Maharashtra Government Hikes Ready Reckoner Rates for 2025-26; Property Prices Set to Rise

The Maharashtra government has announced a revision in Ready Reckoner Rates (RRR) for 2025-26, leading to an average hike of 3.89% across the state. Mumbai sees a 3.4% increase, while Thane, Solapur, and other key cities experience sharper hikes. This revision is set to impact property valuations, stamp duty, and registration charges, potentially raising real estate costs for buyers and investors. Industry experts urge a gradual approach to balance market stability and affordability.

Mumbai Records 15,501 Property Registrations in March 2025, Generating ₹1,589 Crore in Revenue

Mumbai recorded a significant increase in property registrations in March 2025, with 15,501 transactions generating ₹1,589 crore in stamp duty revenue. This marks a notable rise compared to March 2024 and February 2025, highlighting renewed activity in the city’s real estate market.

Gauri Khan Sells Dadar Apartment for ₹11.61 Crore, For 37% Profit

Gauri Khan, interior designer and wife of Bollywood superstar Shah Rukh Khan, has sold her luxury Dadar West apartment for ₹11.61 crore. The prime property, located in the upscale Kohinoor Altissimo project, has appreciated by 37% since its purchase in 2022. This sale highlights Mumbai’s booming luxury real estate market.

Runwal Enterprises Files for ₹1,000 Crore IPO to Expand Real Estate Footprint

Runwal Enterprises Limited, a major player in Mumbai’s real estate sector, has filed for a ₹1,000 crore IPO with SEBI. The funds will support debt repayment, investment in subsidiaries, and expansion into future real estate projects. The company’s financial performance shows significant growth, driven by revenue from residential projects.

Godrej Properties Limited Acquires Land from CIDCO on a 60-Year Lease in Navi Mumbai for ₹717 Crore

Godrej Properties Limited has acquired three contiguous land parcels in Kharghar, Navi Mumbai, from CIDCO on a 60-year lease for ₹717 crore. The 6.54-acre land is designated for mixed-use residential and commercial development. With Navi Mumbai’s real estate market booming, thanks to the Atal Setu and the upcoming Navi Mumbai International Airport, this move highlights developer confidence in the region’s future growth. Read the full report on this significant land deal.