[recent_post_slider design="design-1" limit="5" show_category_name="false" show_author="false"]

Ajmera Realty Secures Redevelopment Project in Andheri West, Targets ₹320 Crore Revenue

Ajmera Realty has been appointed to redevelop the Ascot Co-operative Housing Society in Andheri West, Mumbai. The project, spanning 2,319 sq. mt., is expected to generate ₹320 crore in revenue and add 71,300 sq. ft. of carpet area. This redevelopment aligns with the company’s focus on strategic asset-light acquisitions and strengthening its presence in Mumbai’s micro-markets.

Home Prices Surge Faster Than Rents in Key Indian Cities

New data from ANAROCK reveals that capital values in major Indian cities have risen faster than rental growth between 2021 and 2024. Noida’s Sector-150 led the surge with a 128% increase, while Hyderabad, Bengaluru, and Mumbai Metropolitan Region (MMR) also saw substantial appreciation. Meanwhile, cities like Pune, Kolkata, and Chennai experienced higher rental growth than home price increases, signaling key trends for investors and homebuyers.

Flat Sold for ₹187 Crore in Mumbai’s Worli

A high-value real estate transaction has taken place in Mumbai’s Worli, with SR Menon Properties LLP purchasing a luxury apartment for ₹187 crore.

625-Day Delay Costs Homebuyers Their Appeal: MahaRERA Tribunal Refuses to Budge

In a landmark decision, the Maharashtra Real Estate Appellate Tribunal (MREAT) dismissed two appeals due to a shocking 625-day delay in filing. The tribunal ruled that mere miscommunication with legal counsel does not justify missing statutory deadlines. This verdict serves as a warning to homebuyers and litigants—time is of the essence in real estate disputes.

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.