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Mumbai Real Estate

451 posts
Atul Projects has secured redevelopment rights for a 2.76-acre land parcel in Borivali West, launching a ₹750 crore premium housing project along SV Road. With luxury 2, 3, and 4 BHK homes, the development aims to elevate the residential landscape of the western suburbs.

Atul Projects Secures 2.76-Acre Redevelopment in Borivali West; ₹750 Cr GDV Project to Transform SV Road Micro-Market

Atul Projects has secured redevelopment rights for a 2.76-acre land parcel in Borivali West, launching a ₹750 crore premium housing project along SV Road. With luxury 2, 3, and 4 BHK homes, the development aims to elevate the residential landscape of the western suburbs.
In a landmark ruling on November 25, 2025, the Bombay High Court clarified that the contractual term 'built-up area wall to wall' equates to carpet area, dismissing a developer's challenge to an arbitral award in a Mumbai land development dispute. The decision highlights the need for precise language in real estate agreements to prevent ambiguities over usable space.

📰 Housing Society Committees Cannot Be Removed Arbitrarily by Cooperative Officials: Bombay High Court

Justice Amit Borkar of the Bombay High Court has ruled that housing society committees cannot be removed arbitrarily by cooperative officials. Quashing the Jijau Cooperative Housing Society’s supersession, the court held that any such action must strictly follow due process under Section 78A of the Maharashtra Cooperative Societies Act.
BMC Commissioner Bhushan Gagrani has urged Mumbai’s builders to follow pollution control norms at construction sites and install air quality sensors, warning that violations could lead to projects being halted.

Follow Dust Control Rules or Risk Project Halt, BMC Commissioner Warns Mumbai Builders

BMC Commissioner Bhushan Gagrani has urged Mumbai’s builders to follow pollution control norms at construction sites and install air quality sensors, warning that violations could lead to projects being halted.
India’s housing market is entering a new phase of “value growth without volume,” with ANAROCK projecting over ₹6.65 lakh crore in home sales value in FY26 — up nearly 20% year-on-year. But unit sales are expected to stagnate as luxury homes dominate new supply and affordability weakens in key cities.

Home Sales May Hit ₹6.65 Lakh Crore in FY26 — But Volumes Could Flatline

India’s housing market is entering a new phase of “value growth without volume,” with ANAROCK projecting over ₹6.65 lakh crore in home sales value in FY26 — up nearly 20% year-on-year. But unit sales are expected to stagnate as luxury homes dominate new supply and affordability weakens in key cities.
India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.

Even Unregistered Allotment Letters Before RERA Hold Value If Money Was Paid and Flats Promised

MahaRERA’s latest order states that even pre-RERA allotment letters are valid proof of flat booking if money was paid and possession was promised. AAP Realtors and Samta Builders have been ordered to refund or allot alternate flats in the Tirumala Habitats project, with a ₹1 lakh penalty for non-disclosure.