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Mumbai

292 posts
Dharavi, Asia's largest slum

Will BJP’s Continued Rule Accelerate Slum Redevelopment in Mumbai?

With the BJP-led government re-elected in Maharashtra, industry leaders are optimistic that the continuity in leadership will accelerate Mumbai’s slum redevelopment projects. The focus on modernizing infrastructure and addressing the housing shortage is expected to drive significant economic growth and improve the city’s livability.
MahaRERA

MahaRERA Invites Objections to De-Registration of Macrotech and Raheja Projects Along with 17 Others

MahaRERA has issued a notice inviting objections to the de-registration of 19 real estate projects, including prominent developments by Macrotech Developers and K Raheja Corp. Stakeholders are encouraged to submit objections by 12th December 2024, ensuring transparency in the real estate sector.
Leasing

Real Estate Demand Soars in India’s BFSI Sector, Projected to Break 2023 Leasing Records in 2024

The BFSI sector in India is experiencing a significant surge in office space demand, projected to surpass its previous leasing record of over 11 million square feet set in 2023. As global players dominate the market and tech hubs like Bengaluru and Mumbai emerge as key locations, the future looks bright for real estate in this rapidly evolving sector.
Mumbai Coastal Road to be a catalyst for real estate growth in Western Suburbs

Mumbai’s Property Market Shows Resilience with Rising Registration Figures and Revenue

Mumbai’s property market is witnessing a remarkable upswing, with October 2024 recording 12,714 registrations and generating ₹1,187 crore in revenue. This significant growth compared to the previous year highlights a recovering market fueled by favorable economic conditions and increasing buyer confidence. Explore the implications of this trend for both homebuyers and investors in the city.
Foreign universities in India could save US$113 billion in forex, serve over 560,000 students and create 19 million sq ft of education real estate demand, says a Deloitte–Knight Frank report.

Mumbai Sees Record Property Registration Revenue During Diwali Boom

In a remarkable display of market resilience, Mumbai’s property registrations hit a record high during the Diwali season, with October 2024 witnessing a revenue collection of ₹1,081 crore. This 52% increase over last year highlights a growing trend towards higher-ticket home sales, as the city embraces a festive boom in real estate activity.