Hiranandani Communities Launches ₹1,100 Crore Luxury Residential Project ‘The Arena’ in Panvel

Hiranandani Communities has unveiled The Arena, a ₹1,100 crore luxury residential project in Panvel’s Hiranandani Fortune City. Spread over 10+ acres, the development features 1,700+ premium residences with modern amenities and is set to benefit from Panvel’s booming infrastructure growth, including the Navi Mumbai Airport and MTHL.

MHADA Allottee Gets Flat After 2-Year Wait at Lokshahi Din

At MHADA’s 12th Lokshahi Din, a two-year wait ended for a flat allottee as officials ordered immediate possession of the allotted home. Other citizen issues like illegal construction in Goregaon, stalled redevelopment in Kalina, and repair requests in Girgaon were also addressed swiftly.

MHADA to Offer ₹20,000 Monthly Rent for Residents of 96 Most Dangerous Cessed Buildings

MHADA has announced a ₹20,000 monthly rent compensation for tenants of 96 highly dangerous cessed buildings identified in its 2025 pre-monsoon survey. With limited transit housing available, the authority will lease 400 new units for temporary accommodation. All related costs will be recovered from developers or societies redeveloping the affected buildings.

Mumbai Sees 2nd Continuous Dip in Property Registrations – Is the Real Estate Bubble About to Burst?

Mumbai’s property market witnessed its second straight monthly decline in registrations in May 2025, raising concerns over a potential slowdown. While mid-segment housing saw a dip, luxury property sales surged, keeping government revenue stable. Could this be an early sign of a real estate correction?

Mumbai Sees India’s Costliest Home Sale at Rs 639 Crore

Mumbai’s luxury real estate market witnesses a historic event as a Rs 639 crore deal for sea-facing duplex apartments in Worli sets a new national record for residential property sales.