Mumbai Property Market Shows Strong Momentum in July 2025, Luxury Segment Gains Traction

Mumbai recorded 12,579 property registrations in July 2025, with compact homes dominating and luxury housing gaining share. The Western suburbs led activity, supported by infrastructure growth and end-user demand.

Maharashtra Cabinet Approves Stamp Duty Relief For Dharavi Redevelopment

In a bid to expedite the Dharavi Redevelopment Project, the Maharashtra Cabinet has approved stamp duty concessions on lease agreements involving the project’s SPV and the Rail Land Development Authority. The relief aims to reduce transaction costs and accelerate the start of construction on one of India’s most ambitious urban renewal initiatives.

Suraj Estate Developers Acquires Land in Mahim West for Rs. 101 Crores

Suraj Estate Developers has acquired a vacant land parcel at Senapati Bapat Marg, Mahim West, for Rs. 101 crores. The development, which will feature 2.10 lakh square feet of RERA Carpet area, is set to become a major commercial project with an estimated GDV of Rs. 1,000 crores. The strategic location offers excellent connectivity, ensuring significant growth potential for the project.

MMRDA Secures Rs. 31,673.79 Crore Loan to Accelerate Major Infrastructure Projects in MMR

The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a substantial loan to fast-track nine key infrastructure projects, including the Thane-Borivali Twin Tunnel Project, aimed at improving connectivity and boosting the region’s economic potential.

Mumbai Unveils Its First Double-Decker Flyover Featuring an Integrated Metro Line

Mumbai has unveiled its first double-decker flyover, which integrates an elevated road with a metro line. Constructed by the Mumbai Metropolitan Region Development Authority (MMRDA), this innovative project aims to alleviate traffic congestion and improve public transportation efficiency. The flyover, expected to be fully operational by early 2025, promises to enhance connectivity and streamline urban mobility.