Browsing Tag

Mumbai Real Estate

532 posts
ANAROCK’s AI data shows ₹50L–₹1Cr homes dominating buyer demand between 2022 and 2024, older age groups leading purchases, and brokers gaining importance as digital leads decline.

Premium Housing Surges as Mass Segment Slows: 62% of India’s H1 2025 Sales Now Above ₹1 Crore

In H1 2025, India’s housing market saw a 13% decline in total sales, but premium homes priced above ₹1 crore surged to form 62% of transactions. Q2 saw a 7% rise in sales, signaling a market shift towards high-value, luxury housing.
In a key ruling, MahaRERA held that even when an Agreement for Sale is silent on the possession date, the builder must hand over the flat within a reasonable period of three years from the agreement date — failing which, interest is payable for the delay period. The order in the Mauli Omkar project case awarded interest from March 2019 to April 2023 to complainant Sabirali Tufhel Shaikh.

MahaRERA Must Allow In-Person Hearings Too, Rules Bombay High CourtVirtual-only model no longer acceptable; hybrid system mandatory within four weeks

In a major boost for homebuyers, the Bombay High Court has ordered MahaRERA to start hybrid hearings, giving litigants the choice to appear physically or virtually. The court criticized the Authority’s virtual-only model and directed urgent reforms in how real estate cases and execution matters are handled.
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’s ₹10 Cr+ Luxury Homes Clock Record Sales of ₹14,750 Cr in H1 2025

Mumbai’s ₹10 crore+ luxury housing market hit a historic high in H1 2025, recording ₹14,750 crore in sales—its best half-year ever. A total of 1,335 units were sold in 12 months, with Worli, Bandra West, and Tardeo leading the charge.
MHADA

Why Are Thousands Rushing to Apply for the MHADA Konkan Lottery

Over 9,000 applications have already been submitted for the MHADA Konkan Lottery 2025. Here’s why affordable pricing, strategic locations, and a transparent lottery process are attracting so many homebuyers.
Ashwin Sheth Group secures development rights for 4.05 acres of MHADA land in Goregaon West for a ₹3,800 Cr premium residential project featuring five towers, including a 60-storey landmark tower.

Ashwin Sheth Group Acquires MHADA Land in Goregaon West for ₹3,800 Cr Premium Residential Project

Ashwin Sheth Group secures development rights for 4.05 acres of MHADA land in Goregaon West for a ₹3,800 Cr premium residential project featuring five towers, including a 60-storey landmark tower.