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real estate mumbai

33 posts
Maharashtra has approved the free transfer of 33,954 hectares of government land to MMRDA, allowing it to develop infrastructure and generate revenue—marking a major shift in Mumbai’s urban planning strategy.

Maharashtra’s Biggest Land Transfer Ever: Govt Hands Over 33,954 Hectares to MMRDA

Maharashtra has approved the free transfer of 33,954 hectares of government land to MMRDA, allowing it to develop infrastructure and generate revenue—marking a major shift in Mumbai’s urban planning strategy.
Maharashtra has extended government land lease tenure to 49 years with a renewal option up to 98 years, aiming to boost commercial development and increase state revenue.

₹1,500 Crore Disbursed from Stamp Duty Surcharges to MMRDA, & Metro Projects

Maharashtra government has approved ₹1,500 crore from stamp duty surcharge collections to fund MMRDA, Mumbai Metro, and Maha-Metro projects, directly linking real estate transactions to infrastructure growth.
Mumbai strengthened its position as India’s largest residential market in 2025, while office leasing touched 9.8 million sq ft—the second-highest level in over a decade—driven by GCC expansion, firm pricing, and disciplined supply, according to Knight Frank.

Maharashtra Announces Revised OC Amnesty Scheme to Regularize 20,000 Unauthorized Buildings in Mumbai

The new OC scheme provides 50% premium concessions and penalty waivers for early applicants, benefiting 2.5 lakh families and extending to schools and hospitals in unauthorized structures.
Shahid Balwa of DB Realty has been appointed as Convener by CREDAI MCHI for BMC related tasks

Shahid Balwa of DB Realty Named Convener of CREDAI-MCHI Task Force to Smooth Developer-BMC Relations

Shahid Balwa, Managing Director of DB Realty, has been appointed convener of…
MHADA

MHADA to Sell Homes in Mumbai Without a Lottery

In a first, MHADA will sell unsold premium flats in Mumbai without holding a lottery. The homes — priced up to ₹7 crore — will be offered on a First Come, First Serve basis, with official ads expected by Diwali.