Railways to Monetise Nearly 20 Acres of Prime Mumbai Land for Over ₹8,092 Crore

The Indian Railways’ Rail Land Development Authority (RLDA) is set to transform Mumbai’s urban landscape by monetizing close to 20 acres of prime railway land in Bandra East, Parel, and Mahalaxmi. This ambitious project, with a targeted value of over ₹8,092 crore, is designed to create a significant non-tariff revenue stream for the railways while injecting a much-needed supply of new commercial and residential properties into Mumbai’s perpetually constrained real estate market. Offered on a long-term, 99-year lease, the initiative aims to attract leading developers through a transparent e-tendering process, signaling a major step in unlocking the value of railway assets for urban growth and infrastructure modernization.

Tiger Shroff Sells Khar Apartment for ₹15.6 Cr, Earns Nearly ₹4 Cr Profit

Tiger Shroff has sold his luxury apartment in Rustomjee Paramount, Khar, for ₹15.6 crore, earning nearly ₹4 crore over his 2018 purchase price. The deal highlights both the star’s smart investment and the strength of Mumbai’s prime real estate market.

Delayed Homes, Missing Promises: MahaRERA Clears Over 5,000 Complaints in 10 Months

MahaRERA has cleared more than 5,000 homebuyer complaints in just 10 months, a move that brings long-awaited relief to families struggling with delayed homes and broken promises. With faster hearings and tighter checks on new projects, the regulator is aiming to protect buyers and prevent future disputes.

Railways Floats Tender for 99-Year Lease of Mahalaxmi Railway Land Worth Nearly ₹1,000 Crore

The RLDA has announced a major land lease opportunity in Mumbai’s Mahalaxmi, inviting bids for the 99-year lease of 10,801 sqm land valued at nearly ₹1,000 crore.

Sugee Group Enters Second Homes Market with Gated Plotted Development in Karjat

Sugee Group has entered the second-home market with a gated plotted development project in Karjat, launched in partnership with ACE Dealmakers and Purnasya. The project offers freehold NA plots with infrastructure, targeting families and investors.