MHADA Sets Target to Construct 19,497 Houses in FY 2025-26

The Maharashtra Housing and Area Development Authority (MHADA) has set a target to construct 19,497 housing units across the state in the financial year 2025-26. With a budget allocation of ₹15,951.23 crore, Mumbai alone will see 5,199 new units, focusing on key redevelopment projects like BDD Chawl, Goregaon Siddharth Nagar, and more.

Viyaara Realty Plans ₹50 Crore Residential Project in Dadar

Viyaara Realty is set to redefine luxury housing with Altiora, a ₹50 crore residential project in Dadar and Shivaji Park. The development will feature 1 and 2 BHK residences with 10.5 ft floor-to-floor height, a feature typically found in larger apartments. With breathtaking waterfront views, world-class amenities, and excellent connectivity, Altiora caters to young professionals, nuclear families, and investors looking for a high-end lifestyle in South Mumbai’s prime real estate market.

Supreme Universal Completes Supreme Estia Project in Pune, Achieves ₹ 750 Crore Revenue Milestone

Supreme Universal has completed all phases of Supreme Estia in Baner, Pune. The project, launched in 2020, comprises over 600 units and has reached a ₹750 crore revenue milestone. The development includes 2, 3, and 4 BHK residences with extensive amenities.

The Role of Policy in Driving Sustainable Real Estate Development

As India faces rapid urbanization, sustainable real estate is emerging as a necessity. Government policies and smart technology are driving a shift toward eco-friendly development.

K Raheja Corp Signs Landmark ₹466 Crore Deal for Kandivali East Land Parcel

K Raheja Corp has finalized a ₹466 crore deal to acquire a 5.65-acre land parcel in Kandivali East, Mumbai, from Global E-Service Private Limited. The transaction, tied to obtaining development approvals from the BMC, will be completed in phases over five years. The agreement includes a ₹210 crore refundable, interest-free security deposit and reflects a major step in Mumbai’s real estate development sector.