Real Estate Mumbai
Bandra Reclamation Set to Transform with 8 Million Sqft of Luxury Developments
A new report by Lighthouse Luxury and CRE Matrix projects a development potential of over ₹1 lakh crore for the Bandra Reclamation area, with plans for ultra-luxury residential and retail spaces.
Real Estate Mumbai
Navi Mumbai to Establish India's First Waste-to-Art Lab
Navi Mumbai is set to establish India's first Waste-to-Art Lab, a groundbreaking initiative aimed at transforming waste into artistic creations. This innovative project is expected to not only address environmental concerns but also promote creativity and sustainability.
Real Estate Mumbai
Mumbai's Bandra Bay: The Next Billion-Dollar Waterfront Real Estate Hub
Mumbai is set to transform into India’s ‘waterfront capital’ with the Bandra Bay project, offering over ₹1 trillion in luxury real estate potential. The project, spanning 140 acres, is expected to drive premium residential and retail development, attracting leading developers and investors.
Real Estate Mumbai
Mumbai Launches Feeder Bus Service for Metro Aqua Line Commuters
The Mumbai Metro Rail Corporation (MMRC) has partnered with Cityflo to introduce dedicated feeder bus services for passengers using Metro Line 3 (Aqua Line). These buses aim to enhance first and last mile connectivity, making daily commutes smoother and more convenient.
Real Estate Mumbai
MMRC and Cityflo Launch Feeder Bus Services for Mumbai Metro Line 3
Mumbai Metro Rail Corporation (MMRC) and Cityflo have introduced dedicated feeder bus services for Metro Line 3, enhancing first and last mile connectivity for commuters. The services will initially cover key stations like Bandra-Kurla Complex, Worli, and CSMT.
Real Estate Mumbai
Oberoi Realty Reports 29% Q2 Profit Growth to Rs 760 Crore in FY26
Mumbai-based premium real estate developer Oberoi Realty has reported a significant 29% year-on-year (Y-o-Y) increase in net profit for the second quarter of FY26, reaching Rs 760.3 crore. The company also declared a second interim dividend for FY26.
Real Estate Mumbai
Oberoi Realty Q2 FY26: Profitability Declines Amid Revenue Contraction
Oberoi Realty Ltd, a leading premium real estate developer in Mumbai, reported a challenging Q2 FY26 with a decline in net profit and revenue, raising concerns about the company's near-term momentum in the premium property market.
Real Estate Mumbai
Tribeca Developers Repays ₹200 Crore Loan for The Edge Project in Mumbai
Tribeca Developers, the Indian partner of the Trump Organization, has repaid a ₹200 crore loan to HDFC Capital for its luxury project, The Edge, in South Mumbai. The project includes two 600-ft glass towers and showcases the company's financial stability and market trust.
Real Estate Mumbai
Godrej Properties to Develop Rs 1,100 Crore Premium Residential Project in South Bengaluru
Godrej Properties Limited (GPL) has acquired a 26-acre land parcel in South Bengaluru's Sarjapur Road corridor to develop a premium residential project with an estimated revenue potential of Rs 1,100 crore. This move underscores the company's confidence in one of Bengaluru’s most vibrant residential destinations.
Real Estate Mumbai
Rustomjee Group Launches Festive Offers to Make Homeownership More Accessible
Rustomjee Group, a leading real estate developer in Mumbai, introduces flexible and transparent payment plans for its premium residential projects during the festive season, making homeownership more achievable and stress-free.
Real Estate Mumbai
Prestige Group Launches Prestige Garden Trails in Mumbai’s Dahisar–Mira Road
Prestige Group, a renowned real estate developer in India, has unveiled its latest residential project, Prestige Garden Trails, in the rapidly growing Dahisar–Mira Road area of Mumbai. The project, located along the Western Express Highway, offers a blend of modern amenities and convenient connectivity.
Real Estate Mumbai
Lodha Developers Acquires Rs 23 Billion MMR Land, Achieves FY26 Target
Lodha Developers, a leading real estate firm in India, has acquired a significant land parcel in the Mumbai Metropolitan Region (MMR) for Rs 23 billion, meeting its FY26 target. This strategic move underscores the company's commitment to expanding its presence in the region.
Real Estate Mumbai
Mumbai Court Nullifies SRA Acquisition of NESCO Goregaon Land for Slums
The Bombay High Court has invalidated the SRA's acquisition of NESCO land in Goregaon East, citing procedural lapses and the need to respect private property rights. This decision highlights the ongoing challenges in slum redevelopment governance in Mumbai.
Real Estate Mumbai
Mumbai Scandal: IAS Officer's Wife Bharti Pawar at the Center of Rs 169 Crore Illegal Construction Scam
The Enforcement Directorate (ED) has attached properties worth Rs 71 crore in connection with a major illegal construction scam in the Vasai-Virar area. The case involves IAS officer Anil Pawar and his wife Bharti, who is accused of fronting a portion of the Rs 169.6 crore scam.
Real Estate Mumbai
Strata Exits Express Zone in Mumbai at ₹40 Crore with 13% IRR
Strata has successfully exited its investment in Express Zone, a premium Grade A office property in Goregaon East, Mumbai, at a transaction value of ₹40 crore, delivering a 13% IRR and 20% capital appreciation.
Real Estate Mumbai
Mumbai's Residential Sales Surge 2% in Q3, Office Rents Rise 11%
Mumbai’s residential property market continues to thrive, with a 2% increase in home sales in Q3 2025, while office rents see an 11% rise despite lower transaction volumes.
Real Estate Mumbai
From Lazy to Ironman: Dhaval Ajmera's Journey in Fitness and Real Estate
Dhaval Ajmera, a prominent figure in Mumbai's real estate market, shares his transformation from a self-proclaimed lazy 20-something to a multiple Ironman triathlete. His insights on discipline, endurance training, and balancing business with passion are invaluable for both fitness enthusiasts and real estate investors.
Real Estate Mumbai
MHADA to Unveil Rs 7.5 Crore Luxury Apartments in South Mumbai Before Diwali
The Maharashtra Housing and Area Development Authority (MHADA) is set to sell its most premium apartments in South Mumbai, priced between ₹5.93 crore and ₹7.58 crore, ahead of the Diwali festival. This move marks a significant departure from the traditional lottery system, offering a rare opportunity to own high-end real estate in one of Mumbai’s most sought-after localities.
Real Estate Mumbai
ED Seizes Rs 71 Crore in Properties in Major Mumbai Municipal Corruption Case
The Enforcement Directorate (ED) has attached immovable properties worth Rs 71 crore in a significant corruption case involving the Vasai Virar City Municipal Corporation (VVCMC). The case includes IAS officer Anil Pawar and others, with the ED's investigation revealing a widespread cartel of officials involved in illegal construction and bribery.
Real Estate Mumbai
Enforcement Directorate Chargesheet Reveals Luxury Purchases by Accused in Vasai-Virar Illegal Construction Scandal
The Enforcement Directorate (ED) has filed a chargesheet against 18 individuals, including two former senior officials of the Vasai Virar City Municipal Corporation (VVCMC), over the illegal construction of 41 buildings. The chargesheet reveals that the accused used bribe money to make luxury purchases, including expensive jewelry, a pen worth Rs 70,000, and iPhones.