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
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
MHADA Cuts Prices on 6,248 PMAY Flats in Thane: First-Come, First-Served Basis
In a significant move to boost affordable housing in the Mumbai Metropolitan Region (MMR), MHADA has announced the sale of 6,248 flats under the Pradhan Mantri Awas Yojana (PMAY-Urban) in Thane. The prices have been revised, offering both increases and decreases depending on the location.