Market News
Mumbai real estate, curated. Article dates shown honestly — some stories are archival.
ICICI Prudential AMC buys Mumbai's VIOS Tower office for ₹525 crore
ICICI Prudential Asset Management Company (AMC) has made a significant investment in Mumbai's commercial real estate market by acquiring office space in the VIOS Tower for over ₹525 crore. This…
NeoLiv acquires 76 acres land in Maharashtra's Khopoli for plotted...
NeoLiv has made a significant move by acquiring 76 acres of land in Khopoli, Maharashtra, aimed at developing a plotted residential project. This acquisition marks the company's entry into the…
Maharashtra approves handover of three plots for Mula-Mutha...
The Maharashtra government has recently approved the handover of three plots essential for the Mula-Mutha river project. This decision facilitates the necessary land acquisition for the riverfront…
Godrej family buys two apartments in Mumbai's Worli for ₹294 crore
In a significant development in Mumbai's luxury real estate market, a member of the Godrej family has acquired two sea-facing apartments in Worli for a total of ₹294 crore. This transaction ranks…
NSE inks 80-year lease with MMRDA for 2.7-acre BKC land for ₹1,684...
The National Stock Exchange (NSE) has secured an 80-year lease for 2.7 acres of land in the Bandra-Kurla Complex (BKC), a key business district in Mumbai. This significant transaction involves a…
Civic body proposes township over 69 acres in Airoli, Navi Mumbai
A civic body has put forth a proposal to develop a township over 69 acres in Airoli, Navi Mumbai. This initiative is aimed at creating a well-planned residential and mixed-use development on this…
Maharashtra to introduce property cards with valuation for all...
The Maharashtra government is set to introduce property cards that will include valuation details for all properties across the state. This initiative aims to enhance the existing system of property…
Fresh 39A proposals seek conversion of over 25,000 sq meters in...
Recent proposals under the 39A provision are aiming to convert over 25,000 square metres of land in Mumbai, highlighting a renewed interest in development for these specific parcels. This move…
Arisinfra subsidiary secures ₹650 crore DaaS contract for Wadhwa's...
An Arisinfra subsidiary has secured a ₹650 crore Drywall-as-a-Service (DaaS) contract for a project by Wadhwa, marking a significant development in the construction materials and services sector…
Indiabulls Real Estate case: Four entities pay ₹10.5 crore to Sebi...
Four entities associated with the Indiabulls Real Estate case have collectively paid ₹10.5 crore to the Securities and Exchange Board of India (SEBI) to settle ongoing proceedings. This payment…
Housing societies in Mumbai can expand leisure facilities free of FSI
Housing societies in Mumbai have received a significant boost with a new provision that allows them to expand their leisure and recreational facilities without these expansions counting against their…
Labour flight and cost surge stall real estate projects in Mumbai
The real estate sector in Mumbai is currently facing significant challenges due to a combination of labour shortages and rising input costs. These factors are causing delays in construction timelines…
Bombay HC clears Valor Estate subsidiary's title over 205-acre...
The Bombay High Court has recently upheld the title of a subsidiary of Valor Estate over approximately 205 acres of land in the Mumbai region. This ruling concludes a legal dispute that has persisted…
BMC initiates integration of 3D digital model of Mumbai with civic...
The Brihanmumbai Municipal Corporation (BMC) has commenced the integration of a 3D digital model of Mumbai with its civic systems. This initiative represents a significant step towards data-driven…
Lift safety checks lag in Pune, Mumbai divisions as recent mishaps...
Recent developments have highlighted a significant delay in mandatory lift safety inspections across the Pune and Mumbai divisions. This backlog has raised concerns, especially in light of recent…
Bombay HC steps into Decathlon-Godrej clash over prime Chembur lease
The Bombay High Court has recently become involved in a legal dispute between Decathlon and Godrej concerning a prime leased property in Chembur, Mumbai. This case revolves around the terms of the…
Soon high-rises on nine-metres roads across Mumbai
The Brihanmumbai Municipal Corporation (BMC) has approved a significant proposal that will allow high-rise constructions on plots located along roads narrower than nine metres. This decision is a…