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Mumbai Real Estate

463 posts
ED allows release of assets attached under PMLA to support insolvency resolution under IBC.

ED Allows Release of Attached Assets to Help IBC Resolution, Boost Recovery for Banks & Homebuyers

ED and IBBI introduce a unified mechanism allowing release of PMLA-attached assets for IBC resolution. This move is expected to unlock value in stalled insolvency cases and improve recovery for creditors and homebuyers.
“Being the owner gives you preferential rights, but not unlimited time.” In a firm order, SRA removes a private landowner as developer after three years of zero progress on a Lower Parel slum scheme, prioritising slum dwellers’ right to timely rehabilitation.

No Inheritance Without Consent: Bombay HC Says Tenancy Transfers on Public Premises Need Landlord Approval

The Bombay High Court has ruled that tenancy rights cannot override contractual restrictions on public premises, upholding LIC’s eviction of Niloufer Marshall from a Mumbai flat. Learn the implications in 2025.
India’s Global Capability Centres leased a record 31 million sq ft in 2025, transforming cities, creating jobs, and driving real estate demand as companies expand beyond metros into Tier-II markets.

Maharashtra’s GCC Policy 2025: Attracting 400,000 Jobs and ₹50,600 Crore Investments, Set to Surge Commercial Real Estate Demand

Maharashtra launches GCC Policy 2025, eyeing 400,000 jobs and ₹50,600 crore investments—while supercharging real estate with massive office demand in new clusters.
Despite the festive season, Mumbai’s property registrations dipped 15% in October 2025 to 10,947, with stamp duty revenue falling 19%. High prices and affordability issues dampened homebuying sentiment in what’s usually the city’s strongest sales month.

📉 Mumbai Property Registrations Dip 15% in October 2025 Despite Festive Season — A Worrying Signal for Real Estate Market

Despite the festive season, Mumbai’s property registrations dipped 15% in October 2025 to 10,947, with stamp duty revenue falling 19%. High prices and affordability issues dampened homebuying sentiment in what’s usually the city’s strongest sales month.
In a sharp rebuke to misuse of public interest litigation, the Bombay High Court on April 8, 2026, dismissed a 13-year-old PIL challenging the redevelopment of a luxury tower on Altamount Road, calling it a private grievance disguised as a public cause. The court noted that the building was already constructed and partly occupied as per valid approvals, with no proven safety hazards.

No One Can Use Society Facilities Without Paying Their Share: Bombay High Court Rules in ₹12 Lakh Maintenance Dues Case

The Bombay High Court has ruled that residents, including legal heirs, cannot use a housing society’s facilities without paying maintenance dues — ordering payment of ₹12.15 lakh with 9% interest.