BMC Takes Over Slum Rehabilitation Project in Malad East After High Court Upholds Cancellation of Private Developer’s NOC

In a landmark ruling, the Bombay High Court has cleared the path for the BMC to take direct control of a Malad East slum rehabilitation project, rehabilitating eligible dwellers at its own expense after cancelling a private developer’s NOC for non-compliance. The decision prioritizes public amenities on civic land and highlights landowner rights in Mumbai’s redevelopment landscape.

India’s Tier-2 Real Estate Market in Freefall: Housing Sales Plunge 10%, Launches Tumble 6%

India’s tier-2 real estate is in sharp decline, with 2025 sales volumes down 10% to 1,56,181 units and new launches slipping 6%, as rising prices push affordable homes out of reach and drive premiumisation across cities.

Mumbai Housing Market Slipping: Registration Fall, Rs 1 Cr Homes Disappearing From Market

Mumbai’s housing market has started 2026 with a sharp drop in registrations and a worrying fall in affordable home purchases, signalling rising affordability pressure and weakening buyer activity.

Realty Stocks Mixed at Open as Broader Markets Slip; Sector Eyes Volatile Session Ahead

Real estate stocks began today’s trading session on a cautious note as benchmark indices slipped. While select developers showed resilience, others remained under pressure, pointing to a volatile and stock-specific trading day for the sector.

HC Exposes SRA-Developer Collusion in Worli STP Land Grab

In a damning order, Bombay HC accuses SRA officers of suppressing BMC warnings to let a Shahid Balwa-linked developer encroach on land reserved for Worli’s vital STP expansion — a stark expose of how public infrastructure is sacrificed for private real estate gains in Mumbai’s rotting system.