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Mumbai Real Estate

451 posts
Rustomjee Group launches a 35,000 sq. ft. labour housing facility at Urbania in Thane, offering accommodation for 500 workers with modern amenities, safety systems, and eco-conscious infrastructure.

Rustomjee Launches 35,000 Sq. Ft. Labour Housing Facility for 500 Workers at Urbania Project in Thane

Rustomjee Group has introduced a first-of-its-kind, on-site labour housing facility at its Urbania project in Thane. Spanning 35,000 sq. ft., the housing will accommodate 500 workers and includes modern safety, sanitation, and recreational amenities—setting a new standard for worker welfare in Indian real estate.
Lodha brothers, Abhishek and Abhinandan, resolve their disputes amicably.

Lodha Brothers Resolve Disputes, Clarify Brand Ownership

In a major development for the Indian real estate industry, Abhishek and Abhinandan Lodha have amicably resolved all disputes under the guidance of their family and legal mediators. The Lodha Group and House of Abhinandan Lodha will now operate independently with clearly defined brand ownerships.

Adani Group’s Mah-Hill Properties Acquires Prime Malabar Hill Land for ₹170 Crore

Mah-Hill Properties Pvt Ltd, a subsidiary of the Adani Group, has expanded its portfolio with the acquisition of a prime land parcel in the prestigious Malabar Hill area of South Mumbai for ₹170 crore, according to property registration documents. The transaction involved the transfer of ownership of over 48,000 sq ft of land from Behram Nowrosji Gamadia, which also includes a 257 sq m structure. Records indicate that this property boasts a rich history, with ownership rooted in the pre-independence era and passed down through the Gamadia family.
BKC

MMRDA’s BKC Plot Auction Fetches Record-Breaking Prices: Sumitomo and Brookfield Secure Prime Land

The Mumbai Metropolitan Region Development Authority (MMRDA) has set a new record with its latest land auction in Bandra-Kurla Complex (BKC), fetching prices well above the reserve rate. Sumitomo Corporation acquired two prime plots at ₹4,82,000 per square meter, while Brookfield secured another at ₹3,87,000 per square meter. This historic auction highlights BKC’s growing demand among global investors and reinforces Mumbai’s status as a premier commercial hub.

15-Year Wait Ends for Siddharth Nagar (Patra Chawl) Residents as MHADA Conducts Lottery for 663 Homes in Goregaon

The 15-year-long wait for residents of Siddharth Nagar (Patra Chawl) in Goregaon (West) has finally ended, as MHADA conducted a computerized lottery for 663 rehabilitation tenements. Held under strict transparency measures, the allotment ensures rightful residents receive their homes. Possession begins on April 7, 2025, with continued rent compensation until May. MHADA has also approved a solar power system and gym equipment for the housing society, marking a new chapter for residents.