Real Estate Mumbai
Mumbai Metro Sells Land to RBI for Metro-3 Funding: A Major Milestone
The Mumbai Metro Rail Corporation (MMRC) has successfully sold land in south Mumbai to the Reserve Bank of India (RBI) for Rs 3,471.82 crore, significantly boosting the funding for the Colaba-Bandra-SEEPZ Metro-3 corridor.
Real Estate
NeoLiv Signs Management Agreement for 47-Acre Mixed-Use Villa Project in Khopoli, Near Mumbai
Mumbai-based real estate developer NeoLiv has announced a management agreement to develop a 47-acre mixed-use villa project in Khopoli, near Mumbai. The project is expected to generate a revenue potential of ₹600 crore, expanding NeoLiv's footprint into a fast-growing micro-market within the Mumbai Metropolitan Region (MMR).
Real Estate Maharashtra
Maharashtra Sanctions Rs 3,750 Crore for New Bombay High Court Complex
The Maharashtra government has approved a massive investment of Rs 3,750 crore for the construction of a new Bombay High Court complex. This move aims to modernize and expand the judicial infrastructure in Mumbai.
real estate news
Exploring Thane’s Real Estate Market: Where to Buy ₹50 Lakh to ₹7 Crore Homes
Thane, a once-satellite town, has transformed into a prime residential hub in the Mumbai Metropolitan Region (MMR). With improved connectivity and infrastructure, the city offers diverse housing options from ₹50 lakh to ₹7 crore, making it an attractive choice for both end-users and investors.
Real Estate Mumbai
Thane Real Estate: Exploring ₹50 Lakh to ₹7 Crore Homes
Thane, once a satellite town to Mumbai, has emerged as a premier residential hub in the Mumbai Metropolitan Region (MMR). Discover the diverse housing options and price ranges in this thriving city.
Real Estate Maharashtra
Maharashtra Approves Massive Metro, Rail, and Road Projects
The Maharashtra government has given the green light to several major infrastructure projects, including metro, rail, and road developments, worth billions of rupees. These projects aim to enhance connectivity and boost urban growth across the state.
Real Estate Mumbai
Paras Railtech Secures Rs 1.22 Billion Contract for Mumbai Metro Line 2B
Paras Railtech has been awarded a significant contract worth Rs 1.22 billion to construct the ballastless track for the upcoming Mumbai Metro Line 2B, connecting Andheri West to the Bandra-Kurla Complex and Mandale.
Real Estate
Maharashtra CM Fadnavis Addresses Rising Property Prices in Mumbai Despite Major Infrastructure Boost
Maharashtra Chief Minister Devendra Fadnavis highlights the ongoing issue of rising property prices in Mumbai, despite significant infrastructure improvements. He emphasizes the need for innovative construction technologies and better collaboration between developers and the government to achieve affordability.
Real Estate
Raymond Realty Q1 Profit Surges; Eyes Stronger H2 with New Project Launches
Raymond Realty, the real estate division of Raymond Ltd, reported a significant increase in first-quarter net profit. The company is optimistic about a stronger second half, driven by new project launches.
Real Estate Mumbai
Mumbai Metro Expansion: Four New Lines Set to Launch by 2025
Mumbai is set to witness a significant transformation in its public transport infrastructure with the launch of four new metro lines by 2025. The expansion, led by the Mumbai Metropolitan Region Development Authority (MMRDA), aims to address traffic congestion, improve east-west connectivity, and ease the burden on the suburban railway network.
Real Estate Mumbai
Mumbai's Public Transport Revolution: Metro Expansion and Mumbai One App
Mumbai is set to transform its public transport system by 2025 with the addition of four new Metro lines and the launch of the Mumbai One app, aiming to create a seamless, eco-friendly, and equitable travel experience.
Real Estate Mumbai
MMRCL Proposes 17.5km Underground Metro Line 11 in Mumbai
The Mumbai Metropolitan Region Development Authority (MMRDA) has proposed a new 17.5km underground Metro Line 11 to enhance urban transport in Mumbai. This line is set to provide a crucial link in the city’s expanding metro network.
Real Estate Mumbai
Godrej Properties Restructures Top Team in Mumbai amid Executive Exits
Godrej Properties Ltd (GPL) has announced significant changes in its senior management team for the Mumbai Metropolitan Region (MMR), with new appointments and resignations.
Real Estate Mumbai
NCC Ltd Secures Major ₹2,269 Cr Order for Mumbai Metro Line 6
NCC Ltd, a leading infrastructure and construction company, has secured a significant order worth ₹2,269 crore from the Mumbai Metropolitan Region Development Authority (MMRDA) for the development of Mumbai Metro Line 6.
Real Estate Mumbai
Mumbai Metro 2B: The Catalyst Behind Chembur's Property Price Surge
Chembur, once a quiet suburb, is witnessing a dramatic rise in property prices thanks to the upcoming Mumbai Metro Line 2B. The new metro line is set to transform the area, making it a prime location for both residential and commercial investments.
Real Estate Mumbai
New Environmental Clearance Rule Halts 70,000 Home Projects in MMR
Over 70,000 housing units across nearly 500 projects in the Mumbai Metropolitan Region (MMR) have been halted due to a new directive by the National Green Tribunal (NGT), requiring central government environmental clearances for projects within 5 km of eco-sensitive zones.
real estate news
Gautam Singhania's Strategic Move: Raymond Realty's Ambitious Growth Plans
Gautam Singhania, MD and Chairman of Raymond Ltd., reveals ambitious plans for the company's real estate division, Raymond Realty, focusing on the Mumbai Metropolitan Region and aiming for a 20% EBITDA growth this year.
Real Estate Mumbai
MMRDA Requests Rs 5.50 Bn Property Tax Waiver for Metro Yards and RMC Plants
The Mumbai Metropolitan Region Development Authority (MMRDA) has submitted a proposal to the State Urban Development Department, seeking a waiver of Rs 5.50 billion in property tax for metro yards and ready-mix concrete (RMC) plants.
Real Estate Mumbai
Housing Sales Plunge 20% in India, 25% in Mumbai Metropolitan Region
Increasing property prices and global geopolitical tensions have led to a 20% decline in housing sales across seven major Indian cities, with Mumbai Metropolitan Region (MMR) experiencing a 25% drop in the second quarter of 2025.
Real Estate Mumbai
MMRDA Approves Rs 120 Billion for Metro and Transport Projects
The Mumbai Metropolitan Region Development Authority (MMRDA) has approved a massive investment of Rs 120 billion for various metro and transport projects, including the development of Metro Line 4 and 6, and the enhancement of the Mumbai Trans Harbour Link (MTHL).