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mumbai real estate news

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Maharashtra has kept Ready Reckoner rates unchanged for FY 2026–27, ensuring no increase in stamp duty for homebuyers. While the move supports affordability, the absence of a rate cut has left some expectations unmet.

Ready Reckoner Rates Unchanged for FY 2026–27: Relief for Homebuyers, But No Rate Cut Disappoints Some

Maharashtra has kept Ready Reckoner rates unchanged for FY 2026–27, ensuring no increase in stamp duty for homebuyers. While the move supports affordability, the absence of a rate cut has left some expectations unmet.
MHADA

MHADA Mumbai Lottery 2026: 2,640 Flats Announced Across Income Groups; Applications Open March 30

MHADA has launched its Mumbai Lottery 2026 offering 2,640 flats across income groups. Applications open March 30, with the draw scheduled for May 15.
In a significant ruling, MahaRERA has allowed fresh registration for Parinee Eminence Phase 1 under a new promoter while clarifying that previous homebuyers cannot enforce their agreements against the incoming developer. Old claims remain against the terminated promoter, with a lien created for protection.

New Builder Takes Over Stalled Andheri SRA Project; RERA Imposes Lien to Protect Homebuyers

MahaRERA has directed the new developer of Andheri’s Nest Wing B project to withhold full payment to the outgoing builder until old homebuyers’ dues are cleared. The February 2, 2026 order revives the stalled SRA scheme while keeping existing allottees’ claims alive against SSSC Escatics through a lien and abeyance of the old registration.
Oberoi Realty has signed a development agreement for MHADA-owned land in Versova’s Aram Nagar, with an estimated free sale potential of 17.18 lakh sq ft under DCPR 2034, subject to approvals.

Oberoi Realty Signs MHADA Deal for Versova Project; 17.18 Lakh Sq Ft Sale Potential

Oberoi Realty has signed a development agreement for MHADA-owned land in Versova’s Aram Nagar, with an estimated free sale potential of 17.18 lakh sq ft under DCPR 2034, subject to approvals.
Oberoi Realty

Oberoi Realty Reports Steady Growth in Q3FY26 and 9MFY26; PAT Touches ₹1,803 Crore

Oberoi Realty reported steady growth in Q3FY26 and 9MFY26, with consolidated PAT of ₹1,803 crore, supported by resilient luxury housing demand and stable commercial and retail performance.