Mumbai-based Ashar Group on February 13 announced that it has received the Occupancy Certificate (OC) for its luxury project, The Legend, in Mumbai’s Bandra. The project has been developed through the redevelopment of a bungalow owned by Bollywood legend Dilip Kumar. Mumbai real estate update: Mumbai-based Ashar Group on February 13 announced that it has […]
Ramana Iyer, a resident of Mumbai’s western suburbs, said the proposed redevelopment of his 40-year-old building has hit a roadblock as one member has an outstanding home loan of ₹45 lakh. According to Iyer, the homeowner has been unable to obtain a no-objection certificate (NOC) from the bank since the loan remains unpaid and is […]
In one of the largest cluster redevelopment projects, 53 housing societies in Mumbai’s Kandivali area are planning to come together to redevelop their 26-year-old housing complex. The housing complex is located in the Maharashtra Housing and Area Development Authority (MHADA) layout and was built by MHADA in 2000. Mumbai redevelopment news: The Chhatrapati Shivaji Raje […]
DLF Ltd announced on January 23 that, as part of its expansion strategy, it will foray into the senior living housing segment. The company plans to launch a project in Gurugram this quarter, with an estimated revenue potential of around ₹2,000 crore. DLF Ltd said on January 23 that, as part of its expansion plans, […]
When Abhishek Ragnathan booked his 3-BHK home in 2013 for ₹1.70 crore, he was in his early 30s, planning a future with his family. Thirteen years on, at 42, the apartment remains unfinished. Life, however, has moved on at a steep emotional and financial cost. Like Abhishek, hundreds of homebuyers invested their life savings, took […]
Mumbai-based, listed real estate developer Raymond Realty on January 21 announced the launch of a residential redevelopment project in Wadala, Mumbai, with a revenue potential of ₹5,000 crore. The project, titled ‘The Address by GS, Wadala’, will be developed on a 5.62-acre land parcel, the company said in a regulatory filing. Mumbai-based, listed real estate […]
Although the Bandra–Versova Sea Link (BVSL) is nearly two years from completion, Mumbai’s real estate market is already seeing heightened activity along the corridor. Localities such as Bandra, Juhu, Versova, and Madh Island are witnessing a surge in new project launches, as well as the redevelopment of older buildings, driven by the under-construction infrastructure that […]
In 2025, Mumbai saw a steady influx of real estate developers from Bengaluru, Hyderabad, Chennai and Delhi-NCR, including DLF’s high-profile entry. Several players from these markets, along with Pune-based developers, either launched projects during the year or are scouting opportunities for 2026. Mumbai redevelopment news: In 2025, Mumbai saw a steady influx of real estate […]
Maharashtra’s Housing Policy 2025 marked a watershed moment for the state’s real estate sector this year, rolling out wide-ranging reforms focused on redevelopment, self-reliance, and targeted housing support. The policy proposes a separate RERA-like law for redevelopment projects, strongly promotes self-redevelopment, and calls for a statewide housing demand survey to assess current needs across districts. […]
For decades, owning a flat has been regarded as a cornerstone of financial security for India’s middle class, often marketed as a safe, long-term investment that would appreciate in value and support future generations. However, as home prices soar, maintenance costs rise, and ageing buildings raise questions about resale and redevelopment, a growing number of […]