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India Real Estate News

Society Redevelopment Procedure in Mumbai: A Step-by-Step Guide

Society Redevelopment Procedure in Mumbai: A Step-by-Step Guide

Mumbai, known for its dense urban population and aging infrastructure, is witnessing a major shift through housing society redevelopment. With thousands of buildings over 30–40 years old, societies are now opting for redevelopment to improve living conditions, infrastructure, and property value. This article outlines the official society redevelopment procedure in Mumbai, as per Maharashtra Government […]

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Procedure for Appointment of PMC for Society Redevelopment in Maharashtra

Procedure for Appointment of PMC for Society Redevelopment in Maharashtra (As per CHS Bye-Laws)

Redevelopment of old and dilapidated buildings has become crucial in urban areas like Mumbai, Thane, and Pune. For any successful redevelopment project, the appointment of a Project Management Consultant (PMC) is a mandatory and strategic step. In Maharashtra, the Co-operative Housing Society (CHS) Bye-Laws and Government circulars outline a structured approach for appointing a PMC.

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Shruti Pai, wife of Manipal Group’s Ranjan Pai, buys a ₹64 crore duplex in Bengaluru’s Jayamahal Extension—marking a shift in ultra-luxury real estate preferences toward high-rise apartments.

Shruti Pai’s ₹64 Crore Ultra-Luxury Duplex Signals Bengaluru’s Shift to High-End Apartments

By 123bhk Real Estate Insights In one of Bengaluru’s biggest luxury real estate transactions, Shruti R. Pai, Founder & Director of Sagework Design and wife of Manipal Education & Medical Group Chairman Ranjan Pai, has purchased a ₹64 crore luxury duplex in the upscale Jayamahal Extension area. Property Overview Market Context & Trends This high-profile

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Eros Cinema Swadesh Reliance Industries

Swadesh by Reliance Debuts at Iconic Eros Mumbai: Nita Ambani Champions Indian Craft

Swadesh Launches at Mumbai’s Iconic Eros Cinema: Nita Ambani Leads Reliance’s Celebration of Indian Craft Mumbai, July 25, 2025 — In a momentous blend of tradition, art, and modern luxury, Reliance Industries, under the leadership of Nita Ambani, has officially launched the flagship store of its luxury artisanal brand Swadesh at the newly restored Eros

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Mumbai’s BMC to Establish 15-Acre Mangrove Nursery in Borivali to Offset Coastal Road Impact

Introduction In a significant step toward urban environmental restoration, the Brihanmumbai Municipal Corporation (BMC) is set to acquire a 15-acre private plot in Borivali’s Eksar area to create a dedicated mangrove nursery. This move comes as part of the civic body’s efforts to mitigate the ecological damage caused by the ongoing ₹25,000 crore Mumbai Coastal

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DLF Exits Rs 10,000 Crore SoBo Project Following Settlement with Hubtown

India’s largest real estate company, DLF, has formally exited a Rs 10,000 crore luxury development project in South Mumbai, following a mutual settlement with its joint venture partner, Hubtown Ltd. This move concludes a protracted dispute between the two companies and clears the path for future action on the long-stalled prime property. This settlement resolves

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Maharashtra Govt May Consider Higher FSI in Mumbai’s Airport Funnel Zone

In a potential game-changer for Mumbai’s real estate sector, the Maharashtra government has indicated its willingness to explore the possibility of increasing the Floor Space Index (FSI) in the city’s airport funnel zone. Deputy Chief Minister Eknath Shinde recently said the government is open to reviewing FSI norms in this regulated area, pending coordination with

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gorai

Gorai – MHB Colony: Borivali’s Hidden Gem Set for Real Estate Renaissance

🌇 A Nostalgic Corner Turning into a Modern Marvel Nestled between Borivali West and the scenic Gorai creek, MHB Colony in Gorai was once synonymous with peaceful living, childhood outings to Essel World, and the nostalgic ferry rides across Marve and Gorai waters. Today, this once-sleepy colony is at the heart of a real estate

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Housing Sales Decline in MMR

Housing Sales Decline in MMR The Market Implications of the 30% Decline in Housing Sales in MMR and Pune July14, 2025, New Delhi — Pune and the Mumbai Metropolitan Region (MMR) had a sharp 30% decline in housing sales over the same period last year, going from 60,191 units to 41,901 units.  This significant drop,

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snapshot table of possible monthly rents across popular residential areas in Mumbai (as of mid-2025)

Mumbai’s Soaring Rental Market Begins to Stabilize as Housing Supply Increases

📅 Date: July 14, 2025📍 Location: Mumbai, Maharashtra Introduction After a steep surge in rental rates over the last two years, Mumbai’s rental market is showing signs of stabilizing. The sharp increase in housing supply, coupled with a slowdown in redevelopment activity across key suburbs, has begun to cool the runaway rents that had become

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