Category: REAL ESTATE NEWS

Maharashtra Tightens Rules for PMAY-Urban 2.0 Affordable Housing Projects

January 31, 2026

The Maharashtra government has tightened rules for affordable housing projects under the Pradhan Mantri Awas Yojana (Urban) 2.0 to bring more clarity, fairness, and accountability in pricing and approvals. The new rules make it compulsory for developers to link beneficiaries early in the project, especially in cases where the price of homes meant for the […]

Maharashtra Tightens Rules for PMAY-Urban 2.0 Affordable Housing Projectsmore

Rising Debt Pressures May Prompt Maharashtra to Revisit Ready Reckoner Rates

Homebuyers in Maharashtra may face higher property costs in the coming financial year as the state government considers revising Ready Reckoner (RR) rates from April. The move is being evaluated amid rising fiscal pressure driven by welfare spending and increasing supplementary demands. Senior revenue department officials said the government is reviewing revenue options to manage […]

Rising Debt Pressures May Prompt Maharashtra to Revisit Ready Reckoner Ratesmore

AAI Radar Relocation to Unlock 1,000 Acres for Affordable Housing in Dahisar

Mumbai: The Airports Authority of India’s (AAI) high-frequency radar at Dahisar will be shifted to another location. The move is expected to free up nearly 1,000 acres of land spread over 6 km for affordable housing and redevelopment projects in North Mumbai, Civil Aviation Minister Mr. K Ram Mohan and Mr.Naidu said. The decision was […]

AAI Radar Relocation to Unlock 1,000 Acres for Affordable Housing in Dahisarmore

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

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