Brihanmumbai Municipal Corporation to Begin Sale of 426 Apartments from October 16 to November 21, 2025

The Brihanmumbai Municipal Corporation (BMC) is set to commence the sale of 426 apartments from October 16 to November 21, 2025, as part of a lottery process aimed at supporting economically weaker sections and low-income groups. Interested applicants are encouraged to apply through the official BMC website.

A Parking Spot in South Mumbai is More Expensive Than a Flat in Andheri

A parking space in South Mumbai’s Grand Paradi sells at ₹33,000 per sq ft, topping a 2BHK in Andheri West at ₹30,000 per sq ft, spotlighting Mumbai’s escalating property values amid historical trends and parking woes.

🏢 Tribeca Repays ₹200 Cr HDFC Loan

Tribeca Developers has repaid its ₹200 crore HDFC Capital loan for The Edge ahead of time, powered by blockbuster sales. The early repayment reinforces Tribeca’s financial strength and highlights the booming demand for high-end residences in South Mumbai.

🏠 Realty Stocks Open Mixed: Blue Chips Hold Steady, Mid-Caps Face Pressure

Real estate stocks opened mixed today, with blue-chip developers like DLF and Godrej Properties holding steady while mid- and small-cap names faltered under profit-taking. The session reflects selective accumulation ahead of earnings season, with volatility expected through the day.

💰 ₹169 Crore in Bribes, Illegal Buildings on Dumping Grounds, Gold & Farmhouses: How One IAS Officer Exploited Mumbai’s Real Estate Dreams

The ED has attached ₹71 crore worth of assets in a ₹169 crore bribery and illegal construction racket involving IAS officer Anil Pawar. Reserved land was turned into an illegal housing hub through a rate-based bribe system, devastating thousands of unsuspecting homebuyers.