MHADA Awards Tender to Rustomjee to Redevelop GTB Nagar Sion Project

MHADA’s ambitious redevelopment of Punjabi Colony in Sion’s GTB Nagar, Mumbai, is moving forward following crucial legal clearances from the Bombay High Court and Supreme Court. This project aims to transform the historically significant area, originally a refugee settlement for Partition-era migrants, by providing modern homes and additional housing.

Mumbai Records Strongest Half-Yearly Property Registrations Since 2013

Mumbai’s real estate market achieved its best half-yearly performance since 2013, recording 75,982 property registrations and ₹6,727 crore in revenue during H1 2025. While compact homes dominated transactions, premium property sales remained strong, highlighting resilient buyer demand across segments.

Godrej Properties Enters Panipat with 43-Acre Plotted Development Project

Godrej Properties has announced its entry into Panipat with a 43-acre plotted development project in Sector 40, offering over 1 million sq. ft. of residential plots and targeting revenue of more than ₹1,250 crore. This marks the developer’s fourth plotted township in North India.

Maharashtra Government Plans Major Reform: 1 Guntha Plots to Get Legal Recognition

Maharashtra Revenue Minister Chandrashekhar Bawankule has announced a major policy change to permit legal registration of 1 guntha plots—approximately 1,089 sq ft—in residential zones. The proposed bill, likely to be introduced in the current Assembly session, aims to simplify land subdivision but still requires NA conversion for agricultural land. Here’s what homebuyers need to know.

MMR Records Highest Home Sales in Q2 2025 Even as India Sees 20% Decline

Despite a 20% dip in India’s housing sales during Q2 2025, Mumbai Metropolitan Region (MMR) held its ground as the country’s largest residential market, recording over 31,000 unit sales. Developers scaled back launches, but luxury and mid-segment homes remained dominant.