Browsing Tag

Mumbai property

22 posts
India’s top 8 metros doubled their built-up footprint to 4,308 sq. km. in 30 years. Pune recorded the highest growth at 332%, while Delhi NCR added the most land—400 sq. km.—making it the largest metro footprint in the country.

Mumbai Property Registrations Reach All-Time High in First Half of 2025

Mumbai’s property market achieved an all-time high in the first half of 2025, recording 75,672 property registrations and INR 6,699 crore in revenue. This growth, detailed with insights from ANAROCK’s Anuj Puri, highlights a resilient market with increasing sales of high-ticket homes despite a slight dip in overall transaction volume for June.
MahaRERA has redesigned its registration certificate to include detailed housing project information such as built-up area, number of units, floors, and parking.

Homebuyers Alert: MahaRERA Certificate Now Comes with Full Project Details

In a major move to protect homebuyers, MahaRERA has upgraded its registration certificates to include all crucial project details in bullet points, such as total built-up area, unit count, approved floors, and parking availability. This pro-consumer step ensures easier access to accurate project information at a glance.
Based on the provided news article, here is an excerpt that captures the essence of the ruling: "In a significant legal victory for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaRERA Tribunal) has delivered a detailed order affirming the retroactive power of the Real Estate (Regulation and Development) Act, 2016 (RERA Act). The ruling came in the appeals of two allottees from an incomplete project in Malad, solidifying the protection RERA offers to consumers even for agreements made before the law was enacted.

MREAT Rules Part OC No Shield: Lodha Group to Pay Interest for Delay in Possession

In a major boost for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MREAT) has ordered Lodha Crown Buildmart Pvt. Ltd. to pay interest for delayed possession of flats in the New Cuffe Parade project. The Tribunal clarified that partial Occupancy Certificates do not exempt builders from liability and reinforced that delay must be calculated from the date promised in the sale agreement.
Mumbai recorded 12,070 property registrations in September 2025, marking a 32% YoY rise and the best September since 2013. Stamp duty revenues grew 47% YoY to ₹1,292 crore, boosted by festive demand and strong buyer confidence in suburban markets.

Mumbai’s Rental Agreements Increasingly Go Digital: 88,267 E-Registrations Recorded in Q1 2025

In the first three months of 2025, Mumbai saw 96,322 rental agreements registered. A significant 88,267 of these were e-registrations, indicating a strong trend towards digital processing in the city’s rental market.

KL Rahul and Suniel Shetty Acquire Prime Land in Thane for ₹9.85 Crore

Indian cricketer KL Rahul and Bollywood actor Suniel Shetty have purchased 7 acres of undivided land in Thane West’s Owale locality for ₹9.85 crore. Located near Ghodbunder Road, this strategic acquisition marks another high-profile entry into Mumbai’s booming real estate sector.