Despite […]

BMC stops work at 106 sites for violating air quality normsmore