🏢 Developers Get Relief: 120–180 m Towers on Big Plots No Longer Need High-Rise Committee Approval

In a major policy shift, Maharashtra has allowed 120–180 m buildings on plots above 2,000 sq.m to skip High-Rise Committee clearance. Municipal Commissioner can now approve these projects directly — a move expected to speed up redevelopment and reduce delays in Mumbai’s real estate sector.

Hyderabad Residential Registrations Surge 35% YoY in September 2025; Premium Housing Demand Hits Record High

Hyderabad’s housing market defied seasonal slowdown, registering a 35% YoY jump in property registrations and a 70% surge in value in September 2025. Knight Frank data shows booming demand for ₹1 crore+ premium homes, especially in Rangareddy, as weighted average prices rose 20% YoY.

🏢 Realty Stocks Open Strong as Market Eyes Policy Cues, Luxury Demand Remains Robust

The realty sector began the week on a positive note, with the Nifty Realty Index trading higher in morning trade. Major developers like DLF, Oberoi Realty, and Prestige Estates led the rally, supported by strong luxury housing demand and expectations of supportive policy signals. Investors are also eyeing upcoming IPO activity and institutional capital inflows that could boost sector momentum further.

Mumbai Redevelopment to Unlock 44,000+ Homes Worth ₹1.3 Trillion by 2030

Mumbai’s housing landscape is set for a major transformation with over 44,000 homes worth ₹1.3 trillion expected through society redevelopment by 2030. Suburban corridors lead with 96% of deals, while the state government eyes over ₹20,800 crore in revenue.

Puravankara Secures Malabar Hill Redevelopment Project Worth ₹2,700 Crore

Puravankara Limited, through its subsidiary Purva Blue Agate Pvt Ltd, has secured the redevelopment rights for a 1.43-acre society in Malabar Hill. With a development potential of 0.7 million sq. ft. and a GDV of ₹2,700 crore, the project will deliver new luxury homes to existing residents and create premium inventory for sale. This marks Puravankara’s second major South Mumbai redevelopment after Breach Candy’s Miami Apartments, expanding its city portfolio to 4.25 million sq. ft. with a GDV potential of ₹10,500 crore.