Maharashtra is planning to increase the height limit for high-rises from 120m to 180m, a move that has been met with enthusiasm by the real estate industry. This new proposal could reshape Mumbai's skyline and open up new opportunities for development.
MumbaiSkyscrapersReal EstateUrban DevelopmentMaharashtraReal Estate MaharashtraFeb 05, 2025
The proposed new height cap for high-rise buildings in Mumbai is 180 meters.
The real estate industry has welcomed the new height cap proposal, seeing it as an opportunity to create more efficient and sustainable urban spaces.
Concerns have been raised about the potential exacerbation of issues such as traffic congestion, strain on public utilities, and the city's limited green spaces.
The government plans to introduce stricter building codes and regulations, including measures for mandatory green spaces, rainwater harvesting, and waste management systems.
The current height limit for high-rise buildings in Mumbai is 120 meters.
Tier 2 and Tier 3 cities are witnessing a significant surge in land acquisitions and real estate development, with Lucknow and Jaipur leading the charge. These cities are becoming hotspots for affordable housing and commercial projects.
Century Real Estate is set to launch more than 10 new housing projects in the fiscal year 2026, primarily in Bengaluru, with an estimated revenue potential of over Rs 9,000 crore. The company aims to capitalize on the growing demand for residential properties in key cities.
The Dwarka Expressway has transformed the real estate landscape in Delhi-NCR, making it possible to own premium properties for around $1 million. Discover the opportunities and benefits of investing in this thriving region.
Several real estate developers are facing unexpected challenges as they receive show cause notices from the Goods and Services Tax (GST) authorities, questioning their Input Tax Credit (ITC) claims worth Rs 3,500 crore.
The United States and India have agreed to reduce tariffs on certain goods following reciprocal trade measures announced by the US, marking a significant step toward easing trade tensions between the two nations.
Delhi-NCR, Mumbai, and Hyderabad lead the luxury housing sales surge, with Pune registering a 450% year-on-year increase.