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mumbai real estate news

32 posts
As India heads into 2026, real estate leaders see sustained demand across housing segments, rising importance of redevelopment, rapid growth in Tier-2 cities, and new asset classes shaping a more diversified and future-ready property market.

Mumbai Homebuyers Shift Gears: Premium Homes & 2BHKs Lead as Affordable Demand Fades

Mumbai’s housing market is seeing a clear tilt towards premium living, reveals ANAROCK’s Homebuyer Sentiment Survey (H1 2025). While demand for affordable homes in the city’s peripheries is weakening, a growing share of buyers prefer 2BHK units in the ₹90 lakh–₹1.5 Cr price bracket. The survey highlights that 81% of MMR homebuyers are concerned about rising prices, which have jumped across key micro-markets, from ₹24,950 per sq. ft. in Central Suburbs to ₹44,000 per sq. ft. in South Central Mumbai. New launches have moderated by 24% year-on-year, but trust in branded developers and the promise of timely delivery is driving demand. For Mumbai homebuyers, the choice is now clear: better location, better quality, and better value — even if it costs more.
Dharavi, Asia's largest slum

Maharashtra Govt Sets Up Committee to Resolve Salt Pan Land Legal Disputes for Dharavi Redevelopment

The Maharashtra government has set up a committee to resolve pending court cases over salt pan lands at Kanjurmarg and Bhandup, crucial for the Dharavi Redevelopment Project. The move clears the way for construction of rental and affordable housing for ineligible residents displaced under the scheme. The panel, led by senior officials including the Additional Chief Secretaries of Revenue, Housing, and Urban Development, will guide legal action to unlock 255.9 acres of land approved for transfer by the Centre.
MHADA

MHADA Extends Deadline for E-Auction of 149 Commercial Premises in Mumbai

The Mumbai Housing and Area Development Board (MHADA) has extended the deadline for registration and application submission for the e-auction of 149 commercial premises across Mumbai. Applicants can now apply until September 16, 2025, with the bidding set for September 18 and results on September 19. The premises are spread across locations such as Malvani, Charkop, Powai, Kandivali, Goregaon, Sion, and Wadala.
GST

GST Cut on Cement: Will Homebuyers Really Benefit, or Will Developers Pocket the Gains?

The GST Council’s decision to cut cement tax rates to 18% is expected to reduce construction costs by 3–5%. But will this relief ever reach homebuyers? Drawing from two decades of reporting on real estate, Varun Singh argues that past experience shows developers rarely pass on such benefits. From premium reductions to infrastructure boosts like the Coastal Road, home prices have only risen. Unless homebuyers collectively demand accountability, this GST relief too may remain only in builders’ profit books.
Oberoi Realty

Oberoi Realty Reports ₹1,073.98 Cr Revenue in Q1 FY26

Oberoi Realty reports ₹421 crore profit in Q1 FY26 on ₹1,073.98 crore revenue. Luxury housing demand, Elysian launch, and national awards underline its market leadership and growth momentum.