Explore the fascinating journey of Mumbai's growth from a compact city to the sprawling Mumbai Metropolitan Region (MMR). Discover how the region has evolved and the challenges it faces.
MumbaiMmrReal EstateUrbanizationDevelopmentReal Estate MaharashtraFeb 27, 2025

The Mumbai Metropolitan Region (MMR) is a metropolitan area that includes the city of Mumbai and its extended suburbs. It covers a typical length of 120 km and incorporates several districts and towns such as Thane, Navi Mumbai, Panvel, Kalyan, and Karjat.
Mumbai has grown from a 16 km length (Colaba to Mahim) to a 40 km length (Colaba to Dahisar) to a 120 km length (Colaba to Palghar) as the MMR. This growth has been driven by economic opportunities and urbanization.
The MMR faces challenges such as traffic congestion, environmental degradation, and the need for better infrastructure. These issues arise from the rapid urbanization and population growth in the region.
The MMR has seen significant real estate development, with both residential and commercial properties sprouting up in the extended suburbs. This has provided more housing options and economic opportunities for residents.
The expansion of Mumbai has brought both opportunities and challenges for its residents. While it has created more job opportunities and improved living standards, it has also led to issues like traffic congestion and environmental concerns.

The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.

The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.

Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.

Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon

Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.

The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.