Category: REAL ESTATE NEWS

Mumbai societies get wider scope for lifestyle amenities without extra FSI burden

May 15, 2026

Mumbai’s residential landscape may soon witness a noticeable shift in the way housing societies design community spaces. In a significant urban planning move, the state government has increased the permissible area for recreational and wellness facilities that can be developed without attracting additional Floor Space Index (FSI) charges. Under the revised provision, residential societies can […]

Mumbai societies get wider scope for lifestyle amenities without extra FSI burdenmore

Vertical property cards may redefine flat ownership clarity

Maharashtra’s proposed “vertical property card” system could become one of the most significant reforms in urban real estate documentation in recent years. While land ownership in the state has traditionally been recorded through property cards and 7/12 extracts, apartment ownership inside multi-storey buildings has often lacked an independent and standardised government-backed record. The revised proposal, […]

Vertical property cards may redefine flat ownership claritymore

SRA Drops 181 Joint Venture Slum Redevelopment Projects Across Mumbai

May 13, 2026

In a major policy shift that could redefine Mumbai’s slum redevelopment strategy, the Slum Rehabilitation Authority (SRA) has scrapped 181 out of 228 joint venture (JV) redevelopment projects that were earlier planned in partnership with multiple state-run agencies. The decision comes nearly two years after the Maharashtra government initiated a large-scale redevelopment model involving agencies […]

SRA Drops 181 Joint Venture Slum Redevelopment Projects Across Mumbaimore

Bombay HC draws line on delayed NOC demands near defence zones

Maharashtra Govt Moves Supreme Court Over 254-Acre Mira-Bhayander Land Dispute

May 11, 2026

One of the Mumbai Metropolitan Region’s most strategically significant land disputes is now heading towards a larger constitutional battle, as the Maharashtra government prepares to challenge the Bombay High Court’s order over nearly 254.88 acres of land in Mira-Bhayander. The high-value land parcel, located within one of MMR’s fastest-transforming urban corridors, has triggered a major […]

Maharashtra Govt Moves Supreme Court Over 254-Acre Mira-Bhayander Land Disputemore

Bombay HC draws line on delayed NOC demands near defence zones

May 9, 2026

In a significant ruling for Mumbai’s redevelopment and regulatory framework, the Bombay High Court has clarified that authorities cannot insist on a No Objection Certificate (NOC) from defence establishments at the final stages of construction after projects have already progressed with sanctioned approvals. The judgment is expected to have wider implications for redevelopment projects located […]

Bombay HC draws line on delayed NOC demands near defence zonesmore

Labour crunch slows Mumbai’s realty momentum

Mumbai’s real estate sector is entering a phase where execution has become as critical as approvals and funding. Across the city, developers are facing mounting pressure due to labour shortages, rising construction expenses and interruptions in material supply chains. What initially appeared to be a temporary disruption is now beginning to reflect deeper structural concerns […]

Labour crunch slows Mumbai’s realty momentummore

Why Neopolis in Hyderabad Signals New Premium Logic in Indian Real Estate

May 7, 2026

Article co-authored by Mr. Karteesh Reddy M, Mr. Lakshmi Narayana G, and Mr. Sharat V, Designated Partners of GHR Lakshmi Urbanblocks Infra LLP Premium addresses in Hyderabad once drew its power from familiarity. They had to be established, socially recognised, and already validated by years of demand. Buyers were not only paying for the home; […]

Why Neopolis in Hyderabad Signals New Premium Logic in Indian Real Estatemore

Vertical Slums, Silent Crisis

Mumbai’s growth story is no longer horizontal—it is rising vertically, quietly and without control. Across pockets like Govandi, Kurla, and Bandra East, informal settlements are no longer limited to ground-plus-one structures. They are evolving into multi-storey, unauthorized buildings—what many now call “slum skyscrapers.” This transformation is not just physical; it reflects a deeper imbalance between […]

Vertical Slums, Silent Crisismore

BMC moves towards 3D governance with Mumbai digital twin

May 6, 2026

In a significant step towards data-driven urban management, the Brihanmumbai Municipal Corporation (BMC) has begun integrating a three-dimensional digital model of Mumbai with its core civic systems. This initiative aims to bring multiple municipal departments onto a unified digital platform, improving both transparency and operational efficiency. The digital twin of Mumbai will initially be connected […]

BMC moves towards 3D governance with Mumbai digital twinmore

MahaRERA Tightens Grip on Non-Compliant Projects

In a decisive regulatory push, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated action against 8,212 housing projects for failing to submit mandatory quarterly progress reports (QPRs) within stipulated timelines. The move underscores a sharper regulatory lens on compliance and transparency, particularly across key markets like the Mumbai Metropolitan Region (MMR). Out of the […]

MahaRERA Tightens Grip on Non-Compliant Projectsmore