[recent_post_slider design="design-1" limit="5" show_category_name="false" show_author="false"]
The Latest
Manju Yagnik

Key Real Estate Trends in 2024: Rapid Urbanization, Demographic Shifts, and Rising Foreign Investment

In 2024, India’s real estate market continues to thrive with robust demand in both luxury and affordable housing sectors. Manju Yagnik, Vice Chairperson of Nahar Group, highlights trends such as the rising focus on green living, increasing infrastructure investments, and urbanization. With Maharashtra’s infrastructure projects transforming the region, the year is set to close as the best in terms of real estate performance, driven by economic growth and strong fundamentals.
  • January 2, 2025
MahaRERA

MahaRERA Redefines Criteria for SROs to Benefit Developers Outside MMR

MahaRERA has announced a change to its criteria for forming Self Regulatory Organisations (SROs), reducing the minimum project requirement from 500 to 200 for developers outside the Mumbai Metropolitan Region (MMR). This reform aims to provide more accessible regulatory guidance, helping developers streamline project registrations, renewals, and compliance processes across Maharashtra.
  • January 2, 2025
BMC

BMC Revises Interest Rates for Installment Payments on Building Permission Fees

On January 1, 2025, the Brihanmumbai Municipal Corporation (BMC) revised its installment payment policy for building permission fees, including IOD and CC. The revised policy introduces a higher interest rate of 12% per annum for fresh proposals, with increased penalties for defaults. The changes aim to ensure timely fee recovery and improve financial accountability in the city’s construction sector.
  • January 1, 2025
Mumbai Home Sales

Mumbai Sees 115 Property and 868 Rental Registrations on Day 1 of 2025

On January 1, 2025, Mumbai recorded 115 property registrations and 868 rental agreements by 5 pm, marking a significant start to the year in real estate and rental activities. According to data from the Inspector General of Registration, this surge in registrations reflects a thriving property market and a high demand for rental properties in the city.
  • January 1, 2025
TATA

Tata Consulting Engineers Acquires US-Based CDI Engineering Solutions to Expand Global Footprint

Tata Consulting Engineers (TCE) has acquired CDI Engineering Solutions, a prominent US-based engineering firm with a 75-year legacy. This strategic move strengthens TCE’s global presence and positions the company to tackle critical challenges in energy transition, sustainability, and infrastructure development. The acquisition combines TCE’s expertise with CDI’s technical excellence, offering enhanced value to clients worldwide.
  • January 1, 2025