Square Feat India

MMR’s housing market showed mixed signals in Q2 2026 with launches jumping 23% to 34,555 units while sales fell 8% to 28,710 units. Mumbai dominated with 65% of new supply and over 70% of absorption as inventory climbed across the region.

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Mumbai MMR Housing Boom: Sales Value Soars 11%, Transactions Surge 5% in Q4 2024

Mumbai’s housing market continued its upward momentum in Q4 2024, with a significant 11% rise in registered home sales value and a 5% increase in transactions. Led by major developers like Lodha Group and Godrej Properties, the market benefited from growing infrastructure projects and a surge in high-value property investments.

March 16, 2025

Infrastructure

Double-Decker Flyover Inaugurated in Mira Bhayander to Improve Connectivity

MMRDA has inaugurated a double-decker flyover in Mira Bhayander as part of Metro Line-9, designed to decongest major traffic bottlenecks and improve road connectivity. Built with a shared pier structure, the 850-meter-long flyover enhances urban mobility by integrating metro and road transport. The project is expected to reduce travel time, improve traffic flow, and support sustainable transport solutions in one of Mumbai’s fastest-growing suburbs.

March 15, 2025

Knight Frank’s Q2 2025 report highlights that Indian investors continue to favor London, New York, and Singapore for long-term property investments. With global prime rentals rebounding by 3.5% YoY, constrained supply and strong international demand are keeping these gateway cities at the top of the investment radar.

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MMRDA Allocates Land to NPCI in BKC for Global Headquarters

MMRDA has allocated land in Bandra Kurla Complex (BKC) to NPCI for its global headquarters, reinforcing Mumbai’s role as a fintech and digital payments hub. The headquarters will drive advancements in AI-driven financial services, cybersecurity, and blockchain, attracting startups and investors. This move aligns with India’s growing dominance in digital transactions and ensures continued leadership in global payment solutions.

March 15, 2025

Blackstone’s Acquisition of Kolte-Patil Developers

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Blackstone Acquires 40% Stake in Kolte-Patil Developers

In a landmark deal, Blackstone has acquired a 40% stake in Kolte-Patil Developers, a leading real estate developer in India. The global investment firm has also launched an open offer to acquire an additional 26% stake, potentially raising its ownership to 66%. This move is expected to bring fresh capital, enhanced governance, and strategic expansion to Kolte-Patil while strengthening Blackstone’s presence in India’s booming residential real estate market.

March 15, 2025

Mumbai Metropolitan Region topped India's land deals in 2025 with 32 transactions for over 500 acres, driving national total to 3,772+ acres amid strong demand for residential, mixed-use, industrial and data centre projects – per ANAROCK Research.

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India’s Real Estate Sector Sees Record ₹ 39,742 Crore Land Acquisitions in 2024

India’s real estate market reached a new high in 2024, with developers acquiring ₹39,742 crore worth of land across 23 cities. The surge in residential projects, particularly in Tier 1 and emerging Tier 2 cities, highlights a shift in development strategies. JLL’s report emphasizes the growing demand for housing, investment trends, and the evolving financing landscape in India’s property market.