SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Mumbai

Navi Mumbai civic body undertakes demolition drive in Belapur against illegal construction

02 Oct 2025

The Navi Mumbai Municipal Corporation (NMMC) recently carried out a demolition drive in the Belapur division against unauthorised construction after repeated notices were ignored. Acting under the directives of Municipal Commissioner Dr Kailas Shinde and senior civic officials, the encroachment department organised the action with full deployment of staff, machinery, and police support. Authorities confirmed that similar anti-encroachment operations will be intensified in the future.Read more

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Maharashtra sets up SGRA to fast-track Mumbai's self-redevelopment projects

02 Oct 2025

The Maharashtra government has set up the Self-Group Redevelopment Authority (SGRA) to speed up self-redevelopment projects in Mumbai, appointing BJP MLC Pravin Darekar as chairman with Minister of State status. Acting alongside MHADA as the nodal agency, SGRA aims to help housing societies navigate disputes and accelerate approvals for self-managed redevelopment. The move builds on past government resolutions from 2019 encouraging societies to undertake redevelopment themselves.Read more

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Bombay HC cancels attempt to grab Malabar Hill bungalow worth INR 150 crore

02 Oct 2025

The Bombay High Court has revoked letters of administration that had transferred ownership of a Malabar Hill bungalow valued at INR 150 crore. The property once belonged to Sir Jamshedji Duggan and was allegedly taken over through a forged will. The court fined the person involved INR 25 lakh and ordered cancellation of a transfer deed from 2022. Executors of the legitimate will of Dr Feroze Duggan challenged the transfer, saying it was based on false statements and unregistered documents. The court also opened criminal proceedings for using fake documents in court.Read more

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Massive cleanliness drive on Navi Mumbai highways sees overwhelming public participation

01 Oct 2025

A large-scale cleanliness drive was carried out on the Sion-Panvel Highway and Thane-Belapur Road in Navi Mumbai, where more than 7,000 citizens, civic officials, staff, and volunteers participated despite heavy rainfall. The initiative, conducted under the ongoing 'Swachhata Hi Seva' campaign of the Central Government, saw significant involvement from over 5,000 members of Dr Nanasaheb Dharmadhikari Pratishthan. The civic body emphasised public participation, with additional commissioners and senior officials also joining the efforts, reinforcing Navi Mumbai's commitment to maintaining its reputation as a clean city.Read more

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Navi Mumbai to mentor five Maharashtra cities under Swachh City Pairing initiative

01 Oct 2025

Navi Mumbai Municipal Corporation (NMMC), recognised under the Super Swachh League, has entered into a partnership with five municipal councils in Maharashtra to extend guidance on urban cleanliness. The collaboration, formed under the Ministry of Housing and Urban Affairs' Swachh Bharat Mission, is aimed at strengthening inter-city cooperation on sanitation practices. Officials confirmed that the initiative would be result-oriented, with its impact assessed during the forthcoming Swachh Survekshan 2025-26.Read more

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Property registrations in Mumbai municipal region rise sharply on festive demand

01 Oct 2025

Property registrations in the Mumbai municipal region rose significantly during the past month, driven by strong festive demand. According to Knight Frank India, the city recorded 12,070 property registrations, representing a 32 per cent year-on-year increase compared with the same period last year. Maharashtra government data indicated that stamp duty collections also increased, reaching INR 1,292 crore, with residential transactions forming the bulk of the registrations.Read more

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Hiranandani launches INR 17,000 crore luxury coastal township 'Hiranandani Sands' in Alibaug

01 Oct 2025

Hiranandani Communities, led by Dr Niranjan Hiranandani, has launched Hiranandani Sands, India's largest integrated coastal township in Alibaug, with a topline of INR 17,000 crore. Spread across 225 acres, the project features luxury homes, villas, plotted residences, serviced apartments, five hotels, a convention centre, wellness hub, yacht club, and one of Alibaug's biggest water sports hubs. Sustainability measures include a 27-acre reserve forest and proximity to wetlands. The first phase, comprising 330 units across three towers, sold out at launch, generating INR 450 crore. Backed by infrastructure upgrades like Atal Setu, Ro-Ro ferry links, and Navi Mumbai Airport, the township positions Alibaug as a luxury real estate hub.Read more

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Capgemini's Airoli Knowledge Park sold to Panchshil Realty for INR 550 crore

01 Oct 2025

Pune-based Panchshil Realty has acquired Capgemini's Knowledge Park in Airoli, Thane, near Mumbai, for INR 550 crore. Spread across 15.38 acres, the campus includes five commercial buildings, a training centre, utility buildings, a visitors' plaza, three cafes, and a guest house. The property hosts offices for several technology firms, including Here Technologies, GEP, Atos Global IT Solutions, and Solcen Technologies. The deal, registered on September 17, 2025, is among the largest commercial real estate transactions in the Mumbai Metropolitan Region this year and adds to Panchshil's expanding footprint in the city.Read more

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Bombay High Court rejects plea by housing society members against deemed conveyance

30 Sep 2025

The Bombay High Court has dismissed a petition by individual members of Satyam Lok Prabhat Cooperative Housing Society in Mumbai who challenged a deemed conveyance order issued to their society. The court ruled that once the society negotiates a settlement with the builder, individual members cannot contest it separately. The decision refers to the 2018 government resolution under the Maharashtra Ownership of Flats Act (MOFA) and highlights that disputes regarding property conveyance must be handled collectively through the society.Read more

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NAREDCO MAHI honors women leaders in real estate at HOMETHON 2025 Awards in Mumbai

30 Sep 2025

NAREDCO MAHI recently celebrated the Women Achiever Awards 2025 at the NAREDCO HOMETHON Property Expo in Mumbai, honoring women transforming the real estate and allied sectors. With participation from top industry leaders and dignitaries, the event highlighted women's growing influence in leadership, sustainability, and skill development. Through speeches and accolades, the awards underscored women's resilience, vision, and ability to shape communities. The initiative, supported by leading industry partners, emerged as a platform to inspire future female leaders while celebrating the achievements of trailblazing women across the country.Read more

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Samruddhi Expressway becomes first solar-powered expressway, targets 204 MW

29 Sep 2025

The Maharashtra State Road Development Corporation (MSRDC) has started generating 5 MW of solar power along the 701-km Samruddhi Mahamarg (Mumbai-Nagpur expressway), with initial installations at Karanja Lad in Washim and Mehkar in Buldhana. The power will be sold to MSEDCL under a 2022 agreement at INR 3.05 per unit. Samruddhi is now India's first expressway to install solar generation. MSRDC aims to scale up to 204 MW across various interchanges, using the solar power for highway lighting and generating carbon credits. The expressway has carried over 2.5 crore vehicles since its inauguration in December 2022.Read more

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Supreme Court directs son to return Mumbai properties to 80-year-old father

29 Sep 2025

The Supreme Court has directed a man to vacate two properties in Mumbai and hand them back to his 80-year-old father. The order was passed after the son was found preventing his father and mother, aged 78, from residing in their own homes. A tribunal had earlier ruled in favour of the parents, ordering eviction of the son and a monthly maintenance of INR 3,000. While the Bombay High Court had later overturned this decision, the apex court had restored the tribunal's order, confirming that such authorities are empowered under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 to ensure the rights and welfare of senior citizens.Read more

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Navi Mumbai International Airport arranges housing for staff through Wadhwa Group partnership

28 Sep 2025

Navi Mumbai International Airport (NMIAL) has secured accommodation for its personnel by entering into an agreement with Wadhwa Group to take 405 ready-to-move-in flats at Panvel in the Mumbai Metropolitan Region. The arrangement, made under a leave and licence agreement, ensures residential facilities for employees and their families as the airport prepares for inauguration in the coming weeks. The move reflects growing housing demand in the region ahead of the airport's operational launch.Read more

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Navi Mumbai Airport authorities take 405 flats in Panvel for staff and families

26 Sep 2025

Navi Mumbai International Airport has taken 405 flats in Panvel from the Wadhwa Group for airport staff and their families. These ready-to-move-in units in Wadhwa Wise City will be available on a leave-and-license basis starting October 2025, ahead of the airport's expected inauguration next month. The arrangement allows temporary occupation without transferring ownership. With rising demand for apartments, bungalows, and plots in the area, the partnership addresses staff accommodation needs and reflects how major infrastructure projects can stimulate residential growth in Panvel and surrounding parts of the Mumbai Metropolitan Region.Read more

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Taj Bandstand project receives approval to begin construction in Mumbai

26 Sep 2025

Indian Hotels Company Limited (IHCL), part of the Tata Group, announced during the past week that it had secured all necessary approvals to begin construction of the Taj Bandstand project in Bandra, Mumbai. The development, worth INR 2,500 crore, will be built on a two-acre parcel of land held under lease by its subsidiary, ELEL Hotels and Investment Limited. The project is planned to feature 330 rooms and 85 apartments, designed to enhance the city's luxury hospitality offering.Read more

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Cabinet approves redevelopment of 4,973 MHADA flats in SVP Nagar, Andheri West

26 Sep 2025

The Maharashtra government has approved redevelopment of 4,973 flats in SVP Nagar colony in Andheri West under MHADA, spread over 498 plots. MHADA will redevelop 98 housing societies built in 1993 under a World Bank scheme. Seven societies have already been fully redeveloped and three are under construction. The remaining 82 societies, housing about 2,666 families, will come under the plan. The project will follow BMC's rules and include modern amenities, improved housing space, and upgraded infrastructure to enhance living standards.Read more

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Maha Mumbai Metro restores services after technical snag

25 Sep 2025

Maha Mumbai Metro faced a brief technical issue during the trial run of Metro Line 9 near Dahisar (East) earlier this week, which temporarily halted operations. To ensure passenger convenience, services were promptly restored with loop and short loop operations introduced. While minor delays occurred, trains continued running across key stretches. The technical team addressed the glitch swiftly, and services are now fully operational with a renewed emphasis on safety and reliability.Read more

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Mahindra Lifespaces to take up redevelopment of two housing societies in Chembur, Mumbai

25 Sep 2025

Mahindra Lifespace Developers Ltd (MLDL), part of the Mahindra Group, has been chosen to execute two society redevelopment projects in Chembur, Mumbai, with a combined gross development potential of nearly INR 1,700 crore. Covering 2.6 and 1.8 acres in the Diamond Garden locality, the projects will deliver modern, sustainable homes with upgraded community amenities. MLDL's Chief Business Officer, Vimalendra Singh, said redevelopment is central to the company's growth strategy in high-demand areas. Well-connected to Navi Mumbai, Thane, BKC, and Powai, the sites benefit from the upcoming Diamond Garden Metro Station and improved infrastructure, positioning them strongly within Mumbai's evolving real estate market.Read more

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Centre clears salt pan land for Dahisar-Bhayandar Link Road project

25 Sep 2025

The Union government has leased 53.17 acres of salt pan land to the Brihanmumbai Municipal Corporation (BMC) on a 99-year lease worth INR 12.9 crore for the Dahisar-Bhayandar Link Road (DBLR). This 5 km elevated stretch, running from Dahisar West to Bhayandar West, will close a critical connectivity gap between Nariman Point and Mira Bhayandar. Larsen & Toubro secured the INR 3,304 crore construction contract, and the project is expected to be completed within three years, significantly easing traffic and shortening commute times.Read more

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Nirmiti Seasons

25 Sep 2025

Mumbai City, India

Nirmiti Seasons in Mulund East, Mumbai, is an upcoming residential project offering 1 and 2 BHK apartments ranging from 405 to 636 sq. ft. Developed by Nirmiti Enterprises, the project is expected to be ready for possession by December 2028.

View Website | Visit RERA website

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