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Mumbai Real Estate

532 posts
MahaRERA

MahaRERA Becomes First in India to Cross 50,000 Housing Project Registrations

MahaRERA has made history by becoming the first and only state real estate authority in India to register over 50,000 housing projects. With 35% of the nation’s total registered housing developments, Maharashtra outpaces Tamil Nadu and Gujarat by a wide margin, reflecting its leadership in regulated real estate growth.
Pic Credit Ajay Devgn's Instagram profile

Ajay Devgn Leases Office Space in Mumbai, Set to Earn Over ₹3.3 Crore in 5 Years

Bollywood star Ajay Devgn has leased a premium office space in Mumbai’s Andheri West, set to earn over ₹3.3 crore in five years. The 2,545 sq. ft. unit, rented to Bombay Design Centre, is part of the Signature by Lotus complex. The deal showcases rising investor interest in commercial property and promising rental yields in key Mumbai micro-markets.
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.

Neelkanth Infracon Directed to Compensate Homebuyers for Delay

The Maharashtra Real Estate Appellate Tribunal has dismissed Neelkanth Infracon LLP’s appeal and upheld MahaRERA’s order mandating interest payments to homebuyers for delayed possession of flats in the “Neelkanth Kingdom” project.

Singer Rahul Vaidya and Family Sell Two Mumbai Apartments Worth ₹5 Crore

Popular singer and television personality Rahul Vaidya, along with his parents, has sold two residential apartments in Mumbai’s Oshiwara locality for a total of ₹5 crore. The properties, located in the upscale Samartha Aangan complex, were originally bought in 2008 and recently sold amid strong real estate momentum in the city.
India’s Ultra Luxury Home Market Soars: 49 Homes Above ₹ 100 Crore Sold for ₹ 7,500 Crore in Three Years

Mumbai Property Market Hits New High: 52,896 Registrations in Jan–April 2025, Revenue Jumps 21%

Mumbai’s property market has kicked off 2025 with record-breaking momentum. The city logged 52,896 property registrations and generated ₹4,633 crore in revenue between January and April — marking an 8% and 21% year-on-year increase, respectively. April 2025 alone saw over 13,000 deals, the highest in seven years, as festive optimism and demand for high-ticket homes boosted activity.