The move has been hailed by the real estate sector, with industry experts weighing in on the potential benefits and challenges of this new regulation.
MumbaiReal EstateHighrise BuildingsUrban DevelopmentConstructionReal Estate MumbaiFeb 05, 2025

The proposed change is to increase the height limit from 120 metres to 180 metres.
A 120-metre building can currently accommodate approximately 40 floors.
The new height limit for high-rise buildings needs to be approved by the Brihanmumbai Municipal Corporation (BMC)’s Technical Committee.
The potential benefits include streamlining the approval process, accelerating project timelines, enhancing ease of doing business, and contributing to the city’s vertical growth to meet rising housing demand.
The Technical Committee will advise on issues related to high-rise buildings having a height more than 180 metres or any building having a slenderness ratio of 9 or more, irrespective of the height of the building.

Arvind SmartSpaces Limited announces its Q1 FY25 financial results, boasting a 49% YoY growth in bookings and a 21% increase in collections.

In a significant development, a PCMC contract worker has been arrested in a bribery case, while the water inspector remains on the run. The incident has raised concerns about corruption in public services in Pune, a city known for its rapid growth in real

Country Garden, one of China's largest real estate developers, has reported a significant drop in sales for January, exacerbating the company's ongoing challenges in the volatile property market.

Mumbai: Alt, the holding company for Property Share, a leading platform in fractional real estate ownership, is set to raise Rs 2.8K crore. This move is expected to further boost the company's market presence and expand its innovative real estate solution

Pune's real estate market witnessed an 8% Year-on-Year decline in property registrations in January 2025, with a total of 16,330 properties registered. Despite this, stamp duty collections remained steady at ₹590 crore.

The state government has announced plans to build a specialized cancer hospital in Pune, a city with a rapidly growing population and increasing number of cancer patients. This move is expected to significantly enhance healthcare services and provide much