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Mumbai Real Estate

218 posts
Mumbai

Mumbai’s Real Estate Boom: A Developer’s Perspective on Rising Property Registrations

Mumbai’s real estate market is booming, with record property registrations fueled by favorable government policies, evolving buyer preferences, and strategic developer initiatives. In Q3 2024, the Mumbai Metropolitan Region (MMR) captured 32% of India’s total real estate market share, driven by strong demand for mid-income and affordable housing in suburban areas like Thane, Navi Mumbai, and Panvel. Developers are adapting by offering attractive festive discounts, virtual property tours, and focusing on modern amenities and improved connectivity to meet the changing needs of homebuyers.
Blox

Blox Acquires Strategic Stake in Guardians,

Blox, India’s leading digital real estate platform, has acquired an 11% stake in Guardians for $12 million, with plans to increase its stake to 50% in the next three years. This acquisition strengthens Blox’s position as India’s largest real estate seller, targeting $10 billion in Gross Transaction Value (GTV) over the next 3-5 years. Combining AI-driven tech with a unique D2C and broker-led B2B2C model, Blox is reshaping how developers, brokers, and buyers interact in India’s booming real estate market.
commercial real estate

Strong Performance in India’s Commercial Real Estate Market in H1 2024 Driven by Infrastructure, Demand, and Optimism

India’s commercial real estate market showed positive growth in the first half of 2024, driven by strong demand for office spaces in key cities like Mumbai, NCR, Bengaluru, and Chennai. Infrastructure development, economic recovery, and evolving work models are fueling leasing activity across the country.

GKW Partners with Mahindra Lifespace Developers for Major Mixed-Use Development in Bhandup, Mumbai

GKW has teamed up with Mahindra Lifespace Developers to transform a 37-acre land parcel in Bhandup, Mumbai, into one of the city’s largest urban mixed-use developments. The project, which will feature residential, commercial, and retail components, aims to capitalize on the area’s excellent connectivity and growing real estate potential.
City Centre Mall Caught Fire on Thursday

FLAMES IN THE CONCRETE JUNGLE: FIRE SAFETY CONCERNS IN MUMBAI

As Mumbai’s real estate market grows, fire safety has become a pressing issue, especially in high-rise buildings. This article examines the rising number of fire incidents, the risks posed by materials like Aluminum Composite Panels and glass façades, and the critical need for improved fire safety measures, including Fire Evacuation Lifts and Fire Towers, to protect the city’s residents.