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Mumbai Real Estate

532 posts

Railways Floats Tender for 99-Year Lease of Mahalaxmi Railway Land Worth Nearly ₹1,000 Crore

The RLDA has announced a major land lease opportunity in Mumbai’s Mahalaxmi, inviting bids for the 99-year lease of 10,801 sqm land valued at nearly ₹1,000 crore.
Sugee Group has entered the second-home market with a gated plotted development project in Karjat, launched in partnership with ACE Dealmakers and Purnasya. The project offers freehold NA plots with infrastructure, targeting families and investors.

Sugee Group Enters Second Homes Market with Gated Plotted Development in Karjat

Sugee Group has entered the second-home market with a gated plotted development project in Karjat, launched in partnership with ACE Dealmakers and Purnasya. The project offers freehold NA plots with infrastructure, targeting families and investors.
Mumbai’s August 2025 property registrations fell to 11,230 and stamp duty to ₹1,000 crore, down 11% and 19% month-on-month. The dip signals a demand pause ahead of the festive season, with pricing and offers set to decide the next leg.

Mumbai Property Registrations Down 11% MoM in Aug 2025; Stamp Duty Revenue Slips 19% to ₹1,000 Cr

Mumbai’s August 2025 property registrations fell to 11,230 and stamp duty to ₹1,000 crore, down 11% and 19% month-on-month. The dip signals a demand pause ahead of the festive season, with pricing and offers set to decide the next leg.
Bollywood actress and MP Hema Malini sold two Oberoi Springs flats in Andheri West, Mumbai, for ₹12.50 crore. The deal sets a clear benchmark for luxury housing prices in the area and underscores Andheri West’s status as a prime property market.

Hema Malini Sells Two Flats in Mumbai’s Oberoi Springs for ₹12.5 Cr

Bollywood actress and MP Hema Malini sold two Oberoi Springs flats in Andheri West, Mumbai, for ₹12.50 crore. The deal sets a clear benchmark for luxury housing prices in the area and underscores Andheri West’s status as a prime property market.
The Bihar RERA has fined a developer ₹1 lakh for displaying "Coming Soon" posters and online ads for an unregistered project, holding that even minimal promotions violate Section 3 of the RERA Act and defeat buyer protection goals.

Relief for Flat Buyers: Tribunal Blocks Builder’s Move to Avoid Refunds

In a landmark relief for homebuyers, the Maharashtra Real Estate Appellate Tribunal has stayed a MahaRERA order that overturned refund reliefs, ruling that review powers cannot amend substantive orders. This precedent strengthens homebuyer protections against promoter tactics.