Browsing Tag

Mumbai Real Estate

451 posts
Affordable housing

In Mumbai, You’ll Need to Spend 48% of Your Salary on EMI to Afford a Home

Knight Frank India’s 2025 Affordability Index reveals that Mumbai homebuyers need to spend 48% of their salary on EMI — the highest among Indian cities, despite slight improvement due to RBI rate cuts.
Maharashtra Government Allocates Rs. 19.50 Crore for Mumbai Metro Line-5 Project

Metro Line 2B Set to Transform Chembur into Mumbai’s Next Prime Real Estate Hub

With Metro Line 2B nearing completion, Chembur is rapidly evolving into one of Mumbai’s most promising growth corridors. Backed by robust infrastructure, rising demand, and increasing investor interest, the suburb is poised for a real estate boom—making it a top choice for both homebuyers and developers.
Actor R. Madhavan and wife Sarita lease their Rs. 17.50 crore BKC apartment for Rs. 6.5 lakh/month. 2-year rent deal brings estimated income of Rs. 1.60 crore.

R. Madhavan and Wife Sarita Lease BKC Apartment for Rs. 6.5 Lakh/Month, 2-Year Rental Deal Worth Rs. 1.60 Crore

Actor R. Madhavan and wife Sarita have rented out their Rs. 17.50 crore luxury apartment in BKC’s Signia Pearl for Rs. 6.5 lakh/month, generating an estimated Rs. 1.60 crore over two years.
MHADA

MHADA Floats Tender for Redevelopment of Jogeshwari’s PMGP Colony; Residents to Receive 450 Sq. Ft. Homes

MHADA has initiated the tender process for the long-pending redevelopment of PMGP Colony in Jogeshwari (East), Mumbai. Nearly 1,000 families living in 180 sq. ft. units will soon be rehabilitated into modern 450 sq. ft. homes. After delays with a private developer, MHADA will now execute the project through an EPC contractor over the next three and a half years.
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.

Apartment Loading Rises to 40% in Q1 2025, Highest in MMR

In Q1 2025, average apartment loading across India’s top 7 cities reached 40%, up from 31% in 2019, as per ANAROCK. MMR leads with the highest loading at 43%, while Bengaluru saw the sharpest rise. Experts link the increase to rising demand for luxury amenities — but warn that homebuyers now get just 60% of what they pay for as usable living space.