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Mumbai Real Estate

187 posts
Reduce prices to survive or suffer: Piyush Goyal to Builders

Union Minister Piyush Goyal Shares His Struggles with Mumbai Developer

Piyush Goyal recently shared his personal struggles with a Mumbai developer at an event organized by the developer fraternity. He recounted how, despite purchasing his home in 2010, it took five years to obtain the Occupation Certificate after the property was completed in 2012. Goyal’s experience highlights the challenges many homebuyers faced in the pre-RERA era and underscores the need for ongoing reforms in the real estate sector.
residential real estate

Residential Rentals Surge in Mumbai’s Western Suburbs Amid High Demand

rental market in Mumbai’s western suburbs is seeing a sharp increase in prices, fueled by high demand and a limited supply of quality homes. Localities like Andheri, Goregaon, Malad, and Borivali are at the forefront of this trend, attracting both locals and expatriates seeking modern living spaces. Experts predict this upward trend will continue as infrastructure development progresses, creating lucrative opportunities for investors.
MHADA

MHADA Lottery: Over 1.34 Lakh Applications Received

MHADA has declared a lottery for 2030 homes in Mumbai, closing applications with over 134,000 received by the September 19 deadline. The lottery, scheduled for October 8, presents applicants with odds of 0.015% for securing a home, highlighting the high demand for affordable housing in the city.

Actor Prithviraj Acquires Luxury Duplex in Mumbai for ₹30.6 Crore

Actor and filmmaker Prithviraj Sukumaran’s production house has acquired a luxury duplex in Pali Hill, Bandra, Mumbai for Rs. 30.6 crore. The deal, finalized in September 2024, includes a built-up area of 2,971 sq. ft. and four car parking spaces.

Puravankara Expands Redevelopment Portfolio with High-Profile Projects in Mumbai

Puravankara Limited has significantly expanded its redevelopment portfolio with two major projects. In Mumbai, the company has acquired redevelopment rights for the prestigious Miami Apartments in Breach Candy, marking its entry into the high-end South Mumbai market. Additionally, Puravankara is extending its presence in Lokhandwala, Andheri West, with new redevelopment projects. In Bengaluru, a Joint Development Agreement has been signed for a 1.95-acre land parcel in Electronics City, further bolstering Puravankara’s footprint in key real estate markets.