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.

Mumbai Property Valuation Rates Hiked by 3.39%, Govt Announces New ASR

The Maharashtra government has increased Mumbai’s property valuation rates by 3.39% for the financial year 2025-26. The hike is part of the Annual Statement of Rates (ASR), which determines stamp duty and registration charges. The revision reflects rising property demand and infrastructure development. Learn more about how this affects buyers and sellers.

MHADA Sets Target to Construct 19,497 Houses in FY 2025-26

The Maharashtra Housing and Area Development Authority (MHADA) has set a target to construct 19,497 housing units across the state in the financial year 2025-26. With a budget allocation of ₹15,951.23 crore, Mumbai alone will see 5,199 new units, focusing on key redevelopment projects like BDD Chawl, Goregaon Siddharth Nagar, and more.

Mumbai Sees Average Property Registrations on Gudi Padwa: 489 of 2,000 Documents Registered Are Properties

On Gudi Padwa 2025, Mumbai recorded around 2,000 document registrations, including 489 property deals, indicating stagnation in the real estate sector despite the auspicious occasion. Experts attribute the average numbers to economic uncertainties and high property prices.

Bennett Coleman & Co. Ltd. Acquires Four Commercial Spaces in Mumbai for ₹262 Crore

Bennett Coleman & Co. Ltd. (The Times Group) has acquired four prime commercial spaces in Santacruz East, Mumbai, for ₹262 crore. The acquisition, located in Kalpataru Infinia, spans over 43,622 sq. ft. of built-up area and 39,642 sq. ft. of carpet area. Strategically positioned near Bandra Kurla Complex (BKC) with excellent connectivity, this investment underscores BCCL’s commitment to expanding its operational footprint in India’s financial capital.