Navi Mumbai International Airport begins operations: How does it impact the real estate market around it?

With the start of the first commercial flight operations from the Navi Mumbai International Airport (NMIA) on December 25, real estate experts believe that the entire Navi Mumbai region and its surrounding areas in the Mumbai Metropolitan Region (MMR) and the Pune Metropolitan Region (PMR) are already witnessing a wave of optimism and growth, which […]

Mumbai real estate: Railway authority receives the highest bid of ₹2,251 crore for 2.6 acres of land in Mahalaxmi

A prime 2.5-acre land parcel in South Mumbai’s Mahalaxmi locality has drawn a record-breaking bid of ₹2,251 crore for a 99-year-long lease by the Railway Land Development Authority (RLDA). According to real estate experts, this was the highest price ever offered for a 2.6-acre plot in the Mumbai real estate market, which can be considered […]

Interest rate cuts lift housing affordability in Mumbai, Delhi NCR sees a marginal dip: Report

The affordability of home purchases for homebuyers has improved in 2025, as interest rates have dropped significantly since the end of 2024, according to Knight Frank India’s Affordability Index report. Ahmedabad is the most affordable housing market among the top eight cities, with a ratio of 18%, followed by Pune and Kolkata at 22%, according […]

Cognizant renews lease of over 92,000 sq ft in Navi Mumbai for nearly ₹40 crore

IT services major Cognizant Technology Solutions India Pvt. Ltd. has renewed a lease for over 92,000 sq ft of commercial office space in Mindspace Business Parks in Navi Mumbai, near Mumbai, for a total of over ₹39.66 crore, according to property registration documents accessed by CRE Matrix. Mumbai real estate update; IT services major Cognizant […]

Most bldg sites flouting air pollution norms: HC body

MUMBAI: A five-member committee, appointed by the Bombay High Court (HC) on November 28 to monitor the implementation of pollution-control measures across Mumbai and Navi Mumbai, has concluded that most construction, demolition, industrial and roadwork sites are guilty of not complying with existing guidelines, despite the rules being in place. The report was presented to […]

Why are residents in Mumbai’s Worli on the streets over the redevelopment of prime land?

Residents of Worli Koliwada in Mumbai are protesting after the Slum Rehabilitation Authority (SRA) issued notices to initiate termination of the current developer, who is handling major redevelopment projects on nearly six acres of prime land. These notices have sparked anger among residents, citing that they put long-awaited housing projects at risk. Mumbai redevelopment news: […]

Keystone Realtors to launch ₹3K cr worth ultra luxury housing project in Mumbai next month: CMD

Mumbai next month with a revenue potential of about ₹3,000 crore, a top company official said. Keystone Realtors plans to launch ₹3K cr worth ultra luxury housing project in Mumbai next month, Boman Irani, Chairman and Managing Director of the company said. Mumbai-based Keystone Realtors, which sells properties under Rustomjee brand, is one of the […]