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Mumbai Real Estate

475 posts
MHADA resolves a 2-year pending flat allotment case at Lokshahi Din, ensuring quick possession for an eligible resident. Key citizen complaints on redevelopment, repairs, and illegal construction also addressed.

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

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 recorded 12,070 property registrations in September 2025, marking a 32% YoY rise and the best September since 2013. Stamp duty revenues grew 47% YoY to ₹1,292 crore, boosted by festive demand and strong buyer confidence in suburban markets.

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?
Nama Xana, Worli

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.
Based on the provided news article, here is an excerpt that captures the essence of the ruling: "In a significant legal victory for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaRERA Tribunal) has delivered a detailed order affirming the retroactive power of the Real Estate (Regulation and Development) Act, 2016 (RERA Act). The ruling came in the appeals of two allottees from an incomplete project in Malad, solidifying the protection RERA offers to consumers even for agreements made before the law was enacted.

Mumbai Builder Ordered to Fix Rs. 70 Lakh Structural Defects in Andheri Project

In a strong move to protect homebuyers, MahaRERA has ordered Cosmos Homes India Pvt. Ltd. to carry out urgent repairs worth over Rs. 70 lakh in its Cosmopolis Phase 1 project in Andheri. The order comes after repeated complaints from residents about persistent leakages, lift failures, and unsafe living conditions.