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Mumbai Property Valuation Rates Hiked by 3.39%, Govt Announces New ASR

The Maharashtra government has increased Mumbai’s property valuation rates by 3.39% for the financial year 2025-26. The hike is part of the Annual Statement of Rates (ASR), which determines stamp duty and registration charges. The revision reflects rising property demand and infrastructure development. Learn more about how this affects buyers and sellers.

MHADA Sets Target to Construct 19,497 Houses in FY 2025-26

The Maharashtra Housing and Area Development Authority (MHADA) has set a target to construct 19,497 housing units across the state in the financial year 2025-26. With a budget allocation of ₹15,951.23 crore, Mumbai alone will see 5,199 new units, focusing on key redevelopment projects like BDD Chawl, Goregaon Siddharth Nagar, and more.

HDIL Insolvency Proceedings Stall MahaRERA Complaint – Homebuyers Left in Limbo

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has adjourned complaints filed by homebuyers against HDIL sine die due to the insolvency moratorium mandated under the Insolvency and Bankruptcy Code (IBC). The decision was held by Ravindra Deshpande on August 20, 2019, leaving homebuyers in uncertainty as they await resolution through the ongoing Corporate Insolvency Resolution Process (CIRP).

Zydus Family Trust Acquires Ultra-Luxury Apartment at Mumbai’s 360 West for ₹200 Crore

Zydus Family Trust has made a significant real estate investment by purchasing a luxury apartment at Oberoi 360 West in Worli, Mumbai, for ₹200 crore. The property, located on the 61st floor, spans 17,384 sq. ft. and includes eight car parking spaces.

Mumbai Sees Average Property Registrations on Gudi Padwa: 489 of 2,000 Documents Registered Are Properties

On Gudi Padwa 2025, Mumbai recorded around 2,000 document registrations, including 489 property deals, indicating stagnation in the real estate sector despite the auspicious occasion. Experts attribute the average numbers to economic uncertainties and high property prices.