Apartment Loading Rises to 40% in Q1 2025, Highest in MMR

In Q1 2025, average apartment loading across India’s top 7 cities reached 40%, up from 31% in 2019, as per ANAROCK. MMR leads with the highest loading at 43%, while Bengaluru saw the sharpest rise. Experts link the increase to rising demand for luxury amenities — but warn that homebuyers now get just 60% of what they pay for as usable living space.

BMC Registers FIR Against 27 Residents for Unauthorised Construction in Flats

In a strict enforcement move, the BMC has filed an FIR against 27 residents of Mangesh Co-operative Housing Society in Kurla East for unauthorised structural changes in their flats. Despite multiple notices issued since 2020, no action was taken by the residents, prompting BMC officials to register the case under Section 53(7) of the MRTP Act.

ICRA Revises Indian Hospitality Sector Outlook to Stable as Growth Normalises in FY2026

ICRA revises India’s hospitality sector outlook to Stable for FY2026 as revenue growth normalises to 6–8%. Premium hotel occupancy and room rates remain healthy, with earnings and credit metrics supported by cost efficiency and asset-light strategies. Supply growth continues to lag demand in key markets, adding to price resilience.

Hrithik and Rakesh Roshan Sell Mumbai Properties Worth ₹6.75 Crore in Andheri West

Hrithik Roshan and filmmaker Rakesh Roshan have sold three properties in Mumbai’s Andheri West for ₹6.75 crore, according to property registration documents accessed in May 2025. The transactions include flats in Veejays Niwas and Raheja Classique, two of the area’s prominent residential complexes.

MHADA Floats Tender for Kamathipura Redevelopment

MHADA has launched the long-awaited Kamathipura Cluster Redevelopment Project, covering 34 acres in South Mumbai. The plan includes the rehabilitation of over 8,000 tenants and 800 landowners and will transform the area with new housing, commercial spaces, and infrastructure. The initiative, approved under DCPR 2034 Regulation 33(9), aims to create an “Urban Village” with modern living amenities and secure housing for residents.