Browsing Tag

Mumbai Metropolitan Region

17 posts
Mumbai’s August 2025 property registrations fell to 11,230 and stamp duty to ₹1,000 crore, down 11% and 19% month-on-month. The dip signals a demand pause ahead of the festive season, with pricing and offers set to decide the next leg.

Raheja Universal Achieves Staggering ₹1,726 Crore Sales Milestone at Solaris, Navi Mumbai

Raheja Universal has successfully closed sales on all 956 units of its Solaris residential project in Navi Mumbai’s Raheja District, generating a total of ₹1,726 crore. This significant achievement highlights the demand for well-planned, amenity-rich homes in the rapidly growing Vashi NX micro-market. Following this success, Raheja Universal is now set to launch Lunaris, the next phase of urban-fit homes in the thriving township.
Bigdome Infra Private Limited Acquires Prime Land Parcel in Kamba for Rs. 130 Crore

Land Parcel Sold in Kamba (Kalyan) for Rs. 130 Crore

Bigdome Infra Private Limited has made a major real estate investment in Kamba, Kalyan-Dombivli, acquiring 68.91 hectares of land for ₹130 crore. This move aligns with the company’s expansion strategy, capitalizing on the region’s infrastructure development and rising investor interest.
Lodha

Lodha Golfview in Palava Sees Two Transactions Valued at ₹8.5 Cr Each

In 2024, Lodha Golfview in Palava recorded two standout property transactions, each valued at ₹8.5 crore, signaling a shift in the Kalyan-Dombivli market toward luxury real estate. These high-value sales highlight the growing demand for premium homes in emerging locations outside Mumbai’s traditional luxury neighborhoods. With properties priced at ₹15,200 per square foot, Palava is reshaping perceptions of luxury living in the Mumbai Metropolitan Region.
MahaRERA

MahaRERA Cracks Down on 11,000 Lapsed Housing Projects

MahaRERA has issued show cause notices to nearly 11,000 lapsed housing projects across Maharashtra, urging developers to submit Occupancy Certificates or seek deadline extensions within 30 days. Non-compliance could result in project suspension, restricted flat sales, and frozen bank accounts.
Maharashtra Revenue Minister Chandrashekhar Bawankule has announced a major policy change to permit legal registration of 1 guntha plots—approximately 1,089 sq ft—in residential zones. The proposed bill, likely to be introduced in the current Assembly session, aims to simplify land subdivision but still requires NA conversion for agricultural land. Here’s what homebuyers need to know.

Real Estate Industry Optimistic About Maharashtra’s Future Under Mahayuti Government

Following the historic victory of the Mahayuti alliance in Maharashtra’s recent elections, the real estate industry is optimistic about the future. CREDAI-MCHI President Domnic Romell shares his hopes for continued growth in the Mumbai Metropolitan Region, focusing on affordable housing, infrastructure development, and streamlined policies that will support the state’s economic progress.