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Boman Irani, Rustomjee

MHADA Awards GTB Nagar Sion Project to Keystone Realtors (Rustomjee Group)

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.
  • July 1, 2025

MHADA Announces Lottery for 1,418 Homes

MHADA has launched an online lottery for 1,418 affordable flats and plots across Chhatrapati Sambhajinagar and Nashik divisions. Applications are open until August 11, 2025, via the IHLMS 2.0 system and mobile app. This transparent, fully digital process offers a golden opportunity for home seekers.
  • July 1, 2025
Real estate

Mumbai Leads Real Estate PE Inflows in H1 2025 Despite Overall Dip

Mumbai topped all Indian cities in private equity inflows in H1 2025, securing USD 468 million, even as total real estate PE investments dropped by 41% year-on-year. Office and residential segments led the charge, while warehousing saw a major pullback.
  • June 30, 2025
Boman Irani, Rustomjee

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.
  • June 30, 2025
Mumbai recorded 12,070 property registrations in September 2025, marking a 32% YoY rise and the best September since 2013. Stamp duty revenues grew 47% YoY to ₹1,292 crore, boosted by festive demand and strong buyer confidence in suburban markets.

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.
  • June 30, 2025